National Salary Info » Highest Paying States for Personal Financial Advisors

Highest Paying States for Personal Financial Advisors

The highest paying states for personal financial advisors (ranked by average annual salary) are listed in Table 1. The entry level salary (as measured by the salary of the lowest 10% paid earners) and the number of employment of personal financial advisors in those states are also shown in the table. As shown in the table, with an annual salary of $132,240, New York is the highest paying state for personal financial advisors. It is followed by Maine (average annual salary $114,300). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2017 [1]. For more salary information of personal financial advisors in a specific state, use the links in the table.

Table 1. Highest Paying States for Personal Financial Advisors

Rank State Average Salary i Entry Level
Salary i
# of
Empl. i
1 New York
$132,240
$46,610 27,790
2 Maine
$114,300
$26,090 410
3 District of Columbia
$113,600
$53,610 500
4 Delaware
$107,650
$55,410 570
5 Connecticut
$103,080
$51,440 4,300
6 California
$102,640
$46,610 24,580
7 Nevada
$102,020
$34,830 710
8 New Jersey
$101,830
$52,800 6,800
9 New Hampshire
$100,570
$50,490 700
10 Florida
$99,460
$44,900 11,270
11 New Mexico
$95,140
$39,840 510
12 Georgia
$91,610
$36,950 5,390
13 Minnesota
$88,560
$46,850 3,810
14 Pennsylvania
$88,220
$45,100 8,350
15 Virginia
$87,280
$43,070 4,560
16 Montana
$87,030
$30,780 370
17 Texas
$86,960
$40,750 12,660
18 Colorado
$86,290
$45,900 3,950
19 Alabama
$86,160
$37,150 2,060
20 Ohio
$85,220
$38,290 5,670
21 North Carolina
$82,090
$45,120 5,500
22 Illinois
$81,830
$41,190 12,890
23 Alaska
$81,740
$44,100 130
24 Washington
$80,010
$43,580 3,890
25 Oregon
$79,930
$26,010 1,870
26 Indiana
$78,820
$37,260 3,900
27 Maryland
$78,820
$40,000 5,110
28 Kansas
$78,110
$37,360 1,870
29 Louisiana
$76,950
$38,090 1,250
30 Arizona
$76,890
$36,580 3,890
31 Mississippi
$76,030
$26,110 770
32 Wisconsin
$75,000
$37,480 4,370
33 Arkansas
$73,340
$32,590 910
34 Nebraska
$73,130
$37,060 1,080
35 Wyoming
$72,620
$40,680 200
36 South Dakota
$72,020
$42,240 350
37 Tennessee
$70,780
$29,870 2,330
38 Michigan
$70,370
$31,400 4,580
39 Massachusetts
$69,490
$34,060 6,520
40 Hawaii
$69,430
$27,680 460
41 Idaho
$68,830
$34,830 680
42 Utah
$68,100
$35,430 1,920
43 Kentucky
$66,440
$34,440 1,540
44 South Carolina
$64,530
$33,520 1,680
45 Iowa
$63,540
$38,230 1,710
46 Oklahoma
$61,810
$28,620 1,170
47 Vermont
$55,020
$38,330 350
48 West Virginia
$50,970
$30,340 460
49 Puerto Rico
$36,620
$16,640 220

Note: some states are missing from this table because the median salary information of personal financial advisors in those states is not available at this time.

See also: Highest paying industries for personal financial advisors, Top Paying Jobs in America.