Business & Finance Murfreesboro, TN Pop. 152,769

Financial Advisor Salary in Murfreesboro, Tennessee

The median financial advisor salary in Murfreesboro, TN is $87,759 per year, which is 8% below the national median and 3.4% above the Tennessee state average.

City Median
$87,759
vs State Avg
+$2,862
vs National
$-7,631
Cost of Living
92%

Financial Advisor Salary in Murfreesboro by Experience

In Murfreesboro, an entry-level financial advisor earns around $44,160, while experienced professionals earn up to $165,600 per year. The local cost of living index is 92% of the national average.

Entry Level (0-2 yrs)
$44,160
$-3,840 vs national
Mid Level (3-7 yrs)
$87,400
$-7,600 vs national
Senior Level (8+ yrs)
$165,600
$-14,400 vs national

Salary Percentiles in Murfreesboro, TN

Percentile Murfreesboro
10th Percentile $40,848
25th Percentile $57,408
Median (50th) $87,759
75th Percentile $137,080
90th Percentile $219,880

Financial Advisor Salary in Other Tennessee Cities

How to Become a Financial Advisor in Murfreesboro

Education

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