How much does a financial advisor make? Financial Advisor salary and hourly pay
A financial advisor in the US earns a median of $105,070 a year, about $50.51 an hour. The lowest-paid 10% earn under $50,190 and the top 10% earn over $357,020. Pay depends heavily on the state: the top-paying state, New York, has a median of $166,400.
Financial Advisor pay calculator
Gross pay before taxes. If you enter your own hourly rate, it replaces the BLS figure. Otherwise hourly rate = BLS annual figure ÷ 2,080 hours (40 hours × 52 weeks), the same convention BLS uses.
How much does a financial advisor make an hour?
The median financial advisor earns $50.51 an hour. Hourly pay ranges from about $24.13 for the lowest-paid 10% to $171.65 for the highest-paid 10%.
| Pay level | Per year | Per hour |
|---|---|---|
| Entry level (bottom 10%) | $50,190 | $24.13 |
| Lower 25% | $72,440 | $34.83 |
| Median (typical) | $105,070 | $50.51 |
| Upper 25% | $176,790 | $84.99 |
| Top 10% | $357,020 | $171.65 |
Financial Advisor salary by state
Median annual pay for financial advisors in every state, from BLS May 2025 data.
| State | Median per year | ≈ Per hour |
|---|---|---|
| Alabama | $77,990 | $37.50 |
| Alaska | $78,690 | $37.83 |
| Arizona | $96,950 | $46.61 |
| Arkansas | $79,420 | $38.18 |
| California | $130,330 | $62.66 |
| Colorado | $89,280 | $42.92 |
| Connecticut | $129,720 | $62.37 |
| Delaware | $125,050 | $60.12 |
| District of Columbia | $104,990 | $50.48 |
| Florida | $100,970 | $48.54 |
| Georgia | $101,450 | $48.77 |
| Hawaii | $76,070 | $36.57 |
| Idaho | $94,370 | $45.37 |
| Illinois | $120,130 | $57.75 |
| Indiana | $87,710 | $42.17 |
| Iowa | $92,310 | $44.38 |
| Kansas | $102,530 | $49.29 |
| Kentucky | $67,150 | $32.28 |
| Louisiana | Not published | – |
| Maine | Not published | – |
| Maryland | $99,880 | $48.02 |
| Massachusetts | $125,670 | $60.42 |
| Michigan | $77,930 | $37.47 |
| Minnesota | $102,660 | $49.36 |
| Mississippi | $63,300 | $30.43 |
| Missouri | $99,930 | $48.04 |
| Montana | $97,450 | $46.85 |
| Nebraska | $93,280 | $44.85 |
| Nevada | $92,720 | $44.58 |
| New Hampshire | $96,780 | $46.53 |
| New Jersey | $158,570 | $76.24 |
| New Mexico | $94,270 | $45.32 |
| New York | $166,400 | $80.00 |
| North Carolina | $96,880 | $46.58 |
| North Dakota | $76,870 | $36.96 |
| Ohio | $90,990 | $43.75 |
| Oklahoma | $68,670 | $33.01 |
| Oregon | $122,830 | $59.05 |
| Pennsylvania | $105,200 | $50.58 |
| Rhode Island | $80,200 | $38.56 |
| South Carolina | $96,330 | $46.31 |
| South Dakota | $128,720 | $61.88 |
| Tennessee | $84,160 | $40.46 |
| Texas | $99,160 | $47.67 |
| Utah | $77,390 | $37.21 |
| Vermont | $110,020 | $52.89 |
| Virginia | $102,640 | $49.35 |
| Washington | $114,050 | $54.83 |
| West Virginia | $80,010 | $38.47 |
| Wisconsin | $119,430 | $57.42 |
| Wyoming | $77,490 | $37.25 |
Highest-paying states for financial advisors
- New York: $166,400 median
- New Jersey: $158,570 median
- California: $130,330 median
- Connecticut: $129,720 median
- South Dakota: $128,720 median
The lowest medians are in Mississippi ($63,300), Kentucky ($67,150), Oklahoma ($68,670), Hawaii ($76,070), North Dakota ($76,870). The most financial advisor jobs are in California (32,200 jobs), New York (21,550 jobs), Florida (21,490 jobs), Texas (18,200 jobs), North Carolina (12,340 jobs).
How much does a financial advisor make a month?
At the median salary of $105,070, a financial advisor earns about $8,756 a month, $4,041 every two weeks or $2,021 a week, before taxes.
Entry-level vs. experienced financial advisor pay
New financial advisors typically start near the bottom of the range: the lowest-paid 10% earn under $50,190 a year and the lowest 25% under $72,440. The top 25% earn over $176,790 and the top 10% over $357,020. BLS does not break pay down by years of experience; these percentiles are the closest official measure.
Financial Advisor salary vs. similar jobs
| Job | Median per year |
|---|---|
| Financial advisor | $105,070 |
| Software engineer | $135,980 |
| Cyber security analyst | $129,180 |
| Accountant | $83,680 |
| Lawyer | $159,670 |
| Construction manager | $114,990 |
Common questions
How much does a financial advisor make?
The US median is $105,070 a year ($50.51 an hour), based on BLS May 2025 data.
How much does a financial advisor make an hour?
The median is about $50.51 an hour. The bottom 10% earn about $24.13 and the top 10% about $171.65 an hour.
Which state pays financial advisors the most?
New York has the highest median at $166,400, followed by New Jersey ($158,570) and California ($130,330).
How much does a financial advisor make a month?
At the US median of $105,070 a year, about $8,756 a month or $4,041 every two weeks, before taxes.
How much does an entry-level financial advisor make?
The lowest-paid 10% earn under $50,190 a year and the lowest 25% under $72,440, the closest official measure of starting pay.
How much do the top 10% of financial advisors make?
The top 10% earn over $357,020 a year; the top 25% earn over $176,790.
How much does a financial advisor make in California, Texas, Florida and New York?
Median annual pay is $130,330 in California, $99,160 in Texas, $100,970 in Florida, $166,400 in New York, per BLS May 2025 data.
Last reviewed October 31, 2026. All figures are from the BLS Occupational Employment and Wage Statistics, May 2025 survey (occupation code 13-2052, “Personal Financial Advisors”), the most recent official release; “median” means half earn more and half earn less. Figures are gross pay before taxes and benefits. Note: BLS counts only employees, not self-employed financial advisors or business owners, whose income can be quite different. See the BLS OEWS tables and the BLS Occupational Outlook Handbook. This page is general information, not career or financial advice.