Personal Financial Advisor Salary in Rhode Island
Based on 1K+ workers in Rhode Island
Median Annual Salary (RI)
$80,200
$38.56/hr
vs National Average
$99,081
-19.1% vs national median
Salary Range (10th–90th)
$47K – $164K
1K employed in Rhode Island
Exploring the Personal Financial Advisor salary in Rhode Island reveals a median annual income of $80,200. This figure falls within a broad salary range, from $46,670 to $164,230, indicating significant earning potential. Notably, Rhode Island's median salary for this role is 19% below the national average, with approximately 1,130 individuals currently employed in this profession across the state.
Several factors likely influence the Personal Financial Advisor salary in Rhode Island. Experience level is a primary driver, with seasoned professionals commanding higher compensation. Additionally, the specific type of firm, client base, and geographic location within Rhode Island can all impact earnings. The demand for financial planning services and the advisor's specialization also play a significant role in determining salary.
Salary Distribution — Personal Financial Advisor in Rhode Island
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $46,670 |
| 25th percentile | $62,690 |
| Median (50th percentile) | $80,200 |
| 75th percentile | $133,440 |
| 90th percentile | $164,230 |
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 Rhode Island 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 Rhode Island vs National
| Year | Median Salary (Rhode Island) |
|---|---|
| 2022 | $101,080 |
| 2023 | $100,530 |
| 2024 | $100,880 |
| 2025 | $80,200 |
| 2026 (projected) | $80,200 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | Rhode Island Median | National Median |
|---|---|---|
| 2022 | $101,080 | $87,555 |
| 2023 | $100,530 | $92,738 |
| 2024 | $100,880 | $95,571 |
| 2025 | $80,200 | $99,081 |
| 2026 (projected) | $80,200 | $99,081 |
Personal Financial Advisor Salary by Experience Level in Rhode Island
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $62,690 |
| Mid-level | 3-5 yrs | $80,200 |
| Senior | 6-9 yrs | $133,440 |
| Staff / Lead | 10+ yrs | $164,230 |
Personal Financial Advisor Salary in Other States
Related Personal Financial Advisor Salaries in Rhode Island
How other high-demand occupations in Rhode Island compare to Personal Financial Advisor ($80,200 median).
| Occupation | Median Salary | vs Personal Financial Advisor | Hourly |
|---|---|---|---|
| Financial Manager in RI | $166,940 | +108.2% | $80.26/hr |
| Actuary in RI | $111,090 | +38.5% | $53.41/hr |
| Financial Analyst in RI | $100,550 | +25.4% | $48.34/hr |
| Accountant in RI | $95,820 | +19.5% | $46.07/hr |
| Financial Examiner in RI | $94,130 | +17.4% | $45.25/hr |
| Budget Analyst in RI | $92,790 | +15.7% | $44.61/hr |
| Compliance Officer in RI | $87,620 | +9.3% | $42.13/hr |
| Credit Analyst in RI | $85,920 | +7.1% | $41.31/hr |
| Insurance Sales Agent in RI | $79,930 | -0.3% | $38.43/hr |
| Tax Examiner in RI | $78,990 | -1.5% | $37.98/hr |
| Loan Officer in RI | $77,250 | -3.7% | $37.14/hr |
| Property and Real Estate Manager in RI | $80,260 | +0.1% | $38.59/hr |
Frequently Asked Questions
What is the average salary for a Personal Financial Advisor in Rhode Island?
- The median salary for a Personal Financial Advisor in Rhode Island is $80,200 per year, which translates to approximately $39 per hour. This is 19.1% lower than the national average salary for this profession.
How much can a Personal Financial Advisor in Rhode Island expect to earn?
- The salary range for Personal Financial Advisors in Rhode Island is quite broad, falling between $46,670 and $164,230 annually. The median income sits at $80,200 per year for those in this field.
Is the salary for Personal Financial Advisors in Rhode Island higher or lower than the national average?
- Personal Financial Advisors in Rhode Island earn 19.1% less than the national average. The median salary in Rhode Island is $80,200 annually, compared to the national median.
How many Personal Financial Advisors are employed in Rhode Island?
- There are approximately 1,130 Personal Financial Advisors currently employed in Rhode Island. The median annual salary for these professionals in the state is $80,200.