What is the average hourly wage for Personal Financial Advisors?

The median hourly wage for Personal Financial Advisors is $47.88 per hour. This translates to approximately $99,580 per year working full-time.

What states pay Personal Financial Advisors the most?

Salaries for Personal Financial Advisors vary significantly by location. Use the state-by-state table above to see which states offer the highest median wages for this occupation.

What education is needed to become a personal financial advisor?

Typical education required: Bachelor's degree.

Personal Financial Advisors Salary

Name: Personal Financial Advisors Salary Data
Creator: U.S. Bureau of Labor Statistics
License: https://www.bls.gov/bls/linksite.htm

Official U.S. Bureau of Labor Statistics Data - May 2024

Median Annual Salary

$99,580

$47.88 / hour

▲ 7% (Faster than average)

Salary Range

$52,777 - $171,278

10th to 90th percentile

Total Employed

272,680

workers nationally

🏛️ Data Source: U.S. Bureau of Labor Statistics OEWS, May 2024 | Updated: Annual | Methodology

Personal Financial Advisors Salary by Percentile

$52,777 $171,278

10th pct Median: $99,580 90th pct

Percentile	Annual Salary	Hourly Rate
10th (Entry Level)	$52,777	$25.37
25th Percentile	$71,698	$34.47
50th (Median)	$99,580	$47.88
75th Percentile	$137,420	$66.07
90th (Top Earners)	$171,278	$82.35
Source: U.S. Bureau of Labor Statistics OEWS, May 2024

Top Paying States for Personal Financial Advisors

#	State	Median Annual	Median Hourly
1	District of Columbia (DC)	$131,446	$63.20
2	California (CA)	$124,475	$59.84
3	Massachusetts (MA)	$121,488	$58.41
4	New York (NY)	$121,488	$58.41
5	New Jersey (NJ)	$119,496	$57.45
6	Connecticut (CT)	$117,504	$56.49
7	Maryland (MD)	$117,504	$56.49
8	Hawaii (HI)	$114,517	$55.06
9	Alaska (AK)	$111,530	$53.62
10	Washington (WA)	$111,530	$53.62
Source: BLS OEWS May 2024

About Personal Financial Advisors

Personal Financial Advisors work in their specialized field applying expertise and skills to deliver value in their organization. This occupation is part of the business finance sector of the U.S. economy.

Education Requirements

Typical Entry-Level Education: Bachelor's degree

Job Outlook for Personal Financial Advisors

Projected Growth

+7%

2022-2032

▲ 7% (Faster than average)

Annual Job Openings

980,200

projected annually

Outlook data based on BLS Employment Projections program. Growth rate is projected change in employment 2022-2032.

Frequently Asked Questions

How much do Personal Financial Advisors make?

The median annual salary for Personal Financial Advisors is $99,580 (BLS OEWS May 2024). Entry-level workers earn around $52,777, while the top 10% earn $171,278 or more.

What is the hourly wage for Personal Financial Advisors?

Personal Financial Advisors earn a median hourly wage of $47.88 per hour. Working full-time (40 hrs/week, 52 weeks), this equals approximately $99,580 annually.

Is Personal Financial Advisors a good-paying career?

With a median salary of $99,580, Personal Financial Advisors earns above the U.S. median household income. Job outlook: Faster than average (7% growth, 2022-2032).

What education do Personal Financial Advisors need?

Typical entry-level education: Bachelor's degree. Requirements vary by employer and specialization - check with specific employers and BLS OOH for detailed requirements.