Financial Advisor Pay

Memphis vs Sevierville: Financial Advisor Salary (2026)

Compare financial advisor salaries between Memphis, TN and Sevierville, TN. All figures are 2026 estimates projected from BLS 2025 data.

Memphis, TN
$103,424
$49.72/hr
Sevierville, TN
$74,948
$36.03/hr

Side-by-Side Comparison

MetricMemphis, TNSevierville, TN
Median Salary$103,424$74,948
Hourly Rate$49.72$36.03
Entry Level (P10)$46,289$43,470
25th Percentile$62,187$53,963
75th Percentile$224,554$95,934
Top Earner (P90)$618,106$116,170
Total Employed7905
Side-by-side bar chart comparing Memphis ($103,424) and Sevierville ($74,948) financial advisor salaries.MemphisSeviervilleMedian Salary$103,424$74,948Entry Level (P10)$46,289$43,470Top Earner (P90)$618,106$116,170US Median $108,537

Verdict

Memphis, TN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Sevierville.

The salary gap between Memphis and Sevierville is $28,476 (37.99%). Memphis's median is -4.71% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Memphis spans $571,817,Sevierville spans $72,700. Memphis has a wider pay range, meaning more potential for high earners but also more variation.

Memphis
P10 (Entry)$46,289
P25$62,187
Median$103,424
P75$224,554
P90 (Top)$618,106
Sevierville
P10 (Entry)$43,470
P25$53,963
Median$74,948
P75$95,934
P90 (Top)$116,170

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Memphis ($112,199 effective) pays 37.43% more than Sevierville ($81,643 effective).

Memphis
Nominal: $103,424
CoL Index: 92.179
Adjusted: $112,199
Sevierville
Nominal: $74,948
CoL Index: 91.8
Adjusted: $81,643

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

Which City Is Right for You?

Choose Memphis if…

  • Higher median salary ($103,424/year)
  • Better top-earner potential ($618,106)
  • Larger job market (790 employed)
  • Better purchasing power (CoL-adjusted: $112,199)
  • You prefer the Tennessee area and lifestyle

Choose Sevierville if…

  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Memphis grew 65.7% from 2019 to 2025, compared to -9.0% growth in Sevierville over the same period.

Memphis, TN

+65.7%

$60,430 (2019) → $100,120 (2025)

Sevierville, TN

+-9.0%

$79,735 (2024) → $72,554 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Memphis or Sevierville?

Memphis has a higher median financial advisor salary at $103,424/year, compared to Sevierville at $74,948/year — a difference of $28,476 (37.99%).

What is the hourly rate difference between Memphis and Sevierville?

Memphis financial advisors earn $49.72/hr while Sevierville hygienists earn $36.03/hr (2026 est.).

Should I relocate from Memphis to Sevierville as a financial advisor?

Consider more than just salary when comparing Memphis and Sevierville. Factor in cost of living (CoL-adjusted: Memphis = $112,199, Sevierville = $81,643), job availability (790 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Memphis vs Sevierville?

Entry-level (10th percentile) financial advisors earn $46,289 in Memphis and $43,470 in Sevierville. The Memphis area offers higher starting salaries.
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