What is the average Financial Advisor salary in Miami, FL?
Financial Advisors in Miami earn a median of $98,600 per year — about 1% below the national average. Pay ranges from $71,000 (25th percentile) to $152,800 (90th percentile).
Financial Advisor salary by experience level
How Miami pay compares
Cost-of-living adjusted is the Miami salary translated into equivalent purchasing power vs the US average (COL index 100). Useful for comparing offers across cities.
5-year salary trend
Trend extrapolated from BLS May 2024 BLS OEWS OEWS data using the latest year-over-year growth rate of 3.5%.
Financial Advisor job market in Miami
Miami has gained traction as a fintech and crypto hub. Florida has no state income tax. Cost of living is moderate but housing is climbing.
An estimated 1,600 financial advisors work in the Miami metro. Daily responsibilities typically include:
- Meet with clients
- Build financial plans
- Review portfolios
- Research investment options
- Maintain client records
Related job salaries in Miami
Financial Advisor salary in other cities
FAQ
How much does a Financial Advisor make in Miami, FL?+
Financial Advisors in Miami earn a median of $98,600 per year — about 1% below the national average of $99,580.
What's the entry-level Financial Advisor salary in Miami?+
Entry-level Financial Advisors in Miami typically earn around $64,100 per year. Salaries scale to about $143,000 at the senior level with 8+ years of experience.
Is $98,600 a good Financial Advisor salary in Miami?+
$98,600 is the median, meaning half of Financial Advisors in Miami earn more and half earn less. Adjusted for the city's cost-of-living index of 123, that's roughly $80,200 in nationally-equivalent purchasing power.
How fast is Financial Advisor pay growing in Miami?+
Financial Advisor salaries in Miami grew about 3.5% year-over-year in the latest BLS data. The 10-year national outlook for this role is +13%.
Where do Financial Advisors in Miami get paid the most?+
The 90th percentile Financial Advisor salary in Miami is around $152,800. These typically include senior, lead, or specialist roles at major employers.
Are you being paid fairly in Miami?
Run a free comparison against BLS data — see if your salary is below, at, or above the Miami median.
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