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Personal financial advisors&

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Total Workforce
348,122
Average Age
43.7
Estimated Job Growth
14.9%
10-Year Projection
Average Salary
$133,515
Average Male Salary
$154,531
Average Female Salary
$87,439

Employment

Information on the businesses and industries that employ Personal financial advisors and on wages and locations for those in the field. Securities, commodities, funds, trusts & other financial investments is the industry that employs the most Personal financial advisors, both by share and by number, though the highest paid industry for Personal financial advisors, by average wage, is Real estate. Personal financial advisors are paid most in Westchester County (Northeast) PUMA, NY but are relatively concentrated in North Beach & Chinatown PUMA, CA.

Wages

Yearly Wage

Wage Distribution

Wage by Location

Spatial Concentration

Industries

Most Common

Dataset: Source:

Highest Paying

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Industries by Share

Diversity

Demographic information on Personal financial advisors in the US. The average age of male Personal financial advisors in the workforce is 44.2 and of female Personal financial advisors is 42.6, and the most common race/ethnicity for Personal financial advisors is White.

Gender Composition

Race & Ethnicity

Age by Gender

Education

Data on higher education choices for Personal financial advisors from The Department of Education and Census Bureau. The most common major for Personal financial advisors is Business but a relatively high number of Personal financial advisors hold a major in Personal & Culinary Services.

Majors

Skills

Data on the critical and distinctive skills necessary for Personal financial advisors from the Bureau of Labor Statistics. Personal financial advisors need many skills, but most especially Reading Comprehension, Speaking, and Active Listening. The revealed comparative advantage (RCA) shows that Personal financial advisors need more than the average amount of Management of Financial Resources, Operations Analysis, and Mathematics.

Radar Distribution

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Bar Chart

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Growth Projections

Projections on wages and job growth for Personal financial advisors from the Bureau of Labor Statistics. The ten-year national workforce is projected to grow 7.4%, but Personal financial advisors are expected to see a growth of 14.9% over the same period. This occupation is expected to grow faster than the national average.

Job Growth

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Management, business, science, & arts occupations
Major Occupation Group
Management, business, & financial occupations
Minor Occupation Group
Business & financial operations occupations
Broad Occupation
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