Financial advisor income largely depends on the number of clients and their net worth. So as taxes, jobs, cost of living and other factors draw both clients and advisors from one place to another, how much a financial advisor earns in a local area might also change.
To determine the latest income and employment trends for personal financial advisors, SmartAsset ranked 295 metro areas based on the percent change in median income for advisors, while also examining the change in the number of advisors working in the area.
SmartAsset reviewed data for 295 metro areas places for which data was available. Wage and occupation data comes from the Bureau of Labor Statistics for 2023 and 2022 for the personal financial advisor profession. Metro areas are ranked by the highest percentage growth in median personal financial advisor income over one year.
This story was produced by SmartAsset and reviewed and distributed by Stacker Media.