Financial Advisor Salary in Texas
According to the U.S. Bureau of Labor Statistics, personal financial advisors in Texas numbered 12,180 in 2010. This represented the third-highest number of financial advisors in the nation. Their annual mean wage that year was $78,320.
Advisors working in the Dallas-Plano-Irving area earned $90,750 annually on average. Advisors earning in Texas’ 75th percentile made an annual mean wage of $96,130, while those earning within the 90th percentile made an average salary of $165,110.
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
Austin-Round Rock, TX
890
$39.78
$82,750
$23.30
$47.21
Equal to or Greater than $80
$48,450
$98,200
Equal to or Greater than $166,400
Beaumont-Port Arthur, TX
70
$36.51
$75,940
$28.66
$46.84
$64.27
$59,600
$97,430
$133,670
Brownsville-Harlingen, TX
120
$21.20
$44,100
$14.60
$19.42
$30.95
$30,380
$40,390
$64,370
College Station-Bryan, TX
40
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Corpus Christi, TX
70
$31.58
$65,680
$29.54
$42.50
$49.85
$61,450
$88,400
$103,690
Dallas-Fort Worth-Arlington, TX
4,360
$43.22
$89,890
$29.77
$55.32
Equal to or Greater than $80
$61,920
$115,070
Equal to or Greater than $166,400
Dallas-Plano-Irving, TX Metropolitan Division
3,320
$43.63
$90,750
$30.25
$56.15
Equal to or Greater than $80
$62,930
$116,780
Equal to or Greater than $166,400
El Paso, TX
130
$27.18
$56,540
$17.82
$27.29
$52.39
$37,070
$56,750
$108,980
Fort Worth-Arlington, TX Metropolitan Division
1,040
$41.89
$87,130
$28.29
$50.33
Equal to or Greater than $80
$58,850
$104,690
Equal to or Greater than $166,400
Houston-Sugar Land-Baytown, TX
3,120
$35.91
$74,700
$29.51
$43.84
$67.63
$61,380
$91,180
$140,670
Lubbock, TX
80
$32.20
$66,970
$19.67
$37.03
$72.73
$40,910
$77,020
$151,270
McAllen-Edinburg-Mission, TX
160
$25.34
$52,700
$17.52
$23.54
$43.28
$36,440
$48,960
$90,010
Midland, TX
50
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
San Antonio, TX
1,490
$33.16
$68,980
$29.09
$48.47
$55.09
$60,500
$100,820
$114,580
Tyler, TX
90
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Waco, TX
140
$23.30
$48,470
$16.37
$32.47
$47.47
$34,040
$67,550
$98,740
Wichita Falls, TX
40
$38.51
$80,100
$31.67
$42.26
$77.86
$65,870
$87,900
$161,940
Northwestern Texas nonmetropolitan area
130
$22.24
$46,250
$19.84
$28.08
$34.43
$41,270
$58,410
$71,610
North Central Texas nonmetropolitan area
70
$30.46
$63,370
$29.13
$41.85
$55.20
$60,580
$87,040
$114,810
Central Texas nonmetropolitan area
140
$20.61
$42,870
$19.21
$23.22
$31.11
$39,960
$48,300
$64,710
Gulf Coast Texas nonmetropolitan area
90
$22.21
$46,200
$17.73
$25.01
$33.82
$36,870
$52,020
$70,340
Stockbroker Salary in Texas
At 25,600, Texas was home to the third-highest number of securities, commodities and financial services sales agents in the nation in 2010, according to the U.S. Bureau of Labor Statistics. Their average salary that year was $82,360. Areas that paid higher than average included the Houston-Sugar Land-Baytown area at $101,540, the Dallas-Plano-Irving area at $84,420, and the Eastern Texas nonmetropolitan area at $104,320. Texas securities agents earning salaries in the 75th percentile made $100,240 on average. Those earning within the 90th percentile made an annual mean wage above or equal to $166,400 annually, producing a figure higher than the Bureau’s reporting ceiling.
