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Alabama Financial Planner Salary

Capella University's Online Finance Degree Programs

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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
Annual mean salary
Birmingham-Hoover, AL
680
$86,410
Columbus, GA-AL
Not Released
$89,490
Huntsville, AL
120
$113,050
Mobile, AL
160
$117,350
Montgomery, AL
130
$120,640
Tuscaloosa, AL
70
$45,650
Southwest Alabama nonmetropolitan area
60
$140,760

 

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
Annual mean salary
Birmingham-Hoover, AL
650
$88,390
Columbus, GA-AL
140
$76,640
Huntsville, AL
110
$97,930
Mobile, AL
170
$80,710
Montgomery, AL
120
$110,590
Tuscaloosa, AL
60
$103,970
Northeast Alabama nonmetropolitan area
50
$51,370
Southwest Alabama nonmetropolitan area
50
$68,940

 

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
Annual mean salary
Anniston-Oxford, AL
70
$44,620
Auburn-Opelika, AL
120
$36,270
Birmingham-Hoover, AL
2,060
$56,400
Columbus, GA-AL
210
Not Released
Decatur, AL
130
$39,350
Dothan, AL
190
$51,950
Florence-Muscle Shoals, AL
170
$57,940
Gadsden, AL
110
$35,580
Huntsville, AL
430
$40,090
Mobile, AL
320
$43,500
Montgomery, AL
430
$49,230
Tuscaloosa, AL
170
$64,130
Northwest Alabama nonmetropolitan area
80
$43,270
Northeast Alabama nonmetropolitan area
290
$45,230
Southwest Alabama nonmetropolitan area
380
$49,960
Southeast Alabama nonmetropolitan area
190
$43,770

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.