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Average Personal Financial Advisors Salary in Slidell-Mandeville-Covington, LA

The average salary for a Personal Financial Advisors in Slidell-Mandeville-Covington, LA is $146,730. This compensation is in line with national standards, reflecting a balanced and stable local job market.

Executive Summary

  • Average Salary: $146,730 per year.
  • Growth Trend: Salaries have shifted 0.0% over the last 5 years.
  • Top Earners: Senior professionals (90th percentile) earn up to $220,095.
  • Outlook: This role remains a specialized component of the broader Slidell-Mandeville-Covington, LA economy.
2024 Market Data

Salary Overview

$146,730

The average Personal Financial Advisors in Slidell-Mandeville-Covington, LA earns-8.5%below the national average.

BreakdownBased on 40h/week
Hourly

$70.5

Weekly

$2,822

Monthly

$12,228

Personal Financial Advisors Salary Distribution in Slidell-Mandeville-Covington, LA

The earning potential for Personal Financial Advisorss in Slidell-Mandeville-Covington, LA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 4.7x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $46,840, while highly experienced professionals can command wages upwards of $220,095.

Experience LevelMarket PercentileAnnual WageHourly Rate
Associate / AnalystData entry, reporting, supporting senior staff.10% (Entry)$46,840$22.5
Senior AnalystIndependent analysis, forecasting, client interaction.25% (Junior)$110,048$52.9
ManagerOversees team, compliance, and project delivery.50% (Median)$79,990$38.5
Director / VPStrategic planning, budget ownership, risk management.75% (Senior)$183,413$88.2
Executive / PartnerC-level leadership. High-level strategy & relations.90% (Expert)$220,095$105.8

Detailed Personal Financial Advisors Market Analysis

Relocation Context

Nominal Salary

$146,730

Gross Pay

Real Wage (Purchasing Power)

$146,730

Adjusted for COL (100)

In Slidell-Mandeville-Covington, LA, the Cost of Living Index is 100. This increases your effective purchasing power from $146,730 to $146,730.

Nearby Job Markets

Nearby Cities for Personal Financial Advisors

Comparing salaries near Slidell-Mandeville-Covington, LA

Hiring Personal Financial Advisorss?

Frequently Asked Questions

How much does a Personal Financial Advisors make in Slidell-Mandeville-Covington, LA?

The median annual salary for a Personal Financial Advisors in Slidell-Mandeville-Covington, LA is $146,730. This typically ranges from $46,840 for entry-level positions to $220,095 for top-level roles.

How does the salary compare to the national average?

The average salary for this role in Slidell-Mandeville-Covington, LA is 8.5% lower than the national median of $160,360.

Is Slidell-Mandeville-Covington, LA a good place for Personal Financial Advisorss?

It depends on your priorities. While the average Personal Financial Advisors salary in Slidell-Mandeville-Covington, LA is $146,730 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Slidell-Mandeville-Covington, LA. See distinct detailed breakdown below.

Is Slidell-Mandeville-Covington, LA a good place to live for Personal Financial Advisors?

The Cost of Living Index in Slidell-Mandeville-Covington, LA is 100. While higher than average, this often correlates with higher wages.

Where are the highest paying cities near Slidell-Mandeville-Covington, LA?

Some top paying nearby cities include New Orleans-Metairie, LA ($183,620) and Gulfport-Biloxi, MS.

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 Slidell-Mandeville-Covington, LA area with a job density of per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.