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
Abilene, TX
70
$41.87
$87,080
$38.63
$55.30
$72.45
$80,340
$115,030
$150,690
Amarillo, TX
120
$47.56
$98,930
$40.71
$57.45
Equal to or Greater than $80
$84,670
$119,500
Equal to or Greater than $166,400
Austin-Round Rock, TX
2,010
$28.79
$59,890
$19.89
$35.79
$54.16
$41,360
$74,450
$112,650
Beaumont-Port Arthur, TX
150
$40.08
$83,380
$32.93
$53.09
$61.68
$68,490
$110,420
$128,300
Brownsville-Harlingen, TX
60
$29.69
$61,760
$21.57
$42.32
$65.03
$44,870
$88,020
$135,270
College Station-Bryan, TX
80
$33.54
$69,750
$21.97
$37.45
$55.63
$45,690
$77,890
$115,700
Corpus Christi, TX
160
$36.05
$74,980
$18.20
$43.23
Equal to or Greater than $80
$37,850
$89,920
Equal to or Greater than $166,400
Dallas-Fort Worth-Arlington, TX
9,780
$38.02
$79,070
$27.00
$44.87
Equal to or Greater than $80
$56,160
$93,340
Equal to or Greater than $166,400
Dallas-Plano-Irving, TX Metropolitan Division
7,430
$40.60
$84,240
$31.06
$48.13
Equal to or Greater than $80
$64,610
$100,120
Equal to or Greater than $166,400
El Paso, TX
400
$31.63
$65,790
$18.00
$33.34
$65.43
$37,450
$69,340
$136,090
Fort Worth-Arlington, TX Metropolitan Division
2,350
$30.17
$62,750
$20.05
$33.31
$61.09
$41,700
$69,280
$127,060
Houston-Sugar Land-Baytown, TX
7,970
$48.82
$101,540
$29.09
$68.01
Equal to or Greater than $80
$60,500
$141,460
Equal to or Greater than $166,400
Killeen-Temple-Fort Hood, TX
60
$39.26
$81,650
$36.62
$43.15
Equal to or Greater than $80
$76,160
$89,750
Equal to or Greater than $166,400
Laredo, TX
50
$30.96
$64,400
$15.43
$26.06
Equal to or Greater than $80
$32,090
$54,200
Equal to or Greater than $166,400
Longview, TX
100
$40.12
$83,440
$17.73
$53.11
Equal to or Greater than $80
$36,880
$110,470
Equal to or Greater than $166,400
Lubbock, TX
400
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
McAllen-Edinburg-Mission, TX
Not Released
$23.67
$49,240
$15.57
$21.04
$44.69
$132,380
$43,750
$92,950
Midland, TX
70
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Odessa, TX
60
$39.88
$82,940
$23.23
$52.41
Equal to or Greater than $80
$48,320
$109,010
Equal to or Greater than $166,400
San Antonio, TX
2,170
$33.11
$68,870
$25.54
$39.68
$60.97
$53,130
$82,530
$126,820
Sherman-Denison, TX
Not Released
$45.71
$95,070
$38.77
$59.21
$72.96
$80,640
$123,150
$151,760
Texarkana-Texarkana, TX-AR
Not Released
$43.32
$90,110
$36.25
$57.53
$75.15
$75,410
$119,660
$156,320
Tyler, TX
100
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Victoria, TX
40
$36.17
$75,240
$36.61
$45.55
$54.41
$76,160
$94,750
$113,180
Waco, TX
240
$24.55
$51,070
$16.15
$25.74
$46.75
$33,590
$53,550
$97,250
Wichita Falls, TX
Not Released
$22.33
$46,440
$16.63
$19.44
$59.07
$34,590
$40,440
$122,860
Northwestern Texas nonmetropolitan area
100
$46.35
$96,410
$18.53
Equal to or Greater than $80
Equal to or Greater than $80
$38,540
Equal to or Greater than $166,400
Equal to or Greater than $166,400
North Central Texas nonmetropolitan area
Not Released
$23.17
$48,200
$17.14
$26.14
$43.66
$35,660
$54,370
$90,820
Eastern Texas nonmetropolitan area
190
$50.15
$104,320
$26.46
$75.72
Equal to or Greater than $80
$55,030
$157,490
Equal to or Greater than $166,400
Central Texas nonmetropolitan area
160
$44.77
$93,130
$41.75
$58.37
Equal to or Greater than $80
$86,840
$121,420
Equal to or Greater than $166,400
Gulf Coast Texas nonmetropolitan area
150
$22.12
$46,010
$17.50
$21.55
$42.55
$36,390
$44,820
$88,510
Life/Annuity Producer Salary in Texas
Per 2010 data provided by the U.S. Department of Labor’s Bureau of Labor Statistics (BLS), Texas had the second-highest number of insurance sales agents in the country at 25,160. The mean wage of a Texas insurance agent that year was $57,240. Top paying areas of the state included the Dallas-Plano-Irving area, where the mean wage for insurance agents was $58,810; and the Houston-Sugar Land-Baytown area, where the mean annual wage was $66,460. Insurance agents earning salaries in Texas’ 75th percentile made an annual mean wage of $61,100; while those earning in the 90th percentile made an average of $116,020 annually.
