SalaryNode

Average Personal Financial Advisors Salary in Billings, MT

The average salary for a Personal Financial Advisors in Billings, MT is $168,720. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $168,720 per year.
  • Growth Trend: Salaries have shifted 17.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $253,080.
  • Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 100 professionals. This role remains a specialized component of the broader Billings, MT economy.
2024 Market Data

Salary Overview

$168,720

The average Personal Financial Advisors in Billings, MT earns+5.2%above the national average.

BreakdownBased on 40h/week
Hourly

$81.1

Weekly

$3,245

Monthly

$14,060

Personal Financial Advisors Salary Distribution in Billings, MT

The earning potential for Personal Financial Advisorss in Billings, MT varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $55,370, while highly experienced professionals can command wages upwards of $253,080.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$55,370$26.6
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$126,540$60.8
ManagerOversees team, compliance, and project delivery.50% (Median)$102,440$49.3
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$210,900$101.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$253,080$121.7

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$168,720

Gross Pay

Real Wage (Purchasing Power)

$168,720

Adjusted for COL (100)

In Billings, MT, the Cost of Living Index is 100. This increases your effective purchasing power from $168,720 to $168,720.

Job Market Context

100

Total Jobs

1.018

Per 1K Jobs

0.58

Location Quotient

Below Average

Billings, MT has 0.58x the national average concentration of Personal Financial Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.

100 people work as Personal Financial Advisors in Billings, MT.

1.018 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.

Nearby Job Markets

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Billings, MT?

The median annual salary for a Personal Financial Advisors in Billings, MT is $168,720. This typically ranges from $55,370 for entry-level positions to $253,080 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Billings, MT is 5.2% higher than the national median of $160,360.

Is Billings, MT a good place for Personal Financial Advisorss?

Yes, Billings, MT is financially attractive for Personal Financial Advisorss. The average salary of $168,720 exceeds the national average. See distinct detailed breakdown below.

Is Billings, MT a good place to live for Personal Financial Advisors?

The Cost of Living Index in Billings, MT is 100. While higher than average, this often correlates with higher wages.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 100 employees in the Billings, MT area with a job density of 1.018 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.