Financial Advisor Salary in Boca Raton, FL: $99,109 (2026)
Quick Answer:A full-time financial advisor in Boca Raton, FL earns a median $99,109/year (≈ $47.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Boca Raton's price level (1% above national, BEA RPP 100.8), that paycheck buys what $98,322 would nationally. Nominal pay sits 0.2% below the Florida state average.
Based on BLS state-level estimates · View source
In Boca Raton, Florida, financial advisors are projected to earn a median annual salary of $99,109 in 2026, reflecting the local market's dynamics shaped by the differentiation between wirehouse compensation and the fee-only model of Registered Investment Advisors (RIAs). With salaries ranging from $57,483 at the lower end (P10) to $153,619 (P90) for those at the top of the pay scale, these figures underscore the influence of the advisor's business model and client base on compensation. The estimates derived from 2025 BLS state-level data and adjusted for regional price parities illustrate an 8.69% lower earning potential compared to the national median of $108,537. Projections indicate a growth rate of 3.30% annually, showing steady demand for financial advisory services in this affluent community, which reflects the evolving wealth management landscape.
About the Boca Raton Market
Salary estimated from Florida average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $57,483 | $27.63 |
| Lower Range (P25) | $71,359 | $34.31 |
| Median (P50)(typical) | $99,109 | $47.65 |
| Upper Range (P75) | $126,860 | $60.99 |
| Top Earners (P90) | $153,619 | $73.86 |
Median Salary Position
8.69% below the national average
2026 Salary Percentile Distribution in Boca Raton
In Boca Raton, FL, the financial advisor salary spread from the 10th to 90th percentile is $96,136 (2026 est.). At $99,109, the local median is 8.69% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Boca Raton: You'd be in the lower-middle range
How Boca Raton Financial Advisor Pay Compares
Boca Raton median: $99,109/year (2026)
| Compared To | Median Salary | Boca Raton Pays |
|---|---|---|
| Florida Average | $99,308 | -0.20% less |
| National Average | $108,537 | -8.69% less |
Financial Advisors in Boca Raton, FL earn a median of $99,109 per year (2026 est.), which is 8.69% lower than the national median of $108,537 and 0.20% below the Florida state average of $99,308.
Cost-of-Living Adjusted Salary
Boca Raton has a cost of living 0.80% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Boca Raton, FL has a cost-of-living index of 100.8 (above the national average of 100). While the nominal salary of $99,109 is competitive, the higher cost of living reduces purchasing power to an effective $98,322 — a 0.79% reduction.
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2019 BLS Actual
$80,219
2025 BLS Actual
$95,943
2026 Current Est.
$99,109
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Boca Raton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $80,219 | Actual |
| 2020 | $81,570 | Actual |
| 2021 | $85,990 | Actual |
| 2022 | $87,104 | Actual |
| 2023 | $90,930 | Actual |
| 2024 | $108,607 | Actual |
| 2025 | $95,943 | Actual |
| 2026(current) | $99,109 | Estimated |
| 2027 | $102,380 | Projected |
Based on 7 years of BLS OEWS data for the Boca Raton metropolitan area, the median financial advisor salary grew 19.6% from $80,219 (2019) to $95,943 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $102,380 by 2027 — a total increase of $22,161 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Boca Raton 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) | $57,483 – $71,359 |
| 3-5 years (Mid Career) | $71,359 – $99,109 |
| 5+ years (Experienced) | $99,109 – $126,860 |
| 10+ years (Top Earner) | $126,860 – $153,619 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Boca Raton
While the financial advisor job market in Boca Raton employs just 17 advisors, the city's cost-of-living index stands at 100.8, indicating a slightly above-average standard of living that influences take-home purchasing power significantly. High-paying employers in the area include established wirehouses like Morgan Stanley and Merrill Lynch but also notable RIAs that emphasize a fee-only fiduciary model. Differences in salary stem from several factors, such as the advisor's assets under management (AUM), with RIAs typically charging about 1% of AUM compared to commission-based payments at wirehouses. Advisors can further enhance their earnings by promoting their CFP or CFA credentials, which are recognized for elevating trust and client relationships. Those looking to maximize pay should consider establishing a high-net-worth client base or transitioning from a wirehouse to a boutique RIA to leverage the more lucrative compensation models available in Boca Raton, FL.
More salary data for Boca Raton, FL:
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 $95,943 for financial advisorsin the Boca Raton 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 Boca Raton 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