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
Abilene, TX
220
$21.38
$44,460
$15.31
$24.95
$43.18
$31,840
$51,900
$89,820
Amarillo, TX
200
$22.85
$47,520
$18.40
$22.90
$35.53
$38,270
$47,640
$73,910
Austin-Round Rock, TX
1,980
$29.56
$61,480
$18.41
$28.61
$70.97
$38,300
$59,510
$147,620
Beaumont-Port Arthur, TX
110
$37.22
$77,420
$35.00
$40.51
$44.35
$72,800
$84,260
$92,250
Brownsville-Harlingen, TX
520
$14.62
$30,410
$13.06
$16.09
$25.12
$27,170
$33,460
$52,250
College Station-Bryan, TX
60
$32.87
$68,360
$21.97
$39.98
$71.65
$45,700
$83,170
$149,040
Corpus Christi, TX
460
$20.85
$43,360
$17.47
$22.87
$22.86
$36,330
$47,560
$59,610
Dallas-Fort Worth-Arlington, TX
9,050
$29.90
$62,200
$21.02
$32.44
$59.19
$43,730
$67,470
$123,120
Dallas-Plano-Irving, TX Metropolitan Division
7,280
$28.27
$58,810
$20.80
$30.93
$52.42
$43,260
$64,320
$109,020
El Paso, TX
620
$17.39
$36,170
$13.29
$19.10
$29.24
$27,640
$39,740
$60,820
Fort Worth-Arlington, TX Metropolitan Division
1,770
$36.60
$76,140
$23.61
$43.97
Equal to or Greater than $80
$49,110
$91,450
Equal to or Greater than $166,400
Houston-Sugar Land-Baytown, TX
5,310
$31.95
$66,460
$18.20
$33.84
$75.77
$37,850
$70,390
$157,600
Killeen-Temple-Fort Hood, TX
180
$16.80
$34,930
$13.66
$18.36
$27.79
$28,410
$38,190
$57,800
Laredo, TX
150
$28.82
$59,950
$15.70
$21.93
Equal to or Greater than $80
$32,660
$45,610
Equal to or Greater than $166,400
Longview, TX
160
$18.34
$38,150
$13.36
$15.23
$31.38
$27,790
$31,690
$65,260
Lubbock, TX
470
$34.33
$71,400
$22.00
$41.30
Equal to or Greater than $80
$45,760
$85,910
Equal to or Greater than $166,400
McAllen-Edinburg-Mission, TX
370
$19.93
$41,450
$16.59
$20.54
$27.09
$34,520
$42,720
$56,350
Midland, TX
160
$26.64
$55,410
$21.90
$36.38
$43.39
$45,550
$75,670
$90,250
Odessa, TX
Not Released
$24.40
$50,750
$18.50
$22.35
$44.06
$38,480
$46,490
$91,630
San Angelo, TX
Not Released
$16.45
$34,220
$16.93
$20.66
$22.65
$35,220
$42,970
$47,100
San Antonio, TX
Not Released
$21.99
$45,740
$16.45
$22.10
$40.14
$34,220
$45,960
$83,490
Texarkana-Texarkana, TX-AR
130
$26.90
$55,940
$18.05
$22.32
$48.75
$37,540
$46,430
$101,390
Tyler, TX
250
$22.78
$47,380
$14.13
$24.70
$52.60
$29,400
$51,370
$109,400
Victoria, TX
100
$27.59
$57,390
$20.05
$24.76
$70.61
$41,710
$51,500
$146,870
Waco, TX
230
$19.83
$41,240
$16.44
$18.48
$26.65
$34,200
$38,430
$55,430
Wichita Falls, TX
110
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Northwestern Texas nonmetropolitan area
450
$18.92
$39,360
$15.66
$25.25
$32.26
$32,570
$52,520
$67,100
North Central Texas nonmetropolitan area
250
$13.46
$27,990
$12.90
$15.71
$18.64
$26,830
$32,670
$38,760
Eastern Texas nonmetropolitan area
430
$24.50
$50,960
$14.85
$24.85
$63.63
$30,890
$51,680
$132,350
Central Texas nonmetropolitan area
370
$27.25
$56,670
$17.89
$26.10
$55.89
$37,210
$54,290
$116,250
Gulf Coast Texas nonmetropolitan area
300
$20.30
$42,220
$17.67
$25.10
$29.56
$36,750
$52,200
$61,490
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.
