Personal Financial Advisors Salary
The median pay for a personal financial advisors in Kentucky is $67,150/year ($32.29/hour), per BLS data. The range runs from $44K at the entry level to $281K for experienced workers. Note: the mean (average) wage is $124K, 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 90.23), which stretches that salary to about $74,421 in buying power. Rent on a 2-bedroom averages $1,110/month, or 25.2% of estimated take-home pay.
Statewide average. Salary and cost of living vary significantly across Kentucky. Jump to a metro for precise data:
So what does $67K get you in Kentucky?
About personal financial advisors
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What this looks like in Kentucky
Pay for personal financial advisors in Kentucky runs about 36% below the U.S. median of $105K. Rent runs $1,110/month for a 2-bedroom (HUD FMR), taking 25.2% of the median take-home. That's within the 30% rule, though not by much. Regional Price Parity sits at 90.23 (national = 100), meaning everyday costs run about 10% cheaper here. Your dollar stretches further than the headline salary suggests. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Kentucky
Entry-level personal financial advisors (10th percentile) start around $44K. Mid-career wages sit at $67K. Top earners bring in $281K or more, a $237K spread from bottom to top.
Personal Financial Advisors salary by metro in Kentucky
5 metro areas with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Lexington-Fayette | $74K | +11% | 200 |
| Louisville/Jefferson County | $73K | +8% | 670 |
| Paducah | $72K | +8% | 30 |
| Owensboro | $72K | +8% | 50 |
| Bowling Green | $69K | +3% | 30 |
Compare to other states
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Kentucky numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Kentucky?
Yes — at the median salary of $67K, rent takes 25.2% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,110/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Kentucky?
The 10th-percentile wage — what new personal financial advisors typically earn — is $44K/year. Take-home on that works out to about $2,633/month. At HUD’s $1,110/month FMR, rent would take 42% 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 Kentucky?
Local pay runs 36% below the national median — $67K here vs. $105K nationally. Cost of living is 10% below the national average, which narrows that gap in real purchasing power.
How does Kentucky compare to the national average for personal financial advisors?
Kentucky pays $67K median vs. the U.S. average of $105K — that’s -36%. After adjusting for local cost of living (RPP 90.23), the purchasing-power equivalent is $74K — below the national median.
How much do personal financial advisors make in Kentucky?
The median is $67,150 a year, that works out to about $32 an hour. But the range is wide: entry-level workers start around $43,880, and experienced personal financial advisors can clear $281,230. The mean (average) is $124,320, reflecting that some workers earn substantially more. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $67K enough to live in Kentucky?
On that salary, you'd take home roughly $4,412/month after taxes. A 2-bedroom here rents for about $1,110/month, which eats 25.2% 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 Kentucky?
Kentucky has a Regional Price Parity of 90.23 (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 $74,421 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.