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.
Salary Overview
The average Personal Financial Advisors in Slidell-Mandeville-Covington, LA earns-8.5%below the national average.
$70.5
$2,822
$12,228
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Slidell-Mandeville-Covington, LA is limited, but current market signals indicate a stable demand environment.
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 Level | Market Percentile | Annual Wage | Hourly 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
| City | Salary | Dist. |
|---|---|---|
| New Orleans-Metairie, LA Personal Financial Advisors Salary | $183,620↑ 25% | 18 mi |
| Gulfport-Biloxi, MS Personal Financial Advisors Salary | $95,340↓ 35% | 44 mi |
| Hattiesburg, MS Personal Financial Advisors Salary | $135,000↓ 8% | 76 mi |
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.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Slidell-Mandeville-Covington, LA