Financial Advisor Salary in Alabama
In 2010, personal financial advisors in Alabama numbered 1,320, according to information provided by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor. The annual mean wage of personal financial advisors in Alabama that year was $97,230, while those earning in the 75th percentile made an average of $130,730 annually.
Salary statistics for Alabama’s personal financial advisors earning in the 90th percentile was beyond the BLS reporting ceiling, meaning it was in excess of $166,400 a year. The 60 personal financial advisors working in the Southwest Alabama nonmetropolitan area earned a higher than average mean annual wage, at $140,760.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Birmingham-Hoover, AL
680
$41.54
$86,410
$29.13
$58.17
Equal to or Greater than $80
$60,590
$120,990
Equal to or Greater than $166,400
Columbus, GA-AL
Not Released
$43.03
$89,490
$48.25
$54.04
$57.91
$100,360
$112,400
$120,450
Huntsville, AL
120
$54.35
$113,050
$44.06
Equal to or Greater than $80
Equal to or Greater than $80
$91,650
Equal to or Greater than $166,400
Equal to or Greater than $166,400
Mobile, AL
160
$56.42
$117,350
$47.72
Equal to or Greater than $80
Equal to or Greater than $80
$99,260
Equal to or Greater than $166,400
Equal to or Greater than $166,400
Montgomery, AL
130
$58.00
$120,640
$51.71
$68.70
Equal to or Greater than $80
$107,570
$142,900
Equal to or Greater than $166,400
Tuscaloosa, AL
70
$21.95
$45,650
$17.38
$23.00
$41.46
$36,150
$47,840
$86,240
Southwest Alabama nonmetropolitan area
60
$67.67
$140,760
$45.82
Equal to or Greater than $80
Equal to or Greater than $80
$95,300
Equal to or Greater than $166,400
Equal to or Greater than $166,400
Stockbroker Salary in Alabama
According to the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor, there were 1,350 securities, commodities and financial services sales representatives working in Alabama in 2010, making an annual mean wage of $86,340. Registered representatives in the state earning within the 75th percentile made an average of $110,480 per year. Those earning in the 90th percentile made wages higher than the BLS reporting ceiling, meaning that annual wages were equivalent to or higher than $166,400 annually.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Birmingham-Hoover, AL
650
$42.50
$88,390
$36.37
$54.88
$79.71
$75,660
$114,150
$165,790
Columbus, GA-AL
140
$36.85
$76,640
$24.99
$42.21
$62.86
$51,970
$87,800
$130,750
Huntsville, AL
110
$47.08
$97,930
$30.92
$50.24
Equal to or Greater than $80
$64,310
$104,500
Equal to or Greater than $166,400
Mobile, AL
170
$38.80
$80,710
$27.07
$48.00
$77.17
$56,300
$99,840
$160,520
Montgomery, AL
120
$53.17
$110,590
$38.30
$75.00
Equal to or Greater than $80
$79,670
$156,010
Equal to or Greater than $166,400
Tuscaloosa, AL
60
$49.99
$103,970
$37.15
$66.68
Equal to or Greater than $80
$77,270
$138,700
Equal to or Greater than $166,400
Northeast Alabama nonmetropolitan area
50
$24.70
$51,370
$21.15
$31.30
$48.72
$43,990
$65,110
$101,330
Southwest Alabama nonmetropolitan area
50
$33.14
$68,940
$26.30
$35.71
$63.04
$54,690
$74,270
$131,120
Life/Annuity Producer Salary in Alabama
According to the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor, 5,170 insurance sales agents were employed in Alabama in 2010, many of whom sold fixed annuities along with life insurance. Insurance sales agents in the state earned an annual mean wage of $50,460. Insurance sales agents earning in the 75th percentile made about $58,780 per year, while those earning in the 90th percentile averaged $89,710 annually.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Anniston-Oxford, AL
70
$21.45
$44,620
$19.37
$26.41
$30.69
$40,280
$54,930
$63,840
Auburn-Opelika, AL
120
$17.44
$36,270
$14.83
$19.03
$22.18
$30,850
$39,580
$46,130
Birmingham-Hoover, AL
2,060
$27.12
$56,400
$21.62
$30.82
$50.53
$44,970
$64,100
$105,110
Columbus, GA-AL
210
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Decatur, AL
130
$18.92
$39,350
$14.42
$22.46
$35.58
$29,970
$46,720
$74,000
Dothan, AL
190
$24.98
$51,950
$19.14
$26.56
$62.01
$39,800
$55,240
$128,980
Florence-Muscle Shoals, AL
170
$27.85
$57,940
$21.19
$32.53
$53.24
$44,080
$67,650
$110,740
Gadsden, AL
110
$17.11
$35,580
$16.06
$21.18
$24.77
$33,410
$44,060
$51,530
Huntsville, AL
430
$19.27
$40,090
$16.85
$22.71
$32.56
$35,050
$47,240
$67,720
Mobile, AL
320
$20.92
$43,500
$13.48
$20.40
$40.10
$28,040
$42,440
$83,400
Montgomery, AL
430
$23.67
$49,230
$18.25
$26.58
$41.87
$37,960
$55,290
$87,090
Tuscaloosa, AL
170
$30.83
$64,130
$27.19
$35.01
$55.28
$56,550
$72,980
$114,240
Northwest Alabama nonmetropolitan area
80
$20.80
$43,270
$20.94
$27.19
$29.44
$43,560
$56,550
$61,240
Northeast Alabama nonmetropolitan area
290
$21.75
$45,230
$21.38
$30.52
$36.05
$44,470
$63,480
$74,980
Southwest Alabama nonmetropolitan area
380
$24.02
$49,960
$20.10
$27.54
$45.83
$41,800
$57,290
$95,330
Southeast Alabama nonmetropolitan area
190
$21.05
$43,770
$18.93
$22.58
$33.89
$39,370
$46,960
$70,500
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.
