Business & Finance Madison, WI Pop. 269,840

Financial Advisor Salary in Madison, Wisconsin

The median financial advisor salary in Madison, WI is $95,390 per year, which is 0.0% above the national median and 8.7% above the Wisconsin state average.

City Median
$95,390
vs State Avg
+$7,631
vs National
+$0
Cost of Living
100%

Financial Advisor Salary in Madison by Experience

In Madison, 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 100% 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 Madison, WI

Percentile Madison
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 Wisconsin Cities

How to Become a Financial Advisor in Madison

Education

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

Find Financial Advisor Jobs in Madison

Browse open financial advisor positions in Madison, WI:

Frequently Asked Questions: Financial Advisor Salary in Madison

How much does a Financial Advisor make in Madison, WI?
The median financial advisor salary in Madison, Wisconsin 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 Madison?
Based on the median annual salary of $95,390, a financial advisor in Madison earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Madison compare to the Wisconsin state average for financial advisor pay?
Madison's median financial advisor salary of $95,390 is 8.7% above the Wisconsin state average of $87,759. The local cost of living index is 100% of the national average.
What is the cost of living in Madison, WI?
Madison has a cost of living index of 100% compared to the national average. This means a financial advisor salary of $95,390 in Madison has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Madison?
Most financial advisor positions in Madison 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.