Personal Financial Advisors Salary in Memphis, TN-MS-AR

BLS Occupational Employment & Wage Statistics • May 2025 • Memphis, TN-MS-AR

Median annual salary $98,260 -3.8% vs national
Median hourly $47.24
10th percentile $39,110
90th percentile —
Employed locally 870
National median $102,140

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Type a city below to see how Memphis, TN-MS-AR stacks up on salary and cost of living.

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Personal Financial Advisors
in
Memphis, TN-MS-AR
vs

    Salary percentile breakdown

    10th
    $39,110
    25th
    $53,660
    50th (median)
    $98,260
    75th
    $203,270

    Memphis economic context

    Unemployment rate 4.10% 2024 annual avg • BLS LAUS
    Median household income $64,743 2023 • Census ACS
    Personal Financial Advisors salary vs area income 152% Median Personal Financial Advisors salary is 52% above the area median household income

    Top-paying metros for Personal Financial Advisors

    Metro areaMedian salary
    East South Dakota nonmetropolitan area $169,520
    New York-Newark-Jersey City, NY-NJ $168,350
    New York $167,970
    Boise City, ID $167,940
    San Francisco-Oakland-Fremont, CA $157,510
    Pinehurst-Southern Pines, NC $155,950

    Nearby metros — Personal Financial Advisors salary comparison

    Metro areaMedian salary
    Johnson City, TN $91,970
    Nashville-Davidson--Murfreesboro--Franklin, TN $88,300
    Kingsport-Bristol, TN-VA $84,170
    Clarksville, TN-KY $75,670
    Jackson, TN $75,360
    Chattanooga, TN-GA $64,130

    Related occupations in Memphis, TN-MS-AR

    OccupationMedian salary
    Accountants and Auditors $74,080
    Human Resources Specialists $64,130
    Project Management Specialists $84,350
    Buyers and Purchasing Agents $63,190
    Training and Development Specialists $51,580
    Market Research Analysts and Marketing Specialists $65,720

    Frequently asked questions

    How much do Personal Financial Advisors make per hour in Memphis?

    The median hourly wage for Personal Financial Advisors in Memphis, TN-MS-AR is $47.24, based on BLS OEWS 2025 data. Top earners (90th percentile) make $287.67 or more per hour.

    Is Memphis above or below average for Personal Financial Advisors salaries?

    The median Personal Financial Advisors salary in Memphis, TN-MS-AR is 3.8% below the national median of $102,140. The national figure is from BLS OEWS 2025 data covering all US metropolitan areas.

    What is the entry-level salary for Personal Financial Advisors in Memphis?

    Entry-level Personal Financial Advisors (10th percentile) earn around $39,110 per year in Memphis, TN-MS-AR. The 25th percentile — typically workers with 1–3 years of experience — earn approximately $53,660.