Financial Advisor Salary in Clovis, NM: $97,298 (2026)
Quick Answer:A full-time financial advisor in Clovis, NM earns a median $97,298/year (≈ $46.77/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Clovis's price level (6% below national, BEA RPP 94.4), that paycheck buys what $103,070 would nationally. Nominal pay sits 5.0% below the New Mexico state average.
Based on BLS state-level estimates · View source
Financial advisors in Clovis, New Mexico, can expect a median annual salary of $97,298 in 2026, a figure that falls approximately 10.35% below the national median of $108,537. This salary range reflects a diversity of compensations, with earnings spanning from $56,433 at the lower end (P10) to $150,813 for the highest earners (P90). These estimates, derived from 2025 BLS data adjusted for regional price variations, highlight a competitive market for financial planning professionals amidst evolving industry dynamics. As the demand for fee-only advisory models increases, alongside the value of the CFP credential, advisors in Clovis may find their expertise rewarded particularly in certain niches, driving greater opportunities for financial advisor pay in Clovis, NM.
About the Clovis Market
Salary estimated from New Mexico average ($85,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,433 | $27.13 |
| Lower Range (P25) | $70,055 | $33.68 |
| Median (P50)(typical) | $97,298 | $46.77 |
| Upper Range (P75) | $124,542 | $59.87 |
| Top Earners (P90) | $150,813 | $72.51 |
Median Salary Position
10.35% below the national average
2026 Salary Percentile Distribution in Clovis
In Clovis, NM, the financial advisor salary spread from the 10th to 90th percentile is $94,380 (2026 est.). At $97,298, the local median is 10.35% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Clovis: You'd be in the lower-middle range
How Clovis Financial Advisor Pay Compares
Clovis median: $97,298/year (2026)
| Compared To | Median Salary | Clovis Pays |
|---|---|---|
| New Mexico Average | $102,419 | -5.00% less |
| National Average | $108,537 | -10.35% less |
Financial Advisors in Clovis, NM earn a median of $97,298 per year (2026 est.), which is 10.35% lower than the national median of $108,537 and 5.00% below the New Mexico state average of $102,419.
Cost-of-Living Adjusted Salary
Clovis has a cost of living 5.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Clovis, NM has a cost-of-living index of 94.4 (below the national average of 100). A financial advisor earning $97,298 nominally has purchasing power equivalent to $103,070 in an average-cost city — an effective 5.93% boost.
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2019 BLS Actual
$78,753
2025 BLS Actual
$94,190
2026 Current Est.
$97,298
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Clovis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $78,753 | Actual |
| 2020 | $80,080 | Actual |
| 2021 | $84,419 | Actual |
| 2022 | $85,512 | Actual |
| 2023 | $89,268 | Actual |
| 2024 | $76,198 | Actual |
| 2025 | $94,190 | Actual |
| 2026(current) | $97,298 | Estimated |
| 2027 | $100,509 | Projected |
Based on 7 years of BLS OEWS data for the Clovis metropolitan area, the median financial advisor salary grew 19.6% from $78,753 (2019) to $94,190 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $100,509 by 2027 — a total increase of $21,756 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Clovis 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) | $56,433 – $70,055 |
| 3-5 years (Mid Career) | $70,055 – $97,298 |
| 5+ years (Experienced) | $97,298 – $124,542 |
| 10+ years (Top Earner) | $124,542 – $150,813 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Clovis
In Clovis, there are currently seven financial advisors actively employed, indicating a small but potentially vibrant local market for these professionals. The cost of living index in Clovis sits at 94.4, which suggests that while salaries might be lower relative to national averages, the local purchasing power remains relatively stable. Among the various employers in this area, independent Registered Investment Advisors and insurance-affiliated companies tend to provide the most competitive compensation packages. Factors influencing the spectrum of earnings include assets under management and fee structure, with established RIAs offering fee-based models contrasting with commission-based compensation typical at wirehouses. For advisors aiming to maximize their financial advisor salary in Clovis, positioning oneself within high-net-worth client segments or gaining credentials like CFP or CFA can be effective strategies in a marketplace that increasingly favors fiduciary advice.
More salary data for Clovis, NM:
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 $94,190 for financial advisorsin the Clovis 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 Clovis 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