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Average Personal Financial Advisors Salary in San Luis Obispo-Paso Robles, CA

The average salary for Personal Financial Advisorss in San Luis Obispo-Paso Robles, CA is $123,880. While this is lower than the national average, the cost of living in San Luis Obispo-Paso Robles, CA may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $123,880 per year.
  • Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $210,760.
  • Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 150 professionals. This role remains a specialized component of the broader San Luis Obispo-Paso Robles, CA economy.
2024 Market Data

Salary Overview

$123,880

The average Personal Financial Advisors in San Luis Obispo-Paso Robles, CA earns-22.7%below the national average.

BreakdownBased on 40h/week
Hourly

$59.6

Weekly

$2,382

Monthly

$10,323

Personal Financial Advisors Salary Distribution in San Luis Obispo-Paso Robles, CA

The earning potential for Personal Financial Advisorss in San Luis Obispo-Paso Robles, CA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.4x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $61,850, while highly experienced professionals can command wages upwards of $210,760.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$61,850$29.7
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$92,910$44.7
ManagerOversees team, compliance, and project delivery.50% (Median)$91,260$43.9
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$154,850$74.4
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$210,760$101.3

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$123,880

Gross Pay

Real Wage (Purchasing Power)

$123,880

Adjusted for COL (100)

In San Luis Obispo-Paso Robles, CA, the Cost of Living Index is 100. This increases your effective purchasing power from $123,880 to $123,880.

Job Market Context

150

Total Jobs

1.237

Per 1K Jobs

0.71

Location Quotient

Below Average

San Luis Obispo-Paso Robles, CA has 0.71x 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.

150 people work as Personal Financial Advisors in San Luis Obispo-Paso Robles, CA.

1.237 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.

Nearby Job Markets

Nearby Cities for Personal Financial Advisors

CitySalaryDist.
Santa Maria-Santa Barbara, CA Personal Financial Advisors Salary$163,280↑ 32%26 mi
North Coast Region of California nonmetropolitan area Personal Financial Advisors Salary$153,360↑ 24%81 mi
North Valley-Northern Mountains Region of California nonmetropolitan area Personal Financial Advisors Salary$157,300↑ 27%81 mi
Bakersfield-Delano, CA Personal Financial Advisors Salary$131,380↑ 6%92 mi

Comparing salaries near San Luis Obispo-Paso Robles, CA

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in San Luis Obispo-Paso Robles, CA?

The median annual salary for a Personal Financial Advisors in San Luis Obispo-Paso Robles, CA is $123,880. This typically ranges from $61,850 for entry-level positions to $210,760 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in San Luis Obispo-Paso Robles, CA is 22.7% lower than the national median of $160,360.

Is San Luis Obispo-Paso Robles, CA a good place for Personal Financial Advisorss?

It depends on your priorities. While the average Personal Financial Advisors salary in San Luis Obispo-Paso Robles, CA is $123,880 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of San Luis Obispo-Paso Robles, CA. See distinct detailed breakdown below.

Is San Luis Obispo-Paso Robles, CA a good place to live for Personal Financial Advisors?

The Cost of Living Index in San Luis Obispo-Paso Robles, CA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near San Luis Obispo-Paso Robles, CA?

Some top paying nearby cities include Santa Maria-Santa Barbara, CA ($163,280) and North Coast Region of California nonmetropolitan area.

Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 150 employees in the San Luis Obispo-Paso Robles, CA area with a job density of 1.237 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.

Top Jobs in San Luis Obispo-Paso Robles, CA

Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in San Luis Obispo-Paso Robles, CA