This question is about finance advisor salaries.

What is the average starting salary for a financial advisor?

By Zippia Team - Oct. 27, 2021

The average starting salary for a financial advisor is around $49,000 annually. This average starting salary can quickly grow depending on the particular financial advisor's ability within their career.

It is best to start with a lower salary if you have major opportunities for mentorship within the role. In the financial advising industry, it is important to grow relationships with more experienced financial advisors as they will help you avoid common mistakes.

Additionally, they will introduce you to potential clients. Giving a new financial advisor initial trust can be critical in order to gain clients and ultimately higher salaries.

The best way to start with a higher base salary is to live in a location with the highest median salary. These are typically large metropolitan areas, such as New York, California, and the District of Columbia.

What is the average starting salary for a financial advisor?

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