Financial Advisor Salary Overview
The Financial Advisor is a sought-after profession in the United States with a median annual salary of $99,580. Compensation typically ranges from $44,600 for entry-level positions to $224,200 for experienced professionals in high-demand markets.Salary Range: The typical Financial Advisor in the US earns between $44,600 and $224,200 per year, with a median of $99,580.
Financial Advisor Salary by Experience
Entry-level financial advisors earn around $64,727, while those with 10+ years of experience can earn $134,433 or more.
| Level | Salary | Hourly | Take-Home |
|---|---|---|---|
| Entry | $66,719 | $32/hr | $52,887 |
| Mid | $99,580 | $48/hr | $73,042 |
| Senior | $136,425 | $66/hr | $95,174 |
| Lead | $139,412 | $67/hr | $96,938 |
Financial Advisor Salary by State (After Tax)
Gross salary, federal tax, state tax, and estimated take-home pay for a Financial Advisor in each US state.
Pay for financial advisors varies significantly by state, with coastal and high-cost-of-living areas generally offering higher salaries to offset expenses.
| State | Gross | Federal | State Tax | FICA | Take-Home | Rate |
|---|---|---|---|---|---|---|
| Alabama | $99,580 | $13,522 | $4,814 | $7,618 | $73,627 | 26.1% |
| Alaska | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| Arizona | $99,580 | $13,522 | $2,124 | $7,618 | $76,316 | 23.4% |
| Arkansas | $99,580 | $13,522 | $4,155 | $7,618 | $74,285 | 25.4% |
| California | $99,580 | $13,522 | $5,399 | $7,618 | $73,042 | 26.6% |
| Colorado | $99,580 | $13,522 | $3,722 | $7,618 | $74,719 | 25.0% |
| Connecticut | $99,580 | $13,522 | $4,727 | $7,618 | $73,714 | 26.0% |
| Delaware | $99,580 | $13,522 | $5,341 | $7,618 | $73,099 | 26.6% |
| District of Columbia | $99,580 | $13,522 | $5,623 | $7,618 | $72,817 | 26.9% |
| Florida | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| Georgia | $99,580 | $13,522 | $4,808 | $7,618 | $73,632 | 26.1% |
| Hawaii | $99,580 | $13,522 | $7,287 | $7,618 | $71,153 | 28.5% |
| Idaho | $99,580 | $13,522 | $4,929 | $7,618 | $73,512 | 26.2% |
| Illinois | $99,580 | $13,522 | $4,792 | $7,618 | $73,649 | 26.0% |
| Indiana | $99,580 | $13,522 | $3,037 | $7,618 | $75,403 | 24.3% |
| Iowa | $99,580 | $13,522 | $3,784 | $7,618 | $74,656 | 25.0% |
| Kansas | $99,580 | $13,522 | $5,019 | $7,618 | $73,421 | 26.3% |
| Kentucky | $99,580 | $13,522 | $3,857 | $7,618 | $74,584 | 25.1% |
| Louisiana | $99,580 | $13,522 | $3,651 | $7,618 | $74,790 | 24.9% |
| Maine | $99,580 | $13,522 | $5,582 | $7,618 | $72,858 | 26.8% |
| Maryland | $99,580 | $13,522 | $4,556 | $7,618 | $73,884 | 25.8% |
| Massachusetts | $99,580 | $13,522 | $4,759 | $7,618 | $73,682 | 26.0% |
| Michigan | $99,580 | $13,522 | $3,994 | $7,618 | $74,446 | 25.2% |
| Minnesota | $99,580 | $13,522 | $5,321 | $7,618 | $73,120 | 26.6% |
| Mississippi | $99,580 | $13,522 | $4,102 | $7,618 | $74,338 | 25.3% |
| Missouri | $99,580 | $13,522 | $3,909 | $7,618 | $74,532 | 25.2% |
| Montana | $99,580 | $13,522 | $4,768 | $7,618 | $73,673 | 26.0% |
| Nebraska | $99,580 | $13,522 | $4,295 | $7,618 | $74,146 | 25.5% |
| Nevada | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| New Hampshire | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| New Jersey | $99,580 | $13,522 | $4,217 | $7,618 | $74,224 | 25.5% |
| New Mexico | $99,580 | $13,522 | $3,885 | $7,618 | $74,556 | 25.1% |
| New York | $99,580 | $13,522 | $5,188 | $7,618 | $73,253 | 26.4% |
| North Carolina | $99,580 | $13,522 | $3,907 | $7,618 | $74,533 | 25.2% |
| North Dakota | $99,580 | $13,522 | $1,657 | $7,618 | $76,783 | 22.9% |
| Ohio | $99,580 | $13,522 | $2,018 | $7,618 | $76,422 | 23.3% |
| Oklahoma | $99,580 | $13,522 | $4,240 | $7,618 | $74,201 | 25.5% |
| Oregon | $99,580 | $13,522 | $8,188 | $7,618 | $70,252 | 29.5% |
| Pennsylvania | $99,580 | $13,522 | $3,057 | $7,618 | $75,383 | 24.3% |
| Rhode Island | $99,580 | $13,522 | $3,494 | $7,618 | $74,946 | 24.7% |
| South Carolina | $99,580 | $13,522 | $4,746 | $7,618 | $73,695 | 26.0% |
| South Dakota | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| Tennessee | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| Texas | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| Utah | $99,580 | $13,522 | $4,630 | $7,618 | $73,810 | 25.9% |
| Vermont | $99,580 | $13,522 | $4,631 | $7,618 | $73,809 | 25.9% |
| Virginia | $99,580 | $13,522 | $5,210 | $7,618 | $73,231 | 26.5% |
| Washington | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
| West Virginia | $99,580 | $13,522 | $4,210 | $7,618 | $74,231 | 25.5% |
| Wisconsin | $99,580 | $13,522 | $4,190 | $7,618 | $74,251 | 25.4% |
| Wyoming | $99,580 | $13,522 | $0 | $7,618 | $78,441 | 21.2% |
Top Cities for Financial Advisor Pay
The highest-paying metro areas for financial advisors tend to be major metropolitan centers with strong industry demand and higher costs of living.
| City | Avg Salary |
|---|---|
| New York, NY | $109,538 |
| Hartford, CT | $109,538 |
| San Francisco, CA | $109,538 |
| Boston, MA | $109,538 |
| Washington, DC | $109,538 |
Calculate Financial Advisor Take-Home Pay
Adjust the state and filing status to see your estimated after-tax income.
Estimated Take-Home Pay
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Tax Breakdown
Federal Income Tax
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Tax Distribution
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Pay Frequency Breakdown
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How to Become a Financial Advisor
Becoming a financial advisor typically requires relevant education, training, or certification in the field. Many employers also value practical experience, professional development, and industry-specific credentials.Financial Advisor Career Outlook
Employment of financial advisors is projected to grow steadily over the next decade, driven by continued demand across industries. Professionals who stay current with evolving requirements and build specialized expertise will find the strongest job prospects.Financial Advisor Salary FAQ
The median annual salary for financial advisors in the US is $99,580, with a typical range from $44,600 to $224,200 depending on experience and location.
The highest-paying states for financial advisors include CT, NY, NJ. These states typically have strong demand and higher costs of living.
Entry-level financial advisors can expect to earn around $64,727 per year, with salary increasing as they gain experience and expertise.
Being a financial advisor can be a rewarding career with solid compensation and growth potential. Job outlook is generally positive across most regions.
The median hourly rate for financial advisors is approximately $47.88, though this varies based on experience, location, and employer.