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How much does a Financial Advisor make?

The average salary for a Financial Advisor is $84,400 per year in the US.

A Financial Advisor helps people manage their money. They offer advice on investments, retirement plans, and other financial matters. The average yearly salary for a Financial Advisor is around $84,400. This means that many people in this job earn a good living.

Financial Advisors can earn different amounts based on their experience and where they work. Some earn less, while others earn much more. Here are some examples:

  • The lowest 10% earn about $36,150 a year.
  • The next 20% earn between $49,000 and $61,850 a year.
  • The middle 20% earn between $61,850 and $74,700 a year.
  • The next 20% earn between $74,700 and $87,550 a year.
  • The top 10% earn more than $138,950 a year.

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What are the highest paying cities for a Financial Advisor?

Financial advisors in College Station, TX, enjoy some of the highest salaries, averaging over $154,000 per year. Seattle, WA, and Killeen, TX, also offer competitive pay, with averages around $133,000 and $128,000, respectively. These cities provide excellent opportunities for those seeking top compensation in the financial advisory field.
Graph displaying highest paying cities salaries for Financial Advisor jobs, highlighting College Station, TX with the highest at $154,304 and Chico, CA with the lowest at $110,409.
  1. College Station, TX
    Average Salary: $154,304
    In College Station, financial professionals thrive in a community that values education and innovation. With institutions like Texas A&M University, the area offers a unique blend of academic and practical financial opportunities. Many firms in the area focus on serving students and faculty, providing a dynamic environment.
    Find Financial Advisor jobs in College Station, TX


  2. Seattle, WA
    Average Salary: $133,476
    Seattle's financial sector is vibrant and diverse, with many tech companies and startups. Financial advisors here enjoy a fast-paced environment with plenty of opportunities for growth. Major firms like Wells Fargo and Bank of America have a strong presence in the city.
    Find Financial Advisor jobs in Seattle, WA


  3. Killeen, TX
    Average Salary: $127,819
    Killeen offers a stable and growing financial market, supported by military bases and local businesses. Financial advisors in this area benefit from a community that values financial security and planning. The presence of Fort Hood adds a unique dynamic to the local job market.
    Find Financial Advisor jobs in Killeen, TX


  4. Springfield, MA
    Average Salary: $126,010
    Springfield, known as the City of Homes, provides a balanced environment for financial advisors. The city's mix of industries offers diverse opportunities. Companies like MassMutual and State Street Corporation provide solid career paths.
    Find Financial Advisor jobs in Springfield, MA


  5. New Haven, CT
    Average Salary: $125,772
    New Haven is a hub for finance and education, with Yale University playing a significant role. Financial advisors here can leverage the academic resources and the city's strong financial institutions. The area is known for its stability and growth potential.
    Find Financial Advisor jobs in New Haven, CT


  6. Waco, TX
    Average Salary: $119,541
    Waco offers a friendly and growing market for financial professionals. With its strong community ties and local businesses, the city provides a supportive environment. The presence of Baylor University adds to the educational and professional opportunities.
    Find Financial Advisor jobs in Waco, TX


  7. Boulder, CO
    Average Salary: $114,250
    Boulder's financial market is influenced by its tech-savvy and environmentally conscious population. Financial advisors here enjoy a progressive environment with a focus on sustainability. The city's innovative spirit creates a unique job landscape.
    Find Financial Advisor jobs in Boulder, CO


  8. Wilmington, NC
    Average Salary: $112,077
    Wilmington offers a growing market with a mix of industries. Financial advisors here benefit from a supportive community and a variety of career opportunities. The presence of large firms and local businesses provides a diverse job market.
    Find Financial Advisor jobs in Wilmington, NC


  9. Santa Rosa, CA
    Average Salary: $111,327
    Santa Rosa provides a vibrant and growing financial market, with a strong focus on technology and innovation. Financial advisors here enjoy a dynamic environment with many opportunities for advancement. The city's wine industry adds a unique cultural aspect.
    Find Financial Advisor jobs in Santa Rosa, CA


  10. Chico, CA
    Average Salary: $110,409
    Chico offers a close-knit community with a growing financial market. Financial advisors here benefit from a supportive environment and a variety of career opportunities. The presence of California State University adds to the educational and professional opportunities.
    Find Financial Advisor jobs in Chico, CA

What are the best companies a Financial Advisor can work for?

