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 $143,510, New York is the highest paying state for personal financial advisors. It is followed by District of Columbia (average annual salary $118,600). The salary and employment information is computed from data published by U.S. Bureau of Labor Statistics (BLS) in April 2018 [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
$143,510
$52,100 28,000
2 District of Columbia
$118,600
$45,490 520
3 Delaware
$104,910
$54,150 460
4 California
$103,490
$48,330 24,790
5 New Jersey
$99,490
$52,860 6,090
6 Connecticut
$98,740
$53,020 4,790
7 Florida
$97,740
$43,070 12,600
8 Virginia
$91,590
$40,470 4,820
9 Maine
$89,580
$42,880 370
10 Colorado
$89,110
$51,600 3,800
11 Pennsylvania
$88,890
$44,750 8,230
12 North Carolina
$87,960
$44,600 6,640
13 Georgia
$87,550
$38,680 4,900
14 Minnesota
$87,450
$41,930 3,570
15 Indiana
$86,470
$38,090 3,560
16 Texas
$86,130
$36,150 11,530
17 Nevada
$85,940
$35,620 730
18 Rhode Island
$84,250
$24,860 690
19 Illinois
$83,730
$39,750 10,650
20 New Mexico
$83,130
$42,410 450
21 Utah
$83,040
$39,010 1,280
22 Alabama
$82,700
$38,010 1,950
23 Ohio
$81,380
$36,510 5,860
24 Montana
$79,810
$29,330 360
25 Wisconsin
$78,980
$38,210 4,950
26 Maryland
$77,530
$39,870 4,600
27 Arizona
$77,430
$39,060 3,850
28 Michigan
$76,300
$33,350 4,460
29 Louisiana
$75,600
$37,060 1,350
30 Oregon
$74,330
$25,960 2,020
31 Kansas
$74,210
$38,470 1,650
32 New Hampshire
$73,720
$44,040 1,060
33 Mississippi
$73,480
$28,010 750
34 Washington
$72,730
$42,470 3,550
35 South Dakota
$71,600
$42,310 380
36 Wyoming
$70,850
$43,050 210
37 Idaho
$68,900
$32,050 560
38 Nebraska
$68,500
$37,540 1,290
39 Hawaii
$67,170
$29,430 570
40 Massachusetts
$66,720
$37,460 7,350
41 Tennessee
$66,590
$31,160 2,410
42 Guam
$66,270
$42,990 70
43 Missouri
$66,200
$37,550 4,980
44 Kentucky
$65,300
$35,610 1,540
45 North Dakota
$65,280
$32,310 550
46 Iowa
$65,000
$37,960 1,700
47 Arkansas
$64,600
$31,410 870
48 Alaska
$61,590
$39,070 110
49 Oklahoma
$58,510
$21,000 1,100
50 South Carolina
$58,500
$32,140 1,620
51 Vermont
$57,430
$38,920 360
52 West Virginia
$55,010
$31,230 450
53 Puerto Rico
$33,410
$16,760 180
See also: Highest paying industries for personal financial advisors, Top Paying Jobs in America.