Financial Advisor Salary in Rhode Island
The median financial advisor salary in Rhode Island is $102,067 per year, which is 7.0% above the national median of $95,390.
Financial Advisor Salary in Rhode Island by Experience
In Rhode Island, an entry-level financial advisor earns around $51,360, while experienced professionals earn up to $192,600 per year. The cost of living index in Rhode Island is 105% of the national average.
Salary Percentiles in Rhode Island
| Percentile | RI Salary |
|---|---|
| 10th Percentile | $47,508 |
| 25th Percentile | $66,768 |
| Median (50th) | $102,067 |
| 75th Percentile | $159,430 |
| 90th Percentile | $255,730 |
Major Cities for Financial Advisors in Rhode Island
The largest employment areas for financial advisors in Rhode Island include Providence, Warwick, Cranston, and Pawtucket. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Financial Advisor in Rhode Island
Education
Most financial advisor positions require a bachelor's degree. Rhode Island has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Rhode Island
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Rhode Island's demand may vary based on local industry trends.