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Financial Planner, Stock Broker Salaries, Advisor Salaries

Financial Planner Salary

The financial planning industry is made up of licensed investment advisers, CPAs, insurance producers, and securities sales agents. In 2010, the U.S. Bureau of Labor Statistics (BLS) published a report showing that all of these fields are expected to see strong job growth in the coming years.


This report showed that investment advisers earned an average of $91,220, and can anticipate job growth of 30% during the next eight years. The field of accounting is expected to see 22% growth, and the certified public accountants that represent the upper echelon of this profession earned an average of $81,290 in 2010. Securities sales agents are expected to see more modest growth of about 9%, and according to the most recent 2010 BLS earnings report, made $95,130 on average. Some of the most enterprising insurance producers have the life insurance and annuity line of authority and provide the public with some of the most reliable financial planning products available. Insurance producers will see steady growth of 12% in the next eight years. Their average salary of $62,520 nationally does not include commissions earned, which can be a very significant component of their yearly take.

Financial Planner Salary Information By State
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Canadian Provinces/Territories

Stockbroker (Securities Sales Agents) Salary

According to the U.S. Bureau of Labor Statistics, the number of jobs available to stockbrokers in the U.S. is expected to grow 9% during the current ten-year period ending 2018. As a sales occupation, compensation for stockbrokers is largely based on commissions and bonuses, so salary figures alone don’t tell the whole story. According to the 2010 U.S. Bureau of Labor Statistics report, the securities and commodity contract intermediation and brokerage industry employed the highest percentage of stockbrokers.


Registered reps working for large brokerage firms earned $111,160 on average, considerably higher than the national average of $95,130 for the profession across all industries. Top earners, within the 75th percentile, made an average of $124,450 that year, the majority of which were in New York and California, where the average salaries were $129,620 and $103,430 respectively. Top paying industries and corresponding average salaries for stockbrokers:

  • Management, scientific, and technical consulting services: $149,040
  • Electric power generation, transmission, and distribution: $116,440
  • Other financial investment activities: $115,790
  • Securities and commodity contracts intermediation and brokerage: $111,160 (27.38% of employment within this industry is in this particular category.)
  • Wholesale electronic markets and agents and brokers: $110,830
Stockbroker Salary Information By State
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Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
District of Columbia
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Canadian Provinces/Territories

Financial Advisor Salary

Employment for personal financial advisors is expected to grow by an astounding 30% during the current ten-year period ending 2018. According to the U.S. Bureau of Labor Statistics, the national average salary for these registered investment advisers was $91,220 in 2010, while top earners, within the 75th percentile, made an average of $111,990.


As fee-only and fee-based advisors generally charge a percentage for total client assets under management, independent advisors often make considerably more than those earning salaries as employees of large investment advisory firms. Around 63% of personal financial advisers work in the insurance and finance industries, while 29% are self-employed. Top paying industries and corresponding average salaries for investment advisers:

  • Other financial investment activities: $111,990
  • Accounting, bookkeeping, tax preparation, and payroll: $107,270
  • Securities and commodity contracts intermediation and brokerage: $105,890
  • Lessors of real estate: $101,150
  • Management, scientific, and technical consulting services: $93,970
Financial Advisor Salary Information By State
usa map Washington Oregon California Nevada Alaska Idaho Utah Arizona Montana Wyoming Colorado New Mexico Texas North Dakota South Dakota Nebraska Kansas Oklahoma Minnesota Iowa Missouri Arkansas Louisiana Wisconsin Illinois Hawaii Mississippi Tennessee Kentucky Indiana Michigan Ohio Alabama Florida Georgia South Carolina North Carolina Virginia Pennsylvania New York West Virginia Maryland Vermont New Hampshire Maine Massachusetts Connecticut New Jersey District of Columbia Delaware New Hampshire Vermont Massachusetts Rhode Island Delaware Maryland Connecticut New Jersey District of Columbia
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
District of Columbia
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Canadian Provinces/Territories