How much does a Wealth Management Advisor make?
A Wealth Management Advisor helps people plan and manage their finances. This job can be very rewarding. The average yearly salary for a Wealth Management Advisor is around $102,540. This means that many people in this field earn a good living.
The salary for a Wealth Management Advisor can vary. Some people earn less, while others earn more. Here is a look at the different salary ranges:
- 5% of Wealth Management Advisors earn less than $47,520.
- 10% earn less than $61,575.
- 15% earn less than $75,630.
- 25% earn less than $89,685.
- 50% earn less than $103,740.
- 75% earn less than $131,850.
- 90% earn less than $159,961.
- 95% earn less than $174,016.
What are the highest paying cities for a Wealth Management Advisor?

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Jacksonville, FL
Average Salary: $158,580
In Jacksonville, financial advisors thrive in a growing economy. With companies like Fidelity and Raymond James, professionals find ample opportunities. The city's diverse market attracts those seeking stability and growth.
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Chattanooga, TN
Average Salary: $151,202
Chattanooga offers a blend of urban and suburban living. Wealth managers here enjoy a strong community feel. Firms like Morgan Stanley and Edward Jones provide solid platforms for career advancement.
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Wichita, KS
Average Salary: $148,000
Wichita presents a unique mix of business and leisure. Financial advisors benefit from a supportive business environment. Companies like Wells Fargo and UBS create a competitive yet collaborative atmosphere.
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Minneapolis, MN
Average Salary: $146,846
Minneapolis is known for its vibrant financial sector. Wealth managers here work with top firms like U.S. Bank and Ameriprise Financial. The city's strong economy offers many growth opportunities.
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Omaha, NE
Average Salary: $146,479
Omaha's financial industry is robust and growing. Advisors find a welcoming environment with companies like Berkshire Hathaway and Wells Fargo. The city's business-friendly policies support career development.
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Washington, DC
Average Salary: $142,410
Washington, DC, is a hub for financial expertise. Wealth managers here work with major firms like Goldman Sachs and BlackRock. The city's political and economic influence provides a dynamic work environment.
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Charlotte, NC
Average Salary: $142,325
Charlotte is a key player in the financial world. Wealth managers benefit from the presence of companies like Bank of America and Wells Fargo. The city offers a mix of professional opportunities and a high quality of life.
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Dallas, TX
Average Salary: $141,068
Dallas offers a thriving financial landscape. Wealth managers here work with firms like JPMorgan Chase and Fidelity. The city's diverse economy and business-friendly policies create a fertile ground for growth.
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Boston, MA
Average Salary: $140,905
Boston is a historic center for finance. Wealth managers find opportunities with firms like State Street and Fidelity. The city's rich culture and strong educational institutions enhance professional development.
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Austin, TX
Average Salary: $140,051
Austin combines a vibrant culture with a strong financial sector. Wealth managers work with companies like Capital One and Fidelity. The city's growing economy and innovative spirit attract top talent.
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What are the best companies a Wealth Management Advisor can work for?

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Goodwin Recruiting
Average Salary: $257,222
Goodwin Recruiting offers top-tier Wealth Management Advisor positions. They work with clients across the United States, providing opportunities in major financial hubs. Their advisors focus on personalized client service and investment strategies.
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Northern Trust Corp.
Average Salary: $192,895
Northern Trust Corp. provides Wealth Management Advisor roles with competitive salaries. They operate in multiple locations, including Chicago, New York, and Los Angeles. Their advisors manage high-net-worth clients' portfolios and offer tailored financial advice.
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M&T Bank
Average Salary: $186,895
M&T Bank offers rewarding Wealth Management Advisor positions. They serve clients in the Northeast and Mid-Atlantic regions. Their advisors work closely with clients to develop comprehensive financial plans and investment strategies.
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Truist
Average Salary: $160,148
Truist provides Wealth Management Advisor jobs with a strong focus on client relationships. They operate in the Southeast and Mid-Atlantic regions. Their advisors help clients with wealth management, retirement planning, and investment services.
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Fifth Third Bank
Average Salary: $142,846
Fifth Third Bank offers Wealth Management Advisor positions with a focus on community banking. They serve clients in the Midwest and Southeast. Their advisors provide personalized financial advice and investment management services.
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Charles Schwab
Average Salary: $140,232
Charles Schwab offers Wealth Management Advisor roles with a strong emphasis on client service. They operate nationwide. Their advisors help clients with investment management, retirement planning, and wealth management.
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Huntington Bank
Average Salary: $130,967
Huntington Bank provides Wealth Management Advisor positions with a focus on personalized service. They serve clients in the Midwest and Northeast. Their advisors offer comprehensive financial planning and investment management.
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REDW
Average Salary: $127,946
REDW offers Wealth Management Advisor roles with a focus on strategic financial planning. They operate in multiple locations across the United States. Their advisors work with high-net-worth clients to develop tailored investment strategies.
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Regions Financial
Average Salary: $124,075
Regions Financial provides Wealth Management Advisor positions with a focus on community banking. They serve clients in the Southeast and Midwest. Their advisors offer personalized financial advice and investment management services.
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Midland States Bank
Average Salary: $121,433
Midland States Bank offers Wealth Management Advisor roles with a focus on personalized service. They operate in the Midwest. Their advisors help clients with investment management, retirement planning, and wealth management.
How to earn more as a Wealth Management Advisor?
Becoming a successful Wealth Management Advisor involves more than just managing finances. It requires a blend of skills, dedication, and strategic thinking. Advisors who excel in this field often find ways to increase their earnings. Here are some key factors that can help boost income in this profession.
First, gaining specialized certifications can open new opportunities. Certifications such as Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) can enhance credibility. These credentials show a commitment to professional excellence. They can also lead to higher-paying positions. Second, building a strong client base is crucial. Advisors who focus on client relationships can attract more business. Referrals from satisfied clients can lead to new opportunities. Third, leveraging technology can improve efficiency. Using advanced software for portfolio management can save time. This allows advisors to take on more clients or offer more services.
Fourth, expanding service offerings can attract higher-paying clients. Offering services like tax planning, estate planning, or retirement planning can increase income. Clients often pay a premium for comprehensive services. Fifth, continuous learning and networking can lead to new opportunities. Attending industry conferences and joining professional groups can provide valuable insights. Networking can also lead to partnerships and referrals. These factors can help Wealth Management Advisors earn more and build a successful career.
- Gain specialized certifications
- Build a strong client base
- Leverage technology for efficiency
- Expand service offerings
- Continuous learning and networking



