Average Personal Financial Advisors Salary in Oxnard-Thousand Oaks-Ventura, CA
Personal Financial Advisors in the Oxnard-Thousand Oaks-Ventura, CA area earn an average annual salary of $157,150. This figure is slightly below the national average of $160,360, indicating a localized compensation structure influenced by regional economic factors and demand. While close to the national benchmark, understanding the nuances of this specific market is key for financial professionals.
Executive Summary
- Average Salary: $157,150 per year.
- Growth Trend: Salaries have shifted 30.0% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $235,725.
- Outlook: The Oxnard-Thousand Oaks-Ventura, CA region supports a local workforce of 410 Personal Financial Advisors. With a Location Quotient of 0.73, the concentration of these roles is slightly below the national average, suggesting a stable but not hyper-concentrated job market. The presence of 1.272 jobs per 1,000 workers indicates a consistent demand for financial advisory services within the community.
Salary Overview
The average Personal Financial Advisors in Oxnard-Thousand Oaks-Ventura, CA earns-2.0%below the national average.
$75.6
$3,022
$13,096
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 Oxnard-Thousand Oaks-Ventura, CA have experienced growth over the past four years, mirroring national trends. Factors such as increasing demand for financial planning, evolving market conditions, and inflation typically drive upward salary adjustments for experienced professionals in this field.
Personal Financial Advisors Salary Distribution in Oxnard-Thousand Oaks-Ventura, CA
The career trajectory for Personal Financial Advisors typically involves significant salary growth with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive client bases and proven track records can command salaries well into the higher percentiles. The gap between entry-level and senior roles signifies the value placed on expertise, client retention, and specialized financial knowledge.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $60,640 | $29.2 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $117,863 | $56.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $123,330 | $59.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $196,438 | $94.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $235,725 | $113.3 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$157,150
Gross Pay
Real Wage (Purchasing Power)
$157,150
Adjusted for COL (100)
The average annual salary of $157,150 in Oxnard-Thousand Oaks-Ventura, CA aligns perfectly with the national Cost of Living Index of 100. This means that the purchasing power of a Personal Financial Advisor's salary in this region is equivalent to the national average. Professionals relocating to this area can expect their earnings to maintain a similar standard of living as they would in a typical U.S. metropolitan area.
Job Market Context
410
Total Jobs
1.272
Per 1K Jobs
0.73
Location Quotient
Oxnard-Thousand Oaks-Ventura, CA has 0.73x 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 0.73 for Personal Financial Advisors in Oxnard-Thousand Oaks-Ventura, CA suggests that the job market is moderately concentrated compared to the national average. This indicates that while the profession is established, it is not overwhelmingly saturated, presenting a balanced environment for both job seekers and employers. The market is neither excessively competitive nor scarce, offering steady opportunities.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA Personal Financial Advisors Salary | $155,270↓ 1% | 55 mi |
| Bakersfield-Delano, CA Personal Financial Advisors Salary | $131,380↓ 16% | 80 mi |
| Santa Maria-Santa Barbara, CA Personal Financial Advisors Salary | $163,280↑ 4% | 88 mi |
Comparing salaries near Oxnard-Thousand Oaks-Ventura, CA
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Frequently Asked Questions
How much does a Personal Financial Advisors make in Oxnard-Thousand Oaks-Ventura, CA?
The median annual salary for a Personal Financial Advisors in Oxnard-Thousand Oaks-Ventura, CA is $157,150. This typically ranges from $60,640 for entry-level positions to $235,725 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Oxnard-Thousand Oaks-Ventura, CA is 2.0% lower than the national median of $160,360.
Is Oxnard-Thousand Oaks-Ventura, CA a lucrative place for Personal Financial Advisors?
Yes, with a stable earning potential.The average salary of $157,150 is very close to the national average, and the cost of living is exactly at the national average, indicating strong purchasing power. The consistent job market further supports its lucrativeness.
Is Oxnard-Thousand Oaks-Ventura, CA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Oxnard-Thousand Oaks-Ventura, CA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Oxnard-Thousand Oaks-Ventura, CA?
Some top paying nearby cities include Los Angeles-Long Beach-Anaheim, CA ($155,270) and Bakersfield-Delano, CA.
How does the Oxnard-Thousand Oaks-Ventura, CA salary compare to the national average?
The average salary for Personal Financial Advisors in Oxnard-Thousand Oaks-Ventura, CA is $157,150, which is slightly lower than the national average of $160,360.
What is the concentration of Personal Financial Advisors in this area?
The Location Quotient is 0.73, meaning the concentration of Personal Financial Advisors is 27% lower than the national average.
How many Personal Financial Advisors are there in Oxnard-Thousand Oaks-Ventura, CA?
There are approximately 410 Personal Financial Advisors employed in the Oxnard-Thousand Oaks-Ventura, CA metropolitan area.
What is the cost of living in Oxnard-Thousand Oaks-Ventura, CA?
The Cost of Living Index for Oxnard-Thousand Oaks-Ventura, CA is 100, which is exactly the national average.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 410 employees in the Oxnard-Thousand Oaks-Ventura, CA area with a job density of 1.272 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 Oxnard-Thousand Oaks-Ventura, CA