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SalaryTruth

Personal Financial Advisor Salary in Washington, DC

2024 BLS OEWS Data · Finance · COL Index: 152.8

$109,520
Median Salary
$170,870
Mean Salary
$71,675
COL-Adjusted
4,320
Employment

Salary Distribution

Percentile Breakdown

PercentileSalaryCOL-Adjusted
10th Percentile (Entry Level)$63,500$41,558
25th Percentile$80,380$52,605
50th Percentile (Median)$109,520$71,675
75th Percentile$177,620$116,243
90th Percentile (Top Earners)$266,150$174,182

What Drives the Range

The $202,650 spread between the 10th and 90th percentiles for Personal Financial Advisor positions in Washington, DC 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.

Washington, DC's cost-of-living index of 152.8 means that a $109,520 median salary here has the same purchasing power as $71,675 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.