Sort by any column. Employment is the number of personal financial advisors OEWS estimates in that state; blank cells are estimates BLS suppressed because the sample was too small.
Financial Advisor Salary by State (2026)
Personal Financial Advisors earn the most in New York at $166,400 a year and the least in Mississippi at $63,300 (BLS OEWS, May 2025). The national median is $105,070. All 49 states and territories with reported data are ranked below, with a cost-of-living adjusted column.
- Highest median
- $166,400
- National median
- $105,070
- Lowest median
- $63,300
- States reporting
- 49
New York
BLS OEWS, May 2025
Mississippi
of 54 OEWS areas
Top 5 states for Personal Financial Advisors
- 1. New York$166,400 median · $154,187 adjusted · 21,550 employed
- 2. New Jersey$158,570 median · $145,738 adjusted · 9,300 employed
- 3. California$130,330 median · $117,711 adjusted · 32,200 employed
- 4. Connecticut$129,720 median · $125,200 adjusted · N/A employed
- 5. South Dakota$128,720 median · $145,305 adjusted · 620 employed
Lowest-paying states for Personal Financial Advisors
- 49. Mississippi$63,300 median · $72,798 adjusted · 790 employed
- 48. Kentucky$67,150 median · $74,480 adjusted · 2,040 employed
- 47. Oklahoma$68,670 median · $78,174 adjusted · 1,140 employed
- 46. Hawaii$76,070 median · $69,185 adjusted · 550 employed
- 45. North Dakota$76,870 median · $86,411 adjusted · 540 employed
Financial Advisor salary in every state
| # | ||||||
|---|---|---|---|---|---|---|
| 1 | New York | $166,400 | $102,080 | $282,050 | 21,550 | $154,187 |
| 2 | New Jersey | $158,570 | $102,930 | $269,310 | 9,300 | $145,738 |
| 3 | California | $130,330 | $83,860 | $195,420 | 32,200 | $117,711 |
| 4 | Connecticut | $129,720 | $81,990 | $165,850 | N/A | $125,200 |
| 5 | South Dakota | $128,720 | $101,200 | $204,320 | 620 | $145,305 |
| 6 | Massachusetts | $125,670 | $83,810 | $174,720 | N/A | $118,829 |
| 7 | Delaware | $125,050 | $74,100 | $161,680 | N/A | $125,291 |
| 8 | Oregon | $122,830 | $75,310 | $161,810 | 3,070 | $118,836 |
| 9 | Illinois | $120,130 | $73,010 | $175,680 | 9,760 | $120,180 |
| 10 | Wisconsin | $119,430 | $77,730 | $205,600 | 5,200 | $126,925 |
| 11 | Washington | $114,050 | $77,710 | $174,970 | 5,790 | $106,576 |
| 12 | Vermont | $110,020 | $79,560 | $177,820 | 520 | $112,313 |
| 13 | Pennsylvania | $105,200 | $75,930 | $173,590 | 12,200 | $107,818 |
| 14 | District of Columbia | $104,990 | $58,790 | $189,990 | 480 | $95,531 |
| 15 | Minnesota | $102,660 | $68,470 | $166,680 | 5,280 | $104,095 |
| 16 | Virginia | $102,640 | $73,490 | $199,990 | 6,340 | $101,519 |
| 17 | Kansas | $102,530 | $76,590 | $176,090 | 4,150 | $113,836 |
| 18 | Georgia | $101,450 | $65,270 | $194,990 | 6,830 | $105,356 |
| 19 | Florida | $100,970 | $65,120 | $206,290 | 21,490 | $97,637 |
| 20 | Missouri | $99,930 | $64,750 | $167,500 | 4,480 | $110,034 |
| 21 | Maryland | $99,880 | $63,090 | $174,930 | 5,260 | $95,161 |
| 22 | Texas | $99,160 | $64,710 | $163,340 | 18,200 | $102,167 |
| 23 | Montana | $97,450 | $76,230 | $131,270 | N/A | $102,964 |
| 24 | Arizona | $96,950 | $59,610 | $148,090 | 6,430 | $96,298 |
