Personal Financial Advisors Salary
The median pay for a personal financial advisors in Racine-Mount Pleasant, WI is $121,840/year ($58.58/hour), per BLS data. The range runs from $51K at the entry level to $476K for experienced workers. Adjusted for local prices (RPP 95.96), that's roughly $126,970 in purchasing power. Rent on a 2-bedroom averages $1,235/month, or 16.7% of estimated take-home pay.
So what does $122K get you in Racine-Mount Pleasant?
Groceries, utilities, transportation, and healthcare scaled from national averages by Racine-Mount Pleasant’s Regional Price Parity (95.96). 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 Racine-Mount Pleasant
Racine-Mount Pleasant sits well above the national pay line for personal financial advisors, local pay runs about 16% higher than the U.S. median of $105K. Housing is manageable: a 2-bedroom at the HUD median costs $1,235/month, 16.7% of take-home, well inside the 30% guideline. Cost of living (RPP 95.96) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Racine-Mount Pleasant offers a genuinely strong financial position for personal financial advisorss at the median.
Compared to nearby metros
Median pay for personal financial advisors in metros near Racine-Mount Pleasant, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Milwaukee-Waukesha | $126K | $130K |
| Madison | $126K | $130K |
| Green Bay | $120K | $129K |
| Eau Claire | $114K | $123K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Racine-Mount Pleasant, WI
Entry-level personal financial advisors (10th percentile) start around $51K. Mid-career wages sit at $122K. Top earners bring in $476K or more, a $425K 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 Racine-Mount Pleasant numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Racine-Mount Pleasant?
Yes — at the median salary of $122K, rent takes 16.7% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,235/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Racine-Mount Pleasant?
The 10th-percentile wage — what new personal financial advisors typically earn — is $51K/year. Take-home on that works out to about $3,032/month. At HUD’s $1,235/month FMR, rent would take 41% 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 Racine-Mount Pleasant?
Local pay is 16% above the national median — $122K here vs. $105K nationally.
How does Racine-Mount Pleasant compare to the national average for personal financial advisors?
Racine-Mount Pleasant pays $122K median vs. the U.S. average of $105K — that’s +16%. After adjusting for local cost of living (RPP 95.96), the purchasing-power equivalent is $127K — still ahead of the national median.
How much do personal financial advisors make in Racine-Mount Pleasant, WI?
The median is $121,840 a year, that works out to about $59 an hour. But the range is wide: entry-level workers start around $50,530, and experienced personal financial advisors can clear $475,640. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $122K enough to live in Racine-Mount Pleasant?
On that salary, you'd take home roughly $7,385/month after taxes. A 2-bedroom here rents for about $1,235/month, which eats 16.7% 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 Racine-Mount Pleasant?
Racine-Mount Pleasant has a Regional Price Parity of 95.96 (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 $126,970 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.