Personal Financial Advisors Salary in Miami, FL
2024 wage data from the Bureau of Labor Statistics
Salary Overview
Personal Financial Advisors is a high-paying occupation in Miami, FL, with a median annual salary of $108,310. Personal Financial Advisorss in Miami, FL earn $6,170 more (6%) than the national median of $102,140.
Personal Financial Advisorss in Miami, FL earn $6,170 more (6%) than the national median of $102,140.
The average salary ($169,270) is notably higher than the median — this means top earners pull the average up. A small number of highly paid Personal Financial Advisorss skew the data.
With 7,180 Personal Financial Advisorss employed in Miami, FL, there is a strong job market and likely good career opportunities.
Cost of Living Consideration
When evaluating this salary, factor in Miami, FL's cost of living. Housing, transportation, and taxes vary significantly between cities and can impact how far your paycheck goes.
Salary Distribution
| Percentile | Annual Salary | Monthly |
|---|---|---|
| 10th Percentile | $45,620 | $3,802 |
| 25th Percentile | $63,040 | $5,253 |
| Median | $108,310 | $9,026 |
| 75th Percentile | $215,100 | $17,925 |
| 90th Percentile | N/A | N/A |
| Mean (Average) | $169,270 | $14,106 |
Personal Financial Advisors Salary in Other Cities
| Metro Area | Median Salary |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $168,350 |
| San Francisco-Oakland-Berkeley, CA | $157,510 |
| San Diego-Chula Vista-Carlsbad, CA | $128,400 |
| Sacramento-Roseville-Folsom, CA | $126,690 |
| San Jose-Sunnyvale-Santa Clara, CA | $126,480 |
| Los Angeles-Long Beach-Anaheim, CA | $121,940 |
| Baltimore-Columbia-Towson, MD | $114,490 |
| Buffalo-Cheektowaga, NY | $112,120 |
| Seattle-Tacoma-Bellevue, WA | $112,020 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | $109,520 |
Highest Paying Jobs in Miami, FL
| Occupation | Median Salary |
|---|---|
| Architectural and Engineering Managers | $168,160 |
| Financial Managers | $154,470 |
| Nurse Practitioners | $135,450 |
| Computer Network Architects | $135,250 |
| Database Administrators | $134,790 |
| Lawyers | $129,920 |
| Software Developers | $129,840 |
| Sales Managers | $128,320 |
| Purchasing Managers | $126,320 |
| Compensation and Benefits Managers | $125,930 |