Personal Financial Advisors Salary in Phoenix, AZ

In Phoenix, AZ, Personal Financial Advisors have a median annual salary of $91,490, which is slightly below the national median of $102,140 for this occupation. This local median salary translates to an approximate hourly wage of $43.98. When compared to the area's median household income of $84,703, it becomes evident that Personal Financial Advisors typically earn significantly more than the average household in Phoenix. The difference highlights the specialized skills and expertise required in their field, positioning them comfortably above local income averages.

The salary range for Personal Financial Advisors in Phoenix varies widely based on experience. Entry-level professionals generally earn around $46,700 annually, which is at the 10th percentile of the salary distribution. In contrast, experienced workers can earn significantly more, with salaries reaching up to $137,740 at the 75th percentile and even surpassing $167,130 at the 90th percentile. This substantial difference in earnings between entry-level and seasoned professionals is driven by factors such as years of experience, expertise, client base size, and performance outcomes. The earning potential increases markedly with experience, reflecting the value placed on advanced skills and a proven track record within the industry.