Financial Advisor Pay

Financial Advisor Salary in California: $135,266 (2026)

Quick Answer:Across California's 157 metropolitan areas, the average median financial advisor pay sits at $135,266/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 13-2052. Because California sits at BEA RPP 113.1 (13% above the U.S. baseline), that statewide median translates to roughly $119,599 in nationally-comparable purchasing power. Highest-paying metros: Oakland ($164,265), Fremont ($160,642), San Francisco ($160,610).

Financial Advisor Salary in California - 2025 BLS Data Infographic
California financial advisor salary overview (2026)
$135,266
Avg Median Salary
$65.03
Avg Hourly Rate
32,749
Metro Employed
157
Cities

In 2026, the average median salary for financial advisors in California is projected to be $135,266, significantly higher than the national median of $108,537, reflecting a difference of +24.6%. This disparity is driven by various factors, including the cost of living, the concentration of high-net-worth clients, and California's robust financial services sector. The highest paying city, Oakland, sees salaries up to $169,686, while the lowest, Chico, offers $91,524—illustrating a salary gap of $78,162. This gap is influenced by regional demand, the presence of affluent communities, and varying levels of competition across different metropolitan areas. California's financial advisors must adhere to state licensing requirements and navigate a complex regulatory environment, which includes specific scope of practice laws. The state also shows a promising job market, with an annual growth rate projected at 3.30%, indicating steady demand for financial advising services. With a total of 32,749 financial advisors employed in the state, cities like Fremont ($165,943), San Francisco ($165,910), Sunnyvale ($144,654), and Santa Clara ($143,704) highlight the diverse earning potential available across various locations.

California Financial Advisor Salary Range

Entry Level (10th %ile)
$71,673
avg across 157 cities
Median
$135,266
state average
Top Earners (90th %ile)
$344,883
avg across 157 cities

Overall salary range in California: $53,086 (lowest entry-level) to $498,040 (highest top earner)

California vs National Average

California
$135,266
National Median
$108,537

California financial advisors earn 24.63% more than the national median (+$26,729/year difference).

California Financial Advisor Salary Distribution (2026)

Vertical bar chart showing California financial advisor salary percentiles: 10th percentile $71,673, 25th $90,242, Median $135,266, 75th $207,725, 90th $344,883. US national median is $108,537.$96.6K$193.1K$289.7K$386.3K$71.7K10thEntry Level$90.2K25thEarly Career$135.3KMedianMid Career$207.7K75thExperienced$344.9K90thTop EarnerUS Median $108.5K

Financial Advisor salaries in California range from $71,673 (entry-level, 10th percentile) to $344,883 (top earners, 90th percentile), with a median of $135,266. The California median is $26,729 above the US national median of $108,537. The average hourly rate is $65.03/hr. Approximately 32,749 financial advisors are employed across 157 cities.

2019 BLS Actual

$95,060

2025 BLS Actual

$130,945

2026 Current Est.

$135,266

2019–2027 Growth

+47.0%

Salary Trajectory for Financial Advisors in California (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.

BLS Actual Estimated Projected
Salary trajectory chart for financial advisors in California. Baseline $95,060 in 2025, projected to $139,730 by 2027.$86.1K$101.8K$117.4K$133.0K$148.7K2019202020212022202320242025202620272025 BLS$95.1K$100.8K$108.6K$103.9K$107.7K$133.9K$130.9K$135.3K$139.7K
YearAnnual SalaryStatus
2019$95,060Actual
2020$100,823Actual
2021$108,576Actual
2022$103,943Actual
2023$107,709Actual
2024$133,925Actual
2025$130,945Actual
2026(current)$135,266Estimated
2027$139,730Projected

Based on 7 years of BLS OEWS data for the California metropolitan area, the median financial advisor salary grew 37.8% from $95,060 (2019) to $130,945 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $139,730 by 2027 — a total increase of $44,670 (46.99%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the California metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Top 5 Highest Paying Cities in California

