California Financial Planner Salary

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Financial Advisor Salary in California

The U.S. Bureau of Labor Statistics (BLS) reported in 2010 that 21,890 personal financial advisors were employed in California, ranking the state second in the U.S. in terms of highest concentration of advisors. The average annual salary among these advisors was $89,770.

The area of the state where these professionals earned the highest average salary was the San Francisco-San Mateo-Redwood City area, where they earned $151,470. Advisors earning in California’s 75th percentile made an average of $110,470, while those earning in the 90th percentile made an average higher than the BLS reporting ceiling of $166,400 annually.

Area name
Employment
Annual mean salary
Bakersfield, CA
200
$72,010
Chico CA
Not Available
$60,790
Fresno CA
300
$71,780
Los Angeles-Long Beach-Glendale CA Metropolitan Division
5,990
$72,870
Los Angeles-Long Beach-Santa Ana CA
8,540
$76,650
Modesto CA
100
$66,130
Napa CA
30
Not Available
Oakland-Fremont-Hayward CA Metropolitan Division
1,120
$71,520
Oxnard-Thousand Oaks-Ventura CA
240
$99,870
Riverside-San Bernardino-Ontario CA
900
$62,280
Sacramento--Arden-Arcade--Roseville CA
2,040
$64,690
Salinas CA
180
$72,000
San Diego-Carlsbad-San Marcos CA
1,700
$79,620
San Francisco-Oakland-Fremont CA
5,170
$134,090
San Francisco-San Mateo-Redwood City CA Metropolitan Division
4,050
$151,470
San Jose-Sunnyvale-Santa Clara CA
1,320
$102,440
San Luis Obispo-Paso Robles CA
130
$58,240
Santa Ana-Anaheim-Irvine CA Metropolitan Division
2,550
$85,540
Santa Barbara-Santa Maria-Goleta CA
250
$78,080
Santa Cruz-Watsonville CA
60
$61,940
Santa Rosa-Petaluma CA
180
$74,680
Stockton CA
100
$57,410
Vallejo-Fairfield CA
Not Available
$40,330
Visalia-Porterville CA
90
$48,180
North Coast Region of California nonmetropolitan area
50
$76,100
Northern Mountains Region of California nonmetropolitan area
Not Available
$78,280

Stockbroker Salary in California

Stockbrokers in California numbered 27,180 in 2010, ranking the state second in the country in terms of highest employment concentration of stockbrokers. The annual mean wage for a California stockbroker was $103,430. Stockbrokers working in the Los Angeles-Long Beach-Glendale area made more, at $112,440; and those in the San Francisco-San Mateo-Redwood City area earned even more, at $139,730. Stockbrokers in California earning salaries in the 75th percentile averaged $138,100 annually, while those earning in the 90th percentile made average salaries higher than $166,400 annually.

Area name
Employment
Annual mean salary
Bakersfield, CA
130
$92,020
Chico, CA
130
$77,930
Fresno, CA
220
$88,970
Los Angeles-Long Beach-Glendale, CA Metropolitan Division
7,920
$112,440
Los Angeles-Long Beach-Santa Ana, CA
10,950
$106,620
Merced, CA
50
Not Released
Modesto, CA
100
$74,910
Napa, CA
130
$87,780
Oakland-Fremont-Hayward, CA Metropolitan Division
1,720
$105,440
Oxnard-Thousand Oaks-Ventura, CA
490
$87,230
Redding, CA
100
$61,140
Riverside-San Bernardino-Ontario, CA
840
$72,100
Sacramento--Arden-Arcade--Roseville, CA
1,740
$57,810
Salinas, CA
250
$83,410
San Diego-Carlsbad-San Marcos, CA
2,410
$86,740
San Francisco-Oakland-Fremont, CA
6,620
$130,810
San Francisco-San Mateo-Redwood City, CA Metropolitan Division
4,900
$139,730
San Jose-Sunnyvale-Santa Clara, CA
1,390
$93,640
San Luis Obispo-Paso Robles, CA
130
$109,140
Santa Ana-Anaheim-Irvine, CA Metropolitan Division
3,040
$91,450
Santa Barbara-Santa Maria-Goleta, CA
210
$104,940
Santa Cruz-Watsonville, CA
140
$94,820
Santa Rosa-Petaluma, CA
240
$103,340
Stockton, CA
190
$78,990
Vallejo-Fairfield, CA
70
$62,830
Visalia-Porterville, CA
80
$101,100
Yuba City, CA
40
$67,190
North Coast Region of California nonmetropolitan area
50
$75,710
North Valley Region of California nonmetropolitan area
Not Released
$37,960
Northern Mountains Region of California nonmetropolitan area
50
$92,360

Life/Annuity Producer Salary in California

There were 22,690 insurance sales agents employed in California in 2010. At $77,920, their average annual salary was the third highest in the country. Insurance agents working in the Oakland-Fremont-Hayward area earned the highest average salary in the state, at $116,410 annually, and agents in the San Francisco-San Mateo-Redwood City area averaged $90,100 annually. In the Fresno area, insurance producers earned an average of $89,150 annually. Agents in California earning salaries in the 75th percentile averaged $89, 200 per year, while those in the 90th percentile earned $147,020 on average annually.

Area name
Employment
Annual mean salary
Bakersfield, CA
180
$58,560
Chico CA
130
$51,000
El Centro, CA
50
$77,370
Fresno, CA
590
$89,150
Hanford-Corcoran, CA
30
$55,340
Los Angeles-Long Beach-Glendale, CA Metropolitan Division
5,790
$64,950
Los Angeles-Long Beach-Santa Ana, CA
8,970
$71,850
Merced, CA
100
$41,100
Modesto, CA
300
$65,400
Napa, CA
70
$65,190
Oakland-Fremont-Hayward, CA Metropolitan Division
1,630
$116,410
Oxnard-Thousand Oaks-Ventura, CA
560
$78,020
Redding, CA
150
$50,590
Riverside-San Bernardino-Ontario, CA
1,000
$69,540
Sacramento--Arden-Arcade--Roseville, CA
1,790
$78,410
Salinas, CA
120
$57,480
San Diego-Carlsbad-San Marcos, CA
2,250
$79,860
San Francisco-Oakland-Fremont CA
3,700
$101,680
San Francisco-San Mateo-Redwood City, CA Metropolitan Division
2,070
$90,100
San Jose-Sunnyvale-Santa Clara, CA
940
$80,890
San Luis Obispo-Paso Robles CA
110
$79,120
Santa Ana-Anaheim-Irvine, CA Metropolitan Division
3,180
$84,440
Santa Barbara-Santa Maria-Goleta, CA
190
$60,850
Santa Cruz-Watsonville, CA
90
$82,470
Santa Rosa-Petaluma, CA
300
$73,490
Stockton, CA
270
$73,370
Vallejo-Fairfield, CA
210
$60,500
Visalia-Porterville, CA
120
$61,410
Yuba City, CA
50
$44,630
Mother Lode Region of California nonmetropolitan area
50
$64,880
North Coast Region of California nonmetropolitan area
130
$61,540
North Valley Region of California nonmetropolitan area
40
$81,860
Northern Mountains Region of California nonmetropolitan area
90
$44,350

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.