Business & Finance East Providence, RI Pop. 47,139

Financial Advisor Salary in East Providence, Rhode Island

The median financial advisor salary in East Providence, RI is $95,390 per year, which is 0.0% above the national median and 6.5% below the Rhode Island state average.

City Median
$95,390
vs State Avg
$-6,677
vs National
+$0
Cost of Living
98%

Financial Advisor Salary in East Providence by Experience

In East Providence, an entry-level financial advisor earns around $48,000, while experienced professionals earn up to $180,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$48,000
+$0 vs national
Mid Level (3-7 yrs)
$95,000
+$0 vs national
Senior Level (8+ yrs)
$180,000
+$0 vs national

Salary Percentiles in East Providence, RI

Percentile East Providence
10th Percentile $44,400
25th Percentile $62,400
Median (50th) $95,390
75th Percentile $149,000
90th Percentile $239,000

Financial Advisor Salary in Other Rhode Island Cities

How to Become a Financial Advisor in East Providence

Education

Most financial advisor positions require a bachelor's degree. East Providence 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 East Providence may vary based on local industry and population growth.

Find Financial Advisor Jobs in East Providence

Browse open financial advisor positions in East Providence, RI:

Frequently Asked Questions: Financial Advisor Salary in East Providence

How much does a Financial Advisor make in East Providence, RI?
The median financial advisor salary in East Providence, Rhode Island is $95,390 per year, which is 0.0% above the national median of $95,390. Salaries range from $44,400 (10th percentile) to $239,000 (90th percentile).
How much does a Financial Advisor make per hour in East Providence?
Based on the median annual salary of $95,390, a financial advisor in East Providence earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does East Providence compare to the Rhode Island state average for financial advisor pay?
East Providence's median financial advisor salary of $95,390 is 6.5% below the Rhode Island state average of $102,067. The local cost of living index is 98% of the national average.
What is the cost of living in East Providence, RI?
East Providence has a cost of living index of 98% compared to the national average. This means a financial advisor salary of $95,390 in East Providence has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in East Providence?
Most financial advisor positions in East Providence 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.