What are the main factors that influence a Wealth Advisor's salary?

The primary factors are: 1) Experience Level, 2) Geographic Location, 3) Education/Skills, 4) Company Size & Industry

How does experience change A Wealth Advisor's salary?

A Wealth Advisor's salary grows with experience: a Financial Advisor I (0-2 years)earns $62,502, a Wealth Advisor (2-4 years)earns $82,991, a Financial Advisor III (4-7 years)earns $100,520, a Financial Advisor IV (7+ years)earns $121,300, a Financial Advising Director (7+ years)earns $245,072,

What are the highest paying states for a Wealth Advisor?

Wealth Advisor salary varies significantly by state. The top 3 highest paying states for Wealth Advisor roles are District of Columbia $83,270, California $82,954, Massachusetts $81,848. These tech hubs typically pay 10-15% above the national average.

How much do different types of Wealth Advisor roles make?

Salaries for Wealth Advisor level roles vary by specialization: Wealth Management Advisor IV: $108,110; Financial Advisor IV: $108,109; Senior Wealth Advisor: $106,561; International Wealth Advisor: $96,650; Associate Wealth Advisor: $91,036.

Wealth Advisor Salary in District of Columbia

How much does a Wealth Advisor make in District of Columbia?

As of May 18, 2021, the average salary for a Wealth Advisor in District of Columbia is $83,706 per year, which breaks down to an hourly rate of $40.

However, a Wealth Advisor's salary can vary significantly. Here’s a look at the typical salary range:

Top Earners (90th percentile): $101,918
Majority Range (25th-75th percentile): $75,614 to $93,239
Entry-Level (10th percentile): $68,248

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Wealth Advisor Salaries by Percentile

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$93,239	$7,770	$1,793	$45
Average	$83,706	$6,975	$1,610	$40
25th Percentile	$75,614	$6,301	$1,454	$36

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Key Factors That Influence Wealth Advisor Salaries

A Wealth Advisor's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location and company size can directly affect your earning potential.

How Experience Level Affects Wealth Advisor Salaries?

Experience is a primary driver of a Wealth Advisor's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:

Entry-Level (less than 1 year): $62,502
Early Career (1-2 years): $82,991
Mid-Level (2-4 years): $100,520
Senior-Level (5-8 years): $121,300
Expert (over 8 years): $245,072

Levels	Salary
Financial... Level Wealth Advisor	$62,502
Wealth Ad... Level Wealth Advisor	$82,991
Financial... Level Wealth Advisor	$100,520
Financial... Level Wealth Advisor	$121,300
Financial... Level Wealth Advisor	$245,072

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What Am I Worth?

How Do Wealth Advisor Salaries Vary from State to State?

Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Wealth Advisors. For example, consider the average annual salaries in these key locations:

District of Columbia: $83,270.
California: $82,954.
Massachusetts: $81,848.

District of Columbia $83,270 California $82,954 Massachusetts $81,848 Washington $81,547 New Jersey $81,517 Alaska $81,412 Connecticut $80,374 New York $79,953

Hawaii $78,607 Rhode Island $77,975 Maryland $77,546 Minnesota $76,960 Colorado $76,734 Illinois $76,659 Oregon $76,373 Delaware $76,162

New Hampshire $76,030 Virginia $75,734 Pennsylvania $74,869 Nevada $74,433 North Dakota $74,290 Michigan $74,064 Wisconsin $73,981 Vermont $73,816

Texas $73,357 Maine $73,327 Arizona $73,282 Ohio $73,229 Georgia $72,537 Indiana $72,191 Wyoming $72,124 Utah $72,019

Iowa $71,973 Kansas $71,612 Louisiana $71,507 North Carolina $71,470 Missouri $71,454 Florida $71,161 Montana $71,003 Nebraska $70,853

Kentucky $70,770 South Carolina $70,469 Tennessee $70,281 Idaho $70,206 New Mexico $69,657 Oklahoma $69,537 Alabama $69,093 South Dakota $68,348

Arkansas $67,942 West Virginia $67,724 Mississippi $67,070

Top Paying Cities for Wealth Advisors

Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:

Parcel Return Service: $83,270
Washington: $83,270
Naval Anacost Annex: $83,270

Parcel Return Service, DC $83,270 Washington, DC $83,270 Naval Anacost Annex, DC $83,270 Washington Navy Yard, DC $83,270

Wealth Advisor Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how a Wealth Advisor's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.

Last Updated on May 18, 2021

$75,614

Average $83,706/year

$93,239

$6,301

Average $6,975/month

$7,770

$1,454

Average $1,610/week

$1,793

$36

Average $40/hour

$45

	Annual Salary	Monthly Pay	Weekly Pay	Hourly Wage
75th Percentile	$93,239	$7,770	$1,793	$45
Average	$83,706	$6,975	$1,610	$40
25th Percentile	$75,614	$6,301	$1,454	$36

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