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Best states for a wealth management advisor

Quoted expert
Ann M. Ebberts
  • Rank 1 - 10
  • 11 - 20
  • 21 - 30
  • 31 - 40
  • 41 - 51
Wealth management advisor opportunities vary in different parts of the country. In order to help you determine the best states for wealth management advisors, we ranked all fifty states from best to worst for wealth management advisors.In fact, our research shows that New York is the best state for wealth management advisors in America. The best city in America for wealth management advisors with the highest pay is New York, NY.
We figured that the best places for wealth management advisor jobs has three things everyone would agree on. There would be high annual wages, good career prospects (no matter what phase of the career you are in), and a lot of job opportunities.We found that New York is the best state for wealth management advisor jobs, whereas Mississippi is the worst.

10 best states for wealth management advisors in 2025

  1. New York #1 best state for wealth management advisors

    1. New York

    Total wealth management advisor jobs:2,872
    Average annual salary:$123,242
    Lowest 10 percent earn:$74,000
    Highest 10 percent earn:$204,000
    Location Quotient:
    1.21
  2. Rhode Island #2 best state for wealth management advisors

    2. Rhode Island

    Total wealth management advisor jobs:230
    Average annual salary:$111,392
    Lowest 10 percent earn:$66,000
    Highest 10 percent earn:$186,000
    Location Quotient:
    1.03
  3. Connecticut #3 best state for wealth management advisors

    3. Connecticut

    Total wealth management advisor jobs:793
    Average annual salary:$103,069
    Lowest 10 percent earn:$60,000
    Highest 10 percent earn:$175,000
    Location Quotient:
    1.3
  4. Virginia #4 best state for wealth management advisors

    4. Virginia

    Total wealth management advisor jobs:2,089
    Average annual salary:$101,253
    Lowest 10 percent earn:$57,000
    Highest 10 percent earn:$178,000
    Location Quotient:
    1.2
  5. Massachusetts #5 best state for wealth management advisors

    5. Massachusetts

    Total wealth management advisor jobs:1,402
    Average annual salary:$123,591
    Lowest 10 percent earn:$75,000
    Highest 10 percent earn:$203,000
    Location Quotient:
    0.83
  6. Delaware #6 best state for wealth management advisors

    6. Delaware

    Total wealth management advisor jobs:287
    Average annual salary:$95,934
    Lowest 10 percent earn:$54,000
    Highest 10 percent earn:$167,000
    Location Quotient:
    1.24
  7. New Jersey #7 best state for wealth management advisors

    7. New Jersey

    Total wealth management advisor jobs:1,295
    Average annual salary:$110,003
    Lowest 10 percent earn:$64,000
    Highest 10 percent earn:$186,000
    Location Quotient:
    0.88
  8. North Dakota #8 best state for wealth management advisors

    8. North Dakota

    Total wealth management advisor jobs:205
    Average annual salary:$92,824
    Lowest 10 percent earn:$52,000
    Highest 10 percent earn:$165,000
    Location Quotient:
    1.2
  9. District of Columbia #9 best state for wealth management advisors

    9. District of Columbia

    Total wealth management advisor jobs:377
    Average annual salary:$102,106
    Lowest 10 percent earn:$58,000
    Highest 10 percent earn:$178,000
    Location Quotient:
    1.22
  10. Maine #10 best state for wealth management advisors

    10. Maine

    Total wealth management advisor jobs:179
    Average annual salary:$111,147
    Lowest 10 percent earn:$66,000
    Highest 10 percent earn:$187,000
    Location Quotient:
    0.73

Wealth management advisor jobsNear Columbus, OH

How Zippia determines the best states to be a wealth management advisor

You can read about how the best state rankings are calculated here.

