Position
Salary

How much does a Financial Advisor make?

The average salary for a Financial Advisor is $88,852 per year in the US.

Financial advisors help people manage their money. They earn a good salary for their work. The average yearly salary for a financial advisor is $88,852. This means that most financial advisors make close to this amount each year. Some make more, and some make less.


The salary of a financial advisor can vary based on experience and location. Those just starting out may earn less. As they gain experience, their salary can increase. Advisors in big cities often earn more than those in smaller towns. Here are some average salaries for different experience levels:

  • Entry-level: $37,000
  • Mid-level: $77,364
  • Senior-level: $144,636

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What are the highest paying cities for a Financial Advisor?

Financial advisors can find top-paying jobs in several cities. College Station, TX, leads with an average salary of $147,195. New Haven, CT, and Seattle, WA, follow closely, offering salaries around $140,000 and $131,000, respectively. These cities provide excellent opportunities for those seeking higher earnings in the financial sector.
Graph displaying highest paying cities salaries for Financial Advisor jobs, highlighting College Station, TX with the highest at $147,195 and Stockton, CA with the lowest at $107,179.
  1. College Station, TX
    Average Salary: $147,195
    In College Station, financial professionals thrive in a community that values education and innovation. With institutions like Texas A&M University, there are many opportunities to connect with clients in academia and research.
    Find Financial Advisor jobs in College Station, TX


  2. New Haven, CT
    Average Salary: $140,215
    New Haven offers a unique blend of history and modern finance. Working here means collaborating with clients in a city rich in culture and academic institutions, including Yale University.
    Find Financial Advisor jobs in New Haven, CT


  3. Seattle, WA
    Average Salary: $131,476
    Seattle's dynamic economy provides a vibrant environment for financial experts. Companies like Amazon and Microsoft offer diverse opportunities to manage wealth and investments.
    Find Financial Advisor jobs in Seattle, WA


  4. Springfield, MA
    Average Salary: $127,520
    Springfield is a hub for financial services with a strong community focus. Professionals here benefit from a mix of corporate and local client relationships.
    Find Financial Advisor jobs in Springfield, MA


  5. Killeen, TX
    Average Salary: $124,959
    In Killeen, financial advisors work in a growing area with a strong military presence. This unique demographic offers opportunities to serve a diverse client base.
    Find Financial Advisor jobs in Killeen, TX


  6. Wilmington, NC
    Average Salary: $119,959
    Wilmington's coastal location brings a mix of industry and maritime commerce. Financial advisors here support a variety of clients, from local businesses to maritime professionals.
    Find Financial Advisor jobs in Wilmington, NC


  7. Boulder, CO
    Average Salary: $112,215
    Boulder's outdoor lifestyle and tech industry create a vibrant market for financial services. Professionals here enjoy working with clients who value both nature and innovation.
    Find Financial Advisor jobs in Boulder, CO


  8. Santa Rosa, CA
    Average Salary: $110,046
    Santa Rosa offers a blend of agriculture and technology. Financial advisors here support clients in the wine industry and tech startups, providing diverse financial solutions.
    Find Financial Advisor jobs in Santa Rosa, CA


  9. Chico, CA
    Average Salary: $109,784
    Chico's academic setting provides a steady stream of clients from California State University. Financial advisors here enjoy a community focused on education and growth.
    Find Financial Advisor jobs in Chico, CA


  10. Stockton, CA
    Average Salary: $107,179
    Stockton's agricultural roots and growing tech sector create a unique market for financial services. Professionals here work with a mix of farming families and tech entrepreneurs.
    Find Financial Advisor jobs in Stockton, CA

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

Financial advisors can find rewarding opportunities with top-paying companies. Medtronic offers an average salary of $165,031, making it a leading choice. Other notable companies include Penske Automotive Group and One Pacific Financial Strategies, both with competitive salaries. These companies provide excellent benefits and growth opportunities. Northwestern Mutual, Accenture, and American Heritage Financial, LLC also offer strong compensation packages. Deloitte, Thrivent, M&T Bank, and Magellan Financial round out the list of top employers.
Graph displaying best paying company salaries for Financial Advisor jobs, highlighting Medtronic with the highest at $165,031 and Magellan Financial with the lowest at $111,503.
  1. Medtronic
    Average Salary: $165,031
    Medtronic offers rewarding Financial Advisor positions. They operate globally, with major offices in the U.S., Europe, and Asia. Medtronic provides a dynamic environment for financial professionals.


