The average salary for a financial advisor in the United States is around $48,961 per year.
Avg Salary
Financial advisors earn an average yearly salary of $48,961.
Wages typically start from $23,959 and go up to $100,052.
14% below national average Updated in 2023
Financial advisor earnings by seniority
Top-level financial advisor earnings begin at:
$48.10 per hour
$100,052 per year
Senior-level financial advisor earnings begin at:
$34.29 per hour
$71,318 per year
Mid-level financial advisor earnings begin at:
$23.54 per hour
$48,961 per year
Junior-level financial advisor earnings begin at:
$16.16 per hour
$33,612 per year
Starting level financial advisor earnings begin at:
$11.52 per hour
$23,959 per year
Approximate values based on highest and lowest earning segments.
Financial advisor salary by state
| State Name | Average Salary |
|---|---|
| Wisconsin | $99,540 |
| Rhode Island | $99,390 |
| Kentucky | $99,110 |
| Illinois | $98,210 |
| Alabama | $97,080 |
| Maryland | $95,840 |
| Vermont | $94,480 |
| North Carolina | $85,800 |
| New Mexico | $82,440 |
| Arkansas | $81,700 |
| Ohio | $81,570 |
| New Jersey | $81,410 |
| Oregon | $81,410 |
| New Hampshire | $80,950 |
| Louisiana | $80,540 |
| Georgia | $80,400 |
| Kansas | $80,400 |
| Colorado | $80,110 |
| Minnesota | $79,840 |
| Missouri | $79,650 |
| Nebraska | $79,650 |
| Texas | $79,400 |
| Wyoming | $78,950 |
| Iowa | $78,430 |
| Alaska | $77,970 |
| Indiana | $77,880 |
| Michigan | $77,750 |
| Florida | $77,570 |
| Idaho | $77,500 |
| Nevada | $77,300 |
| Oklahoma | $77,300 |
| South Carolina | $76,390 |
| Virgin Islands, U.S. | $76,130 |
| Tennessee | $75,530 |
| Arizona | $64,100 |
| Utah | $63,240 |
| West Virginia | $62,610 |
| North Dakota | $62,380 |
| Hawaii | $61,690 |
| Mississippi | $48,550 |
| Puerto Rico | $36,820 |
| New York | $131,520 |
| District of Columbia | $127,930 |
| South Dakota | $125,100 |
| Maine | $124,410 |
| Massachusetts | $121,960 |
| Washington | $117,350 |
| Delaware | $106,510 |
| Connecticut | $103,360 |
| Montana | $103,010 |
| Virginia | $100,680 |
| Pennsylvania | $100,410 |
| California | $100,260 |
How do financial advisor salaries compare to similar careers?
Financial advisors earn about the same as related careers in the United States. On average, they make less than insurance appraisers but more than stock traders.
| Career | Median Salary |
|---|---|
| Insurance appraiser salary | $61K |
| Underwriter salary | $57K |
| Fraud analyst salary | $54K |
| Accountant salary | $56K |
| Auditor salary | $54K |
| Financial advisor salary | $49K |
| Revenue agent salary | $52K |
| Market research analyst salary | $48K |
| Tax preparer salary | $43K |
| Stock trader salary | $38K |
Source: CareerExplorer (Aggregated)