Financial Advisor Pay

Financial Advisor Salary in Missouri: $114,324 (2026)

Quick Answer:Across Missouri's 33 metropolitan areas, the average median financial advisor pay sits at $114,324/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 13-2052. Because Missouri sits at BEA RPP 89.6 (10% below the U.S. baseline), that statewide median translates to roughly $127,594 in nationally-comparable purchasing power. Highest-paying metros: Kansas City ($123,140), St. Louis ($103,690), Independence ($76,444).

Financial Advisor Salary in Missouri - 2025 BLS Data Infographic
Missouri financial advisor salary overview (2026)
$114,324
Avg Median Salary
$54.96
Avg Hourly Rate
6,788
Metro Employed
33
Cities

In 2026, the average median salary for financial advisors in Missouri is projected at $114,324, surpassing the national median of $108,537 by 5.3%. Notably, Kansas City leads the state with a salary of $127,204, while Columbia shows the lowest at $65,110, creating a significant gap of $62,094. This difference is primarily driven by the cost of living, client density, and market demand for financial services in urban areas compared to smaller cities. Missouri has specific licensing requirements that financial advisors must navigate, including passing the Series 7 and Series 66 exams, as well as state regulations regarding fiduciary responsibilities. These factors can influence both entry barriers and market dynamics. Additionally, the demand for financial advisors is buoyed by an aging population needing retirement planning, alongside a rising interest in personal finance education. With a projected annual growth rate of 3.30%, the job market in this sector remains stable, reflecting a steady increase in employment for the currently 6,788 financial advisors in the state. The top five cities projected for 2026 salaries are Kansas City ($127,204), St. Louis ($107,112), Independence ($78,967), St. Peters ($78,389), and St. Charles ($78,243), illustrating a diverse but concentrated market for financial advisory services across Missouri.

Missouri Financial Advisor Salary Range

Entry Level (10th %ile)
$57,595
avg across 33 cities
Median
$114,324
state average
Top Earners (90th %ile)
$326,234
avg across 33 cities

Overall salary range in Missouri: $36,041 (lowest entry-level) to $341,262 (highest top earner)

Missouri vs National Average

Missouri
$114,324
National Median
$108,537

Missouri financial advisors earn 5.33% more than the national median (+$5,787/year difference).

Missouri Financial Advisor Salary Distribution (2026)

Vertical bar chart showing Missouri financial advisor salary percentiles: 10th percentile $57,595, 25th $76,219, Median $114,324, 75th $174,689, 90th $326,234. US national median is $108,537.$91.3K$182.7K$274.0K$365.4K$57.6K10thEntry Level$76.2K25thEarly Career$114.3KMedianMid Career$174.7K75thExperienced$326.2K90thTop EarnerUS Median $108.5K

Financial Advisor salaries in Missouri range from $57,595 (entry-level, 10th percentile) to $326,234 (top earners, 90th percentile), with a median of $114,324. The Missouri median is $5,787 above the US national median of $108,537. The average hourly rate is $54.96/hr. Approximately 6,788 financial advisors are employed across 33 cities.

2019 BLS Actual

$68,723

2025 BLS Actual

$110,672

2026 Current Est.

$114,324

2019–2027 Growth

+71.8%

Salary Trajectory for Financial Advisors in Missouri (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 Missouri. Baseline $68,723 in 2025, projected to $118,097 by 2027.$58.8K$76.1K$93.4K$110.7K$128.0K2019202020212022202320242025202620272025 BLS$68.7K$78.0K$80.8K$85.3K$95.5K$92.3K$110.7K$114.3K$118.1K
YearAnnual SalaryStatus
2019$68,723Actual
2020$78,007Actual
2021$80,818Actual
2022$85,311Actual
2023$95,500Actual
2024$92,319Actual
2025$110,672Actual
2026(current)$114,324Estimated
2027$118,097Projected

Based on 7 years of BLS OEWS data for the Missouri metropolitan area, the median financial advisor salary grew 61.0% from $68,723 (2019) to $110,672 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $118,097 by 2027 — a total increase of $49,374 (71.84%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the Missouri 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 Missouri