| 25 | North Carolina | $96,880 | $63,190 | $153,970 | 12,340 | $102,708 |
| 26 | New Hampshire | $96,780 | $64,580 | $133,500 | 1,850 | $92,910 |
| 27 | South Carolina | $96,330 | $60,780 | $176,200 | 2,400 | $102,753 |
| 28 | Idaho | $94,370 | $63,080 | $192,810 | 760 | $98,823 |
| 29 | New Mexico | $94,270 | $73,320 | $183,380 | 610 | $102,232 |
| 30 | Nebraska | $93,280 | $61,200 | $138,130 | 2,210 | $103,526 |
| 31 | Nevada | $92,720 | $72,990 | $179,140 | 1,730 | $92,739 |
| 32 | Iowa | $92,310 | $70,190 | $148,290 | 1,920 | $105,182 |
| 33 | Ohio | $90,990 | $63,670 | $158,070 | 7,680 | $98,077 |
| 34 | Colorado | $89,280 | $63,880 | $132,450 | 6,730 | $86,636 |
| 35 | Indiana | $87,710 | $50,200 | $164,000 | 5,400 | $93,979 |
| 36 | Tennessee | $84,160 | $58,880 | $167,410 | 3,970 | $91,608 |
| 37 | Rhode Island | $80,200 | $62,690 | $133,440 | 1,130 | $78,412 |
| 38 | West Virginia | $80,010 | $53,500 | $131,910 | 670 | $89,400 |
| 39 | Arkansas | $79,420 | $49,750 | $155,730 | 1,320 | $91,354 |
| 40 | Alaska | $78,690 | $62,290 | $152,440 | N/A | $76,876 |
| 41 | Alabama | $77,990 | $47,250 | $136,050 | 2,540 | $87,804 |
| 42 | Michigan | $77,930 | $49,570 | $138,640 | 6,570 | $80,994 |
| 43 | Wyoming | $77,490 | $58,090 | $138,110 | 310 | $83,600 |
| 44 | Utah | $77,390 | $61,040 | $117,360 | 2,520 | $78,279 |
| 45 | North Dakota | $76,870 | $63,660 | $102,890 | 540 | $86,411 |
| 46 | Hawaii | $76,070 | $52,390 | $125,500 | 550 | $69,185 |
| 47 | Oklahoma | $68,670 | $55,110 | $102,120 | 1,140 | $78,174 |
| 48 | Kentucky | $67,150 | $45,220 | $114,350 | 2,040 | $74,480 |
| 49 | Mississippi | $63,300 | $53,070 | $133,920 | 790 | $72,798 |
How the cost-of-living adjustment works
The adjusted column divides each state median by that state's BEA Regional Price Parity (RPP) and multiplies by 100. RPPs measure how much a fixed basket of goods, services and rents costs in one state relative to the national average, so the result restates local pay in national-average dollars.
For Personal Financial Advisors, that changes the ranking: New York leads on raw pay at $166,400, while New York leads once prices are taken into account at $154,187.
Source: BEA Regional Price Parities by State, 2024 (public domain). The adjustment is NueCareer's calculation, not a BLS or BEA published statistic.
Financial Advisor pay by state: FAQ
Which state pays Personal Financial Advisors the most?
New York reports the highest median wage for Personal Financial Advisors at $166,400 a year (BLS OEWS, May 2025), followed by New Jersey ($158,570) and California ($130,330).
Which state pays Personal Financial Advisors the least?
Mississippi reports the lowest median for Personal Financial Advisors at $63,300 a year, $103,100 below the highest-paying state (BLS OEWS, May 2025).
Where do Personal Financial Advisors earn the most after cost of living?
Dividing each state median by that state's BEA Regional Price Parity puts New York first at $154,187 in national-average dollars, from a raw median of $166,400. BEA Regional Price Parities, 2024.
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