Financial Advisor Salary in Sitka, AK: $106,391 (2026)
Quick Answer:A full-time financial advisor in Sitka, AK earns a median $106,391/year (≈ $51.15/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Sitka's price level (6% above national, BEA RPP 106.1), that paycheck buys what $100,274 would nationally. Nominal pay sits 7.6% below the Alaska state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Sitka, AK, can expect to earn a median annual salary of $106,391, which is slightly lower than the national median of $108,537. The projected salary range spans from $61,706 at the 10th percentile to $164,906 at the 90th percentile, indicative of a diverse market where earnings can vary significantly based on expertise and client portfolios. These figures, derived from 2025 BLS state-level data adjusted for local economic conditions, reflect the continuing prominence of credentialed advisors, particularly those with a CFP designation. The trend toward fee-only fiduciary practices is common here, aligning with the larger movement in the financial services industry that prioritizes client interests over commission-based models.
About the Sitka Market
Salary estimated from Alaska average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $61,706 | $29.67 |
| Lower Range (P25) | $76,601 | $36.83 |
| Median (P50)(typical) | $106,391 | $51.15 |
| Upper Range (P75) | $136,180 | $65.47 |
| Top Earners (P90) | $164,906 | $79.28 |
Median Salary Position
1.98% below the national average
2026 Salary Percentile Distribution in Sitka
In Sitka, AK, the financial advisor salary spread from the 10th to 90th percentile is $103,200 (2026 est.). At $106,391, the local median is 1.98% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Sitka: You'd be in the lower-middle range
How Sitka Financial Advisor Pay Compares
Sitka median: $106,391/year (2026)
| Compared To | Median Salary | Sitka Pays |
|---|---|---|
| Alaska Average | $115,141 | -7.60% less |
| National Average | $108,537 | -1.98% less |
Financial Advisors in Sitka, AK earn a median of $106,391 per year (2026 est.), which is 1.98% lower than the national median of $108,537 and 7.60% below the Alaska state average of $115,141.
Cost-of-Living Adjusted Salary
Sitka has a cost of living 6.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sitka, AK has a cost-of-living index of 106.1 (above the national average of 100). While the nominal salary of $106,391 is competitive, the higher cost of living reduces purchasing power to an effective $100,274 — a 5.75% reduction.
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2019 BLS Actual
$86,113
2025 BLS Actual
$102,992
2026 Current Est.
$106,391
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Sitka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $86,113 | Actual |
| 2020 | $87,563 | Actual |
| 2021 | $92,308 | Actual |
| 2022 | $93,503 | Actual |
| 2023 | $97,611 | Actual |
| 2024 | $93,121 | Actual |
| 2025 | $102,992 | Actual |
| 2026(current) | $106,391 | Estimated |
| 2027 | $109,902 | Projected |
Based on 7 years of BLS OEWS data for the Sitka metropolitan area, the median financial advisor salary grew 19.6% from $86,113 (2019) to $102,992 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $109,902 by 2027 — a total increase of $23,789 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sitka 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) | $61,706 – $76,601 |
| 3-5 years (Mid Career) | $76,601 – $106,391 |
| 5+ years (Experienced) | $106,391 – $136,180 |
| 10+ years (Top Earner) | $136,180 – $164,906 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Sitka
Only five financial advisors are currently employed in Sitka, creating a specialized local job market. The relatively high cost of living, with a cost-of-living index of 106.1, necessitates careful financial planning. This economic reality affects take-home payment, making it essential for advisors to maximize their compensation strategies. Larger firms such as wirehouses like Morgan Stanley and UBS may offer competitive salaries, but independent broker-dealers and Registered Investment Advisors (RIAs) often provide favorable fee structures that could lead to higher earnings, especially for advisors managing substantial AUM. The variance between lower and higher paying positions is often driven by factors such as AUM book size, fiduciary fee models, and client concentration. For advisors in Sitka, cultivating a high-net-worth clientele and considering equity partnerships could enhance earning potential in this evolving market.
More salary data for Sitka, AK:
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 $102,992 for financial advisorsin the Sitka 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 Sitka 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