Personal Financial Advisor Salary in Mississippi
Based on 790+ workers in Mississippi
Median Annual Salary (MS)
$63,300
$30.433/hr
vs National Average
$99,081
-36.1% vs national median
Salary Range (10th–90th)
$44K – $313K
790 employed in Mississippi
Personal Financial Advisors in Mississippi earn a median salary of $63,300 per year, according to current labor data. With approximately 790 workers employed in this role across the state, the profession represents a steady career option for those interested in financial planning. However, this median falls significantly below the national average, reflecting regional economic differences.
The Personal Financial Advisor salary in Mississippi is influenced by several key factors, including years of experience, professional certifications, and the size of the employer's client base. Advisors working in larger financial institutions or managing substantial assets typically earn toward the higher end of the range, which extends to $312,580, while entry-level positions start around $43,880. Local market conditions and competition among financial firms also play important roles in determining compensation levels.
Salary Distribution — Personal Financial Advisor in Mississippi
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $43,880 |
| 25th percentile | $53,070 |
| Median (50th percentile) | $63,300 |
| 75th percentile | $133,920 |
| 90th percentile | $312,580 |
Historical Salary Trend — Personal Financial Advisor in Mississippi vs National
| Year | Median Salary (United States) |
|---|---|
| 2022 | $63,230 |
| 2024 | $65,150 |
| 2025 | $63,300 |
| Year | Mississippi Median | National Median |
|---|---|---|
| 2022 | $63,230 | $87,555 |
| 2024 | $65,150 | $95,571 |
| 2025 | $63,300 | $99,081 |
Personal Financial Advisor Salary by Experience Level in Mississippi
Personal Financial Advisor Salary in Other States
Frequently Asked Questions
How much do personal financial advisors make in Mississippi?
- The median salary for personal financial advisors in Mississippi is $63,300 per year, or $30 per hour. This is approximately 36.1% below the national average, making it a relatively lower-paying state for this profession.
What is the salary range for financial advisors in Mississippi?
- Personal financial advisors in Mississippi earn between $43,880 and $312,580 annually, depending on experience, client base, and performance. The wide range reflects differences in individual advisor success and business development.
Is the Mississippi financial advisor salary lower than the national average?
- Yes, Mississippi's median salary for personal financial advisors at $63,300 annually is 36.1% below the national average. This significant difference means advisors in Mississippi earn considerably less than their counterparts in other states.
How many personal financial advisors work in Mississippi?
- There are approximately 790 personal financial advisors currently employed in Mississippi. This represents the total workforce size for this profession in the state.