Financial Advisor Salary in Mobile, AL: $77,537 (2026)
Quick Answer:A full-time financial advisor in Mobile, AL earns a median $77,537/year (≈ $37.28/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Mobile's price level (12% below national, BEA RPP 88.1), that paycheck buys what $88,012 would nationally. Nominal pay sits 2.9% below the Alabama state average.
Official BLS data · View source
In the financial advisory field, a median annual salary of $77,537 in Mobile, Alabama highlights the local compensation landscape. When considering the broader salary range from $45,648 on the lower end to a dramatic $415,906 at the top end, the disparity reflects various factors that influence pay, such as the advisor's clientele and assets under management. This data, sourced from 2025 BLS OEWS surveys and projected for 2026, indicates a significant variance influenced by the ongoing shift in the financial sector towards fiduciary, fee-only advisors, particularly those with the CFP credential, who are commanding higher fees in a competitive market. Given that financial advisor salaries in Mobile are approximately 28.56% lower than the national average of $108,537, local advisors may find opportunities for growth as the market evolves.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $45,648 | $21.94 |
| Lower Range (P25) | $51,185 | $24.61 |
| Median (P50)(typical) | $77,537 | $37.28 |
| Upper Range (P75) | $139,248 | $66.95 |
| Top Earners (P90) | $415,906 | $199.96 |
Median Salary Position
28.56% below the national average
2026 Salary Percentile Distribution in Mobile
In Mobile, AL, the financial advisor salary spread from the 10th to 90th percentile is $370,258 (2026 est.). At $77,537, the local median is 28.56% below the national median of $108,537.
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At 40 hours/week in Mobile: You'd be in the entry-level range
How Mobile Financial Advisor Pay Compares
Mobile median: $77,537/year (2026)
| Compared To | Median Salary | Mobile Pays |
|---|---|---|
| Alabama Average | $79,853 | -2.90% less |
| National Average | $108,537 | -28.56% less |
Financial Advisors in Mobile, AL earn a median of $77,537 per year (2026 est.), which is 28.56% lower than the national median of $108,537 and 2.90% below the Alabama state average of $79,853.
Cost-of-Living Adjusted Salary
Mobile has a cost of living 11.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Mobile, AL has a cost-of-living index of 88.098 (below the national average of 100). A financial advisor earning $77,537 nominally has purchasing power equivalent to $88,012 in an average-cost city — an effective 13.51% boost.
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2019 BLS Actual
$58,930
2025 BLS Actual
$75,060
2026 Current Est.
$77,537
2019–2027 Growth
+35.9%
Salary Trajectory for Financial Advisors in Mobile (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $58,930 | Actual |
| 2020 | $64,760 | Actual |
| 2021 | $98,830 | Actual |
| 2022 | $77,980 | Actual |
| 2023 | $76,330 | Actual |
| 2024 | $79,500 | Actual |
| 2025 | $75,060 | Actual |
| 2026(current) | $77,537 | Estimated |
| 2027 | $80,096 | Projected |
Based on 7 years of BLS OEWS data for the Mobile metropolitan area, the median financial advisor salary grew 27.4% from $58,930 (2019) to $75,060 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $80,096 by 2027 — a total increase of $21,166 (35.92%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Mobile metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $45,648 – $51,185 |
| 3-5 years (Mid Career) | $51,185 – $77,537 |
| 5+ years (Experienced) | $77,537 – $139,248 |
| 10+ years (Top Earner) | $139,248 – $415,906 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Mobile
Local employment statistics show that there are 260 financial advisors actively working in Mobile, suggesting a stable job market despite broader trends affecting the industry. The cost of living index in Mobile is notably lower at 88.098, which means that while salaries may not match national averages, the purchasing power for financial advisors remains reasonable. Employers that typically offer higher salaries in Mobile include wirehouses like Morgan Stanley and Merrill Lynch, as well as independent firms such as Raymond James. The pay gap observed within the region can be attributed to various factors, including advisor credentials, the fee model employed—whether commission-based at wirehouses or AUM-focused at RIAs—and individual performance measures like assets under management. To maximize earnings, aspiring financial advisors in Mobile should consider positioning themselves with high-net-worth clients, pursuing their CFP designation, and exploring breakaway opportunities that may come with lucrative compensation packages.
More salary data for Mobile, AL:
Frequently Asked Questions
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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.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $75,060 for financial advisorsin the Mobile metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov