Personal Financial Advisors Salary
The median pay for a personal financial advisors in Columbia, MO is $63,030/year ($30.31/hour), per BLS data. The range runs from $38K at the entry level to $293K for experienced workers. Note: the mean (average) wage is $108K, significantly higher than the median. This typically reflects a mix of employment settings including academic and private practice positions. Cost of living is below average (RPP 89.44), which stretches that salary to about $70,472 in buying power. Rent on a 2-bedroom averages $1,160/month, or 28% of estimated take-home pay.
So what does $63K get you in Columbia?
Groceries, utilities, transportation, and healthcare scaled from national averages by Columbia’s Regional Price Parity (89.44). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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What this looks like in Columbia
Pay for personal financial advisors in Columbia runs about 40% below the U.S. median of $105K. Rent runs $1,160/month for a 2-bedroom (HUD FMR), taking 27.6% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 89.44 (national = 100), meaning everyday costs run about 11% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compared to nearby metros
Median pay for personal financial advisors in metros near Columbia, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Kansas City | $123K | $133K |
| St. Louis | $104K | $109K |
| Springfield | $75K | $85K |
| St. Joseph | $74K | $86K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Columbia, MO
Entry-level personal financial advisors (10th percentile) start around $38K. Mid-career wages sit at $63K. Top earners bring in $293K or more, a $255K spread from bottom to top.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
View Personal Financial Advisors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $166K | +58% | 21,550 |
| New Jersey | $159K | +51% | 9,300 |
| California | $130K | +24% | 32,200 |
| Connecticut | $130K | +23% | N/A |
| South Dakota | $129K | +23% | 620 |
| Massachusetts | $126K | +20% | N/A |
| Delaware | $125K | +19% | N/A |
| Oregon | $123K | +17% | 3,070 |
| Illinois | $120K | +14% | 9,760 |
| Wisconsin | $119K | +14% | 5,200 |
| Washington | $114K | +9% | 5,790 |
| Vermont | $110K | +5% | 520 |
| Pennsylvania | $105K | +0% | 12,200 |
| District of Columbia | $105K | -0% | 480 |
| Minnesota | $103K | -2% | 5,280 |
| Virginia | $103K | -2% | 6,340 |
| Kansas | $103K | -2% | 4,150 |
| Georgia | $101K | -3% | 6,830 |
| Florida | $101K | -4% | 21,490 |
| Missouri | $100K | -5% | 4,480 |
| Maryland | $100K | -5% | 5,260 |
| Texas | $99K | -6% | 18,200 |
| Montana | $97K | -7% | N/A |
| Arizona | $97K | -8% | 6,430 |
| North Carolina | $97K | -8% | 12,340 |
| New Hampshire | $97K | -8% | 1,850 |
| South Carolina | $96K | -8% | 2,400 |
| Idaho | $94K | -10% | 760 |
| New Mexico | $94K | -10% | 610 |
| Nebraska | $93K | -11% | 2,210 |
| Nevada | $93K | -12% | 1,730 |
| Iowa | $92K | -12% | 1,920 |
| Ohio | $91K | -13% | 7,680 |
| Colorado | $89K | -15% | 6,730 |
| Indiana | $88K | -17% | 5,400 |
| Tennessee | $84K | -20% | 3,970 |
| Rhode Island | $80K | -24% | 1,130 |
| West Virginia | $80K | -24% | 670 |
| Arkansas | $79K | -24% | 1,320 |
| Alaska | $79K | -25% | N/A |
| Alabama | $78K | -26% | 2,540 |
| Michigan | $78K | -26% | 6,570 |
| Wyoming | $77K | -26% | 310 |
| Utah | $77K | -26% | 2,520 |
| North Dakota | $77K | -27% | 540 |
| Hawaii | $76K | -28% | 550 |
| Oklahoma | $69K | -35% | 1,140 |
| Kentucky | $67K | -36% | 2,040 |
| Mississippi | $63K | -40% | 790 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Columbia numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Columbia?
Yes — at the median salary of $63K, rent takes 27.6% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,160/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Columbia?
The 10th-percentile wage — what new personal financial advisors typically earn — is $38K/year. Take-home on that works out to about $2,264/month. At HUD’s $1,160/month FMR, rent would take 51% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is personal financial advisor a high-paying job in Columbia?
Local pay runs 40% below the national median — $63K here vs. $105K nationally. Cost of living is 11% below the national average, which narrows that gap in real purchasing power.
How does Columbia compare to the national average for personal financial advisors?
Columbia pays $63K median vs. the U.S. average of $105K — that’s -40%. After adjusting for local cost of living (RPP 89.44), the purchasing-power equivalent is $70K — below the national median.
How much do personal financial advisors make in Columbia, MO?
The median is $63,030 a year, that works out to about $30 an hour. But the range is wide: entry-level workers start around $37,730, and experienced personal financial advisors can clear $293,050. The mean (average) is $108,000, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $63K enough to live in Columbia?
On that salary, you'd take home roughly $4,206/month after taxes. A 2-bedroom here rents for about $1,160/month, which eats 27.6% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in Columbia?
Columbia has a Regional Price Parity of 89.44 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $70,472 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.