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

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.