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Average Personal Financial Advisors Salary in Omaha, NE-IA

Personal Financial Advisors in Omaha, NE-IA earn an impressive average annual salary of $154,420. This figure is slightly below the national average of $160,360, but local economic factors and the specific demand within the region contribute to this competitive compensation. The Omaha metropolitan area offers a stable environment for financial planning professionals.

Executive Summary

  • Average Salary: $154,420 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $231,630.
  • Outlook: With a local workforce of 880 Personal Financial Advisors and a Location Quotient of 1.02, Omaha demonstrates a healthy concentration of these professionals, indicating steady demand. The job market is robust, with 1.791 jobs per 1,000 workers, suggesting a stable and consistent need for financial advisory services within the community.
2024 Market Data

Salary Overview

$154,420

The average Personal Financial Advisors in Omaha, NE-IA earns-3.7%below the national average.

BreakdownBased on 40h/week
Hourly

$74.2

Weekly

$2,970

Monthly

$12,868

Personal Financial Advisors Salary Distribution in Omaha, NE-IA

Career progression for Personal Financial Advisors in Omaha significantly impacts earning potential. Entry-level positions typically start at lower percentiles, while seasoned professionals with extensive experience and specialized skills can command salaries in the higher percentiles. The widening gap between entry-level and senior roles reflects the value placed on expertise and a proven track record in financial advisory.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,720$23.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$115,815$55.7
ManagerOversees team, compliance, and project delivery.50% (Median)$79,000$38
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$193,025$92.8
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$231,630$111.4

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$154,420

Gross Pay

Real Wage (Purchasing Power)

$154,420

Adjusted for COL (100)

The average annual salary of $154,420 in Omaha, NE-IA aligns perfectly with the local Cost of Living Index of 100, which is the national average. This means that the purchasing power of a Personal Financial Advisor's salary in Omaha is equivalent to the national average, offering a stable financial standing without the premium often associated with higher cost-of-living areas.

Job Market Context

880

Total Jobs

1.791

Per 1K Jobs

1.02

Location Quotient

Above Average

With a location quotient of 1.02, Omaha, NE-IA has a slightly higher-than-average concentration of Personal Financial Advisors roles compared to the national norm.

The Location Quotient of 1.02 for Personal Financial Advisors in Omaha indicates a job market that is very closely aligned with the national average in terms of concentration. This suggests a balanced market where demand and supply are relatively stable, offering good opportunities for both new entrants and experienced professionals without extreme competition or scarcity.

Nearby Job Markets

Nearby Cities for Personal Financial Advisors

CitySalaryDist.
Lincoln, NE Personal Financial Advisors Salary$110,970↓ 28%45 mi
Sioux City, IA-NE-SD Personal Financial Advisors Salary$136,810↓ 11%87 mi

Comparing salaries near Omaha, NE-IA

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Omaha, NE-IA?

The median annual salary for a Personal Financial Advisors in Omaha, NE-IA is $154,420. This typically ranges from $49,720 for entry-level positions to $231,630 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Omaha, NE-IA is 3.7% lower than the national median of $160,360.

Is Omaha, NE-IA a lucrative place for Personal Financial Advisors?

Yes, Omaha, NE-IA offers a lucrative environment for Personal Financial Advisors.The average salary of $154,420 is competitive, and the cost of living being at the national average ensures strong purchasing power for these earnings.

Is Omaha, NE-IA a good place to live for Personal Financial Advisors?

The Cost of Living Index in Omaha, NE-IA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Omaha, NE-IA?

Some top paying nearby cities include Lincoln, NE ($110,970) and Sioux City, IA-NE-SD.

How does Omaha's Personal Financial Advisor salary compare to the national average?

The average salary for Personal Financial Advisors in Omaha, NE-IA is $154,420, which is slightly lower than the national average of $160,360.

What is the cost of living in Omaha, NE-IA?

Omaha, NE-IA has a Cost of Living Index of 100, which is exactly the national average, making it a financially stable place to live and work.

How concentrated is the Personal Financial Advisor job market in Omaha?

The job market is slightly more concentrated than the national average, with a Location Quotient of 1.02, indicating a healthy presence of these professionals.

What is the total number of Personal Financial Advisors in Omaha?

There are approximately 880 Personal Financial Advisors working in the Omaha, NE-IA 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 880 employees in the Omaha, NE-IA area with a job density of 1.791 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Omaha, NE-IA