Salary for Personal Financial Advisor Jobs

Highest Salaries By City for Personal Financial Advisor Jobs

Top Cities by Popularity for Personal Financial Advisor Jobs

Highest Salaries By City Top Cities by Popularity

Highest Salaries By City 1. Chicago, Illinois 2. Boston, Massachusetts 3. Houston, Texas 4. Charlotte, North Carolina 5. New York, New York 6. San Francisco, California 7. Pittsburgh, Pennsylvania 8. Minneapolis, Minnesota 9. Cleveland, Ohio 10. Miami, Florida 11. Dallas, Texas 12. Atlanta, Georgia 13. Philadelphia, Pennsylvania 14. San Diego, California 15. Tampa, Florida 16. Indianapolis, Indiana Top Cities by Popularity 1. New York, New York 2. Atlanta, Georgia 3. Boston, Massachusetts 4. Dallas, Texas 5. San Diego, California 6. Houston, Texas 7. Philadelphia, Pennsylvania

What is the Average Salary of a Financial Advisor?

Financial planning is always a good idea, but with the entire nation feeling the effects of a struggling economy, Americans need to be especially savvy about planning for their futures. With the bewildering array of investment options available, however, most of us don't even know where to start. A financial advisor helps people get the most out of the assets they already have and gives advice on short-term and long-term financial goals. In addition to the immense satisfaction of helping clients achieve their full monetary potential, a financial advisor has the skills to put his or her own money to work as well. This brings us to the question of financial advisor salaries. What is a financial advisor's salary like? PayScale's salary data has the answer.

Financial Advisor Salary by Location

As in other professions, financial advisor salaries will vary in different regions. A common question from aspiring financial advisors is, "What is the average salary of a financial advisor in New York or other large cities?" Comparing Financial Advisor Salaries by State to the Average Salary of a Financial Advisor by City, you can see that California and New York both offer high salaries, but a financial advisor's salary in each of these states is generally higher in big cities like Los Angeles and New York City than in the states as a whole. Clearly, large urban areas are the best bet when it comes to the average salary of a financial advisor. Of course, a financial advisor's salary will also be affected by the cost of living in different areas. Use the PayScale Cost of Living Calculator to research both Cost of Living and the Average Salary of a Financial Advisor in cities like New York.

Education and Financial Advisor Salaries

Another factor that influences financial advisor salaries is education. When it comes to financial matters, people want to make sure they are dealing with someone who knows what he or she is talking about, and one way to show that is to obtain an advanced degree. Take a look at the Financial Advisor Salary by Degree chart to see how the average salary of a financial advisor with an MBA compares to the average salary of a financial advisor with a bachelor's degree. Of course, some say experience is the best teacher, and comparing the Entry-Level Salary for a Financial Adviser to the salary for more experienced professionals shows that salaries can increase dramatically during an advisor's career.

Financial Advisor Salary Story

In his time as a financial advisor and wealth manager, Russell Bailyn has seen a lot. Take your research on financial advisor salaries to the next level by learning from his experience in "Career as a Financial Advisor," an interview in the Salary Stories blog.