Financial Advisor Salary in Providence, Rhode Island
The median financial advisor salary in Providence, RI is $104,929 per year, which is 10.0% above the national median and 2.8% above the Rhode Island state average.
Financial Advisor Salary in Providence by Experience
In Providence, an entry-level financial advisor earns around $52,800, while experienced professionals earn up to $198,000 per year. The local cost of living index is 108% of the national average.
Salary Percentiles in Providence, RI
| Percentile | Providence |
|---|---|
| 10th Percentile | $48,840 |
| 25th Percentile | $68,640 |
| Median (50th) | $104,929 |
| 75th Percentile | $163,900 |
| 90th Percentile | $262,900 |
Financial Advisor Salary in Other Rhode Island Cities
How to Become a Financial Advisor in Providence
Education
Most financial advisor positions require a bachelor's degree. Providence and the surrounding Rhode Island area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Providence may vary based on local industry and population growth.