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
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Chattanooga, TN-GA
Not Released
$52.08
$108,330
$41.84
$56.99
Equal to or Greater than $80
$87,020
$118,540
Equal to or Greater than $166,400
Knoxville, TN
170
$41.97
$87,300
$33.71
$45.77
Equal to or Greater than $80
$70,110
$95,210
Equal to or Greater than $166,400
Memphis, TN-MS-AR
280
$53.89
$112,100
$40.48
$58.64
Equal to or Greater than $80
$84,200
$121,970
Equal to or Greater than $166,400
Nashville-Davidson--Murfreesboro--Franklin, TN
410
$41.63
$86,590
$25.84
$54.50
Equal to or Greater than $80
$53,750
$113,360
Equal to or Greater than $166,400
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
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Chattanooga, TN-GA
140
$33.78
$70,260
$14.70
$41.08
Equal to or Greater than $80
$30,570
$85,440
Equal to or Greater than $166,400
Johnson City, TN
70
$36.55
$76,020
$27.00
$47.09
$70.32
$56,170
$97,950
$146,260
Kingsport-Bristol-Bristol, TN-VA
80
$54.62
$113,600
$36.83
Equal to or Greater than $80
Equal to or Greater than $80
$76,610
Equal to or Greater than $166,400
Equal to or Greater than $166,400
Knoxville, TN
290
$38.68
$80,460
$27.93
$44.26
Equal to or Greater than $80
$58,100
$92,050
Equal to or Greater than $166,400
Memphis, TN-MS-AR
790
$53.27
$110,800
$40.15
$70.91
Equal to or Greater than $80
$83,500
$147,490
Equal to or Greater than $166,400
Nashville-Davidson--Murfreesboro--Franklin, TN
960
$34.49
$71,730
$21.66
$40.76
$72.23
$45,050
$84,780
$150,240
Western Tennessee nonmetropolitan area
30
$19.78
$41,140
$14.09
$17.64
$42.82
$29,300
$36,700
$89,060
South Central Tennessee nonmetropolitan area
60
$42.44
$88,270
$35.08
$45.99
Equal to or Greater than $80
$72,970
$95,670
Equal to or Greater than $166,400
North Central Tennessee nonmetropolitan area
Not Released
$37.65
$78,300
$16.67
$46.90
Equal to or Greater than $80
$34,670
$97,560
Equal to or Greater than $166,400
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
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Chattanooga, TN-GA
340
$24.90
$51,800
$17.26
$29.11
$51.30
$35,890
$60,540
$106,700
Clarksville, TN-KY
100
$20.516
$41,940
$17.37
$21.97
$35.25
$36,130
$45,700
$73,310
Cleveland, TN
Not Released
$21.35
$44,410
$19.11
$27.61
$29.88
$39,750
$57,430
$62,150
Jackson, TN
150
$20.36
$42,360
$14.67
$28.55
$36.25
$30,510
$59,380
$75,400
Johnson City, TN
110
$16.47
$34,250
$16.45
$18.31
$19.56
$34,210
$38,080
$40,680
Kingsport-Bristol-Bristol, TN-VA
250
$24.49
$50,940
$17.54
$27.45
$45.19
$36,480
$57,100
$93,990
Knoxville, TN
660
$32.60
$67,810
$26.27
$35.30
$48.17
$54,640
$73,420
$100,190
Memphis, TN-MS-AR
1,230
$28.10
$58,450
$22.50
$28.91
$53.54
$46,800
$60,140
$111,360
Nashville-Davidson--Murfreesboro--Franklin, TN
2,470
$28.88
$60,070
$22.15
$30.31
$50.69
$46,070
$63,050
$105,420
Western Tennessee nonmetropolitan area
220
$15.75
$32,760
$14.43
$18.62
$21.40
$30,010
$38,730
$44,500
South Central Tennessee nonmetropolitan area
190
$23.72
$49,340
$20.38
$28.14
$44.14
$42,380
$58,530
$91,810
North Central Tennessee nonmetropolitan area
70
$19.30
$40,140
$15.40
$18.67
$39.31
$32,040
$38,840
$81,770
Eastern Tennessee nonmetropolitan area
200
$19.47
$40,490
$17.02
$19.37
$30.09
$35,400
$40,280
$62,600
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.
