Business & Finance Cranston, RI Pop. 82,934

Financial Advisor Salary in Cranston, Rhode Island

The median financial advisor salary in Cranston, RI is $97,298 per year, which is 2.0% above the national median and 4.7% below the Rhode Island state average.

City Median
$97,298
vs State Avg
$-4,769
vs National
+$1,908
Cost of Living
100%

Financial Advisor Salary in Cranston by Experience

In Cranston, an entry-level financial advisor earns around $48,960, while experienced professionals earn up to $183,600 per year. The local cost of living index is 100% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$96,900
+$1,900 vs national
Senior Level (8+ yrs)
$183,600
+$3,600 vs national

Salary Percentiles in Cranston, RI

Percentile Cranston
10th Percentile $45,288
25th Percentile $63,648
Median (50th) $97,298
75th Percentile $151,980
90th Percentile $243,780

Financial Advisor Salary in Other Rhode Island Cities

Providence, RI
$104,929
Pop. 190,934
Warwick, RI
$99,206
Pop. 82,823
East Providence, RI
$95,390
Pop. 47,139
Pawtucket, RI
$93,482
Pop. 75,604

How to Become a Financial Advisor in Cranston

Education

Most financial advisor positions require a bachelor's degree. Cranston and the surrounding Rhode Island 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 Cranston may vary based on local industry and population growth.

Find Financial Advisor Jobs in Cranston

Browse open financial advisor positions in Cranston, RI:

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Frequently Asked Questions: Financial Advisor Salary in Cranston

How much does a Financial Advisor make in Cranston, RI? ▼
The median financial advisor salary in Cranston, Rhode Island is $97,298 per year, which is 2.0% above the national median of $95,390. Salaries range from $45,288 (10th percentile) to $243,780 (90th percentile).
How much does a Financial Advisor make per hour in Cranston? ▼
Based on the median annual salary of $97,298, a financial advisor in Cranston earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Cranston compare to the Rhode Island state average for financial advisor pay? ▼
Cranston's median financial advisor salary of $97,298 is 4.7% below the Rhode Island state average of $102,067. The local cost of living index is 100% of the national average.
What is the cost of living in Cranston, RI? ▼
Cranston has a cost of living index of 100% compared to the national average. This means a financial advisor salary of $97,298 in Cranston has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Cranston? ▼
Most financial advisor positions in Cranston require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.