Financial Advisor in Los Angeles Salary

For Los Angeles Financial Advisors, bonuses and commissions account for a significant portion of income and add up to nearly all of their $75K annual pay. Though the majority of Financial Advisors in Los Angeles do not report high levels of job satisfaction, most are moderately content with their role. Men make up a slight majority of Financial Advisors in Los Angeles, Calif. (59 percent) who responded to the survey. Not all workers are lucky enough to have benefits; in fact, around one in five are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by the greater part. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$24,511 - $119,195
$25K
$61K
$120K
MEDIAN: $60,677
10%
50%
90%

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$0$197K
Salary $24,511 - $119,195
Bonus $2,000 - $64,000
Profit Sharing $4,500
Commission $77,500
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).
)
$40,268 - $197,283
  • Country: United States
  • Currency: USD
  • Updated: 16 Oct 2017
  • Individuals Reporting: 30

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

Pay by Experience Level for Financial Advisor

Pay by Experience for a Financial Advisor has a positive trend. An entry-level Financial Advisor with less than 5 years of experience can expect to earn an average total compensation of $63,000 based on 18 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $94,000 based on 15 salaries. An experienced Financial Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $80,000 based on 11 salaries. A Financial Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $100,000 based on 5 salaries.

Key Stats for Financial Advisor

Gender

Female
41 %
Male
59 %

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 2 votes.
Less than 1 year
7%
1-4 years
33%
5-9 years
13%
10-19 years
30%
20 years or more
17%

Experience Affects Financial Advisor Salaries

Late-Career
▲34%

Mid-Career
▲26%

Experienced
▲7%

National Average
$75,000

▼16%

Skills That Affect Financial Advisor Salaries

Portfolio Management
▲221%

Client Interaction
▲10%


Investment Planning
▼0%

National Average
$75,000

Sales
▼1%

Investment Management
▼3%

Customer Relationship Management (CRM)
▼17%

Job Satisfaction

Satisfied
Rated 3 out of 5
based on 2 votes.

Gender

Female
41 %
Male
59 %

Years of Experience

Less than 1 year
7%
1-4 years
33%
5-9 years
13%
10-19 years
30%
20 years or more
17%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 55%
vision benefits
Vision: 45%
no benefits
None: 25%