Personal Financial Advisor Salary in Alabama
Based on 3K+ workers in Alabama
Median Annual Salary (AL)
$77,990
$37.50/hr
vs National Average
$99,081
-21.3% vs national median
Salary Range (10th–90th)
$42K – $342K
3K employed in Alabama
Personal Financial Advisor salary in Alabama averages $79,600 per year, according to current employment data. This figure represents compensation for approximately 2,320 financial advisors working throughout the state. However, Alabama's median salary falls roughly 17% below the national average, reflecting regional economic differences and cost of living variations compared to other states.
Several factors influence Personal Financial Advisor salary in Alabama, including years of experience, professional certifications, and the specific employer type. Advisors working for larger firms or in major metropolitan areas typically earn more than those in smaller markets. Client base size, asset management volume, and commission-based compensation structures also significantly impact overall earnings potential in this field.
Salary Distribution — Personal Financial Advisor in Alabama
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $42,150 |
| 25th percentile | $47,250 |
| Median (50th percentile) | $77,990 |
| 75th percentile | $136,050 |
| 90th percentile | $342,030 |
Top-Paying Industries for Personal Financial Advisor (U.S.)
Which industries pay Personal Financial Advisors the most — nationwide figures (industry-level data is not available by state). Personal Financial Advisors in Alabama tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Administrative and Support Services | $137,810 | — |
| Finance and Insurance | $106,810 | 248K |
| Professional, Scientific, and Technical Services | $99,320 | 9K |
| Management of Companies and Enterprises | $95,570 | 5K |
| Government (excl. schools, hospitals & USPS) | $76,940 | 310 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Personal Financial Advisor in Alabama vs National
| Year | Median Salary (Alabama) |
|---|---|
| 2022 | $76,640 |
| 2024 | $79,600 |
| 2025 | $77,990 |
| 2026 (projected) | $77,990 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Alabama Median | National Median |
|---|---|---|
| 2022 | $76,640 | $87,555 |
| 2024 | $79,600 | $95,571 |
| 2025 | $77,990 | $99,081 |
| 2026 (projected) | $77,990 | $99,081 |
Personal Financial Advisor Salary by Experience Level in Alabama
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $47,250 |
| Mid-level | 3-5 yrs | $77,990 |
| Senior | 6-9 yrs | $136,050 |
| Staff / Lead | 10+ yrs | $342,030 |
Personal Financial Advisor Salary in Other States
Related Personal Financial Advisor Salaries in Alabama
How other high-demand occupations in Alabama compare to Personal Financial Advisor ($77,990 median).
| Occupation | Median Salary | vs Personal Financial Advisor | Hourly |
|---|---|---|---|
| Financial Manager in AL | $140,500 | +80.2% | $67.55/hr |
| Actuary in AL | $136,950 | +75.6% | $65.84/hr |
| Economist in AL | $129,960 | +66.6% | $62.48/hr |
| Budget Analyst in AL | $99,490 | +27.6% | $47.83/hr |
| Financial Analyst in AL | $91,290 | +17.1% | $43.89/hr |
| Tax Examiner in AL | $87,110 | +11.7% | $41.88/hr |
| Credit Analyst in AL | $79,970 | +2.5% | $38.45/hr |
| Accountant in AL | $74,880 | -4.0% | $36.00/hr |
| Compliance Officer in AL | $72,990 | -6.4% | $35.09/hr |
| Loan Officer in AL | $66,710 | -14.5% | $32.07/hr |
| Insurance Sales Agent in AL | $65,510 | -16.0% | $31.50/hr |
| Securities Sales Agent in AL | $49,230 | -36.9% | $23.67/hr |
Frequently Asked Questions
How much do personal financial advisors make in Alabama?
- Personal financial advisors in Alabama earn a median salary of $79,600 per year, or $38 per hour. This is 16.7% below the national average for this profession.
What is the salary range for financial advisors in Alabama?
- The salary range for personal financial advisors in Alabama starts at $35,710 annually at the lower end. However, the upper salary range is not publicly available in current data.
How many personal financial advisors work in Alabama?
- There are currently 2,320 personal financial advisors employed in Alabama, representing the total workforce for this position in the state.
Is the financial advisor salary in Alabama lower than the national average?
- Yes, Alabama's median salary for personal financial advisors at $79,600 is 16.7% lower than the national average, making it a below-average state for compensation in this field.