Mississippi Financial Planner Salary

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Financial Advisor Salary in Mississippi

 

According to information provided by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS), in 2010 about 480 Mississippians worked as personal financial advisors.

The BLS did not release the estimated annual mean wage for these financial professionals nor were there estimates provided by the Mississippi Department of Economic Security.

Area name
Employment
Annual mean salary
Gulfport-Biloxi, MS
50
$45,770
Jackson, MS
240
Not Released
Memphis, TN-MS-AR
280
$112,100
Northeast Mississippi nonmetropolitan area
70
$67,280

Stockbroker Salary in Mississippi

 

According to the Bureau of Labor Statistics (BLS), in 2010, Mississippi’s securities, commodities, and financial services sales agents (stockbrokers) totaled 2,480. Stockbrokers in the state made an average annual salary of $81,780 that year. Brokers earning salaries in the 75th percentile grossed an average of $90,020 annually, while the top 10 percent earned an average annual wage equal to or greater than $166,400, the maximum figure reported by the BLS.

Area name
Employment
Annual mean salary
Gulfport-Biloxi, MS
Not Released
$49,450
Hattiesburg, MS
30
$82,140
Jackson, MS
170
$78,300
Memphis, TN-MS-AR
790
$110,800
Northeast Mississippi nonmetropolitan area
140
Not Released
Southeast Mississippi nonmetropolitan area
40
Not Released

Life/Annuity Producer Salary in Mississippi

According to the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor, insurance producers in Mississippi, including those with the life/annuity line of authority, numbered 2,480 in 2010. They earned an annual mean wage of $51,460. Those in the top 25 percent earned an average of $60,400, while those in the 90th percentile earned an average of $89,640 annually.

Area name
Employment
Annual mean salary
Gulfport-Biloxi, MS
220
$41,360
Hattiesburg, MS
90
$44,200
Jackson, MS
970
$59,800
Memphis, TN-MS-AR
1,230
$58,450
Pascagoula, MS
70
$47,180
Northeast Mississippi nonmetropolitan area
460
$50,930
Northwest Mississippi nonmetropolitan area
210
$40,640
Southeast Mississippi nonmetropolitan area
200
$47,130
Southwest Mississippi nonmetropolitan area
130
$34,170

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.