Occupational Employment and Wages, May 2010

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)
155,360 1.6 % $43.85 $91,220 1.5 %

Percentile wage estimates for this occupation:

Percentile 10% 25% 50%
(Median) 		75% 90%
Hourly Wage $15.70 $20.24 $31.13 $53.84 (5)
Annual Wage (2) $32,660 $42,100 $64,750 $111,990 (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 53,820 16.15 $51.69 $107,520
Securities and Commodity Contracts Intermediation and Brokerage 38,190 8.34 $50.91 $105,890
Agencies, Brokerages, and Other Insurance Related Activities 3,530 0.41 $43.82 $91,140
Nondepository Credit Intermediation 3,290 0.58 $36.95 $76,850
Management of Companies and Enterprises 3,150 0.17 $37.89 $78,810

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 53,820 16.15 $51.69 $107,520
Securities and Commodity Contracts Intermediation and Brokerage 38,190 8.34 $50.91 $105,890
Other Investment Pools and Funds 1,910 4.99 $44.73 $93,040
Insurance and Employee Benefit Funds 870 2.00 $42.53 $88,460
Nondepository Credit Intermediation 3,290 0.58 $36.95 $76,850

Top paying industries for this occupation:

Industry Employment (1) Percent of industry employment Hourly mean wage Annual mean wage (2)
Other Financial Investment Activities 53,820 16.15 $51.69 $107,520
Accounting, Tax Preparation, Bookkeeping, and Payroll Services 2,390 0.28 $51.57 $107,270
Securities and Commodity Contracts Intermediation and Brokerage 38,190 8.34 $50.91 $105,890
Lessors of Real Estate 70 0.01 $48.63 $101,150
Management, Scientific, and Technical Consulting Services 2,990 0.30 $45.18 $93,970

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 23,500 2.82 2.30 $65.53 $136,310
California 21,890 1.56 1.28 $43.16 $89,770
Texas 12,180 1.21 0.99 $37.65 $78,320
Florida 11,430 1.61 1.32 $32.81 $68,240
Illinois 6,860 1.24 1.02 $38.69 $80,470




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 23,500 2.82 2.30 $65.53 $136,310
Connecticut 3,210 2.01 1.64 $57.58 $119,770
Delaware 780 1.97 1.61 $39.87 $82,930
Massachusetts 5,490 1.76 1.44 $56.92 $118,400
Utah 1,890 1.65 1.35 $32.43 $67,460




Top paying States for this occupation:

State Employment (1) Employment per thousand jobs Location quotient (9) Hourly mean wage Annual mean wage (2)
New York 23,500 2.82 2.30 $65.53 $136,310
Connecticut 3,210 2.01 1.64 $57.58 $119,770
Massachusetts 5,490 1.76 1.44 $56.92 $118,400
New Jersey 3,140 0.83 0.68 $47.87 $99,560
Pennsylvania 6,070 1.11 0.91 $47.50 $98,800

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 19,810 3.98 3.25 $68.27 $142,000
Los Angeles-Long Beach-Glendale, CA Metropolitan Division 5,990 1.57 1.28 $35.04 $72,870
Chicago-Naperville-Joliet, IL Metropolitan Division 5,670 1.60 1.31 $38.96 $81,030
Boston-Cambridge-Quincy, MA NECTA Division 4,700 2.84 2.32 $57.99 $120,620
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 4,050 4.27 3.49 $72.82 $151,470
Dallas-Plano-Irving, TX Metropolitan Division 3,320 1.66 1.36 $43.63 $90,750
Atlanta-Sandy Springs-Marietta, GA 3,180 1.45 1.18 $48.01 $99,870
Houston-Sugar Land-Baytown, TX 3,120 1.25 1.02 $35.91 $74,700
Philadelphia, PA Metropolitan Division 2,660 1.47 1.20 $55.63 $115,720
Santa Ana-Anaheim-Irvine, CA Metropolitan Division 2,550 1.85 1.52 $41.12 $85,540




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 2,100 5.18 4.24 $63.16 $131,360
Nashua, NH-MA NECTA Division 580 4.49 3.67 $30.93 $64,330
San Francisco-San Mateo-Redwood City, CA Metropolitan Division 4,050 4.27 3.49 $72.82 $151,470
West Palm Beach-Boca Raton-Boynton Beach, FL Metropolitan Division 2,010 4.04 3.31 $43.74 $90,970
New York-White Plains-Wayne, NY-NJ Metropolitan Division 19,810 3.98 3.25 $68.27 $142,000
Boston-Cambridge-Quincy, MA NECTA Division 4,700 2.84 2.32 $57.99 $120,620
Naples-Marco Island, FL 300 2.75 2.25 $42.60 $88,610
Sebastian-Vero Beach, FL 110 2.59 2.12 $41.48 $86,280
Salt Lake City, UT 1,500 2.53 2.07 $34.37 $71,480
Sacramento--Arden-Arcade--Roseville, CA 2,040 2.48 2.03 $31.10 $64,690