#1
Oakland
78 employed · $81.58/hr
$169,686
+25.45% vs avg
#2
Fremont
43 employed · $79.78/hr
$165,943
+22.68% vs avg
#3
San Francisco
7,130 employed · $79.77/hr
$165,910
+22.65% vs avg
#4
Sunnyvale
26 employed · $69.54/hr
$144,654
+6.94% vs avg
#5
Santa Clara
32 employed · $69.09/hr
$143,704
+6.24% vs avg

Lowest Paying Cities in California

CityMedian Salary
Chico$91,524
San Luis Obispo$94,354
Redding$96,771
Lodi$97,636
Stockton$99,003

Best Value Cities for Financial Advisors in California

When adjusted for local cost of living, these California cities offer the most purchasing power for financial advisors.

CityNominal SalaryCoL IndexAdjusted Salary
Oakland$169,686113.1$150,032
Fremont$165,943113.1$146,722
San Francisco$165,910115.613$143,505
Visalia$128,00999.825$128,233
San Jose$141,335110.423$127,994

Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.

Salary by Experience Level in California

Experience LevelEstimated Annual
Entry Level (0-2 years)$71,673
Mid Career (3-7 years)$135,266
Experienced (7+ years)$344,883

Estimates based on BLS percentile data averaged across California metro areas. Individual pay varies by employer, certifications, and specialization.

All 157 Cities in California

#CityMedian Salary
1Oakland$169,686
2Fremont$165,943
3San Francisco$165,910
4Sunnyvale$144,654
5Santa Clara$143,704
6San Jose$141,335
7Chula Vista$134,787
8San Diego$134,631
9Carlsbad$133,505
10Folsom$133,066
11Sacramento$132,172
12Roseville$131,628
13Napa$131,439
14Anaheim$130,887
15Long Beach$129,025
16Los Angeles$128,598
17Santa Maria$128,485
18Visalia$128,009
19Santa Cruz$126,202
20Vallejo$124,446
21Santa Ana$122,124
22Fontana$119,864
23Irvine$119,733
24Pomona$119,148
25Simi Valley$119,083
26Escondido$119,055
27Fairfield$118,840
28Fullerton$118,403
29Daly City$118,300
30El Monte$118,263
31Vista$118,198
32Concord$118,170
33Clovis$117,993
34Garden Grove$117,873
35Temecula$117,845
36Santa Clarita$117,765
37Lancaster$117,611
38Inglewood$117,611
39Corona$117,462
40Richmond$117,444
41Rialto$117,388
42Torrance$117,239
43Elk Grove$117,015
44Oceanside$116,987
45Whittier$116,953
46San Rafael$116,944
47Rancho Cucamonga$116,838
48Hayward$116,773
49Woodland$116,743
50Buena Park$116,725
51Encinitas$116,716
52Downey$116,708
53Dublin$116,643
54Redlands$116,606
55Chino$116,542
56Westminster$116,506
57Santa Monica$116,497
58San Mateo$116,484
59Tulare$116,451
60San Buenaventura$116,410
61Mission Viejo$116,332
62Moreno Valley$116,331
63Pleasanton$116,314
64Pasadena$116,149
65Santee$116,068
66Glendale$115,964
67Mountain View$115,904
68Pittsburg$115,894
69Novato$115,858
70Costa Mesa$115,814
71Berkeley$115,693
72Huntington Beach$115,665
73Jurupa Valley$115,563
74Hemet$115,529
75Union City$115,520
76West Covina$115,507
77Chino Hills$115,474
78Gilroy$115,310
79Bakersfield$115,262
80San Marcos$115,246
81Tustin$115,145
82San Ramon$115,136
83Eastvale$115,027
84Murrieta$115,022
85Vacaville$115,022
86Brentwood$114,972
87Hesperia$114,917
88Lake Elsinore$114,908
89Citrus Heights$114,762
90El Cajon$114,659
91San Clemente$114,625
92Bellflower$114,579
93Palmdale$114,529
94La Mirada$114,528
95Apple Valley$114,507
96Menifee$114,473
97Yucaipa$114,424
98Norwalk$114,417
99Yuba City$114,370
100Rancho Cordova$114,315
101Montebello$114,205
102Compton$114,160
103Porterville$114,077
104Lompoc$114,063
105Hawthorne$113,886
106Antioch$113,849
107Burbank$113,840
108Alhambra$113,575
109Livermore$113,575
110Orange$113,541
111South Gate$113,539
112Victorville$113,513
113West Sacramento$113,475
114Poway$113,445
115San Leandro$113,292
116Indio$113,165
117Lake Forest$113,165
118Carson$112,964
119Rocklin$112,945
120Newport Beach$112,754
121Redwood City$112,745
122Turlock$112,718
123Manteca$112,681
124Perris$112,671
125Madera$112,580
126Baldwin Park$112,380
127Palo Alto$112,380
128Lakewood$112,334
129Hanford$112,105
130Beaumont$112,005
131Merced$111,988
132Tracy$111,978
133Alameda$111,941
134Laguna Niguel$111,914
135Milpitas$111,859
136Camarillo$111,622
137Oakley$111,576
138Davis$111,549
139Upland$111,467
140La Habra$111,303
141Lynwood$111,257
142Brea$109,358
143Modesto$108,548
144Salinas$107,876
145Santa Rosa$107,101
146Petaluma$106,078
147Fresno$103,548
148Oxnard$101,503
149Thousand Oaks$101,092
150Ontario$100,609
151San Bernardino$99,394
152Riverside$99,271
153Stockton$99,003
154Lodi$97,636
155Redding$96,771
156San Luis Obispo$94,354
157Chico$91,524

