Personal Financial Advisor Salary in the United States
Based on 257K+ data points from BLS and H-1B filings
Median Annual Salary
$95,571
$45.948/hr
▲ 3.1% vs 2023Salary Range
$70K – $204K
10th – 90th percentile
Total Employed
257K
workers nationwide
Personal Financial Advisors in the United States earn a median salary of $95,571 per year, reflecting the value placed on financial expertise and client relationship management. With approximately 256,810 professionals working in this field across the country, personal financial advisor positions represent a significant segment of the financial services industry, offering competitive compensation for those with relevant credentials and experience.
Personal Financial Advisor salary in the United States varies considerably based on several factors, including geographic location, years of experience, professional certifications, and the size of the firm or client base. Advisors typically earn between $70,210 and $203,990 annually, with top earners often managing larger portfolios, working in major financial hubs, or maintaining extensive client networks that generate substantial commission-based income.
Salary Distribution — Personal Financial Advisor
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $70,210 |
| 25th percentile | $99,150 |
| Median (50th percentile) | $95,571 |
| 75th percentile | $203,990 |
| 90th percentile | $203,990 |
Personal Financial Advisor Salary by State
Top 10 Highest-Paying States for Personal Financial Advisor
| # | State | Median Salary | vs National | Employed |
|---|---|---|---|---|
| 1 | New York | $167,970 | +75.8% | 29K |
| 2 | Idaho | $136,440 | +42.8% | 930 |
| 3 | California | $128,650 | +34.6% | 34K |
| 4 | Delaware | $128,170 | +34.1% | 600 |
| 5 | New Jersey | $123,690 | +29.4% | 7K |
| 6 | South Dakota | $123,380 | +29.1% | 500 |
| 7 | Maryland | $122,510 | +28.2% | 6K |
| 8 | Wisconsin | $115,680 | +21.0% | 5K |
| 9 | Washington | $112,020 | +17.2% | 7K |
| 10 | Connecticut | $107,030 | +12.0% | 4K |
Historical Salary Trend — Personal Financial Advisor
| Year | Median Salary (United States) |
|---|---|
| 2022 | $87,555 |
| 2023 | $92,738 |
| 2024 | $95,571 |
Personal Financial Advisor Salary by Experience Level
Frequently Asked Questions
How much do personal financial advisors make per hour in the US?
- The median hourly rate for personal financial advisors in the United States is $46 per hour, which translates to an annual median salary of $95,571. However, hourly rates can vary significantly depending on experience, location, and employer type.
What city pays personal financial advisors the most?
- New York is the top paying city for personal financial advisors, with an average salary of $167,970 per year. This is substantially higher than the national median of $95,571, reflecting the higher cost of living and concentration of wealth management firms in the area.
What is the salary range for personal financial advisors?
- Personal financial advisor salaries in the United States range from $70,210 at the lower end to $203,990 at the higher end, representing a significant spread based on factors like experience, credentials, and client base size. The median salary falls at $95,571, representing the middle point of this range.
How many personal financial advisors are employed in the United States?
- There are currently 256,810 personal financial advisors employed across the United States. This represents a substantial and established profession with significant career opportunities in the financial services industry.