Financial Advisor Salary in Anchorage, AK: $119,699 (2026)
Quick Answer:A full-time financial advisor in Anchorage, AK earns a median $119,699/year (≈ $57.55/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Anchorage's price level (6% above national, BEA RPP 106.1), that paycheck buys what $112,817 would nationally. Nominal pay sits 3.9% above the Alaska state average.
Based on BLS state-level estimates · View source
Anchorage, Alaska offers compelling financial advisor compensation, with a projected median annual salary of $119,699 for 2026. This figure reflects a robust earning potential within a competitive market, particularly when compared to the national median of $108,537, representing a notable 10.28% advantage for local advisors. The salary range spans from $69,426 at the 10th percentile to $185,533 at the 90th percentile, highlighting significant variability in earnings tied to individual circumstances, client book size, and chosen business model. Local estimates derived from 2025 BLS data and regional cost adjustments suggest that the bifurcation between wirehouse and independently registered investment advisor (RIA) structures continues to influence advisor compensation trends in Anchorage.
About the Anchorage Market
Salary estimated from Alaska average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,426 | $33.38 |
| Lower Range (P25) | $86,183 | $41.43 |
| Median (P50)(typical) | $119,699 | $57.55 |
| Upper Range (P75) | $153,215 | $73.66 |
| Top Earners (P90) | $185,533 | $89.20 |
Median Salary Position
10.28% above the national average
2026 Salary Percentile Distribution in Anchorage
In Anchorage, AK, the financial advisor salary spread from the 10th to 90th percentile is $116,107 (2026 est.). At $119,699, the local median is 10.28% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Anchorage: You'd be in the lower-middle range
How Anchorage Financial Advisor Pay Compares
Anchorage median: $119,699/year (2026)
| Compared To | Median Salary | Anchorage Pays |
|---|---|---|
| Alaska Average | $115,206 | +3.90% more |
| National Average | $108,537 | +10.28% more |
Financial Advisors in Anchorage, AK earn a median of $119,699 per year (2026 est.), which is 10.28% higher than the national median of $108,537 and 3.90% above the Alaska state average of $115,206.
Cost-of-Living Adjusted Salary
Anchorage has a cost of living 6.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Anchorage, AK has a cost-of-living index of 106.1 (above the national average of 100). While the nominal salary of $119,699 is competitive, the higher cost of living reduces purchasing power to an effective $112,817 — a 5.75% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$71,900
2025 BLS Actual
$115,875
2026 Current Est.
$119,699
2019–2027 Growth
+72.0%
Salary Trajectory for Financial Advisors in Anchorage (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $71,900 | Actual |
| 2020 | $74,680 | Actual |
| 2021 | $99,150 | Actual |
| 2022 | $95,050 | Actual |
| 2023 | $88,910 | Actual |
| 2024 | $104,770 | Actual |
| 2025 | $115,875 | Actual |
| 2026(current) | $119,699 | Estimated |
| 2027 | $123,649 | Projected |
Based on 7 years of BLS OEWS data for the Anchorage metropolitan area, the median financial advisor salary grew 61.2% from $71,900 (2019) to $115,875 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $123,649 by 2027 — a total increase of $51,749 (71.97%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Anchorage 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) | $69,426 – $86,183 |
| 3-5 years (Mid Career) | $86,183 – $119,699 |
| 5+ years (Experienced) | $119,699 – $153,215 |
| 10+ years (Top Earner) | $153,215 – $185,533 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Anchorage
Over 65 financial advisors currently serve clients in Anchorage, and the employment landscape reflects opportunities across a mix of organizational structures. The cost of living index stands at 106.1, indicating that while financial advisor pay in Anchorage is competitive, lower purchasing power relative to national averages can impact take-home income. Employers like Morgan Stanley, Merrill Lynch, and UBS tend to offer higher salaries but often operate on a commission basis. In contrast, RIAs may attract clients through a fee-based model focused on assets under management. Factors such as client concentration, AUM book size, and credentials like CFP or CFA can significantly affect salary spreads. For those looking to maximize their pay in this market, pursuing higher credentials, maintaining a focused high-net-worth clientele, or transitioning from a commission-based structure to a fiduciary model can prove advantageous.
More salary data for Anchorage, AK:
Frequently Asked Questions
How much do financial advisors make in Anchorage, AK in 2026?
Is Anchorage, AK a good place to work as a financial advisor?
Can financial advisors make $100K in Anchorage?
What is the cost-of-living adjusted financial advisor salary in Anchorage?
How much does a financial advisor make per hour in Anchorage?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alaska
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 $115,875 for financial advisorsin the Anchorage 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
Salary data for Anchorage is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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