Financial Advisor in Los Angeles Salary

Total annual pay for Los Angeles Financial Advisors is approximately $73K, and commissions account for a significant portion of this final number — more than two-fifths on average. Medical benefits are awarded to a fair number, and a majority earn dental coverage. Most people on this career path report moderate levels of job satisfaction. Financial Advisors in Los Angeles, Calif. who took the survey are largely men, dominating at 87 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.

$40,816 - $172,607
$41K
$66K
$170K
MEDIAN: $65,547
10%
50%
90%

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Local Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$70K$140K$210K
Salary
$40,816 - $172,607  
   
Bonus
$1,021 - $73,404  
Profit Sharing
$6,000  
Commission
$32,500  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$42,933 - $203,445  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 31

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United States (change)

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About Los Angeles, California

Los Angeles County, California
3,971,896
Male:
1,958,998 (49.3%)
Female:
2,012,898 (50.7%)
Los Angeles (/lɒs ˈændʒəlᵻs/, Spanish for "The Angels"), officially the City of Los Angeles and often known by its initials L.A., is the second-most populous city in the United States after New York City, the most populous city in California, and the county seat of Los Angeles County. Situated in Southern California, Los Angeles is known for its mediterranean climate, ethnic diversity, sprawling metropolis, and as a major center of the American entertainment industry. Los Angeles lies in a large coastal basin surrounded on three sides by mountains reaching up to and over 10,000 feet (3,000 m). Historically home to the Chumash and Tongva, Los Angeles was claimed by Juan Rodríguez Cabrillo for Spain in 1542 along with the rest of what would become Alta California. The city was officially founded on September 4, 1781, by Spanish governor Felipe de Neve. It became a part of Mexico in 1821 following the Mexican...
Los Angeles:
$52,024
California:
$64,500
$1,271
Los Angeles:
$542,100
California:
$449,100
4.8%

Financial Advisor Job Listings

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Pay by Experience Level for Financial Advisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Salaries of relatively inexperienced workers fall in the neighborhood of $63K, but folks who have racked up five to 10 years see a notably higher median of $94K. Financial Advisors in Los Angeles with one to two decades of relevant experience report an average salary of approximately $80K. Professionals with deep experience (more than 20 years) report prosperous salaries in six-figure territory; the median for this crowd is approximately $100K.

Key Stats for Financial Advisor

Gender

Female
13 %
Male
87 %
Less than 1 year
9%
1-4 years
44%
5-9 years
9%
10-19 years
24%
20 years or more
15%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Advisor Salaries

Late-Career
▲37%

Mid-Career
▲29%

Experienced
▲10%

National Average
$73,000

▼14%

Skills That Affect Financial Advisor Salaries

Portfolio Management
▲228%

Client Interaction
▲12%


Investment Planning
▲2%

Sales
▲1%

National Average
$73,000

Investment Management
▼1%

Customer Relationship Management (CRM)
▼15%

Gender

Female
13 %
Male
87 %

Years of Experience

Less than 1 year
9%
1-4 years
44%
5-9 years
9%
10-19 years
24%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 63%
vision benefits
Vision: 56%
dental benefits
None: 19%
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