Occupational Employment and Wages, May 2013

13-2052 Personal Financial Advisors

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.


National estimates for this occupation
Industry profile for this occupation
Geographic profile for this occupation

National estimates for this occupation: Top

Employment estimate and mean wage estimates for this occupation:

Employment (1) Employment
RSE (3)
Mean hourly
wage
Mean annual
wage (2)
Wage RSE (3)
183,420 1.6 % $48.04 $99,920 1.2 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median)
75% 90%
Hourly Wage $15.96 $23.75 $36.21 $59.94 (5)
Annual Wage (2) $33,190 $49,410 $75,320 $124,680 (5)


Industry profile for this occupation: Top

Industries with the highest published employment and wages for this occupation are provided. For a list of all industries with employment in this occupation, see the Create Customized Tables function.

Industries with the highest levels of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 68,640 17.07 $56.47 $117,460
Securities and Commodity Contracts Intermediation and Brokerage 48,540 10.97 $50.43 $104,900
Depository Credit Intermediation 30,390 1.77 $35.93 $74,730
Nondepository Credit Intermediation 7,050 1.19 $32.95 $68,530
Management of Companies and Enterprises 5,950 0.28 $44.57 $92,700

Industries with the highest concentration of employment in this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 68,640 17.07 $56.47 $117,460
Securities and Commodity Contracts Intermediation and Brokerage 48,540 10.97 $50.43 $104,900
Depository Credit Intermediation 30,390 1.77 $35.93 $74,730
Activities Related to Credit Intermediation 3,430 1.21 $27.62 $57,450
Nondepository Credit Intermediation 7,050 1.19 $32.95 $68,530

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 68,640 17.07 $56.47 $117,460
Securities and Commodity Contracts Intermediation and Brokerage 48,540 10.97 $50.43 $104,900
Securities and Commodity Exchanges (8) (8) $47.71 $99,230
Management of Companies and Enterprises 5,950 0.28 $44.57 $92,700
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 2,760 0.31 $43.49 $90,460


Geographic profile for this occupation: Top

States and areas with the highest published employment, location quotients, and wages for this occupation are provided. For a list of all areas with employment in this occupation, see the Create Customized Tables function.





States with the highest employment level in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 24,980 2.89 2.09 $64.00 $133,110
California 20,380 1.39 1.00 $48.04 $99,910
Texas 12,640 1.16 0.84 $42.45 $88,310
Illinois 11,300 1.98 1.43 $42.22 $87,820
Florida 11,270 1.51 1.09 $44.42 $92,390




States with the highest concentration of jobs and location quotients in this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 24,980 2.89 2.09 $64.00 $133,110
Connecticut 4,330 2.64 1.91 $65.71 $136,680
Delaware 960 2.32 1.68 $43.20 $89,860
Illinois 11,300 1.98 1.43 $42.22 $87,820
New Hampshire 1,160 1.87 1.35 $40.75 $84,750




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Connecticut 4,330 2.64 1.91 $65.71 $136,680
New York 24,980 2.89 2.09 $64.00 $133,110
Massachusetts 5,970 1.83 1.33 $62.69 $130,400
Georgia 4,950 1.27 0.92 $55.04 $114,470
Tennessee 1,670 0.62 0.45 $54.50 $113,370





Metropolitan areas with the highest employment level in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York-White Plains-Wayne, NY-NJ Metropolitan Division 22,330 4.26 3.08 $65.94 $137,150
Chicago-Joliet-Naperville, IL Metropolitan Division 9,600 2.59 1.88 $43.45 $90,370
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 5,440 1.37 0.99 $43.63 $90,750
Boston-Cambridge-Quincy, MA NECTA Division 4,940 2.82 2.04 $65.93 $137,140
Philadelphia, PA Metropolitan Division 4,400 2.39 1.73 $54.19 $112,720
Atlanta-Sandy Springs-Marietta, GA 4,150 1.80 1.30 $57.36 $119,300
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 3,790 3.63 2.62 $59.68 $124,140
Dallas-Plano-Irving, TX Metropolitan Division 3,740 1.74 1.26 $50.82 $105,710
Minneapolis-St. Paul-Bloomington, MN-WI 3,560 1.99 1.44 $44.19 $91,910
Santa Ana-Anaheim-Irvine, CA Metropolitan Division 3,390 2.33 1.69 $48.38 $100,640




Metropolitan areas with the highest concentration of jobs and location quotients in this occupation:

Metropolitan area Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
Bridgeport-Stamford-Norwalk, CT 2,960 7.04 5.09 $69.36 $144,270
Nashua, NH-MA NECTA Division 810 6.15 4.44 $38.33 $79,730
New York-White Plains-Wayne, NY-NJ Metropolitan Division 22,330 4.26 3.08 $65.94 $137,150
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 3,790 3.63 2.62 $59.68 $124,140
Boston-Cambridge-Quincy, MA NECTA Division 4,940 2.82 2.04 $65.93 $137,140
Charlotte-Gastonia-Rock Hill, NC-SC 2,380 2.72 1.97 $51.48 $107,070
Wilmington, DE-MD-NJ Metropolitan Division 880 2.71 1.96 $43.15 $89,760
Trenton-Ewing, NJ 560 2.61 1.88 $49.75 $103,470
Chicago-Joliet-Naperville, IL Metropolitan Division 9,600 2.59 1.88 $43.45 $90,370
Appleton, WI 290 2.55 1.84 $27.02 $56,200