Financial Advisor Salary in Collierville, TN: $79,564 (2026)
Quick Answer:A full-time financial advisor in Collierville, TN earns a median $79,564/year (≈ $38.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Collierville's price level (8% below national, BEA RPP 91.8), that paycheck buys what $86,671 would nationally. Nominal pay sits 0.2% above the Tennessee state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Collierville, TN, can expect a median annual salary of $79,564, which reflects a notable disparity compared to the national median of $108,537. The salary range for this occupation locally varies significantly from $46,147 at the 10th percentile to $123,324 at the 90th percentile. These estimates are derived from state-level data provided by the BLS, adjusted for regional cost variations. As the financial advisor market continues to evolve, particularly with a shift toward independent advisory roles, Collierville's economic backdrop is conducive to a growing niche for professionals navigating this career path.
About the Collierville Market
Salary estimated from Tennessee average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $46,147 | $22.19 |
| Lower Range (P25) | $57,286 | $27.54 |
| Median (P50)(typical) | $79,564 | $38.25 |
| Upper Range (P75) | $101,841 | $48.96 |
| Top Earners (P90) | $123,324 | $59.29 |
Median Salary Position
26.69% below the national average
2026 Salary Percentile Distribution in Collierville
In Collierville, TN, the financial advisor salary spread from the 10th to 90th percentile is $77,177 (2026 est.). At $79,564, the local median is 26.69% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Collierville: You'd be in the lower-middle range
How Collierville Financial Advisor Pay Compares
Collierville median: $79,564/year (2026)
| Compared To | Median Salary | Collierville Pays |
|---|---|---|
| Tennessee Average | $79,405 | +0.20% more |
| National Average | $108,537 | -26.69% less |
Financial Advisors in Collierville, TN earn a median of $79,564 per year (2026 est.), which is 26.69% lower than the national median of $108,537 and 0.20% above the Tennessee state average of $79,405.
Cost-of-Living Adjusted Salary
Collierville has a cost of living 8.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Collierville, TN has a cost-of-living index of 91.8 (below the national average of 100). A financial advisor earning $79,564 nominally has purchasing power equivalent to $86,671 in an average-cost city — an effective 8.93% boost.
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2019 BLS Actual
$64,399
2025 BLS Actual
$77,022
2026 Current Est.
$79,564
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,399 | Actual |
| 2020 | $65,484 | Actual |
| 2021 | $69,032 | Actual |
| 2022 | $69,926 | Actual |
| 2023 | $72,998 | Actual |
| 2024 | $84,645 | Actual |
| 2025 | $77,022 | Actual |
| 2026(current) | $79,564 | Estimated |
| 2027 | $82,189 | Projected |
Based on 7 years of BLS OEWS data for the Collierville metropolitan area, the median financial advisor salary grew 19.6% from $64,399 (2019) to $77,022 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $82,189 by 2027 — a total increase of $17,790 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Collierville 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) | $46,147 – $57,286 |
| 3-5 years (Mid Career) | $57,286 – $79,564 |
| 5+ years (Experienced) | $79,564 – $101,841 |
| 10+ years (Top Earner) | $101,841 – $123,324 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Collierville
At present, there are only eight financial advisors employed in Collierville, highlighting a focused but potentially lucrative market. With a cost-of-living index of 91.8, advisors here enjoy a relatively affordable living, enhancing their take-home purchasing power compared to larger metropolitan areas. The highest-paying employers in the region include wirehouses like Morgan Stanley and independent broker-dealers such as Raymond James and LPL. The breadth of compensation varies based on factors like assets under management and client type, where those managing high-net-worth individuals often command higher fees. Professionals seeking to optimize their income should focus on building a strong client base, potentially pursuing fiduciary roles, and considering credentials such as CFP or CFA to enhance their marketability and pay potential within Collierville's evolving job landscape.
More salary data for Collierville, TN:
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 $77,022 for financial advisorsin the Collierville 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 Collierville 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