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.
Salary Overview
The average Personal Financial Advisors in Billings, MT earns+5.2%above the national average.
$81.1
$3,245
$14,060
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 3 years, Personal Financial Advisors salaries in Billings, MT have shown healthy growth of 17.0%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
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 Level | Market Percentile | Annual Wage | Hourly 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
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.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Billings, MT