Average Personal Financial Advisors Salary in Lawrence, KS
The average salary for a Personal Financial Advisors in Lawrence, KS is $169,600. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $169,600 per year.
- Growth Trend: Salaries have shifted 176.7% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $254,400.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Lawrence, KS economy.
Salary Overview
The average Personal Financial Advisors in Lawrence, KS earns+5.8%above the national average.
$81.5
$3,262
$14,133
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Lawrence, KS have experienced a rapid surge, growing by 176.7%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Lawrence, KS
The earning potential for Personal Financial Advisorss in Lawrence, KS varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.1x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,820, while highly experienced professionals can command wages upwards of $254,400.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $61,820 | $29.7 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $127,200 | $61.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $98,720 | $47.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $212,000 | $101.9 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $254,400 | $122.3 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$169,600
Gross Pay
Real Wage (Purchasing Power)
$169,600
Adjusted for COL (100)
In Lawrence, KS, the Cost of Living Index is 100. This increases your effective purchasing power from $169,600 to $169,600.
Job Market Context
70
Total Jobs
1.449
Per 1K Jobs
0.83
Location Quotient
Lawrence, KS has 0.83x 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.
70 people work as Personal Financial Advisors in Lawrence, KS.
1.449 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Topeka, KS Personal Financial Advisors Salary | $132,830↓ 22% | 24 mi |
| Kansas City, MO-KS Personal Financial Advisors Salary | $160,460↓ 5% | 38 mi |
| Manhattan, KS Personal Financial Advisors Salary | $123,690↓ 27% | 74 mi |
| Kansas nonmetropolitan area Personal Financial Advisors Salary | $179,010↑ 6% | 84 mi |
Comparing salaries near Lawrence, KS
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Lawrence, KS?
The median annual salary for a Personal Financial Advisors in Lawrence, KS is $169,600. This typically ranges from $61,820 for entry-level positions to $254,400 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Lawrence, KS is 5.8% higher than the national median of $160,360.
Is Lawrence, KS a good place for Personal Financial Advisorss?
Yes, Lawrence, KS is financially attractive for Personal Financial Advisorss. The average salary of $169,600 exceeds the national average. See distinct detailed breakdown below.
Is Lawrence, KS a good place to live for Personal Financial Advisors?
The Cost of Living Index in Lawrence, KS is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Lawrence, KS?
Some top paying nearby cities include Topeka, KS ($132,830) and Kansas City, MO-KS.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Lawrence, KS area with a job density of 1.449 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 Lawrence, KS