#1
Kansas City
3,500 employed · $61.15/hr
$127,204
+11.27% vs avg
#2
St. Louis
2,630 employed · $51.50/hr
$107,112
-6.31% vs avg
#3
Independence
30 employed · $37.96/hr
$78,967
-30.93% vs avg
#4
St. Peters
9 employed · $37.68/hr
$78,389
-31.43% vs avg
#5
St. Charles
16 employed · $37.61/hr
$78,243
-31.56% vs avg

Lowest Paying Cities in Missouri

CityMedian Salary
Columbia$65,110
Hannibal$71,399
Raymore$71,631
Branson$71,905
Belton$73,156

Best Value Cities for Financial Advisors in Missouri

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

CityNominal SalaryCoL IndexAdjusted Salary
Kansas City$127,20492.543$137,454
St. Louis$107,11295.088$112,645
St. Joseph$76,85586.382$88,971
Independence$78,96789.6$88,133
Springfield$77,89988.585$87,937

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

Salary by Experience Level in Missouri

Experience LevelEstimated Annual
Entry Level (0-2 years)$57,595
Mid Career (3-7 years)$114,324
Experienced (7+ years)$326,234

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

All 33 Cities in Missouri

#CityMedian Salary
1Kansas City$127,204
2St. Louis$107,112
3Independence$78,967
4St. Peters$78,389
5St. Charles$78,243
6Springfield$77,899
7O'Fallon$77,336
8Florissant$76,931
9St. Joseph$76,855
10Wildwood$76,762
11Kirkwood$76,740
12Lee's Summit$76,697
13Chesterfield$76,686
14University City$76,284
15Liberty$76,253
16Grandview$76,122
17Maryland Heights$75,996
18Blue Springs$75,135
19Joplin$75,019
20Raytown$74,686
21Cape Girardeau$74,665
22Webster Groves$74,314
23Sedalia$74,290
24Ballwin$74,158
25Nixa$74,151
26Gladstone$73,954
27Wentzville$73,780
28Jefferson City$73,714
29Belton$73,156
30Branson$71,905
31Raymore$71,631
32Hannibal$71,399
33Columbia$65,110

More Missouri Salary Data

Hourly Rates

Explore financial advisor hourly pay in Missouri cities.

Entry Level

Starting salaries for new financial advisors.

Senior / Experienced

Top earner salaries for experienced financial advisors.

Compare Cities in Missouri

View all comparisons →

Explore More Financial Advisor Salary Data

Frequently Asked Questions

How much do financial advisors make in Missouri in 2026?

The average median financial advisor salary in Missouri is $114,324/year across 33 metro areas, based on estimated 2026 (projected from 2025 BLS data). Salaries range from $65,110 in Columbia to $127,204 in Kansas City. This makes Missouri one of the higher-paying states, at 5.33% above the national median of $108,537. The state employs approximately 6,788 financial advisors.

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

Kansas City offers the highest financial advisor salary in Missouri at $127,204/year ($61.15/hr), based on estimated 2026 (projected from 2025 BLS data). The top 3 highest-paying cities are Kansas City ($127,204), St. Louis ($107,112), Independence ($78,967). 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 Missouri financial advisor pay compare to the national average?

Missouri's average financial advisor salary of $114,324 is 5.33% above the national median of $108,537 in 2026. The state employs approximately 6,788 financial advisors across 33 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 Missouri?

Entry-level financial advisors (10th percentile) in Missouri earn approximately $57,595/year on average, based on estimated 2026 (projected from 2025 BLS data). Starting salaries range from $36,041 in lower-paying areas to $67,145 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 Missouri?

Missouri employs approximately 6,788 financial advisors across 33 metropolitan areas, based on the latest BLS data. This makes Missouri one of the larger employers of financial advisors nationally. Demand continues to grow as the financial planning field expands and the population ages.

Which Missouri city offers the best value for financial advisors?

When adjusted for cost of living, Kansas City offers the highest purchasing power for financial advisors in Missouri, with an adjusted salary of $137,454 (nominal: $127,204, CoL index: 92.543). This means your dollar goes 8% further compared to the national average, making it an attractive option for maximizing real income.
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 Missouri. State averages are employment-weighted across 33 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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