Average Personal Financial Advisors Salary in Shreveport-Bossier City, LA
The average salary for a Personal Financial Advisors in Shreveport-Bossier City, LA is $157,720. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $157,720 per year.
- Growth Trend: Salaries have shifted 37.1% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $236,580.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 110 professionals. This role remains a specialized component of the broader Shreveport-Bossier City, LA economy.
Salary Overview
The average Personal Financial Advisors in Shreveport-Bossier City, LA earns-1.6%below the national average.
$75.8
$3,033
$13,143
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Shreveport-Bossier City, LA have experienced a rapid surge, growing by 37.1%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Shreveport-Bossier City, LA
The earning potential for Personal Financial Advisorss in Shreveport-Bossier City, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 6.6x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $35,950, while highly experienced professionals can command wages upwards of $236,580.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $35,950 | $17.3 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $118,290 | $56.9 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $74,780 | $36 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $197,150 | $94.8 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $236,580 | $113.7 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$157,720
Gross Pay
Real Wage (Purchasing Power)
$157,720
Adjusted for COL (100)
In Shreveport-Bossier City, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $157,720 to $157,720.
Job Market Context
110
Total Jobs
0.719
Per 1K Jobs
0.41
Location Quotient
At 0.41x, Shreveport-Bossier City, LA has a notably lower concentration of Personal Financial Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
110 people work as Personal Financial Advisors in Shreveport-Bossier City, LA.
Only 0.719 out of every 1,000 local jobs are Personal Financial Advisors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Longview, TX Personal Financial Advisors Salary | $88,400↓ 44% | 56 mi |
| Texarkana, TX-AR Personal Financial Advisors Salary | $93,320↓ 41% | 70 mi |
| Tyler, TX Personal Financial Advisors Salary | $127,750↓ 19% | 89 mi |
Comparing salaries near Shreveport-Bossier City, LA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Shreveport-Bossier City, LA?
The median annual salary for a Personal Financial Advisors in Shreveport-Bossier City, LA is $157,720. This typically ranges from $35,950 for entry-level positions to $236,580 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Shreveport-Bossier City, LA is 1.6% lower than the national median of $160,360.
Is Shreveport-Bossier City, LA a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Shreveport-Bossier City, LA is $157,720 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Shreveport-Bossier City, LA. See distinct detailed breakdown below.
Is Shreveport-Bossier City, LA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Shreveport-Bossier City, LA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Shreveport-Bossier City, LA?
Some top paying nearby cities include Longview, TX ($88,400) and Texarkana, TX-AR.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 110 employees in the Shreveport-Bossier City, LA area with a job density of 0.719 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Personal Financial Advisors Salaries by State
Top Jobs in Shreveport-Bossier City, LA
- All Occupations Salary in Shreveport-Bossier City, LA
- Office and Administrative Support Occupations Salary in Shreveport-Bossier City, LA
- Food Preparation and Serving Related Occupations Salary in Shreveport-Bossier City, LA
- Sales and Related Occupations Salary in Shreveport-Bossier City, LA
- Healthcare Practitioners and Technical Occupations Salary in Shreveport-Bossier City, LA
- Transportation and Material Moving Occupations Salary in Shreveport-Bossier City, LA
- Management Occupations Salary in Shreveport-Bossier City, LA
- Educational Instruction and Library Occupations Salary in Shreveport-Bossier City, LA
- Healthcare Support Occupations Salary in Shreveport-Bossier City, LA
- Construction and Extraction Occupations Salary in Shreveport-Bossier City, LA
- Browse All Jobs in Shreveport-Bossier City, LA →
Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Shreveport-Bossier City, LA