Finance Advisor Statistics and Facts in the US

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.
  • 28.1% of all finance advisors are women, while only 67.2% are men.
  • The average age of an employed finance advisor is 44 years old.
  • The most common ethnicity of finance advisors is White (76.6%), followed by Asian (8.2%) and Hispanic or Latino (7.9%).
  • The majority of finance advisors are located in NY, New York and AZ, Phoenix.
  • Finance advisors are most in-demand in New York, NY.
  • Finance advisors are paid an average annual salary of $79,329.
  • Washington, DC pays an annual average wage of $115,252, the highest in the US.
  • Finance advisors average starting salary is $47,000.
  • In 2021, women earned 86% of what men earned.
  • The top 10% of highest-paid finance advisors earn as much as $133,000 or more.
  • District of Columbia is the best state for finance advisors to live.
  • Finance advisors are more likely to work at private companies in comparison to public companies.

Finance Advisor Statistics By Gender

Among finance advisors, 28.1% of them are women compared to 67.2% which are men.

Job Title
  • Male, 67.2%
  • Female, 28.1%
  • Unknown, 4.7%
Job Title
GenderascdescPercentagesascdesc
Male
67.2%
Female
28.1%
Unknown
4.7%

Gender Pay Gap For Finance Advisor

Women Earn 86¢ For Every $1 Earned By Man

male-income
Male Income
$76,162
female-income
Female Income
$65,247

Finance Advisor Gender Over Time

This data shows how men and women predominate in the finance advisor position over time.

Male
Female
76%
73%
70%
68%
65%
62%
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
YearascdescMaleascdescFemaleascdesc
2008
69.46%
30.54%
2009
69.32%
30.68%
2010
70.09%
29.91%
2011
69.16%
30.84%
2012
71.04%
28.96%
2013
67.74%
32.26%
2014
68.51%
31.49%
2015
70.06%
29.94%
2016
69.34%
30.66%
2017
68.39%
31.61%
2018
69.46%
30.54%

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 audit partner have the biggest difference in gender.

Compare Jobs
Job Titleascdesc
Maleasc
Femaleascdesc
Escrow Officer16%80%
Customs Verifier18%71%
Loan Processing Supervisor22%74%
Finance Advisor67%28%
Chartered Finance Analyst73%11%
Audit Partner75%16%
Renewable Energy System Finance Specialist84%13%
Male
Female
100%
75%
50%
25%
0%
Renewable Energy System Finance Specialist
Audit Partner
Chartered Finance Analyst
Finance Advisor
Loan Processing Supervisor
Customs Verifier
Escrow Officer
0%
25%
50%
75%
100%

Finance Advisor Statistics By Race

The most common ethnicity among finance advisors is White, which makes up 76.6% of all finance advisors. Comparatively, there are 8.2% of the Asian ethnicity and 7.9% of the Hispanic or Latino ethnicity.

Job Title
  • White, 76.6%
  • Asian, 8.2%
  • Hispanic or Latino, 7.9%
  • Black or African American, 5.4%
  • Unknown, 1.6%
  • American Indian and Alaska Native, 0.3%
Job Title
Finance Advisor RaceascdescPercentagesascdesc
White
76.6%
Asian
8.2%
Hispanic or Latino
7.9%
Black or African American
5.4%
Unknown
1.6%
American Indian and Alaska Native
0.3%

Finance Advisor Race And Ethnicity Over Time

Using the Census Bureau data, we found out how the percentage of each ethnic category trended between 2008-2018 among finance advisors.

  • White
  • Asian
  • Hispanic or Latino
  • Black or African American
YearascdescWhiteascdescBlack or African AmericanascdescAsianascdescHispanic or Latinoascdesc
2010
78.65%
5.67%
7.53%
6.74%
2011
78.69%
5.78%
7.26%
6.62%
2012
77.83%
5.63%
7.90%
7.03%
2013
76.23%
5.80%
8.68%
7.56%
2014
76.87%
6.13%
8.38%
7.14%
2015
77.41%
5.64%
8.39%
6.94%
2016
76.75%
5.45%
8.88%
7.32%
2017
75.55%
5.56%
9.26%
7.82%
2018
76.55%
5.43%
8.18%
7.94%

Finance Advisor Wage Gap By Race

White finance advisors have the highest average salary compared to other ethnicities. Black or african american finance advisors have the lowest average salary at $63,659.
$79,000
$76,000
$73,000
$70,000
$67,000
$64,000
$61,000
Unknown
White
Black or African American
Asian
Hispanic or Latino
Ethnicityascdesc
Salaryascdesc
Unknown$70,936
White$75,877
Black or African American$63,659
Asian$72,856
Hispanic or Latino$70,195

Average Age of a Finance Advisor

We determined the average age of finance advisors based on ethnicity and gender.

