Business & Finance Philadelphia, PA Pop. 1,603,797

Financial Advisor Salary in Philadelphia, Pennsylvania

The median financial advisor salary in Philadelphia, PA is $101,113 per year, which is 6.0% above the national median and 6.0% above the Pennsylvania state average.

City Median
$101,113
vs State Avg
+$5,723
vs National
+$5,723
Cost of Living
102%

Financial Advisor Salary in Philadelphia by Experience

In Philadelphia, an entry-level financial advisor earns around $50,880, while experienced professionals earn up to $190,800 per year. The local cost of living index is 102% of the national average.

Entry Level (0-2 yrs)
$50,880
+$2,880 vs national
Mid Level (3-7 yrs)
$100,700
+$5,700 vs national
Senior Level (8+ yrs)
$190,800
+$10,800 vs national

Salary Percentiles in Philadelphia, PA

Percentile Philadelphia
10th Percentile $47,064
25th Percentile $66,144
Median (50th) $101,113
75th Percentile $157,940
90th Percentile $253,340

Financial Advisor Salary in Other Pennsylvania Cities

How to Become a Financial Advisor in Philadelphia

Education

Most financial advisor positions require a bachelor's degree. Philadelphia and the surrounding Pennsylvania area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Philadelphia may vary based on local industry and population growth.