Financial Advisor Pay

Independence vs Springfield: Financial Advisor Salary (2026)

Compare financial advisor salaries between Independence, MO and Springfield, MO. All figures are 2026 estimates projected from BLS 2025 data.

Independence, MO
$78,967
$37.96/hr
Springfield, MO
$77,899
$37.45/hr

Side-by-Side Comparison

MetricIndependence, MOSpringfield, MO
Median Salary$78,967$77,899
Hourly Rate$37.96$37.45
Entry Level (P10)$45,801$36,041
25th Percentile$56,856$59,274
75th Percentile$101,077$161,117
Top Earner (P90)$122,398$307,741
Total Employed30210
Side-by-side bar chart comparing Independence ($78,967) and Springfield ($77,899) financial advisor salaries.IndependenceSpringfieldMedian Salary$78,967$77,899Entry Level (P10)$45,801$36,041Top Earner (P90)$122,398$307,741US Median $108,537

Verdict

Independence and Springfield are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Independence and Springfield is $1,068 (1.37%). Independence's median is -27.24% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Independence spans $76,597,Springfield spans $271,700. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Independence
P10 (Entry)$45,801
P25$56,856
Median$78,967
P75$101,077
P90 (Top)$122,398
Springfield
P10 (Entry)$36,041
P25$59,274
Median$77,899
P75$161,117
P90 (Top)$307,741

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Independence ($88,133 effective) pays 0.22% more than Springfield ($87,937 effective).

Independence
Nominal: $78,967
CoL Index: 89.6
Adjusted: $88,133
Springfield
Nominal: $77,899
CoL Index: 88.585
Adjusted: $87,937

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Independence if…

  • Higher median salary ($78,967/year)
  • Better purchasing power (CoL-adjusted: $88,133)
  • You prefer the Missouri area and lifestyle

Choose Springfield if…

  • Better top-earner potential ($307,741)
  • Larger job market (210 employed)
  • You prefer the Missouri area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Independence grew -9.1% from 2024 to 2025, compared to 19.8% growth in Springfield over the same period.

Independence, MO

+-9.1%

$84,126 (2024) → $76,444 (2025)

Springfield, MO

+19.8%

$62,950 (2019) → $75,410 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Independence or Springfield?

Independence has a higher median financial advisor salary at $78,967/year, compared to Springfield at $77,899/year — a difference of $1,068 (1.37%).

What is the hourly rate difference between Independence and Springfield?

Independence financial advisors earn $37.96/hr while Springfield hygienists earn $37.45/hr (2026 est.).

Should I relocate from Independence to Springfield as a financial advisor?

Consider more than just salary when comparing Independence and Springfield. Factor in cost of living (CoL-adjusted: Independence = $88,133, Springfield = $87,937), job availability (30 vs 210 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Independence vs Springfield?

Entry-level (10th percentile) financial advisors earn $45,801 in Independence and $36,041 in Springfield. The Independence area offers higher starting salaries.

Related Comparisons

JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov