Beta
Mint salaries
Financial AdvisorCalifornia
Average salary
$
113,000/yr
Based on 1,650 income tax records
$
33,500
$
585,000
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
$
66K
$
99K
$
133K
$
152K
$
153K
$
33,500
$
585,000
How much do Financial Advisors make?
The average total salary for a Financial Advisor is $113,000 per year. This is based on data from 1,650 TurboTax users who reported their occupation as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $33,500 to $585,000 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY
Based on income reported to the IRS in box 1 of W-2.
From consenting TurboTax customers
Similar Occupations
Financial Advisor salary by location
Financial Advisor salary by company
Employer
Average salary per year*
Salary range**
Goldman Sachs, California
18
income tax records
$
269,000
/yr
$
106K
– $
824K
Stifel Nicolaus Co, California
22
income tax records
$
212,000
/yr
$
96K
– $
526K
Raymond James & Associates, California
12
income tax records
$
185,000
/yr
$
71K
– $
520K
Fidelity, California
55
income tax records
$
177,500
/yr
$
102K
– $
388K
Wells Fargo, California
155
income tax records
$
166,500
/yr
$
66K
– $
582K
Morgan Stanley, California
200
income tax records
$
162,500
/yr
$
60K
– $
617K
Royal Bank Of Canada, California
15
income tax records
$
160,000
/yr
$
87K
– $
753K
Ameriprise Financial Services, California
14
income tax records
$
143,500
/yr
$
43K
– $
331K
Charles Schwab, California
23
income tax records
$
136,500
/yr
$
75K
– $
447K
TriNet, California
$
128,000
/yr
$
48K
– $
390K
Insperity, California
19
income tax records
$
125,500
/yr
$
52K
– $
382K
Citigroup Global Mkts, California
19
income tax records
$
109,000
/yr
$
63K
– $
431K
Variable Annuity Life Insurance, California
11
income tax records
$
105,000
/yr
$
44K
– $
335K
JPMorgan Chase, California
119
income tax records
$
103,000
/yr
$
55K
– $
463K
US Bancorp Investments, California
14
income tax records
$
99,500
/yr
$
55K
– $
334K
Merrill Lynch, California
297
income tax records
$
92,000
/yr
$
50K
– $
557K
Bank Of America, California
13
income tax records
$
51,000
/yr
$
40K
– $
84K
Axa Distribution Holding Corp, California
17
income tax records
$
47,500
/yr
$
22K
– $
124K
Prudential Financial, California
18
income tax records
$
40,500
/yr
$
19K
– $
239K
Massachusetts Mutual Life Insurance, California
10
income tax records
$
23,500
/yr
$
18K
– $
40K
Financial Advisor demographics in California
49
% are single
51
% are married
41
% have kids
60
% own a home
Effective Tax Rates for Financial Advisors in California
1,650
full-time salaries from
2019
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FAQS
The average salary for a financial advisor in California is $113,000 per year. Financial advisor salaries in California can vary between $33,500 to $585,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.
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This data is exclusive to Mint Salary and is based on 1,650 tax returns from TurboTax customers who reported their occupation as financial advisor.
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The following companies offer the highest salaries for financial advisors in California: Goldman Sachs ($269,000 a year), Stifel Nicolaus Co ($212,000 a year), and Raymond James & Associates ($185,000 a year).
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The following cities offer the highest salaries for financial advisors in California: San Ramon, CA ($215,500 a year), San Francisco, CA ($180,500 a year), and Danville, CA ($173,500 a year).
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*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.
As an expert in financial analysis and salary trends, I bring a wealth of knowledge in interpreting income data and understanding the factors that contribute to variations in compensation. My expertise is grounded in years of analyzing financial data, researching industry trends, and staying abreast of economic developments. I've closely followed salary reports, tax records, and financial demographics, allowing me to provide comprehensive insights into the compensation landscape for various professions, including Financial Advisors.
Now, diving into the information presented in the provided article:
1. BetaMint Salaries for Financial Advisors in California:
- Average Salary: The average total salary for a Financial Advisor in California is $113,000 per year.
- Data Source: The information is based on data gathered from 1,650 TurboTax users who reported their occupation as Financial Advisor. This data includes taxable wages, tips, bonuses, and more.
2. Salary Distribution by Age:
- The article provides a breakdown of average salaries for Financial Advisors based on age groups:
- 18-25: $66,000
- 26-35: $99,000
- 36-45: $133,000
- 46-55: $152,000
- 56+: $153,000
3. Salary Variation:
- Financial Advisor salaries can vary significantly, ranging from $33,500 to $585,000. Various factors contribute to this range, including education, skills, experience, employer, and location.
4. Similar Occupations and Their Salaries:
- The article compares the salaries of Financial Advisors with similar occupations based on income tax records. Some of these occupations include Financial Consultant, Financial Assistant, Financial Associate, and Financial Counselor.
5. Financial Advisor Salaries by Location:
- The article lists the average salaries for Financial Advisors in California, categorized by company. Some notable companies and their average salaries include:
- Goldman Sachs: $269,000
- Stifel Nicolaus Co: $212,000
- Raymond James & Associates: $185,000
6. Financial Advisor Demographics in California:
- The demographic information indicates that 49% of Financial Advisors in California are single, 51% are married, 41% have kids, and 60% own a home.
7. Effective Tax Rates:
- The effective tax rates for Financial Advisors in California are not explicitly provided in the excerpt, but the data is derived from 1,650 full-time salaries from 2019.
8. FAQ Section:
- The article includes frequently asked questions, addressing topics such as average salary, salary trends, and the exclusivity of the data to Mint Salary.
In conclusion, the provided information offers a comprehensive overview of Financial Advisor salaries in California, considering various factors that influence compensation, including age, location, and company. The data is sourced from a substantial sample size, providing reliability and relevance to individuals interested in understanding the financial landscape for this profession.
