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Last updated: November 10, 2024
Financial Adviser Salary
in Alabama, United States
This page is an excerpt of the much more complete compensation information available in ERI's Assessor Series.
$91,109 (USD)
Average Salary
$44/hr
Average Hourly
$3,991
Average Bonus
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Last updated: November 10, 2024
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Salary Recap
The average pay for a Financial Adviser is $91,109 a year and $44 an hour in Alabama, United States. The average salary range for a Financial Adviser is between $51,021 and $113,614. On average, a Bachelor's Degree is the highest level of education for a Financial Adviser. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Alabama, United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
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Education and Skills
Education and Skills
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Salary Potential
Salary Potential
Estimated salary in 2029:
$102,340
5 Year Change:
12 %
Shift Differentials
Shift Differentials
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About Alabama, United States
Alabama Cost of Living Score:
Description:
Alabama ( AL-ə-BAM-ə) is a state in the Southeastern region of the United States. It borders Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama is the 30th largest by area and the 24th-most populous of the 50 U.S. states.
Alabama is nicknamed the Yellowhammer State, after the state bird. Alabama is also known as the "Heart of Dixie" and the "Cotton State". The state has diverse geography, with the north dominated by the mountainous Tennessee Valley and the south by Mobile Bay, a historically significant port. Alabama's capital is Montgomery...
Job Summary
Description:
- Provides guidance and advice to individuals regarding financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money.
- Collects, reviews, and analyzes client's financial circumstances to determine their financial objectives, current assets, income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, and other information needed to develop a financial plan.
- Analyzes information and develops financial plans best suited to individual clients' requirements.
- Advises clients on new and existing products and services, ensuring they are aware of and understand what best meets their needs.
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Salary Recap
The average pay for a Financial Adviser is $91,109 a year and $44 an hour in Alabama, United States. The average salary range for a Financial Adviser is between $51,021 and $113,614. On average, a Bachelor's Degree is the highest level of education for a Financial Adviser. This compensation analysis is based on salary survey data collected directly from employers and anonymous employees in Alabama, United States.
ERI's compensation data are based on salary surveys conducted and researched by ERI. Cost of labor data in the Assessor Series are based on actual housing sales data from commercially available sources, plus rental rates, gasoline prices, consumables, medical care premium costs, property taxes, effective income tax rates, etc.
Find actuarial salary survey data and benchmark salary and pay.
Powered by ERI's Database
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsJob Statistics
Financial Adviser Job Prevalence in the United States
Job family: Personal Financial Advisors
Job family population: 272,190
Estimated population of Financial Adviser jobs: 125,752
Rate of error: 1.4%
Take the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
About Alabama, United States
Alabama Cost of Living Score:
Description:
Alabama ( AL-ə-BAM-ə) is a state in the Southeastern region of the United States. It borders Tennessee to the north, Georgia to the east, Florida and the Gulf of Mexico to the south, and Mississippi to the west. Alabama is the 30th largest by area and the 24th-most populous of the 50 U.S. states.
Alabama is nicknamed the Yellowhammer State, after the state bird. Alabama is also known as the "Heart of Dixie" and the "Cotton State". The state has diverse geography, with the north dominated by the mountainous Tennessee Valley and the south by Mobile Bay, a historically significant port. Alabama's capital is Montgomery...
Job Summary
Description:
- Provides guidance and advice to individuals regarding financial matters, utilizing knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate to make recommendations on ways to utilize money.
- Collects, reviews, and analyzes client's financial circumstances to determine their financial objectives, current assets, income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, and other information needed to develop a financial plan.
- Analyzes information and develops financial plans best suited to individual clients' requirements.
- Advises clients on new and existing products and services, ensuring they are aware of and understand what best meets their needs.
Who We Are
ERI Economic Research Institute compiles the best salary, cost-of-living, and executive compensation survey data available.
View our ProductsTake the guess work out of setting pay
Determine competitive salary levels, compare employee compensation with market benchmarks, and get instant access to reliable salary survey data online.
You May Also Like
White Papers
National Compensation Forecast October 2024
ERI examines compensation trends and changes for the upcoming year to provide guidance on the expected salary increase for the upcoming year.
Read More
Remote Work, AI, and Compensation Best Practices Survey Results - Spring 2024
Learn how remote work and artificial intelligence changes how organizations approach labor and compensation practices.
Read More
Planning Global Compensation Budgets for 2025
Learn about current global salary trends and salary increases in 2024 to strategically inform your financial planning decision for the upcoming year.
Read More