Personal Financial Advisor Salary in Miami, FL
2024 BLS OEWS Data · Finance · COL Index: 123.1
$108,310
Median Salary
$169,270
Mean Salary
$87,985
COL-Adjusted
7,180
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $45,620 | $37,059 |
| 25th Percentile | $63,040 | $51,210 |
| 50th Percentile (Median) | $108,310 | $87,985 |
| 75th Percentile | $215,100 | $174,736 |
| 90th Percentile (Top Earners) | $353,927 | $287,512 |
What Drives the Range
The $308,307 spread between the 10th and 90th percentiles for Personal Financial Advisor positions in Miami, FL reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Miami, FL's cost-of-living index of 123.1 means that a $108,310 median salary here has the same purchasing power as $87,985 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.