Personal Financial Advisors Salary
The median pay for a personal financial advisors in Santa Fe, NM is $138,790/year ($66.72/hour), per BLS data. The range runs from $79K at the entry level to $341K for experienced workers. Adjusted for local prices (RPP 98.77), that's roughly $140,518 in purchasing power. Rent on a 2-bedroom averages $1,685/month, or 20% of estimated take-home pay.
So what does $139K get you in Santa Fe?
Groceries, utilities, transportation, and healthcare scaled from national averages by Santa Fe’s Regional Price Parity (98.77). 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 Santa Fe
Santa Fe sits well above the national pay line for personal financial advisors, local pay runs about 32% higher than the U.S. median of $105K. Housing is manageable: a 2-bedroom at the HUD median costs $1,685/month, 20.3% of take-home, well inside the 30% guideline. Cost of living (RPP 98.77) is near the national average, so spending patterns here track the typical American budget fairly closely. Combined with manageable housing costs, Santa Fe 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 Santa Fe, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| Albuquerque | $96K | $100K |
| Las Cruces | $73K | $81K |
| Grand Junction | $104K | , |
| Colorado Springs | $72K | , |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Santa Fe, NM
Entry-level personal financial advisors (10th percentile) start around $79K. Mid-career wages sit at $139K. Top earners bring in $341K or more, a $263K 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 Santa Fe numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Santa Fe?
Yes — at the median salary of $139K, rent takes 20.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,685/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Santa Fe?
The 10th-percentile wage — what new personal financial advisors typically earn — is $79K/year. Take-home on that works out to about $4,711/month. At HUD’s $1,685/month FMR, rent would take 36% 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 Santa Fe?
Local pay is 32% above the national median — $139K here vs. $105K nationally.
How does Santa Fe compare to the national average for personal financial advisors?
Santa Fe pays $139K median vs. the U.S. average of $105K — that’s +32%. After adjusting for local cost of living (RPP 98.77), the purchasing-power equivalent is $141K — still ahead of the national median.
How much do personal financial advisors make in Santa Fe, NM?
The median is $138,790 a year, that works out to about $67 an hour. But the range is wide: entry-level workers start around $78,510, and experienced personal financial advisors can clear $341,370. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $139K enough to live in Santa Fe?
On that salary, you'd take home roughly $8,318/month after taxes. A 2-bedroom here rents for about $1,685/month, which eats 20.3% 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 Santa Fe?
Santa Fe has a Regional Price Parity of 98.77 (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 $140,518 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.