Finance advisor demographics and statistics in the US
Finance advisor demographics research summary. Zippia estimates finance advisor demographics and statistics in the United States by using a database of 30 million profiles. Our finance advisor estimates are verified against BLS, Census, and current job openings data for accuracy. Zippia's data science team found the following key facts about finance advisors after extensive research and analysis:
- There are over 241,225 finance advisors currently employed in the United States.
- 27.7% of all finance advisors are women, while 72.3% are men.
- The average finance advisor age is 44 years old.
- The most common ethnicity of finance advisors is White (72.1%), followed by Hispanic or Latino (9.5%), Asian (8.3%) and Black or African American (5.6%).
- Finance advisors are most in-demand in New York, NY.
- New York, NY pays an annual average wage of $111,661, the highest in the US.
- In 2022, women finance advisors earned 84% of what men earned.
- New York is the best state for finance advisors to live.
- Finance advisors are 61% more likely to work at private companies in comparison to public companies.
On this page
Finance advisor demographics by:
Finance advisor gender statistics
27.7% of finance advisors are women and 72.3% of finance advisors are men.
- Male, 72.3%
- Female, 27.7%
Finance advisor gender ratio
| Gender | Percentages |
|---|---|
| Male | 72.3% |
| Female | 27.7% |
Finance advisor gender pay gap
Women earn 84¢ for every $1 earned by men
Male income
$64,280
Female income
$53,971
Finance advisor gender ratio over time
This data breaks down the percentage of men and women in finance advisor positions over time. Currently, 27.7% of finance advisors are female.
Finance advisor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 72.47% | 27.53% |
| 2011 | 71.69% | 28.31% |
| 2012 | 73.37% | 26.63% |
| 2013 | 71.38% | 28.62% |
| 2014 | 71.42% | 28.58% |
| 2015 | 73.00% | 27.00% |
| 2016 | 72.62% | 27.38% |
| 2017 | 70.30% | 29.70% |
| 2018 | 72.59% | 27.41% |
| 2019 | 73.10% | 26.90% |
| 2020 | 72.52% | 27.48% |
| 2021 | 72.26% | 27.74% |
Finance advisor related jobs gender ratio
We compared finance advisors with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Finance Advisor | 72% | 28% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Finance advisor demographics by race
The most common ethnicity among finance advisors is White, which makes up 72.1% of all finance advisors. Comparatively, 9.5% of finance advisors are Hispanic or Latino and 8.3% of finance advisors are Asian.
- White, 72.1%
- Hispanic or Latino, 9.5%
- Asian, 8.3%
- Black or African American, 5.6%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.1%
Finance advisor race
| Finance advisor race | Percentages |
|---|---|
| White | 72.1% |
| Hispanic or Latino | 9.5% |
| Asian | 8.3% |
| Black or African American | 5.6% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.1% |
Finance advisor race and ethnicity over time
See how finance advisor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Finance advisor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 78.68% | 5.66% | 7.52% | 6.73% |
| 2011 | 78.74% | 5.77% | 7.25% | 6.61% |
| 2012 | 77.86% | 5.63% | 7.89% | 7.03% |
| 2013 | 76.25% | 5.79% | 8.67% | 7.55% |
| 2014 | 76.90% | 6.12% | 8.37% | 7.13% |
| 2015 | 77.44% | 5.63% | 8.38% | 6.93% |
| 2016 | 76.78% | 5.44% | 8.87% | 7.31% |
| 2017 | 75.57% | 5.55% | 9.25% | 7.81% |
| 2018 | 76.60% | 5.43% | 8.17% | 7.93% |
| 2019 | 76.54% | 5.15% | 8.61% | 7.63% |
| 2020 | 73.32% | 5.88% | 8.77% | 8.55% |
| 2021 | 72.10% | 5.64% | 8.32% | 9.46% |
Finance advisor wage gap by race
According to our data, asian finance advisors have the highest average salary compared to other ethnicities. Black or african american finance advisors have the lowest average salary at $57,257.
| Ethnicity | Salary |
|---|---|
| Unknown | $64,581 |
| White | $67,386 |
| Black or African American | $57,257 |
| Asian | $68,024 |
| Hispanic or Latino | $64,745 |
Average finance advisor age
See how the average age of finance advisors varies based on ethnicity and gender.
Male
Female
Finance advisor age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 42 | 46 |
| White | 44 | 45 |
| Black or African American | 41.5 | 44 |
| Asian | 42 | 42 |
| Hispanic or Latino | 40 | 45 |
Finance advisor age breakdown
The average age of finance advisors is 40+ years years old, representing 61% of the finance advisor population.
