Research Summary. After extensive research by the Zippia data science team, we identified these details of finance advisor salary by state for the United States:
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New York has the highest finance advisor salary of $110,404
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Utah has the lowest finance advisor salary of $38,458
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The national average salary for finance advisors is $64,993
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The national hourly pay for finance advisors is $31.25
You can read more on the specific methodology.
Background
Without fail, in surveys across basically every demographic, the number one most important aspect of a job for most people is the salary — how much do finance advisors get paid where I live?
And while there are many things to go into how much you, specifically, can expect to make, there’s really good data for average salaries for finance advisor by state across America broken down by seniority level. So while your city may be slightly different than the state average, these averages give you a rough sense of what to expect for your salary.
The state with the best salary for finance advisors after this adjustment? That would be New York.
Here’s a quick snapshot of the top ten states for finance advisor salaries:
Let’s take a look at how we got here and a full ranking of all the states.
Highest-Paid Finance Advisors By State
| Rank | State | Average Finance Advisor Salary | 10th Percentile | 90th Percentile |
|---|---|---|---|---|
| 1 | New York | $110,404 | $65,000 | $185,000 |
| 2 | Maine | $101,268 | $61,000 | $166,000 |
| 3 | Massachusetts | $101,081 | $60,000 | $168,000 |
| 4 | New Jersey | $92,347 | $53,000 | $158,000 |
| 5 | Virginia | $86,758 | $48,000 | $154,000 |
| 6 | Rhode Island | $85,738 | $50,000 | $145,000 |
| 7 | New Hampshire | $83,145 | $49,000 | $139,000 |
| 8 | North Carolina | $82,088 | $44,000 | $150,000 |
| 9 | West Virginia | $80,734 | $44,000 | $146,000 |
| 10 | Wisconsin | $78,722 | $43,000 | $142,000 |
| 11 | Indiana | $76,995 | $41,000 | $142,000 |
| 12 | Vermont | $76,178 | $45,000 | $127,000 |
| 13 | Connecticut | $75,587 | $44,000 | $129,000 |
| 14 | North Dakota | $75,308 | $42,000 | $132,000 |
| 15 | Pennsylvania | $74,763 | $42,000 | $131,000 |
| 16 | Louisiana | $74,250 | $39,000 | $140,000 |
| 17 | Kentucky | $73,820 | $39,000 | $138,000 |
| 18 | South Carolina | $73,662 | $39,000 | $138,000 |
| 19 | Ohio | $72,319 | $39,000 | $130,000 |
| 20 | Delaware | $69,436 | $39,000 | $122,000 |
| 21 | Maryland | $68,552 | $38,000 | $121,000 |
| 22 | Illinois | $67,659 | $36,000 | $124,000 |
| 23 | Florida | $67,325 | $36,000 | $125,000 |
| 24 | Minnesota | $66,747 | $37,000 | $119,000 |
| 25 | California | $63,819 | $34,000 | $118,000 |
| 26 | Texas | $63,560 | $33,000 | $121,000 |
| 27 | Michigan | $63,144 | $35,000 | $112,000 |
| 28 | Alabama | $62,952 | $33,000 | $119,000 |
| 29 | Arizona | $62,389 | $33,000 | $117,000 |
| 30 | Idaho | $62,297 | $35,000 | $109,000 |
| 31 | Washington | $62,198 | $35,000 | $109,000 |
| 32 | Tennessee | $60,492 | $31,000 | $115,000 |
| 33 | Nebraska | $58,676 | $31,000 | $108,000 |
| 34 | Oregon | $57,985 | $32,000 | $102,000 |
| 35 | Iowa | $57,824 | $31,000 | $106,000 |
| 36 | Georgia | $56,854 | $29,000 | $107,000 |
| 37 | New Mexico | $52,357 | $27,000 | $98,000 |
| 38 | Colorado | $52,026 | $28,000 | $94,000 |
| 39 | Kansas | $49,817 | $26,000 | $92,000 |
| 40 | Missouri | $47,617 | $25,000 | $89,000 |
| 41 | South Dakota | $47,383 | $26,000 | $84,000 |
| 42 | Wyoming | $45,722 | $25,000 | $81,000 |
| 43 | Mississippi | $45,644 | $24,000 | $86,000 |
| 44 | Arkansas | $44,928 | $23,000 | $84,000 |
| 45 | Montana | $43,686 | $25,000 | $75,000 |
| 46 | Hawaii | $43,159 | $27,000 | $68,000 |
| 47 | Nevada | $41,374 | $22,000 | $77,000 |
| 48 | Alaska | $40,995 | $25,000 | $64,000 |
| 49 | Oklahoma | $39,404 | $21,000 | $73,000 |
| 50 | Utah | $38,458 | $21,000 | $68,000 |
Methodology: Finance Advisor Salary By State
To better understand finance advisor pay by state, Zippia has aggregated data across a multitude of channels including the BLS, FLC, and OPM. We then supplement that data with actual listed salaries from job posts. Finally, the data science team calculates a weighted average of these inputs to create an average pay for finance advisors by state.
We took the average annual salary data for finance advisors from these estimates and ranked every state on this criteria with the state with the highest salary ranking as highest average salary for finance advisors.
Finance Advisor Salary By State FAQs
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What is the highest-paid state for finance advisors?
The highest-paid state for finance advisors is New York with an average salary of $110,404 per year.
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What city pays finance advisors the most?
New York, NY pays finance advisors the most with an average salary of $111,661 per year.
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What is the worst state for finance advisors?
The worst state for finance advisors is Utah with an average salary of $38,458 per year.
Author
Chris Kolmar is a co-founder of Zippia and the editor-in-chief of the Zippia career advice blog. He has hired over 50 people in his career, been hired five times, and wants to help you land your next job. His research has been featured on the New York Times, Thrillist, VOX, The Atlantic, and a host of local news. More recently, he's been quoted on USA Today, BusinessInsider, and CNBC.
