Business & Finance Texas (TX) Rank #31 of 50

Financial Advisor Salary in Texas

The median financial advisor salary in Texas is $87,759 per year, which is 8% below the national median of $95,390.

Median Salary
$87,759
vs National
$-7,631
State Rank
#31 of 50
Cost of Living
92%

Financial Advisor Salary in Texas by Experience

In Texas, an entry-level financial advisor earns around $44,160, while experienced professionals earn up to $165,600 per year. The cost of living index in Texas 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 Texas

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

Major Cities for Financial Advisors in Texas

The largest employment areas for financial advisors in Texas include Houston, Dallas, Austin, and San Antonio. Salaries in major metro areas may be higher due to increased demand and cost of living.

Houston, TX
Metro area for financial advisor employment
Dallas, TX
Metro area for financial advisor employment
Austin, TX
Metro area for financial advisor employment
San Antonio, TX
Metro area for financial advisor employment
Fort Worth, TX
Metro area for financial advisor employment

How to Become a Financial Advisor in Texas

Education

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

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Texas

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