How much does a Financial Advisor make?
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
What are the highest paying cities for a Financial Advisor?

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

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



