Business and Financial Operations

Personal Financial Advisors Salary in Los Angeles, CA (2024)

Personal Financial Advisors in the Los Angeles-Long Beach-Anaheim, CA metro area earn a median of $121,940 per year ($58.62 per hour) based on 12,240 jobs counted by the Bureau of Labor Statistics in 2024. That is +19.4% against the national median of $102,140 for this occupation.

Median annual
$121,940
$58.62 / hour
Average annual
$155,270
mean, pulled up by top earners
Employment
12,240
1.98 per 1,000 local jobs
Local median, all jobs
$53,490
this job pays +128.0% vs that

Pay distribution

The median is a single point on a wide curve. The table below shows where personal financial advisors actually sit across the pay range in Los Angeles, CA, from the bottom decile to the top.

Annual and hourly wages for Personal Financial Advisors in Los Angeles-Long Beach-Anaheim, CA, 2024. Hourly figures for percentiles are annual ÷ 2,080 hours.
Percentile Hourly Annual Note
10th percentile $30.54 $63,530
25th percentile $37.71 $78,430
Median $58.62 $121,940 half earn more, half earn less
75th percentile $81.63 $169,800
90th percentile — —
Average (mean) $74.65 $155,270
10th pct$63,53025th pct$78,430Median$121,94075th pct$169,800
Annual wage by percentile, Personal Financial Advisors, Los Angeles, CA. Source: BLS OEWS 2024.

How Los Angeles, CA compares

The local median of $121,940 runs +19.4% above the US median of $102,140 for this occupation; it pays 128.0% more than the metro-wide median across all jobs ($53,490); within the metro it ranks 90th of 733 detailed occupations by median pay.

Benchmarks for Personal Financial Advisors, 2024
Benchmark Median annual Difference
Los Angeles, CA — this occupation $121,940 —
US median, same occupation (all areas) $102,140 +19.4%
Los Angeles, CA — all occupations $53,490 +128.0%
Highest metro in the US for this job $168,350 -27.6%
Reading this data

The location quotient of 1.13 is close to 1.0: the occupation's share of local employment tracks the national average.

High confidence The relative standard error on this estimate is 4.9%, which is a tight margin — the figure is stable enough to plan around.

Ranked 90th of 733 detailed occupations in the metro by median annual wage.

Highest-paying jobs in Los Angeles, CA

To put $121,940 in context, these are the best-paid detailed occupations in the same metro area. This occupation sits 90th.

Top 10 occupations by median annual wage, Los Angeles-Long Beach-Anaheim, CA
Occupation Median annual Employment
Obstetricians and Gynecologists $235,930 —
Chief Executives $231,500 12,420
Lawyers $205,900 40,990
Podiatrists $193,510 370
Computer and Information Systems Managers $191,410 24,260
Nurse Midwives $190,230 190
Architectural and Engineering Managers $181,400 8,850
Family Medicine Physicians $179,990 —
Commercial Pilots $177,300 2,110
Dentists, General $176,200 4,300

Where personal financial advisors earn the most

Across the 24 metro areas with released data for this occupation, medians run from $78,650 to $168,350. These are the top markets.

Top metros by median annual wage, Personal Financial Advisors
Metro area Median annual Employment
New York-Newark-Jersey City, NY-NJ $168,350 28,950
San Francisco-Oakland-Fremont, CA $157,510 8,830
San Diego-Chula Vista-Carlsbad, CA $128,400 2,810
Los Angeles-Long Beach-Anaheim, CA $121,940 12,240
Baltimore-Columbia-Towson, MD $114,490 3,540
Seattle-Tacoma-Bellevue, WA $112,020 4,860
Washington-Arlington-Alexandria, DC-VA-MD-WV $109,520 4,320
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD $109,390 7,370
Chicago-Naperville-Elgin, IL-IN $108,640 8,170
Miami-Fort Lauderdale-West Palm Beach, FL $108,310 7,180

See the full national picture on the Personal Financial Advisors salary by metro page.

Frequently asked questions

What is the median salary for personal financial advisors in Los Angeles, CA?

The median annual wage is $121,940, or $59 per hour. That means half of the personal financial advisors working in the Los Angeles-Long Beach-Anaheim, CA metro area earn more than this figure and half earn less. The average is $155,270.

Is personal financial advisors pay in Los Angeles, CA above the local average?

Yes, it is 128.0% above the all-occupation median for the metro, which is $53,490. That comparison is the fairer one for judging local purchasing power, because it holds the metro's overall cost and wage level constant.

How does Los Angeles, CA pay compare with the rest of the US for this job?

At $121,940 the metro median is 19.4% higher than the US median of $102,140 for personal financial advisors. Across the 24 metro areas covered here, this occupation ranges from $78,650 to $168,350.

How many personal financial advisors work in Los Angeles, CA?

BLS counts about 12,240 people in this occupation in the metro area, or 1.98 jobs per 1,000 total jobs. The location quotient of 1.13 is close to 1.0: the occupation's share of local employment tracks the national average.

About these figures

Method and limits

Figures come from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey for 2024 (employment relative standard error 9.2%). OEWS measures what employers pay, not what any individual earns; it excludes self-employed workers, and it does not adjust for local cost of living.

Read the full methodology, or the original data at bls.gov/oes.