Tennessee Financial Planner Salary

Financial Advisor Salary in Tennessee

 

According to the U.S. Bureau of Labor Statistics, there were 1,030 personal financial advisors working in Tennessee in 2010 making an average annual salary of $96,390. Personal financial advisors earning salaries in Tennessee’s 75th percentile made an average annual wage of $114,460.

Those earning salaries in Tennessee’s 90th percentile made annual wages beyond the BLS reporting ceiling, meaning it was equal to or greater than $166,400 per year.

Area name
Employment
Annual mean salary
Chattanooga, TN-GA
Not Released
$108,330
Knoxville, TN
170
$87,300
Memphis, TN-MS-AR
280
$112,100
Nashville-Davidson--Murfreesboro--Franklin, TN
410
$86,590

Stockbroker Salary in Tennessee

 

The U.S. Department of Labor’s Bureau of Labor Statistics (BLS) reported in 2010 that there were 2,660 securities, commodities, and financial services sales agents working in Tennessee. The annual mean wage of these broker-dealer agents that year was $86,380. Those earning salaries in Tennessee’s 75th percentile made an average of $107,030 yearly.

Area name
Employment
Annual mean salary
Chattanooga, TN-GA
140
$70,260
Johnson City, TN
70
$76,020
Kingsport-Bristol-Bristol, TN-VA
80
$113,600
Knoxville, TN
290
$80,460
Memphis, TN-MS-AR
790
$110,800
Nashville-Davidson--Murfreesboro--Franklin, TN
960
$71,730
Western Tennessee nonmetropolitan area
30
$41,140
South Central Tennessee nonmetropolitan area
60
$88,270
North Central Tennessee nonmetropolitan area
Not Released
$78,300

Life/Annuity Producer Salary in Tennessee

According to the U.S. Bureau of Labor Statistics, Tennessee was home to 5,890 insurance sales agents in 2010 (some being known as financial planners as they sold annuities and life insurance). These agents earned an average annual salary of $56,270. Agents earning salaries in the 75th percentile earned $60,890 annually on average, while those earning in the 90th percentile averaged $95,540 per year.

Area name
Employment
Annual mean salary
Chattanooga, TN-GA
340
$51,800
Clarksville, TN-KY
100
$41,940
Cleveland, TN
Not Released
$44,410
Jackson, TN
150
$42,360
Johnson City, TN
110
$34,250
Kingsport-Bristol-Bristol, TN-VA
250
$50,940
Knoxville, TN
660
$67,810
Memphis, TN-MS-AR
1,230
$58,450
Nashville-Davidson--Murfreesboro--Franklin, TN
2,470
$60,070
Western Tennessee nonmetropolitan area
220
$32,760
South Central Tennessee nonmetropolitan area
190
$49,340
North Central Tennessee nonmetropolitan area
70
$40,140
Eastern Tennessee nonmetropolitan area
200
$40,490

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.