Male
Female
RaceascdescMale AgeascdescFemale Ageascdesc
Unknown
36
39
White
44
44
Black or African American
42
43.5
Asian
40
43
Hispanic or Latino
40
40

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 61% of the population.

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20-30 years

30-40 years

40+ years


Finance Advisor YearsascdescPercentagesascdesc
20-30 years
12%
30-40 years
27%
40+ years
61%

Types of Finance Advisor Degree Levels

Finance Advisor Wage Gap By Education

Finance advisors with a Masters degree earn more than those without, at $88,690 annually. With a Doctorate degree, finance advisors earn a median annual income of $77,194 compared to $76,162 for finance advisors with an Bachelors degree.
$92,000
$89,000
$86,000
$83,000
$80,000
$77,000
$74,000
Master's Degree
Bachelor's Degree
Doctorate Degree
Educationascdesc
Salaryascdesc
Master's Degree$88,690
Bachelor's Degree$76,162
Doctorate Degree$77,194

Finance Advisor Employment Statistics

This section highlights the information we gathered about the types of businesses and industries that employ finance advisors. We found that the most common company type is private. In addition, the industry that employs the most finance advisors is the finance industry.

Company Size

We created this chart to show you the average size of companies that typically hire finance advisors.

Compare Jobs

< 50 employees

50 - 100 employees

100 - 500 employees

500 - 1,000 employees

1,000 - 10,000 employees

> 10,000

Company SizeascdescPercentagesascdesc
< 50 employees
3%
50 - 100 employees
4%
100 - 500 employees
9%
500 - 1,000 employees
12%
1,000 - 10,000 employees
38%
> 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.

Compare Jobs

Education

Public

Private

Government

Company TypeascdescPercentagesascdesc
Education
6%
Public
41%
Private
51%
Government
2%

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.

Compare Jobs

Finance

Fortune 500

Insurance

Professional

Technology

IndustryascdescPercentagesascdesc
Finance
36%
Fortune 500
18%
Insurance
11%
Professional
6%
Technology
4%
Education
4%
Health Care
3%
Retail
3%
Hospitality
2%
Manufacturing
2%
Telecommunication
2%
Non Profits
2%
Transportation
1%
Government
1%
Construction
1%
Real Estate
1%
Energy
1%

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
YearascdescFinance Advisor Unemployment Rateascdesc
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%

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%.

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Less than one year

1-2 years

3-4 years

5-7 years

8-10 years

11+ years


Number or YearsascdescPercentagesascdesc
Less than 1 year
20%
1-2 years
42%
3-4 years
14%
5-7 years
13%
8-10 years
5%
11+ years
6%

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.

Compare Jobs
Job Titleascdesc
LGBTasc
Contract Finance Analyst7.99%
Budget Examiner9.25%
Tax Advisor11.42%
Delinquent Tax Collector13.02%
At-Risk Specialist13.19%
Finance Advisor13.35%
Finance Aid Officer16.40%

ProfessionascdescPercentages of LGBT ascdesc
Contract Finance Analyst
7.99%
Budget Examiner
9.25%
Tax Advisor
11.42%
Delinquent Tax Collector
13.02%
At-Risk Specialist
13.19%
Finance Aid Officer
16.40%

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%.

Job Title
  • Spanish, 47.8%
  • French, 10.9%
  • Mandarin, 6.2%
  • Chinese, 5.0%
  • German, 4.6%
  • Other, 25.5%
Job Title
Foreign LanguageascdescPercentagesascdesc
Spanish
47.8%
French
10.9%
Mandarin
6.2%
Chinese
5.0%
German
4.6%
Other
25.5%

Finance Advisor Jobs

Recently Added Finance Advisor Jobs

Finance Advisor Heatmaps

The amount you can make as a finance advisor can depend on where you live. For example, the highest salary of finance advisors is $86,384. Use our chart to find out where that salary is located.

Where Do Finance Advisors Earn The Most?

The map here shows where finance advisors earn the highest salaries in the U.S. The darker areas across the 50 states highlight the highest salaries.

Average Salary

Where Are Finance Advisors Located?

By looking through more than 33,322 resumes, we found that the most popular places for finance advisors are NY, New York and AZ, Phoenix.

Number of Finance Advisors

Where Are Finance Advisors In High Demand?

We looked over job openings to determine where in the country finance advisors are in the most demand.

Jobs Openings