Average Personal Financial Advisors Salary in Orlando-Kissimmee-Sanford, FL
Personal Financial Advisors in the Orlando-Kissimmee-Sanford, FL area earn an average annual salary of $148,820. This figure is slightly below the national average of $160,360, suggesting a localized market dynamic that influences compensation. Factors such as the specific economic landscape and demand within the region contribute to this variance.
Executive Summary
- Average Salary: $148,820 per year.
- Growth Trend: Salaries have shifted 54.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $223,230.
- Outlook: With a local workforce of 1,990 Personal Financial Advisors and a Location Quotient of 0.81, the Orlando-Kissimmee-Sanford metropolitan area indicates a slightly less concentrated presence of these professionals compared to the national average. While not a hub of extreme concentration, the job market demonstrates a steady demand, with 1.422 jobs per 1,000 workers, suggesting a stable environment for financial advisory roles.
Salary Overview
The average Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL earns-7.2%below the national average.
$71.6
$2,862
$12,402
Personal Financial Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is reasonable to assume that salaries for Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL have experienced growth over the past four years, mirroring national trends. Economic expansion and evolving financial planning needs typically drive an upward trajectory in compensation for experienced professionals in this field.
Personal Financial Advisors Salary Distribution in Orlando-Kissimmee-Sanford, FL
Career progression for Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL is typically marked by significant salary increases. Entry-level positions might start closer to the lower percentiles, while seasoned advisors with extensive experience and a robust client base can command salaries well into the higher percentiles, reflecting their accumulated expertise and proven track record.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $49,190 | $23.6 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $111,615 | $53.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $78,650 | $37.8 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $186,025 | $89.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $223,230 | $107.3 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$148,820
Gross Pay
Real Wage (Purchasing Power)
$148,820
Adjusted for COL (100)
The average annual salary of $148,820 for Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL aligns precisely with the national average Cost of Living Index of 100. This means that the nominal salary holds its purchasing power effectively within the local market, offering a comparable standard of living to the national average.
Job Market Context
1,990
Total Jobs
1.422
Per 1K Jobs
0.81
Location Quotient
Orlando-Kissimmee-Sanford, FL has 0.81x 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.
A Location Quotient of 0.81 for Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL suggests that the concentration of these professionals is slightly below the national average. This indicates a market that is neither oversaturated nor exceptionally scarce, presenting a balanced competitive landscape for both job seekers and employers.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Deltona-Daytona Beach-Ormond Beach, FL Personal Financial Advisors Salary | $140,320↓ 6% | 27 mi |
| Wildwood-The Villages, FL Personal Financial Advisors Salary | $170,680↑ 15% | 41 mi |
| Lakeland-Winter Haven, FL Personal Financial Advisors Salary | $115,910↓ 22% | 48 mi |
| North Florida nonmetropolitan area Personal Financial Advisors Salary | $104,710↓ 30% | 57 mi |
Comparing salaries near Orlando-Kissimmee-Sanford, FL
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Orlando-Kissimmee-Sanford, FL?
The median annual salary for a Personal Financial Advisors in Orlando-Kissimmee-Sanford, FL is $148,820. This typically ranges from $49,190 for entry-level positions to $223,230 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Orlando-Kissimmee-Sanford, FL is 7.2% lower than the national median of $160,360.
Is Orlando-Kissimmee-Sanford, FL a lucrative place for Personal Financial Advisors?
Yes, with a caveat.The average salary of $148,820 is competitive and aligns with the national cost of living, offering good earning potential. However, it is slightly below the national average salary for the role.
Is Orlando-Kissimmee-Sanford, FL a good place to live for Personal Financial Advisors?
The Cost of Living Index in Orlando-Kissimmee-Sanford, FL is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Orlando-Kissimmee-Sanford, FL?
Some top paying nearby cities include Deltona-Daytona Beach-Ormond Beach, FL ($140,320) and Wildwood-The Villages, FL.
How does the Orlando-Kissimmee-Sanford salary compare to the national average?
The average salary of $148,820 in Orlando-Kissimmee-Sanford, FL is approximately 7% lower than the national average of $160,360 for Personal Financial Advisors.
What is the Cost of Living in Orlando-Kissimmee-Sanford, FL?
The Cost of Living Index for Orlando-Kissimmee-Sanford, FL is 100, which is exactly the national average, indicating that living expenses are comparable to the rest of the United States.
How many Personal Financial Advisors are there in Orlando-Kissimmee-Sanford, FL?
The total local workforce for Personal Financial Advisors in the Orlando-Kissimmee-Sanford, FL metropolitan area is approximately 1,990 individuals.
Is the job market for Personal Financial Advisors growing in Orlando?
While specific growth rates aren't detailed, the presence of 1.422 jobs per 1,000 workers suggests a consistent demand for Personal Financial Advisors in the region.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 1,990 employees in the Orlando-Kissimmee-Sanford, FL area with a job density of 1.422 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 Orlando-Kissimmee-Sanford, FL