Personal Financial Advisors in California
Is California a good place for you to work as a Personal Financial Advisor?
You’re in luck! Jobs for Personal Financial Advisors in California are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Personal Financial Advisors in California is growing faster than average.
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Personal Financial Advisors in California earn higher salaries than the typical U.S. wage earner.
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How Many Personal Financial Advisors Work in California?
There were approximately 24,890 workers employed as Personal Financial Advisors in this state in 2018.
There were 24,790 Personal Financial Advisors employed in this state in 2017.
That’s growth of 100 jobs between 2017 and 2018.
The typical state has 1,820 Personal Financial Advisors working in it, which means California has more Personal Financial Advisors than average.
Job Projections for California
Jobs for Personal Financial Advisors in this state are growing at a rate of 10.9% which is slower than the nationwide estimated projection of 14.9%.
California Annual Job Openings
The BLS is projecting 2,920 annual Personal Financial Advisors job openings in California, and 36,700 total jobs in the year 2026.
Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.
What do Personal Financial Advisors Make in California?
In 2018 wages for Personal Financial Advisors ranged from $43,770 to $208,000 with $96,490 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $21.05 to $100. The median hourly rate was $46.39.
In 2017 the median pay for this field was $49.75 an hour.
The hourly rate declined by $3.36.
The median salary in California is higher than the nationwide median salary.
Top California Metros for Personal Financial Advisors
The table below shows some of the metros in this state with the most Personal Financial Advisors.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 10,520 | $80,660 |
| San Francisco-Oakland-Hayward, CA | 6,670 | $135,190 |
| San Diego-Carlsbad, CA | 1,970 | $137,310 |
| San Jose-Sunnyvale-Santa Clara, CA | 1,320 | $92,190 |
| Riverside-San Bernardino-Ontario, CA | 950 | $66,930 |
| Sacramento–Roseville–Arden-Arcade, CA | 930 | $104,840 |
| Oxnard-Thousand Oaks-Ventura, CA | 650 | $62,780 |
| Santa Rosa, CA | 260 | $73,890 |
| Fresno, CA | 230 | $79,090 |
| Santa Maria-Santa Barbara, CA | 220 | $136,450 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 150 | n/a |
| Bakersfield, CA | 130 | $70,150 |
| Salinas, CA | 130 | $70,350 |
| Stockton-Lodi, CA | 90 | $69,250 |
| Modesto, CA | 70 | $88,300 |
| Chico, CA | 60 | $119,660 |
| Santa Cruz-Watsonville, CA | 60 | $62,760 |
| Redding, CA | 40 | $65,350 |
| Vallejo-Fairfield, CA | 40 | $63,180 |
| Visalia-Porterville, CA | 30 | $104,480 |
Top States for Personal Financial Advisors Employment
The table below shows the states where most Personal Financial Advisors work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 26,710 | $136,830 |
| California | 24,890 | $96,490 |
| Florida | 14,080 | $90,460 |
| Texas | 10,830 | $88,220 |
| Massachusetts | 9,060 | $82,060 |
| Illinois | 8,940 | $88,760 |
| Pennsylvania | 8,590 | $78,470 |
| North Carolina | 7,010 | $97,960 |
| Ohio | 6,000 | $74,390 |
| Michigan | 5,210 | $73,050 |
| Missouri | 5,050 | $63,000 |
| Wisconsin | 4,730 | $88,590 |
| New Jersey | 4,700 | $107,250 |
| Georgia | 4,660 | $96,980 |
| Connecticut | 4,470 | $98,000 |
| Virginia | 4,370 | $83,220 |
| Maryland | 4,290 | $81,360 |
| Colorado | 4,010 | $85,120 |
| Indiana | 3,740 | $90,150 |
| Minnesota | 3,720 | $79,010 |
Below are the states where Personal Financial Advisors get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $136,830 |
| District of Columbia | $136,660 |
| New Jersey | $107,250 |
| Delaware | $101,920 |
| Maine | $101,550 |
| Washington | $99,960 |
| Connecticut | $98,000 |
| North Carolina | $97,960 |
| Georgia | $96,980 |
| California | $96,490 |
Related Careers in CA
Discover similar careers:
| Occupation | CA Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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