Average Personal Financial Advisors Salary in Houston-Pasadena-The Woodlands, TX
Personal Financial Advisors in the Houston-Pasadena-The Woodlands, TX area earn an average annual salary of $134,650. This figure is notably below the national average of $160,360, suggesting that local market dynamics and potentially a different cost of living structure influence compensation in this major Texas metropolitan region.
Executive Summary
- Average Salary: $134,650 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $201,975.
- Outlook: With a local workforce of 4,470 Personal Financial Advisors, the Houston-Pasadena-The Woodlands area demonstrates a substantial presence in this field. The Location Quotient of 0.79 indicates that the concentration of these professionals is slightly below the national average, implying a stable but not overly saturated job market with consistent demand.
Salary Overview
The average Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX earns-16.0%below the national average.
$64.7
$2,589
$11,221
Personal Financial Advisors Salary Trends (2020-2024)
While specific historical data isn't provided, it's reasonable to assume that Personal Financial Advisor salaries in Houston-Pasadena-The Woodlands, TX, have experienced growth over the past four years, mirroring national trends. Economic expansion and increasing demand for financial planning services likely contribute to upward pressure on compensation, even if the local average currently trails the national benchmark.
Personal Financial Advisors Salary Distribution in Houston-Pasadena-The Woodlands, TX
Salary progression for Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX, typically scales significantly with experience. Entry-level positions will command lower salaries, while seasoned professionals with proven track records and specialized expertise can expect to earn considerably more, often reaching into the upper percentiles of the $134,650 average, reflecting a clear career growth trajectory.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $47,370 | $22.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $100,988 | $48.6 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $81,280 | $39.1 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $168,313 | $80.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $201,975 | $97.1 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$134,650
Gross Pay
Real Wage (Purchasing Power)
$134,650
Adjusted for COL (100)
The average annual salary of $134,650 for Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX, aligns perfectly with the national average Cost of Living Index of 100. This means that the purchasing power of the local salary is equivalent to the national average, offering a stable financial standing for advisors within the region.
Job Market Context
4,470
Total Jobs
1.377
Per 1K Jobs
0.79
Location Quotient
Houston-Pasadena-The Woodlands, TX has 0.79x 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.
The Location Quotient of 0.79 suggests that Personal Financial Advisors are slightly less concentrated in Houston-Pasadena-The Woodlands, TX, compared to the national average. This indicates a market that is not oversaturated, presenting opportunities for skilled professionals, though it may also imply that the demand, while present, is not exceptionally high relative to other regions.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Beaumont-Port Arthur, TX Personal Financial Advisors Salary | $129,880↓ 4% | 77 mi |
| College Station-Bryan, TX Personal Financial Advisors Salary | $90,660↓ 33% | 77 mi |
Comparing salaries near Houston-Pasadena-The Woodlands, TX
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Houston-Pasadena-The Woodlands, TX?
The median annual salary for a Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX is $134,650. This typically ranges from $47,370 for entry-level positions to $201,975 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Houston-Pasadena-The Woodlands, TX is 16.0% lower than the national median of $160,360.
Is Houston-Pasadena-The Woodlands, TX a lucrative place for Personal Financial Advisors?
No, not compared to the national average.While the average salary of $134,650 is substantial, it falls below the national average of $160,360, indicating less lucrative compensation in this specific region.
Is Houston-Pasadena-The Woodlands, TX a good place to live for Personal Financial Advisors?
The Cost of Living Index in Houston-Pasadena-The Woodlands, TX is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Houston-Pasadena-The Woodlands, TX?
Some top paying nearby cities include Beaumont-Port Arthur, TX ($129,880) and College Station-Bryan, TX.
How does the Houston-Pasadena-The Woodlands, TX salary compare to the national average?
The average salary for Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX, is $134,650, which is lower than the national average of $160,360.
What is the job concentration for Personal Financial Advisors in this Houston area?
The Location Quotient is 0.79, meaning the concentration of Personal Financial Advisors in Houston-Pasadena-The Woodlands, TX, is slightly below the national average.
How does the cost of living in Houston-Pasadena-The Woodlands, TX, affect the salary?
The Cost of Living Index is 100, which is the national average. This means the $134,650 salary has the same purchasing power as the national average salary.
How many Personal Financial Advisors work in the Houston-Pasadena-The Woodlands, TX area?
There are approximately 4,470 Personal Financial Advisors employed in the Houston-Pasadena-The Woodlands, TX metropolitan area.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 4,470 employees in the Houston-Pasadena-The Woodlands, TX area with a job density of 1.377 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 Houston-Pasadena-The Woodlands, TX