E-business International Inc offers one of the highest salaries for financial advisors, with an average of $205,875. This company provides a competitive edge for those seeking top compensation. Next, gpac offers an average salary of $161,842, making it another attractive option for financial professionals. Medtronic also stands out with an average salary of $160,375 for financial advisors. Rethink Wealth and One Pacific Financial Strategies follow closely, with average salaries of $150,686 and $150,000, respectively. These companies provide excellent opportunities for those looking to maximize their earnings.
Graph displaying best paying company salaries for Financial Advisor jobs, highlighting E-business International Inc with the highest at $205,875 and Northwestern Mutual with the lowest at $118,098.
  1. E-business International Inc
    Average Salary: $205,875
    E-business International Inc offers top-tier salaries for Financial Advisors. They provide a dynamic work environment and operate globally. Their Financial Advisors work in various locations, including New York, London, and Tokyo.


  2. gpac
    Average Salary: $161,842
    gpac is known for offering competitive salaries to Financial Advisors. They focus on placing professionals in roles that match their skills and career goals. gpac operates in major cities across the United States, including Chicago, Los Angeles, and Houston.


  3. Medtronic
    Average Salary: $160,375
    Medtronic provides excellent compensation for Financial Advisors. They are a global leader in medical technology. Their Financial Advisors work in locations such as Minneapolis, Dublin, and Shanghai.


  4. Rethink Wealth
    Average Salary: $150,686
    Rethink Wealth offers attractive salaries for Financial Advisors. They focus on innovative financial solutions. Their Financial Advisors are located in cities like San Francisco, Austin, and Seattle.


  5. One Pacific Financial Strategies
    Average Salary: $150,000
    One Pacific Financial Strategies provides high salaries for Financial Advisors. They specialize in personalized financial planning. Their Financial Advisors work in locations such as Los Angeles, San Diego, and Orange County.


  6. Penske Automotive Group
    Average Salary: $138,556
    Penske Automotive Group offers competitive pay for Financial Advisors. They are a leading automotive retailer. Their Financial Advisors work in various locations, including Detroit, Los Angeles, and Phoenix.


  7. The Cigna Group
    Average Salary: $130,464
    The Cigna Group provides good salaries for Financial Advisors. They focus on health services. Their Financial Advisors work in major cities such as Bloomfield, Hartford, and Philadelphia.


  8. National Financial Network, LLC
    Average Salary: $119,820
    National Financial Network, LLC offers solid salaries for Financial Advisors. They provide a supportive work environment. Their Financial Advisors are located in cities like Boston, Denver, and Miami.


  9. Hub International
    Average Salary: $119,143
    Hub International offers competitive pay for Financial Advisors. They focus on insurance and risk management. Their Financial Advisors work in locations such as Chicago, San Francisco, and Toronto.


  10. Northwestern Mutual
    Average Salary: $118,098
    Northwestern Mutual provides attractive salaries for Financial Advisors. They are a leading financial services organization. Their Financial Advisors work in cities like Milwaukee, New York, and San Francisco.

How to earn more as a Financial Advisor?

Becoming a successful Financial Advisor involves more than just understanding numbers and markets. It requires a strategic approach to growing your income and client base. Financial Advisors can increase their earnings through various avenues. One key factor is to specialize in a niche area. This allows you to become an expert and attract clients seeking specific expertise. Another factor is to build a strong personal brand. This includes having a professional website, active social media presence, and engaging in public speaking or writing. Networking with other professionals can also lead to referrals and new business opportunities. Additionally, obtaining advanced certifications can enhance your credibility and open up higher-paying opportunities. Finally, offering a range of services, such as estate planning or tax advice, can increase your revenue streams.

To maximize earnings, Financial Advisors should focus on client retention and satisfaction. Happy clients are more likely to refer others and increase your income. Providing exceptional service and staying in touch with clients can build long-term relationships. Another factor is to leverage technology. Using financial software and online tools can streamline operations and improve efficiency. This allows you to manage more clients and potentially increase your income. Investing in professional development can also lead to higher earnings. Attending workshops, seminars, and courses can keep you updated on the latest trends and best practices. Finally, setting clear financial goals and tracking your progress can help you stay motivated and focused on earning more.

Currently 2,152 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

Learn what a Financial Advisor does, how to become one, and understand the job outlook. Get simple steps to start your career as a Financial Advisor today.
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Financial Advisor
2,152 Job Openings