Detailed list of the best states for a wealth management advisor

RankStateAverage salaryLowest 10% earnPopulationJob count
1New York$123,242$74,00019,849,3992,872
2Rhode Island$111,392$66,0001,059,639230
3Connecticut$103,069$60,0003,588,184793
4Virginia$101,253$57,0008,470,0202,089
5Massachusetts$123,591$75,0006,859,8191,402
6Delaware$95,934$54,000961,939287
7New Jersey$110,003$64,0009,005,6441,295
8North Dakota$92,824$52,000755,393205
9District of Columbia$102,106$58,000693,972377
10Maine$111,147$66,0001,335,907179
11Illinois$92,336$50,00012,802,0232,393
12California$96,443$52,00039,536,6535,992
13Washington$93,225$52,0007,405,7431,307
14Oregon$92,351$51,0004,142,776726
15Pennsylvania$92,103$52,00012,805,5371,715
16West Virginia$98,565$54,0001,815,857194
17Michigan$89,754$49,0009,962,3111,203
18Ohio$88,348$48,00011,658,6091,442
19New Hampshire$90,440$52,0001,342,795237
20Vermont$88,280$50,000623,657116
21North Carolina$81,816$43,00010,273,4191,467
22Georgia$82,323$43,00010,429,3791,492
23Texas$77,094$39,00028,304,5963,854
24New Mexico$81,981$42,0002,088,070277
25Louisiana$81,692$42,0004,684,333444
26Florida$75,845$39,00020,984,4003,027
27Kansas$70,820$36,0002,913,123979
28Wisconsin$73,189$39,0005,795,4831,138
29Minnesota$77,226$41,0005,576,6061,122
30Idaho$84,228$46,0001,716,943104
31Alabama$74,389$38,0004,874,747702
32Arizona$73,162$37,0007,016,2701,180
33Maryland$77,606$43,0006,052,1771,018
34Kentucky$75,967$39,0004,454,189481
35Indiana$74,583$39,0006,666,818894
36South Carolina$76,847$40,0005,024,369530
37Nevada$71,701$37,0002,998,039327
38Arkansas$57,730$29,0003,004,2791,404
39Colorado$68,298$36,0005,607,1541,111
40Wyoming$57,040$30,000579,315183
41Montana$55,594$30,0001,050,493493
42Hawaii$64,189$33,0001,427,538183
43Oklahoma$53,171$27,0003,930,8641,164
44Alaska$64,079$36,000739,795139
45Utah$52,768$27,0003,101,833900
46Missouri$59,727$30,0006,113,532949
47Tennessee$60,699$30,0006,715,984846
48Nebraska$65,448$34,0001,920,076301
49Iowa$66,698$35,0003,145,711464
50South Dakota$58,254$31,000869,666145
51Mississippi$55,709$27,0002,984,100289

Highest paying states for wealth management advisors

RankStateAvg. Wealth Management Advisor Salary
1New York$123,242
2Rhode Island$111,392
3Connecticut$103,069
4Virginia$101,253
5Massachusetts$123,591
6Delaware$95,934
7New Jersey$110,003
8North Dakota$92,824
9District of Columbia$102,106
10Maine$111,147
11Illinois$92,336
12California$96,443
13Washington$93,225
14Oregon$92,351
15Pennsylvania$92,103
16West Virginia$98,565
17Michigan$89,754
18Ohio$88,348
19New Hampshire$90,440
20Vermont$88,280
21North Carolina$81,816
22Georgia$82,323
23Texas$77,094
24New Mexico$81,981
25Louisiana$81,692
26Florida$75,845
27Kansas$70,820
28Wisconsin$73,189
29Minnesota$77,226
30Idaho$84,228
31Alabama$74,389
32Arizona$73,162
33Maryland$77,606
34Kentucky$75,967
35Indiana$74,583
36South Carolina$76,847
37Nevada$71,701
38Arkansas$57,730
39Colorado$68,298
40Wyoming$57,040
41Montana$55,594
42Hawaii$64,189
43Oklahoma$53,171
44Alaska$64,079
45Utah$52,768
46Missouri$59,727
47Tennessee$60,699
48Nebraska$65,448
49Iowa$66,698
50South Dakota$58,254
51Mississippi$55,709

Expert opinions on the best states for wealth management advisors

  • Are there any particularly good places in the United States for wealth management advisors to find work opportunities?

    Ann M. EbbertsAnn M. Ebberts LinkedIn profile

    CEO, AGA

    There are over 92,600 government entities across the United States - all of which spend taxpayer dollars and need financial staff/managers/leaders to ensure funds are allocated (and managed) to support the priorities of the government entity. In support of these government entities, there are an estimated 24M employees (as of 2018) supporting federal (civilian and military), state and local governments, and tribal entities.

    With respect to the Federal government, there are an estimated 2.2 million civilians and 1.4 million in the military. Fifteen percent of the federal government works in the Washington Metropolitan area, and the others are spread across the U.S., with Washington D.C., California, Maryland, Texas, and Virginia having the highest concentration of federal workers. The balance of the federal workforce is working in the other 46 states and U.S. territories.
    Interested newcomers to the government can find opportunities across the country.

    The U.S. Bureau of Labor Statistics -see

    "Demand for efficient use of public funds at the state and local levels will lead to continued demand for budget analysts. Although many states are facing budget shortfalls, the employment of these workers should remain steady. Because budget analysts are responsible for managing the allocation of resources, the need for these workers remains even during times of tight budgets."

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