Wealth Manager Salary (2025)
Wealth managers provide comprehensive financial planning to affluent clients.
The median Wealth Manager salary is $94,000 per year ($45/hour). Entry-level Wealth Managers earn around $62,000 while experienced Wealth Managers earn $160,000 or more annually.
Wealth Manager salaries vary based on experience, specialization, and location. High-demand specializations, such as estate planning and investment management, can command salaries exceeding $160,000. Geographic regions like New York and San Francisco typically offer higher compensation due to the cost of living and concentration of high-net-worth clients, significantly influencing salary potential.
AI-generated insight based on BLS data · For reference only
Salary Range
Median: $94,000 — positioned between entry and senior
Top Paying States for Wealth Managers
| State | Est. Annual Salary | vs. National |
|---|---|---|
| Hawaii | $133,000 | +41% |
| California | $130,000 | +38% |
| New York | $120,000 | +28% |
| Alaska | $118,000 | +26% |
| Massachusetts | $118,000 | +26% |
| 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.
How to Become a Wealth Manager
Most Wealth Manager positions require: Bachelor's in Finance + CFP certification. Salaries typically increase significantly with experience and specialization.
Wealth Manager Salary by State
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Frequently Asked Questions
What is the average Wealth Manager salary?
The median Wealth Manager salary is $94,000 per year, which works out to approximately $45/hour based on a 40-hour work week.
How much does an entry-level Wealth Manager make?
Entry-level Wealth Managers typically earn around $62,000 per year. Salaries grow significantly with experience and specialization.
What is a senior Wealth Manager's salary?
Experienced Wealth Managers can earn up to $160,000 or more annually depending on location, employer, and specialization.
What education is required to become a Wealth Manager?
Most Wealth Manager positions require: Bachelor's in Finance + CFP certification.