New Mexico Financial Planner Salary

Financial Advisor Salary in New Mexico

 

Personal financial advisors in New Mexico numbered 450 in May 2010 according to data supplied by the Bureau of Labor Statistics (BLS) of the U.S. Department of Labor.

The average annual salary of these advisors that year was $52,260, with agents in the 75th percentile making an average $53,730 annually, and those in the 90th percentile earning $112,000 per year on average.

Area name
Employment
Annual mean salary
Albuquerque, NM
240
$50,510
Farmington NM
30
$45,510
Santa Fe, NM
90
$72,450

Stockbroker Salary in New Mexico

 

According to the U.S. Department of Labor’s Bureau of Labor Statistics, stockbrokers in New Mexico totaled 490 in 2010. These financial professionals earned an average annual salary of $94,780. Broker-dealer agents in New Mexico’s 75th percentile made about $122,870. Those in the 90th percentile earned salaries equal to or greater than $166,400 per year, meaning it exceeded the Bureau’s reporting ceiling. The Santa Fe area of New Mexico is one of the highest paying metropolitan areas for stockbrokers in the country. Here they make an average annual salary of $122,720.

Area name
Employment
Annual mean salary
Albuquerque, NM
270
$83,590
Santa Fe, NM
110
$122,720
Eastern New Mexico nonmetropolitan area
80
Not Released

Life/Annuity Producer Salary in New Mexico

According to the U.S. Department of Labor’s Bureau of Labor Statistics, New Mexico was home to 1,240 insurance sales agents in 2010. These agents earned an average annual salary of $47,830. Agents earning salaries in the 75th percentile made an average of $53,550 per year, while those in the 90th percentile were paid $85,120 on average.

Area name
Employment
Annual mean salary
Albuquerque, NM
580
$55,320
Farmington, NM
50
$53,870
Las Cruces, NM
120
$36,690
Santa Fe, NM
120
$53,010
North and West Central New Mexico nonmetropolitan area
110
$37,020
Eastern New Mexico nonmetropolitan area
200
$37,830
Southwestern New Mexico nonmetropolitan area
40
$27,880

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.