Business & Finance Tennessee (TN) Rank #41 of 50

Financial Advisor Salary in Tennessee

The median financial advisor salary in Tennessee is $84,897 per year, which is 11% below the national median of $95,390.

Median Salary
$84,897
vs National
$-10,493
State Rank
#41 of 50
Cost of Living
89%

Financial Advisor Salary in Tennessee by Experience

In Tennessee, an entry-level financial advisor earns around $42,720, while experienced professionals earn up to $160,200 per year. The cost of living index in Tennessee is 89% of the national average.

Entry Level (0-2 yrs)
$42,720
$-5,280 vs national
Mid Level (3-7 yrs)
$84,550
$-10,450 vs national
Senior Level (8+ yrs)
$160,200
$-19,800 vs national

Salary Percentiles in Tennessee

Percentile TN Salary
10th Percentile $39,516
25th Percentile $55,536
Median (50th) $84,897
75th Percentile $132,610
90th Percentile $212,710

Major Cities for Financial Advisors in Tennessee

The largest employment areas for financial advisors in Tennessee include Nashville, Memphis, Knoxville, and Chattanooga. Salaries in major metro areas may be higher due to increased demand and cost of living.

Nashville, TN
Metro area for financial advisor employment
Memphis, TN
Metro area for financial advisor employment
Knoxville, TN
Metro area for financial advisor employment
Chattanooga, TN
Metro area for financial advisor employment
Murfreesboro, TN
Metro area for financial advisor employment

How to Become a Financial Advisor in Tennessee

Education

Most financial advisor positions require a bachelor's degree. Tennessee has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Tennessee

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Tennessee's demand may vary based on local industry trends.