How much does a Financial Advisor make in Madison, WI?
In Madison, WI, a Financial Advisor can expect to earn a solid income. The average yearly salary for this role is around $101,000. This figure reflects the expertise and value that financial advisors bring to their clients. The salary range can vary based on experience and the specific responsibilities of the job.
Financial Advisors in Madison, WI, can earn between $46,350 and $225,000 annually. The distribution of salaries shows that most advisors fall within the middle range. This range includes:
- 24.08% earn between $46,350 and $78,832
- 13.38% earn between $78,832 and $95,073
- 22.75% earn between $95,073 and $127,555
- 2.68% earn between $127,555 and $143,795
- 1.34% earn between $143,795 and $160,036
- 6.69% earn between $160,036 and $176,277
- 16.06% earn between $176,277 and $192,518
- 1.34% earn between $192,518 and $208,759
- 2.68% earn between $208,759 and $225,000
What are the highest paying cities for a Financial Advisor near Madison, WI?

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Janesville, WI
Average Salary: $117,987
In Janesville, financial professionals enjoy a community that values financial stability. Companies like Associated Bank and Bellin Health offer great opportunities. The city's strong economy makes it a good place to grow a career in finance.
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Oshkosh, WI
Average Salary: $110,919
Oshkosh provides a supportive environment for those in the financial sector. Local firms such as Associated Bank and ThedaCare create a network of opportunities. The city's focus on education and family-friendly policies makes it a desirable place to work.
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Eau Claire, WI
Average Salary: $104,134
Eau Claire offers a vibrant community for financial advisors. Local companies like UPMC and Allegacy Financial provide solid career paths. The city's emphasis on health and wellness aligns well with financial planning.
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Appleton, WI
Average Salary: $101,080
Appleton is a thriving city for financial experts. Companies like Bellin Health and ThedaCare are prominent employers. The city's strong economy and community support make it a great place to advance in finance.
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Kenosha, WI
Average Salary: $95,312
Kenosha provides a dynamic environment for financial advisors. Local firms such as Associated Bank and Advocate Aurora Health offer many opportunities. The city's growing economy and community focus on education make it a good place to work.
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Minneapolis, MN
Average Salary: $88,875
Minneapolis is a hub for financial professionals. Major companies like U.S. Bank and Wells Fargo create many job opportunities. The city's diverse economy and vibrant culture make it an exciting place to build a career.
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Bloomington, IL
Average Salary: $88,760
Bloomington offers a welcoming environment for financial advisors. Local firms like UnityPoint Health and State Farm provide solid career paths. The city's focus on education and community well-being aligns well with financial planning.
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Chicago, IL
Average Salary: $88,017
Chicago is a bustling city for financial experts. Major companies like JPMorgan Chase and Goldman Sachs provide many opportunities. The city's diverse economy and vibrant culture make it an exciting place to advance in finance.
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Rockford, IL
Average Salary: $86,288
Rockford provides a supportive environment for financial advisors. Local firms like UnityPoint Health and State Farm offer many opportunities. The city's focus on education and community well-being aligns well with financial planning.
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Peoria, IL
Average Salary: $81,889
Peoria offers a vibrant community for financial professionals. Local firms like UnityPoint Health and Caterpillar Inc. create many job opportunities. The city's strong economy and community support make it a great place to grow a career in finance.
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What are the best paying companies for a Financial Advisor in Madison, WI?

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New York Life
Average Salary: $145,184
New York Life offers rewarding Financial Advisor positions in Madison, WI. They provide comprehensive training and support. Their advisors work with clients to create personalized financial plans. New York Life operates nationwide, ensuring diverse opportunities.
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WestPoint Financial Group
Average Salary: $81,618
WestPoint Financial Group is a leading firm in Madison, WI, for Financial Advisors. They focus on client-centered financial planning. Advisors here enjoy a supportive work environment and the chance to grow. The company serves clients across the state of Wisconsin.
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Magellan Health Services
Average Salary: $61,083
Magellan Health Services offers Financial Advisor roles in Madison, WI. They emphasize health and wellness in financial planning. Advisors here work with a team to provide holistic financial advice. The company operates in multiple states, offering varied experiences.
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Bankers Life
Average Salary: $52,167
Bankers Life provides Financial Advisor positions in Madison, WI. They focus on life insurance and financial products. Advisors here work closely with clients to meet their needs. Bankers Life operates across the United States, offering diverse opportunities.
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UW Health
Average Salary: $50,215
UW Health offers Financial Advisor jobs in Madison, WI. They provide a unique approach to financial planning for healthcare. Advisors here work in a supportive and innovative environment. UW Health is a leading healthcare provider in Wisconsin.
What are the best paying Financial Advisor related jobs in Madison, WI?

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Risk Management Director
Average Salary: $194,500
This role involves overseeing risk management strategies. They work with companies to ensure they are prepared for financial uncertainties. Key employers include major banks and insurance firms.
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Estate Planner
Average Salary: $161,325
They help individuals plan their financial future and manage their assets. Estate planners often work with law firms and financial institutions. They ensure that clients' wishes are carried out after their passing.
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Underwriting Manager
Average Salary: $127,202
This position involves assessing risks for insurance companies. They decide which clients can get coverage and at what rates. Companies like insurance agencies and banks hire underwriting managers.
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Risk Management Manager
Average Salary: $123,119
They focus on identifying and managing risks for businesses. This role is crucial for companies to avoid financial losses. They work closely with executives to develop risk management plans.
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Portfolio Manager
Average Salary: $112,396
They manage investment portfolios for clients. They make decisions on buying and selling assets. Portfolio managers often work for financial firms and investment companies. They aim to maximize returns while minimizing risks.
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Risk Analyst
Average Salary: $95,890
They analyze financial data to identify potential risks. They work for banks, insurance companies, and investment firms. Their insights help companies make informed decisions.
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Investment Banker
Average Salary: $92,933
They help companies raise capital and manage their finances. They work for investment banks and financial institutions. Investment bankers advise on mergers, acquisitions, and other financial strategies.
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Wealth Management Advisor
Average Salary: $90,702
They provide financial advice to high-net-worth individuals. They help clients manage their wealth and investments. Wealth management advisors often work for private banks and financial advisory firms.
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Underwriting Consultant
Average Salary: $88,825
They offer expert advice on underwriting risks. They work with insurance companies and financial institutions. Their role is to ensure that companies make sound underwriting decisions.
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Analyst
Average Salary: $79,590
They analyze financial data to support decision-making. They work for various companies, including banks and investment firms. Analysts help identify trends and opportunities in the market.
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