Financial Advisor salary in the United States

Average salary
$98,000/yr
Based on 16,494 income tax records
$29,000
$518,000
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$58K
 
$88K
 
$116K
 
$135K
 
$132K
$29,000
$518,000
How much do Financial Advisors make?
The average total salary for a Financial Advisor is $98,000 per year. This is based on data from 16,494 TurboTax users who reported their occupation as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $29,000 to $518,000 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Financial Advisor salary by location

Financial Advisor salary by company

Employer
Average salary per year*
Salary range**
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Royal Bank Of Canada, New York County, NY
12 income tax records
$480,500/yr
$173K – $1M
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Jefferies, New York County, NY
12 income tax records
$370,000/yr
$165K – $634K
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Deutsche Bank Securities, New York County, NY
12 income tax records
$362,000/yr
$182K – $751K
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Barclays Services, New York County, NY
13 income tax records
$308,000/yr
$149K – $663K
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Morgan Stanley, Montgomery County, MD
13 income tax records
$296,000/yr
$71K – $723K
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Merrill Lynch, Chester County, PA
10 income tax records
$286,500/yr
$72K – $616K
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Jp Morgan Securities, New York County, NY
26 income tax records
$279,000/yr
$71K – $759K
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Credit Suisse USA, New York County, NY
18 income tax records
$275,500/yr
$79K – $1.3M
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Bofa Securities, New York County, NY
15 income tax records
$268,500/yr
$129K – $476K
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Wells Fargo, Contra Costa County, CA
19 income tax records
$260,500/yr
$72K – $1.7M
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Evercore Partners, New York County, NY
19 income tax records
$230,000/yr
$98K – $465K
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Citigroup Global Mkts, New York County, NY
23 income tax records
$205,000/yr
$100K – $558K
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William Blair Company, Cook County, IL
11 income tax records
$204,000/yr
$52K – $636K
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Goldman Sachs, New York County, NY
43 income tax records
$192,000/yr
$100K – $754K
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TriNet, New York County, NY
13 income tax records
$191,000/yr
$81K – $388K
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JPMorgan Chase, Westchester County, NY
10 income tax records
$176,000/yr
$119K – $489K
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Raymond James & Associates, Hillsborough County, FL
10 income tax records
$121,000/yr
$54K – $548K
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Fidelity, Hamilton County, OH
10 income tax records
$112,000/yr
$47K – $193K
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Schwab Private Client Investment, Maricopa County, AZ
15 income tax records
$110,000/yr
$78K – $199K
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Empower Retirement, Denver County, CO
12 income tax records
$104,000/yr
$74K – $153K
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Charles Schwab, Maricopa County, AZ
13 income tax records
$100,000/yr
$56K – $185K
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The Vanguard Group, Chester County, PA
37 income tax records
$99,500/yr
$66K – $150K
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United Services Automobile Association, Maricopa County, AZ
10 income tax records
$98,000/yr
$69K – $156K
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Usaa Life Insurance Company, Maricopa County, AZ
11 income tax records
$85,500/yr
$76K – $145K
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Edelman Financial Engines, Maricopa County, AZ
12 income tax records
$81,000/yr
$58K – $118K
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Ameriprise Financial Services, Hennepin County, MN
14 income tax records
$70,500/yr
$42K – $114K
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Variable Annuity Life Insurance, Harris County, TX
25 income tax records
$62,500/yr
$47K – $145K
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University Of Phoenix, Maricopa County, AZ
12 income tax records
$40,000/yr
$22K – $57K

Financial Advisor demographics in United States

single icon
44% are single
married icon
56% are married
have kids icon
44% have kids
own a home icon
63% own a home

Effective Tax Rates for Financial Advisors in United States

16,494 full-time salaries from 2019
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FAQS
The average salary for a financial advisor in the United States is $98,000 per year. Financial advisor salaries in the United States can vary between $29,000 to $518,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 16,494 tax returns from TurboTax customers who reported their occupation as financial advisor.

The following companies offer the highest salaries for financial advisors in the United States: Royal Bank of Canada ($480,500 a year), Jefferies ($370,000 a year), and Deutsche Bank Securities ($362,000 a year).

The following cities offer the highest salaries for financial advisors in the United States: New York Metro Area, NY ($167,500 a year), San Francisco Metro Area, CA ($163,000 a year), and Bridgeport Metro Area, CT ($132,000 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.