  2. Penske Automotive Group
    Average Salary: $155,000
    Penske Automotive Group is a top choice for Financial Advisors. They have locations across the U.S. and Canada. Working here means you'll be part of a leading automotive group.


  3. One Pacific Financial Strategies
    Average Salary: $150,000
    One Pacific Financial Strategies offers high-paying roles for Financial Advisors. They serve clients in the U.S. and Asia. This company values expertise and dedication.


  4. Northwestern Mutual
    Average Salary: $131,040
    Northwestern Mutual is known for its strong financial services. They have offices nationwide. Financial Advisors here enjoy a supportive and innovative work environment.


  5. Accenture
    Average Salary: $127,550
    Accenture provides excellent opportunities for Financial Advisors. They operate globally, with offices in major cities worldwide. Accenture values strategic financial planning.


  6. American Heritage Financial, LLC
    Average Salary: $115,000
    American Heritage Financial, LLC offers competitive salaries for Financial Advisors. They serve clients in the U.S. and have a strong reputation for financial stability.


  7. Deloitte
    Average Salary: $113,218
    Deloitte is a leading firm in financial services. They have offices worldwide. Financial Advisors here benefit from a collaborative and forward-thinking culture.


  8. Thrivent
    Average Salary: $113,104
    Thrivent offers rewarding Financial Advisor positions. They operate in the U.S. and have a strong focus on client-centric services. Working here means you'll be part of a trusted financial institution.


  9. M&T Bank
    Average Salary: $112,913
    M&T Bank provides excellent opportunities for Financial Advisors. They have branches across the U.S. Financial Advisors here enjoy a stable and supportive work environment.


  10. Magellan Financial
    Average Salary: $111,503
    Magellan Financial offers competitive salaries for Financial Advisors. They serve clients in the U.S. and have a strong focus on personalized financial planning.

How to earn more as a Financial Advisor?

Becoming a successful Financial Advisor involves more than just understanding numbers. It requires a strategic approach to grow your income and client base. One key factor is building a strong reputation. This means consistently providing excellent service and advice to clients. When clients trust you, they are more likely to refer you to others and stay loyal to your services.

Another important factor is expanding your skill set. Financial markets and regulations are always changing. Staying updated with the latest trends and obtaining relevant certifications can set you apart from the competition. This not only enhances your knowledge but also increases your value to clients. Additionally, specializing in a niche area, such as retirement planning or estate planning, can attract more clients and command higher fees.

Networking plays a crucial role in earning more as a Financial Advisor. Attending industry events, joining professional organizations, and connecting with other professionals can lead to new opportunities. Building a strong network can introduce you to potential clients and partners. Collaborating with other professionals, such as lawyers or accountants, can also expand your service offerings and income streams.

Technology can also boost your earnings. Using advanced software for financial planning and client management can improve efficiency and accuracy. This allows you to serve more clients and manage your practice better. Investing in marketing tools, such as a professional website and social media, can also attract more clients and increase your visibility.

Lastly, setting clear and achievable financial goals can drive your success. Having a plan for your own financial growth can motivate you to work harder and smarter. Regularly reviewing and adjusting your goals can help you stay focused and on track.

Here are five factors to consider for increasing your earnings as a Financial Advisor:

  1. Build a strong reputation by providing excellent service.
  2. Expand your skill set with relevant certifications and specializations.
  3. Network with other professionals to find new opportunities.
  4. Use technology to improve efficiency and attract more clients.
  5. Set clear financial goals to stay motivated and focused.

Currently 2,083 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
2,083 Job Openings