Personal Financial Advisors Salary in the United States
The median annual wage for personal financial advisors is $105,070, or $50.51 per hour. About 266,800 people work in this occupation nationwide. Wages vary substantially by state — from $166,400 in New York to $63,300 in Mississippi.
Wage distribution nationwide
Earnings spread across all U.S. workers in this occupation.
Salary by state
All 49 states with published data, ranked by median annual wage.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New York | $166,400 | $80.00 | 21,550 | 1.30 |
| 2 | New Jersey | $158,570 | $76.24 | 9,300 | 1.27 |
| 3 | California | $130,330 | $62.66 | 32,200 | 1.03 |
| 4 | Connecticut | $129,720 | $62.36 | — | — |
| 5 | South Dakota | $128,720 | $61.89 | 620 | 0.79 |
| 6 | Massachusetts | $125,670 | $60.42 | — | — |
| 7 | Delaware | $125,050 | $60.12 | — | — |
| 8 | Oregon | $122,830 | $59.05 | 3,070 | 0.91 |
| 9 | Illinois | $120,130 | $57.75 | 9,760 | 0.93 |
| 10 | Wisconsin | $119,430 | $57.42 | 5,200 | 1.03 |
| 11 | Washington | $114,050 | $54.83 | 5,790 | 0.95 |
| 12 | Vermont | $110,020 | $52.89 | 520 | 1.01 |
| 13 | Pennsylvania | $105,200 | $50.58 | 12,200 | 1.17 |
| 14 | District of Columbia | $104,990 | $50.48 | 480 | 0.40 |
| 15 | Minnesota | $102,660 | $49.36 | 5,280 | 1.04 |
| 16 | Virginia | $102,640 | $49.35 | 6,340 | 0.90 |
| 17 | Kansas | $102,530 | $49.29 | 4,150 | 1.68 |
| 18 | Georgia | $101,450 | $48.78 | 6,830 | 0.81 |
| 19 | Florida | $100,970 | $48.54 | 21,490 | 1.26 |
| 20 | Missouri | $99,930 | $48.04 | 4,480 | 0.89 |
| 21 | Maryland | $99,880 | $48.02 | 5,260 | 1.11 |
| 22 | Texas | $99,160 | $47.67 | 18,200 | 0.75 |
| 23 | Montana | $97,450 | $46.85 | — | — |
| 24 | Arizona | $96,950 | $46.61 | 6,430 | 1.16 |
| 25 | North Carolina | $96,880 | $46.58 | 12,340 | 1.46 |
| 26 | New Hampshire | $96,780 | $46.53 | 1,850 | 1.57 |
| 27 | South Carolina | $96,330 | $46.31 | 2,400 | 0.61 |
| 28 | Idaho | $94,370 | $45.37 | 760 | 0.51 |
| 29 | New Mexico | $94,270 | $45.32 | 610 | 0.41 |
| 30 | Nebraska | $93,280 | $44.85 | 2,210 | 1.26 |
| 31 | Nevada | $92,720 | $44.58 | 1,730 | 0.65 |
| 32 | Iowa | $92,310 | $44.38 | 1,920 | 0.72 |
| 33 | Ohio | $90,990 | $43.75 | 7,680 | 0.81 |
| 34 | Colorado | $89,280 | $42.92 | 6,730 | 1.36 |
| 35 | Indiana | $87,710 | $42.17 | 5,400 | 0.98 |
| 36 | Tennessee | $84,160 | $40.46 | 3,970 | 0.71 |
| 37 | Rhode Island | $80,200 | $38.56 | 1,130 | 1.31 |
| 38 | West Virginia | $80,010 | $38.47 | 670 | 0.56 |
| 39 | Arkansas | $79,420 | $38.18 | 1,320 | 0.59 |
| 40 | Alaska | $78,690 | $37.83 | — | — |
| 41 | Alabama | $77,990 | $37.50 | 2,540 | 0.70 |
| 42 | Michigan | $77,930 | $37.47 | 6,570 | 0.87 |
| 43 | Wyoming | $77,490 | $37.26 | 310 | 0.65 |
| 44 | Utah | $77,390 | $37.21 | 2,520 | 0.85 |
| 45 | North Dakota | $76,870 | $36.96 | 540 | 0.73 |
| 46 | Hawaii | $76,070 | $36.57 | 550 | 0.51 |
| 47 | Oklahoma | $68,670 | $33.02 | 1,140 | 0.39 |
| 48 | Kentucky | $67,150 | $32.29 | 2,040 | 0.60 |
| 49 | Mississippi | $63,300 | $30.43 | 790 | 0.40 |
Related occupations
Same job family, ranked by national employment.
Frequently asked questions
How much do personal financial advisors make?
The median annual wage for personal financial advisors in the United States is $105,070, or $50.51 per hour. Entry-level workers (10th percentile) earn $50,190, and the top 10% earn $357,020.
How many personal financial advisors are employed in the U.S.?
About 266,800 people work as personal financial advisors nationwide.
Which state pays personal financial advisors the most?
New York pays the most at a median of $166,400, followed by New Jersey ($158,570) and California ($130,330).
Which state pays personal financial advisors the least?
Mississippi has the lowest median at $63,300.
Where are personal financial advisors jobs most concentrated?
The location quotient measures employment concentration relative to the national average. The highest is Kansas at 1.68×.