CareersBusiness & FinancePersonal Financial Advisors

Personal Financial Advisors

Salary, job outlook, AI risk & career information

Personal Financial Advisors in the United States earn a median salary of $105,070 per year — about $51 per hour, according to the U.S. Bureau of Labor Statistics. Roughly 326K people work in this occupation nationwide, with projected employment growth of +10%.

Median Salary
$105,070
~$51/hr · ~$8,756/mo
US Jobs
326K
Much faster than average
AI & Automation Risk
7/10
High Risk

AI & Automation Risk

High Risk 7/10

The core technical tasks of this role—analyzing market data, optimizing portfolios, and tax planning—are digital and highly susceptible to AI automation, as evidenced by the rise of robo-advisors. However, the occupation is protected by a significant interpersonal component, as clients often require human trust, emotional reassurance during market volatility, and complex ethical judgment that AI cannot yet fully replicate.

Salary by City — What You Actually Take Home

Real purchasing power = salary adjusted for cost of living. Higher = more money in your pocket.

CityLocal SalaryCost of LivingReal Purchasing Power
Muskegon-Norton Shores, MIBEST VALUE$159,990Below avg (91.7)$174,378
Springfield, IL$154,370Below avg (90.7)$170,290
Bloomington, IL$141,070Below avg (92.1)$153,139
New York-Newark-Jersey City, NY-NJ$170,050Above avg (112.6)$150,961
Santa Fe, NM$138,790Below avg (94.1)$147,548
Sheboygan, WI$133,200Below avg (90.9)$146,541
Staunton-Stuarts Draft, VA$133,900Below avg (92.9)$144,172
Altoona, PA$125,820Below avg (88.7)$141,915
Amherst Town-Northampton, MA$145,190Average (102.8)$141,215
Texarkana, TX-AR$120,420Below avg (85.6)$140,618
Great Falls, MT$131,270Below avg (93.4)$140,534
Macon-Bibb County, GA$126,390Below avg (90.2)$140,128
Davenport-Moline-Rock Island, IA-IL$124,540Below avg (89.2)$139,677
Dothan, AL$120,430Below avg (87.4)$137,855
Fond du Lac, WI$127,360Below avg (93.0)$136,980
Cost of Living Index: 100 = US national average. Below 100 = cheaper. Above 100 = more expensive.

Education & Requirements

Education Required
Bachelor's degree
10-Year Growth
+10% (Much faster than average)
Hourly Rate
~$51/hr
Monthly Income
~$8,756/mo

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Data: Bureau of Labor Statistics OOH (2024)