Highest Paying Cities for Personal Financial Advisor (2024)
The median Personal Financial Advisor salary is $168,350 in New York, NY, the highest-paying city for this role. After adjusting for cost of living, Raleigh, NC offers the best purchasing power at $106,683 adjusted.
Ranked by Median Salary
| Rank | City | Median | Range (10th–90th) | COL Index | COL-Adjusted | Jobs |
|---|---|---|---|---|---|---|
| 1 | New York, NY | $168,350 | $75,690 – $455,666 | 187.2 | $89,931 | 28,950 |
| 2 | San Francisco, CA | $157,510 | $76,040 – $301,099 | 179.6 | $87,700 | 8,830 |
| 3 | San Diego, CA | $128,400 | $65,400 – $259,914 | 160.2 | $80,150 | 2,810 |
| 4 | San Jose, CA | $126,480 | $74,620 – $311,630 | 195.8 | $64,597 | 1,940 |
| 5 | Los Angeles, CA | $121,940 | $63,530 – $232,018 | 166 | $73,458 | 12,240 |
| 6 | Seattle, WA | $112,020 | $63,340 – $245,098 | 149.4 | $74,980 | 4,860 |
| 7 | Washington, DC | $109,520 | $63,500 – $266,150 | 152.8 | $71,675 | 4,320 |
| 8 | Philadelphia, PA | $109,390 | $53,370 – $334,928 | 118.4 | $92,390 | 7,370 |
| 9 | Chicago, IL | $108,640 | $59,640 – $232,035 | 107.3 | $101,249 | 8,170 |
| 10 | Miami, FL | $108,310 | $45,620 – $353,927 | 123.1 | $87,985 | 7,180 |
| 11 | Raleigh, NC | $106,470 | $49,270 – $364,300 | 99.8 | $106,683 | 1,910 |
| 12 | Boston, MA | $101,320 | $64,810 – $217,148 | 152.1 | $66,614 | 6,440 |
| 13 | Portland, OR | $100,990 | $51,960 – $227,789 | 130.1 | $77,625 | 1,710 |
| 14 | Atlanta, GA | $100,470 | $45,960 – $332,103 | 99.2 | $101,280 | 5,200 |
| 15 | Detroit, MI | $99,600 | $45,100 – $282,611 | 95.1 | $104,732 | 3,180 |
| 16 | Minneapolis, MN | $99,070 | $44,670 – $244,683 | 106.2 | $93,286 | 4,860 |
| 17 | Austin, TX | $95,800 | $50,000 – $164,225 | 103 | $93,010 | 1,680 |
| 18 | Dallas, TX | $94,660 | $54,940 – $218,670 | 104.1 | $90,932 | 6,300 |
| 19 | Denver, CO | $94,630 | $64,180 – $176,590 | 112.8 | $83,892 | 4,370 |
| 20 | Phoenix, AZ | $91,490 | $46,700 – $167,130 | 100.7 | $90,854 | 5,480 |
| 21 | Nashville, TN | $88,300 | $41,460 – $255,602 | 100.3 | $88,036 | 1,650 |
| 22 | Houston, TX | $81,280 | $47,370 – $242,096 | 96.5 | $84,228 | 4,470 |
| 23 | Tampa, FL | $79,320 | $49,470 – $305,134 | 99.6 | $79,639 | 4,490 |
| 24 | Salt Lake City, UT | $78,120 | $52,570 – $191,970 | 101.4 | $77,041 | 1,850 |
Ranked by Purchasing Power (COL-Adjusted)
Cost-of-living adjusted salaries show where your Personal Financial Advisor paycheck goes furthest. A lower COL index means your dollars stretch further.
| Rank | City | COL-Adjusted | Raw Median | COL Index |
|---|---|---|---|---|
| 1 | Raleigh, NC | $106,683 | $106,470 | 99.8 |
| 2 | Detroit, MI | $104,732 | $99,600 | 95.1 |
| 3 | Atlanta, GA | $101,280 | $100,470 | 99.2 |
| 4 | Chicago, IL | $101,249 | $108,640 | 107.3 |
| 5 | Minneapolis, MN | $93,286 | $99,070 | 106.2 |
| 6 | Austin, TX | $93,010 | $95,800 | 103 |
| 7 | Philadelphia, PA | $92,390 | $109,390 | 118.4 |
| 8 | Dallas, TX | $90,932 | $94,660 | 104.1 |
| 9 | Phoenix, AZ | $90,854 | $91,490 | 100.7 |
| 10 | New York, NY | $89,931 | $168,350 | 187.2 |
| 11 | Nashville, TN | $88,036 | $88,300 | 100.3 |
| 12 | Miami, FL | $87,985 | $108,310 | 123.1 |
| 13 | San Francisco, CA | $87,700 | $157,510 | 179.6 |
| 14 | Houston, TX | $84,228 | $81,280 | 96.5 |
| 15 | Denver, CO | $83,892 | $94,630 | 112.8 |
| 16 | San Diego, CA | $80,150 | $128,400 | 160.2 |
| 17 | Tampa, FL | $79,639 | $79,320 | 99.6 |
| 18 | Portland, OR | $77,625 | $100,990 | 130.1 |
| 19 | Salt Lake City, UT | $77,041 | $78,120 | 101.4 |
| 20 | Seattle, WA | $74,980 | $112,020 | 149.4 |
| 21 | Los Angeles, CA | $73,458 | $121,940 | 166 |
| 22 | Washington, DC | $71,675 | $109,520 | 152.8 |
| 23 | Boston, MA | $66,614 | $101,320 | 152.1 |
| 24 | San Jose, CA | $64,597 | $126,480 | 195.8 |
Frequently Asked Questions
New York, NY pays the highest median Personal Financial Advisor salary at $168,350. However, after cost-of-living adjustment, Raleigh, NC offers the most purchasing power at $106,683 adjusted.
The national median Personal Financial Advisor salary is $106,753 based on BLS data. Salaries range from $78,120 to $168,350 depending on city.
Not necessarily. A city with higher nominal pay may have a higher cost of living that offsets the salary difference. Compare the "COL-Adjusted" column in both tables above — cities with lower costs of living often offer better real purchasing power.
Other Finance Rankings
Rankings based on BLS Occupational Employment and Wage Statistics, May 2024. COL adjustments use BEA Regional Price Parities.