Average Personal Financial Advisors Salary in Portland-Vancouver-Hillsboro, OR-WA
Personal Financial Advisors in the Portland-Vancouver-Hillsboro, OR-WA metropolitan area earn an average annual salary of $139,230. This figure is notably below the national average of $160,360, suggesting that local market dynamics, such as industry demand and the cost of doing business, play a significant role in compensation levels within this region.
Executive Summary
- Average Salary: $139,230 per year.
- Growth Trend: Salaries have shifted 8.8% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $208,845.
- Outlook: The Portland-Vancouver-Hillsboro area supports a local workforce of 1,710 Personal Financial Advisors. With a Location Quotient of 0.8, the concentration of these roles is slightly below the national average, indicating a stable but not exceptionally concentrated job market. The presence of 1.41 jobs per 1,000 workers suggests a consistent demand for financial advisory services within the region.
Salary Overview
The average Personal Financial Advisors in Portland-Vancouver-Hillsboro, OR-WA earns-13.2%below the national average.
$66.9
$2,678
$11,603
Personal Financial Advisors Salary Trends (2020-2024)
While specific historical data is not provided, it is generally assumed that the field of Personal Financial Advising has experienced steady growth over the past four years, driven by increasing financial literacy and the need for expert guidance. This trend likely translates to incremental salary increases for professionals in the Portland-Vancouver-Hillsboro area, mirroring national patterns of compensation evolution.
Personal Financial Advisors Salary Distribution in Portland-Vancouver-Hillsboro, OR-WA
Career progression for Personal Financial Advisors typically involves a significant salary increase with experience. Entry-level positions may start at a lower percentile, while seasoned professionals with extensive client portfolios and specialized expertise can command salaries well above the average. The widening gap between entry-level and senior compensation reflects the accumulation of skills, client trust, and proven performance.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $51,960 | $25 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $104,423 | $50.2 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $100,990 | $48.6 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $174,038 | $83.7 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $208,845 | $100.4 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$139,230
Gross Pay
Real Wage (Purchasing Power)
$139,230
Adjusted for COL (100)
The average annual salary of $139,230 in Portland-Vancouver-Hillsboro aligns precisely with the national average 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, offering a balanced financial landscape where income and expenses are relatively matched.
Job Market Context
1,710
Total Jobs
1.41
Per 1K Jobs
0.8
Location Quotient
Portland-Vancouver-Hillsboro, OR-WA has 0.80x 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 0.8 for Personal Financial Advisors in Portland-Vancouver-Hillsboro indicates that the profession is slightly less concentrated here compared to the national average. This suggests that while the market is not saturated, there is a steady presence of these professionals, and opportunities are available without extreme competition, offering a moderate job market for financial advisors.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Salem, OR Personal Financial Advisors Salary | $110,150↓ 21% | 44 mi |
| Corvallis, OR Personal Financial Advisors Salary | $103,540↓ 26% | 72 mi |
| Coast Oregon nonmetropolitan area Personal Financial Advisors Salary | $107,700↓ 23% | 72 mi |
Comparing salaries near Portland-Vancouver-Hillsboro, OR-WA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Portland-Vancouver-Hillsboro, OR-WA?
The median annual salary for a Personal Financial Advisors in Portland-Vancouver-Hillsboro, OR-WA is $139,230. This typically ranges from $51,960 for entry-level positions to $208,845 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Portland-Vancouver-Hillsboro, OR-WA is 13.2% lower than the national median of $160,360.
Is Portland-Vancouver-Hillsboro, OR-WA a lucrative place for Personal Financial Advisors?
No, not exceptionally lucrative compared to the national average.While the average salary of $139,230 is substantial, it falls below the national average of $160,360, indicating less lucrative compensation in this specific metropolitan area.
Is Portland-Vancouver-Hillsboro, OR-WA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Portland-Vancouver-Hillsboro, OR-WA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Portland-Vancouver-Hillsboro, OR-WA?
Some top paying nearby cities include Salem, OR ($110,150) and Corvallis, OR.
How does the Portland-Vancouver-Hillsboro salary compare to the national average?
The average salary for Personal Financial Advisors in Portland-Vancouver-Hillsboro is $139,230, which is approximately 13% lower than the national average of $160,360.
What is the job concentration for Personal Financial Advisors in this area?
The Location Quotient of 0.8 signifies that Personal Financial Advisors are slightly less concentrated in Portland-Vancouver-Hillsboro compared to the national average, suggesting a stable but not overly dense job market.
How does the cost of living affect the salary in Portland-Vancouver-Hillsboro?
With a Cost of Living Index of 100, the local cost of living is at the national average. Therefore, the $139,230 salary offers purchasing power equivalent to the national average.
What is the total number of Personal Financial Advisors in the Portland-Vancouver-Hillsboro area?
There are approximately 1,710 Personal Financial Advisors employed within the Portland-Vancouver-Hillsboro 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 1,710 employees in the Portland-Vancouver-Hillsboro, OR-WA area with a job density of 1.41 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 Portland-Vancouver-Hillsboro, OR-WA