Personal Financial Advisors Salary in Dallas, TX

In Dallas, TX, a typical Personal Financial Advisor earns an annual salary of approximately $94,660, with a median hourly wage of $45.51. This figure is slightly below the national median annual salary for this occupation, which stands at $102,140. When compared to the local household income in Dallas, the earnings of Personal Financial Advisors exceed the area's median household income of $87,155. This indicates that individuals working as financial advisors generally earn more than the average household in the region, positioning them comfortably above many other professional occupations within the same locale.

The earning potential for Personal Financial Advisors in Dallas varies significantly based on experience and expertise. Entry-level professionals at the 10th percentile earn about $54,940 annually, while those at the 25th percentile make approximately $63,930 per year. In contrast, advisors with more experience or specialized skills can earn substantially higher salaries; those at the 75th percentile earn around $123,020, and top earners in the 90th percentile can reach up to $218,670 annually. The disparity in earnings is driven by factors such as years of experience, educational background, certifications (like CFP or CPA), industry reputation, client base size, and performance outcomes. As advisors gain more experience and develop a larger clientele, they tend to move into higher earning brackets, reflecting the value of their expertise and the trust placed in them by clients seeking financial advice.