Occupational Employment and Wages, May 2015

13-2052 Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
197,580 1.5 % $56.76 $118,050 1.0 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $18.89 $27.49 $42.86 $73.71 (5)
Annual Wage (2) $39,300 $57,190 $89,160 $153,320 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 73,230 16.60 $60.37 $125,580
Securities and Commodity Contracts Intermediation and Brokerage 60,340 13.51 $62.82 $130,670
Depository Credit Intermediation 30,270 1.84 $44.90 $93,390
Management of Companies and Enterprises 7,170 0.32 $51.49 $107,110
Agencies, Brokerages, and Other Insurance Related Activities 6,420 0.61 $50.61 $105,270

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 73,230 16.60 $60.37 $125,580
Securities and Commodity Contracts Intermediation and Brokerage 60,340 13.51 $62.82 $130,670
Depository Credit Intermediation 30,270 1.84 $44.90 $93,390
Securities and Commodity Exchanges 60 1.24 $67.02 $139,410
Nondepository Credit Intermediation 3,990 0.67 $50.64 $105,330

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Securities and Commodity Exchanges 60 1.24 $67.02 $139,410
Securities and Commodity Contracts Intermediation and Brokerage 60,340 13.51 $62.82 $130,670
Other Financial Investment Activities 73,230 16.60 $60.37 $125,580
Other Professional, Scientific, and Technical Services 570 0.09 $55.86 $116,190
Activities Related to Credit Intermediation 1,700 0.59 $52.69 $109,600


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.




States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 26,680 2.97 2.07 $71.37 $148,450
California 22,620 1.46 1.02 $62.75 $130,510
Texas 13,460 1.16 0.81 $51.57 $107,260
Illinois 12,460 2.13 1.49 $52.11 $108,380
Florida 11,470 1.45 1.01 $57.38 $119,350



States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 26,680 2.97 2.07 $71.37 $148,450
Connecticut 4,490 2.70 1.89 $62.87 $130,780
Illinois 12,460 2.13 1.49 $52.11 $108,380
Maryland 4,750 1.83 1.28 $49.11 $102,140
New Jersey 6,360 1.63 1.14 $58.79 $122,290



Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 26,680 2.97 2.07 $71.37 $148,450
New Mexico 430 0.54 0.37 $64.55 $134,270
Maine 340 0.58 0.41 $63.11 $131,260
Connecticut 4,490 2.70 1.89 $62.87 $130,780
California 22,620 1.46 1.02 $62.75 $130,510




Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-Jersey City-White Plains, NY-NJ Metropolitan Division 24,050 3.71 2.59 $72.56 $150,930
Chicago-Naperville-Arlington Heights, IL Metropolitan Division 10,230 2.87 2.00 $53.09 $110,420
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 6,200 1.51 1.05 $61.01 $126,910
Atlanta-Sandy Springs-Roswell, GA 4,580 1.85 1.29 $58.42 $121,510
Boston-Cambridge-Newton, MA NECTA Division 4,180 2.37 1.65 $64.67 $134,510
Dallas-Plano-Irving, TX Metropolitan Division 3,840 1.65 1.15 $59.57 $123,910
San Francisco-Redwood City-South San Francisco, CA Metropolitan Division 3,780 3.71 2.59 $73.60 $153,090
Anaheim-Santa Ana-Irvine, CA Metropolitan Division 3,680 2.42 1.69 $55.47 $115,370
Phoenix-Mesa-Scottsdale, AZ 3,430 1.83 1.28 $39.08 $81,290
Houston-The Woodlands-Sugar Land, TX 3,410 1.16 0.81 $49.72 $103,410