Personal Financial Advisors Salary in U.S. (2024)
The median pay for a personal financial advisors in U.S. is $102,140/year ($49.11/hour), per BLS data. Entry-level workers start around $50K. (BLS did not publish a top-end figure for this area.)
Updated
AffordMap analysis of BLS Occupational Employment and Wage Statistics, May 2024
So what does $102K get you in U.S.?
About personal financial advisors
Compensation breakdown
Annual earnings by percentile, U.S.
Entry-level personal financial advisors (10th percentile) start around $50K. Mid-career wages sit at $102K.BLS did not publish 90th percentile data for this occupation in this area (sample size too small).
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $168K | +64% | 28,820 |
| Idaho | $136K | +34% | 930 |
| California | $129K | +26% | 34,070 |
| Delaware | $128K | +25% | 600 |
| New Jersey | $124K | +21% | 6,830 |
| South Dakota | $123K | +21% | 500 |
| Maryland | $123K | +20% | 5,560 |
| Wisconsin | $116K | +13% | 5,240 |
| Washington | $112K | +10% | 6,510 |
| Connecticut | $107K | +5% | 3,990 |
| Illinois | $104K | +2% | 10,410 |
| Pennsylvania | $103K | +1% | 12,370 |
| Indiana | $102K | -0% | 5,370 |
| Massachusetts | $101K | -1% | 7,410 |
| Rhode Island | $101K | -1% | 1,290 |
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when U.S. numbers change.
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Frequently asked questions
How much do personal financial advisors make in U.S.?
The median is $102,140 a year - that works out to about $49.11 an hour. The range is wide: entry-level workers start around $49,990. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $102K enough to live in U.S.?
On that salary, you'd take home roughly $6,687/month after taxes. A 2-bedroom here rents for about $1,412/month, which eats 21.1% 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 U.S.?
U.S. has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median personal financial advisors salary is worth about $102,140 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.