Research Summary. Using a database of 30 million profiles, Zippia estimates demographics and statistics for finance advisors in the United States. Our estimates are verified against BLS, Census, and current job openings data for accuracy. After extensive research and analysis, Zippia's data science team found that:
- There are over 203,791 finance advisors currently employed in the United States.
- 27.7% of all finance advisors are women, while 72.3% are men.
- The average age of an employed finance advisor is 44 years old.
- The most common ethnicity of finance advisors is White (76.5%), followed by Asian (8.6%), Hispanic or Latino (7.6%) and Black or African American (5.1%).
- 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 2021, women earned 85% of what men earned.
- New York is the best state for finance advisors to live.
- Finance advisors are 48% more likely to work at private companies in comparison to public companies.
Finance Advisor Statistics By Gender
27.7% of finance advisors are women and 72.3% of finance advisors are men.
- Male, 72.3%
- Female, 27.7%
Finance Advisors By Gender
Gender Pay Gap For Finance Advisor
Women Earn 85¢ For Every $1 Earned By Men
Finance Advisor Gender Over Time
This data shows how men and women predominate in the finance advisor position over time.
Finance Advisor Gender By Year
Finance Advisor Male to Female Ratio
We compared this job title with other job titles to see how gender percentages varied. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest difference in gender.
|Chartered Finance Analyst||90%||10%|
|Renewable Energy System Finance Specialist||92%||8%|
Finance Advisor Statistics By Race
The most common ethnicity among finance advisors is White, which makes up 76.5% of all finance advisors. Comparatively, there are 8.6% of the Asian ethnicity and 7.6% of the Hispanic or Latino ethnicity.
- White, 76.5%
- Asian, 8.6%
- Hispanic or Latino, 7.6%
- Black or African American, 5.1%
- Unknown, 2.0%
- American Indian and Alaska Native, 0.2%
Finance Advisor Race
|Finance Advisor Race||Percentages|
|Hispanic or Latino||7.6%|
|Black or African American||5.1%|
|American Indian and Alaska Native||0.2%|
Finance Advisor Race And Ethnicity Over Time
Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2010-2019 among finance advisors.
- Hispanic or Latino
- Black or African American
Finance Advisor Race By Year
|Year||White||Black or African American||Asian||Hispanic or Latino|
Finance Advisor Wage Gap By Race
|Black or African American||$53,785|
|Hispanic or Latino||$62,237|
Finance Advisor JOBS
Average Age of a Finance Advisor
We determined the average age of finance advisors based on ethnicity and gender.
Finance Advisor Age By Race
|Race||Male Age||Female Age|
|Black or African American||40||47|
|Hispanic or Latino||39||43|
Finance Advisor Age Breakdown
This chart breaks down the ages of finance advisor employees. Interestingly enough, the average age of finance advisors is 40+ years old, which represents 62% of the population.
Finance Advisor Age
|Finance Advisor Years||Percentages|
Types of Finance Advisor Degree Levels
The most common degree for finance advisors is bachelor's degree 74% of finance advisors earn that degree. A close second is master's degree with 12% and rounding it off is associate degree with 8%.
- Bachelors, 74%
- Masters, 12%
- Associate, 8%
- High School Diploma, 3%
- Other Degrees, 3%
Finance Advisors By Education
|Finance Advisor Degree||Percentages|
|High School Diploma||3%|
Finance Advisor Jobs You Might Like
Finance Advisor Wage Gap By Education
Finance Advisor Employment Statistics
This section highlights information about where finance advisors work. We found most finance advisors work for a private company. In addition, the industry that employs the most finance advisors is the finance industry.
We created this chart to show you the average size of companies that typically hire finance advisors.
< 50 employees
50 - 100 employees
100 - 500 employees
500 - 1,000 employees
1,000 - 10,000 employees
Finance Advisor Jobs By Employer Size
|< 50 employees||3%|
|50 - 100 employees||3%|
|100 - 500 employees||11%|
|500 - 1,000 employees||12%|
|1,000 - 10,000 employees||36%|
|> 10,000 employees||35%|
The Types Of Companies Finance Advisor Work In
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
Top Industries Hiring Finance Advisors
Just based on the number of employees within each industry, we were able to determine the most common industries that employ finance advisors. Those industries include finance, insurance and professional.
Finance Advisor Turnover And Employment Statistics
Finance Advisor Unemployment Rate Over Time
The Bureau of Labor Statistics came in clutch when it came down to figuring out how the unemployment rate has changed over time. Between 2008 and 2018, this is how the number of finance advisors changed.
- Unemployment rate
Finance Advisor Unemployment Rate By Year
|Year||Finance Advisor Unemployment Rate|
The Average Number of Years That Finance Advisor Stay in a Job
By looking over 33,322 finance advisors resumes, we figured out that the average finance advisor enjoys staying at their job for 1-2 years for a percentage of 42%.
Less than one year
Finance Advisor Tenure
|Number or Years||Percentages|
|Less than 1 year||20%|
Comparing The LGBT Ratio of Finance Advisors with Other Job Titles
After finding the gender ratio, we wondered if the percentages of LGBT persons were different as well. Using the data below, you can see how other job titles compare to finance advisors.
|Job Title||LGBT||Job Openings|
|Risk Management Director||6.07%||80,337|
|Investment Banking Associate||6.29%||39,516|
|Income Tax Consultant||11.07%||39,838|
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