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Financial Advisor Salary (2025)

Financial advisors help clients manage investments and plan finances.

Last updated: April 2025 ยท Source: BLS

The median Financial Advisor salary is $94,170 per year ($45/hour). Entry-level Financial Advisors earn around $55,000 while experienced Financial Advisors earn $160,000 or more annually.

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Salary variation for Financial Advisors is driven by experience, specialization, and geographic location. Specializations in wealth management or investment advising often yield higher salaries, with senior roles earning around $160,000. Regions with a high cost of living, like New York or California, typically offer salaries above the median of $94,170, reflecting local demand and competition.

AI-generated insight based on BLS data ยท For reference only

$94,170
Median Annual
$45/hr
Hourly Rate
$55,000
Entry Level
$160,000
Senior Level

Top Paying States for Financial Advisors

StateEst. Annual Salaryvs. National
Hawaii$134,000+42%
California$130,000+38%
New York$121,000+28%
Alaska$118,000+25%
Massachusetts$118,000+25%
New Jersey$113,000+20%
Connecticut$111,000+18%
Washington$108,000+15%

Estimates based on cost-of-living index adjustments. Actual salaries vary by employer and experience.

Frequently Asked Questions

What is the average Financial Advisor salary?

The median Financial Advisor salary is $94,170 per year, which works out to approximately $45/hour based on a 40-hour work week.

How much does an entry-level Financial Advisor make?

Entry-level Financial Advisors typically earn around $55,000 per year. Salaries grow significantly with experience and specialization.

What is a senior Financial Advisor's salary?

Experienced Financial Advisors can earn up to $160,000 or more annually depending on location, employer, and specialization.

What education is required to become a Financial Advisor?

Most Financial Advisor positions require: Bachelor's in Finance + CFP certification.

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