Financial Advisor Salary 2026
Personal financial advisors help clients manage their finances, plan for retirement, and invest wisely. Commission-based advisors can earn significantly more than the median.
TL;DR
A Financial Advisor earns a national median of $99,580 per year (BLS OEWS, 2024 release). The 10th–90th percentile range is roughly $60,110–$239,200. A single-filer takes home about $73,960/year ($6,163/month) after federal tax, FICA, and an ~4.5% average state tax. BLS projects 17.0% employment growth through 2034. Take-home varies by state — see the state breakdown below for exact figures.
Salary Range (2025)
Take-Home Pay at Median Salary
Single filer, standard deduction, 2025 rates, ~4.5% avg state income tax
* This is an estimate. Your actual take-home depends on your state, filing status, pre-tax contributions (401k, HSA), and other factors.
How to Maximize Your Take-Home Pay as a Financial Advisor
- ✓CFP certification fees
- ✓Series 7/65/66 license fees
- ✓Client entertainment (meals, events)
- ✓Professional development
- ✓E&O insurance
- ✓Maximize pre-tax retirement contributions — each $1 in your 401(k) reduces your taxable income by $1
- ✓Consider a Health Savings Account (HSA) if you have a high-deductible health plan — triple tax advantage
Career Information
Calculators for Financial Advisors
Financial Advisor Salary by State
Click any state to see the full take-home pay breakdown using that state's actual tax rates.
★ No state income tax
Financial Advisor Salary by City — 2026
Estimated salaries adjusted by each city's cost of living index. Click a city for the full breakdown.
Related Finance Professions
Frequently Asked Questions
How much does a Financial Advisor make per year?
The national median salary for a Financial Advisor is $99,580 per year, based on Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS). The 10th–90th percentile range spans roughly $60,110–$239,200. Entry-level pay clusters near the 10th percentile while experienced professionals in high-cost metros reach the 90th and above.
What is the take-home pay for a Financial Advisor?
On a $99,580 gross salary, a single-filer Financial Advisor typically takes home approximately $73,960 per year ($6,163/month) after federal income tax ($13,521), FICA ($7,618), and an average state income tax of ~4.5% ($4,481). State-specific take-home varies — Texas, Florida, Nevada, Washington, Tennessee, Wyoming, South Dakota, Alaska, and New Hampshire pay no state income tax.
Which states pay Financial Advisors the most?
Geographic pay differentials exist in every profession. Coastal metros (New York, San Francisco, Seattle, Boston, Washington DC) typically offer the highest nominal salaries, though cost of living offsets some of that advantage. No-income-tax states like Texas, Florida, Nevada, and Tennessee effectively raise take-home pay on the same gross. Click any state below for the full BLS state-level wage percentiles.
How accurate is this Financial Advisor salary data?
Wage figures come from Bureau of Labor Statistics (BLS) OEWS, which surveys over 1.1 million establishments annually. National percentiles update every May. Tax calculations use 2025 IRS federal brackets, the standard deduction, and 2025 Social Security wage base ($176,100). Results reflect a single-filer baseline; actual pay varies by employer, experience level, sector, and city-level cost of living.
What education does a Financial Advisor need?
Typical entry requirement: Bachelor's degree. Specific employers may require licensure, certifications, or experience tiers beyond the BLS-published baseline. Job-specific deductions commonly available to Financial Advisors include CFP certification fees; Series 7/65/66 license fees; Client entertainment (meals, events).
What is the job outlook for Financial Advisors?
BLS Employment Projections expect 17.0% growth in this occupation over the 2024–2034 decade. That is much faster than the all-occupations average of ~3-4%. The role currently employs 330,300 people in the US.
How can a Financial Advisor maximize take-home pay?
Three levers: (1) Maximize pre-tax retirement contributions — every $1 into a 401(k) reduces taxable income by $1, saving ~22–32¢ per dollar at typical marginal rates. (2) If you have a high-deductible health plan, contribute to an HSA for the triple tax advantage (pre-tax in, tax-free growth, tax-free withdrawals for medical). (3) Consider moving to a no-income-tax state if your employer is flexible — the savings on a six-figure salary can exceed $5,000–$10,000/year.
Is Financial Advisor a good career?
Whether a Financial Advisor role is a "good" career depends on three measurable factors and several personal ones. Measurable: median pay ($99,580/yr nationally), 10-year growth (17.0%), and total US employment (330,300). Personal: alignment with your strengths, work environment preferences, education investment required, and geographic flexibility. The BLS Occupational Outlook Handbook covers day-to-day responsibilities in detail.
How is Financial Advisor salary different by experience level?
Wage percentiles roughly map to experience tiers. The 10th percentile (~$60,110) is typical for entry-level or first-year roles. The median ($99,580) reflects mid-career professionals with 5–10 years of experience. The 75th–90th percentile ($164,450–$239,200) represents senior roles, specialists, or those in high-cost metros. Promotions, certifications, and switching employers typically drive the largest jumps.
Where does CalcFi's Financial Advisor salary data come from?
Salary figures are from BLS Occupational Employment and Wage Statistics (OEWS), 2024 release. Cost-of-living adjustments use BEA Regional Price Parities. Tax math uses IRS Publication 17 federal brackets, SSA OASDI/Medicare rates, and state Department of Revenue rate schedules (mirrored via Tax Foundation). CalcFi runs the math client-side; no salary inputs leave your browser. See methodology for full source list.
Browse All Salary Data
Salary data sourced from U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS), 2024 release. Tax calculations use 2025 IRS federal brackets and state tax rates. Last updated: March 2025.