Average Personal Financial Advisors Salary in Connecticut nonmetropolitan area
The average salary for Personal Financial Advisorss in Connecticut nonmetropolitan area is $114,670. While this is lower than the national average, the cost of living in Connecticut nonmetropolitan area may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $114,670 per year.
- Growth Trend: Salaries have shifted 16.6% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $164,130.
- Outlook: This role remains a specialized component of the broader Connecticut nonmetropolitan area economy.
Salary Overview
The average Personal Financial Advisors in Connecticut nonmetropolitan area earns-28.5%below the national average.
$55.1
$2,205
$9,556
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 3 years, Personal Financial Advisors salaries in Connecticut nonmetropolitan area have seen a slight adjustment of -16.6%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Connecticut nonmetropolitan area
The earning potential for Personal Financial Advisorss in Connecticut nonmetropolitan area varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 2.8x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $59,220, while highly experienced professionals can command wages upwards of $164,130.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $59,220 | $28.5 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $86,003 | $41.3 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $102,330 | $49.2 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $143,338 | $68.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $164,130 | $78.9 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$114,670
Gross Pay
Real Wage (Purchasing Power)
$114,670
Adjusted for COL (100)
In Connecticut nonmetropolitan area, the Cost of Living Index is 100. This increases your effective purchasing power from $114,670 to $114,670.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Hartford-West Hartford-East Hartford, CT Personal Financial Advisors Salary | $124,440↑ 9% | 12 mi |
| Waterbury-Shelton, CT Personal Financial Advisors Salary | $157,260↑ 37% | 15 mi |
| New Haven, CT Personal Financial Advisors Salary | $149,470↑ 30% | 22 mi |
| Norwich-New London-Willimantic, CT Personal Financial Advisors Salary | $113,020↓ 1% | 35 mi |
| Bridgeport-Stamford-Danbury, CT Personal Financial Advisors Salary | $160,610↑ 40% | 36 mi |
Comparing salaries near Connecticut nonmetropolitan area
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Connecticut nonmetropolitan area?
The median annual salary for a Personal Financial Advisors in Connecticut nonmetropolitan area is $114,670. This typically ranges from $59,220 for entry-level positions to $164,130 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Connecticut nonmetropolitan area is 28.5% lower than the national median of $160,360.
Is Connecticut nonmetropolitan area a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Connecticut nonmetropolitan area is $114,670 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Connecticut nonmetropolitan area. See distinct detailed breakdown below.
Is Connecticut nonmetropolitan area a good place to live for Personal Financial Advisors?
The Cost of Living Index in Connecticut nonmetropolitan area is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Connecticut nonmetropolitan area?
Some top paying nearby cities include Hartford-West Hartford-East Hartford, CT ($124,440) and Waterbury-Shelton, CT.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes employees in the Connecticut nonmetropolitan area area with a job density of 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 Connecticut nonmetropolitan area