Finance advisor age breakdown
| Finance Advisor Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 28% |
| 20-30 years | 11% |
Finance advisor educational attainment
The most common degree for finance advisors is bachelor's degree, with 74% of finance advisors earning that degree. The second and third most common degree levels are master's degree degree at 12% and master's degree degree at 8%.
- Bachelor's, 74%
- Master's, 12%
- Associate, 8%
- High School Diploma, 3%
- Other Degrees, 3%
Finance advisors by degree level
| Finance advisor degree | Percentages |
|---|---|
| Bachelor's | 74% |
| Master's | 12% |
| Associate | 8% |
| High School Diploma | 3% |
| Other Degrees | 3% |
Finance advisor jobs you might like
Finance advisor wage gap by degree level
According to the data, finance advisors with a Doctorate degree earn more than those without, at $81,827 annually. With a Master's degree, finance advisors earn a median annual income of $74,942 compared to $68,144 for finance advisors with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $74,942 |
| Bachelor's Degree | $68,144 |
| Doctorate Degree | $81,827 |
Finance advisor employment statistics
Most finance advisors work for a private in the finance industry.
Company size where finance advisors work
Below, you can see the size of companies where finance advisors work.
Finance advisor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 5% |
| 50 - 100 employees | 15% |
| 100 - 500 employees | 18% |
| 500 - 1,000 employees | 7% |
| 1,000 - 10,000 employees | 26% |
| > 10,000 employees | 29% |
Finance advisor jobs by company type
Employees with the finance advisor job title have their preferences when it comes to working for a company. For instance, most finance advisors prefer to work at private companies over public companies.
Finance advisor jobs by sector
| Company type | Percentages |
|---|---|
| Education | 6% |
| Public | 31% |
| Private | 61% |
| Government | 2% |
Finance advisor jobs by industry
The most common industries for finance advisors are finance, professional and insurance.
Finance advisor industry statistics
| Industry | Percentages |
|---|---|
| Finance | 46% |
| Fortune 500 | 14% |
| Professional | 7% |
| Insurance | 7% |
| Education | 5% |
| Health Care | 3% |
| Technology | 3% |
| Media | 2% |
| Government | 2% |
| Manufacturing | 2% |
| Retail | 2% |
| Non Profits | 2% |
| Transportation | 1% |
| Utilities | 1% |
| Construction | 1% |
| Energy | 1% |
| Hospitality | 1% |
| Telecommunication | 1% |
| Real Estate | 1% |
Finance advisor turnover and employment statistics
Finance advisor unemployment rate over time
The unemployment rate for finance advisors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Finance advisor unemployment rate by year
| Year | Finance advisor unemployment rate |
|---|---|
| 2010 | 3.85% |
| 2011 | 3.28% |
| 2012 | 2.62% |
| 2013 | 2.79% |
| 2014 | 1.97% |
| 2015 | 1.35% |
| 2016 | 1.21% |
| 2017 | 1.18% |
| 2018 | 1.95% |
| 2019 | 1.59% |
| 2020 | 1.85% |
| 2021 | 1.87% |
Average finance advisor tenure
The average finance advisor stays at their job for 1-2 years, based on the 33,322 finance advisors resumes in Zippia's database.
Finance advisor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 20% |
| 1-2 years | 42% |
| 3-4 years | 14% |
| 5-7 years | 13% |
| 8-10 years | 5% |
| 11+ years | 6% |
Finance advisor LGBT ratio compared to similar jobs
Review the percent of finance advisors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Finance Advisor | 4.53% | - |
| Corporate Securities Research Analyst | 7.33% | 71,907 |
| Tax Accountant | 7.40% | 57,919 |
| Tax Assistant | 7.56% | 29,307 |
| Customs Verifier | 7.65% | 1,264 |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Examination Proctor | 19.38% | 149 |
Similar finance advisor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Corporate Securities Research Analyst | 7.33% | 71,907 |
| Tax Accountant | 7.40% | 57,919 |
| Tax Assistant | 7.56% | 29,307 |
| Customs Verifier | 7.65% | 1,264 |
| Budget/Finance Analyst | 12.94% | 94,906 |
| Examination Proctor | 19.38% | 149 |
Foreign languages spoken by finance advisors
The most common foreign language among finance advisors is Spanish at 47.8%. The second-most popular foreign language spoken is French at 10.9% and Mandarin is the third-most popular at 6.2%.
- Spanish, 47.8%
- French, 10.9%
- Mandarin, 6.2%
- Chinese, 5.0%
- German, 4.6%
- Other, 25.5%
Finance advisor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 47.8% |
| French | 10.9% |
| Mandarin | 6.2% |
| Chinese | 5.0% |
| German | 4.6% |
| Other | 25.5% |
