Personal Financial Advisors Salary
The median pay for a personal financial advisors in Rhode Island is $80,200/year ($38.56/hour), per BLS data. The range runs from $47K at the entry level to $164K for experienced workers. Adjusted for local prices (RPP 101.77), that's roughly $78,805 in purchasing power. A 2-bedroom apartment runs $1,544/month, about 30.7% of take-home, which is tight.
Statewide average. Salary and cost of living vary significantly across Rhode Island. Jump to a metro for precise data:
So what does $80K get you in Rhode Island?
About personal financial advisors
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What this looks like in Rhode Island
Pay for personal financial advisors in Rhode Island runs about 24% below the U.S. median of $105K. Rent runs $1,544/month for a 2-bedroom (HUD FMR), taking 29.8% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 101.77) is near the national average, so spending patterns here track the typical American budget fairly closely. Use the affordability calculator above to model your specific situation.
Compensation breakdown
Annual earnings by percentile, Rhode Island
Entry-level personal financial advisors (10th percentile) start around $47K. Mid-career wages sit at $80K. Top earners bring in $164K or more, a $118K spread from bottom to top.
Personal Financial Advisors salary by metro in Rhode Island
1 metro area with BLS data, ranked by median pay
| Metro area | Median salary | vs. state | Employment |
|---|---|---|---|
| Providence-Warwick | $84K | +4% | 1,200 |
Compare to other states
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Rhode Island numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Rhode Island?
Yes — at the median salary of $80K, rent takes 29.8% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,544/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Rhode Island?
The 10th-percentile wage — what new personal financial advisors typically earn — is $47K/year. Take-home on that works out to about $2,800/month. At HUD’s $1,544/month FMR, rent would take 55% 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 Rhode Island?
Local pay runs 24% below the national median — $80K here vs. $105K nationally.
How does Rhode Island compare to the national average for personal financial advisors?
Rhode Island pays $80K median vs. the U.S. average of $105K — that’s -24%. After adjusting for local cost of living (RPP 101.77), the purchasing-power equivalent is $79K — below the national median.
How much do personal financial advisors make in Rhode Island?
The median is $80,200 a year, that works out to about $39 an hour. But the range is wide: entry-level workers start around $46,670, and experienced personal financial advisors can clear $164,230. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $80K enough to live in Rhode Island?
On that salary, you'd take home roughly $5,181/month after taxes. A 2-bedroom here rents for about $1,544/month, which eats 29.8% 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 Rhode Island?
Rhode Island has a Regional Price Parity of 101.77 (100 is the national average). Prices are above average here, so your dollar buys less than the same salary would in a cheaper metro. After cost-of-living adjustment, the median personal financial advisors salary is worth about $78,805 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.