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Average Personal Financial Advisors Salary in Santa Fe, NM

The average salary for Personal Financial Advisorss in Santa Fe, NM is $134,120. While this is lower than the national average, the cost of living in Santa Fe, NM may offset the difference, preserving real purchasing power.

Executive Summary

  • Average Salary: $134,120 per year.
  • Growth Trend: Salaries have shifted 1.3% ↘ over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $201,180.
  • Outlook: This role remains a specialized component of the broader Santa Fe, NM economy.
2024 Market Data

Salary Overview

$134,120

The average Personal Financial Advisors in Santa Fe, NM earns-16.4%below the national average.

BreakdownBased on 40h/week
Hourly

$64.5

Weekly

$2,579

Monthly

$11,177

Personal Financial Advisors Salary Distribution in Santa Fe, NM

The earning potential for Personal Financial Advisorss in Santa Fe, NM varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.0x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $49,800, while highly experienced professionals can command wages upwards of $201,180.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$49,800$23.9
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$100,590$48.4
ManagerOversees team, compliance, and project delivery.50% (Median)$92,370$44.4
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$167,650$80.6
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$201,180$96.7

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$134,120

Gross Pay

Real Wage (Purchasing Power)

$134,120

Adjusted for COL (100)

In Santa Fe, NM, the Cost of Living Index is 100. This increases your effective purchasing power from $134,120 to $134,120.

Nearby Job Markets

Nearby Cities for Personal Financial Advisors

CitySalaryDist.
Albuquerque, NM Personal Financial Advisors Salary$161,050↑ 20%54 mi
Eastern New Mexico nonmetropolitan area Personal Financial Advisors Salary$88,850↓ 34%59 mi

Comparing salaries near Santa Fe, NM

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Santa Fe, NM?

The median annual salary for a Personal Financial Advisors in Santa Fe, NM is $134,120. This typically ranges from $49,800 for entry-level positions to $201,180 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Santa Fe, NM is 16.4% lower than the national median of $160,360.

Is Santa Fe, NM a good place for Personal Financial Advisorss?

It depends on your priorities. While the average Personal Financial Advisors salary in Santa Fe, NM is $134,120 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Santa Fe, NM. See distinct detailed breakdown below.

Is Santa Fe, NM a good place to live for Personal Financial Advisors?

The Cost of Living Index in Santa Fe, NM is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Santa Fe, NM?

Some top paying nearby cities include Albuquerque, NM ($161,050) and Eastern New Mexico 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 employees in the Santa Fe, NM area with a job density of 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 Santa Fe, NM