More California Salary Data

Hourly Rates

Explore financial advisor hourly pay in California cities.

Entry Level

Starting salaries for new financial advisors.

Senior / Experienced

Top earner salaries for experienced financial advisors.

Compare Cities in California

View all comparisons →

Explore More Financial Advisor Salary Data

Frequently Asked Questions

How much do financial advisors make in California in 2026?

The average median financial advisor salary in California is $135,266/year across 157 metro areas, based on estimated 2026 (projected from 2025 BLS data). Salaries range from $91,524 in Chico to $169,686 in Oakland. This makes California one of the higher-paying states, at 24.63% above the national median of $108,537. The state employs approximately 32,749 financial advisors.

What is the highest paying city for financial advisors in California?

Oakland offers the highest financial advisor salary in California at $169,686/year ($81.58/hr), based on estimated 2026 (projected from 2025 BLS data). The top 3 highest-paying cities are Oakland ($169,686), Fremont ($165,943), San Francisco ($165,910). Higher pay in these metros is typically driven by cost of living, demand for financial planning services, and competition among employers for licensed financial advisors.

How does California financial advisor pay compare to the national average?

California's average financial advisor salary of $135,266 is 24.63% above the national median of $108,537 in 2026. The state employs approximately 32,749 financial advisors across 157 metropolitan areas. When comparing salaries, consider cost-of-living differences — a lower nominal salary in an affordable area may provide better purchasing power than a higher salary in an expensive metro.

What is the entry-level financial advisor salary in California?

Entry-level financial advisors (10th percentile) in California earn approximately $71,673/year on average, based on estimated 2026 (projected from 2025 BLS data). Starting salaries range from $53,086 in lower-paying areas to $98,418 in the highest-paying metros. New graduates should expect salaries at the lower end and can typically reach the area median within 3–5 years of clinical experience.

How many financial advisors are employed in California?

California employs approximately 32,749 financial advisors across 157 metropolitan areas, based on the latest BLS data. This makes California one of the larger employers of financial advisors nationally. Demand continues to grow as the financial planning field expands and the population ages.

Which California city offers the best value for financial advisors?

When adjusted for cost of living, Oakland offers the highest purchasing power for financial advisors in California, with an adjusted salary of $150,032 (nominal: $169,686, CoL index: 113.1). This means your dollar goes 12% less far compared to the national average, making it important to negotiate higher base pay.
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

Statewide 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. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 financial advisor compensation across California. State averages are employment-weighted across 157 metro areas — larger metro areas with more financial advisorscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.

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

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