Personal Financial Advisors

Financial Services • Business & Finance Careers

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients. Excludes "Securities, Commodities, and Financial Services Sales Agents" (41-3031).

Typical Salary (Median)
$102,140
(2024 BLS data)
Half earn more, half earn less
Average Salary (Mean)
$160,210
Mathematical average of all salaries
National Employment
270,480
Education Required
Bachelor's degree
BLS Code: 132052

Understanding Salary Statistics: The typical salary (median) shows what a middle-of-the-road Personal Financial Advisors earns, making it useful for salary negotiations. The average salary (mean) can be higher due to top earners and is often used in industry reports.

Salary Distribution

National salary ranges for Personal Financial Advisors (2024)

10th Percentile
$49,990
25th Percentile
$70,620
75th Percentile
$172,540

Top Industries

Industries with the most Personal Financial Advisors positions

1
Cross-industry, Private, Federal, State, and Local Government
270,480
$160,210 avg
2
Cross-industry, Private Ownership Only
270,000
$160,360 avg
3
Sector 52 - Finance and Insurance
252,560
$163,710 avg
4
Securities, Commodity Contracts, and Other Financial Investments and Related Activities
193,920
$176,470 avg
5
Credit Intermediation and Related Activities
49,280
$124,170 avg

Work Environment

Office

Career Overview

💼 About This Career

Personal Financial Advisors professionals work in business & finance careers, specifically in financial services. This role typically requires bachelor's degree and offers a median salary of $102,140.

📊 Job Market Outlook

The job growth outlook for Personal Financial Advisors is rated as High. Currently, there are approximately 270,480 people employed in this occupation nationwide.

Related Skills & Keywords

financial advisor wealth manager financial planner

Data Source: Salary and employment statistics are from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program , 2024 data. Historical trends show changes over time. Individual results may vary based on experience, location, and employer.