Financial Advisor Salary in Austin, TX: $99,158 (2026)
Quick Answer:A full-time financial advisor in Austin, TX earns a median $99,158/year (≈ $47.67/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Austin's price level (2% below national, BEA RPP 98.1), that paycheck buys what $101,114 would nationally. Nominal pay sits 14.4% above the Texas state average.
Official BLS data · View source
In 2026, financial advisors in Austin, TX, are projected to earn a median annual salary of $99,158, reflecting a strong position within the state’s financial advisory landscape. This figure is notably below the national median of $108,537, highlighting the economic nuances specific to the region. The salary range for financial advisors in Austin spans from $54,284 at the 10th percentile to an impressive $424,150 at the 90th percentile, illustrating a significant potential for earnings based on experience, credentials, and client management capacity. The data, derived from the official Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics, sheds light on the varied compensation available to financial professionals who may benefit from the growing trend of breaking away from traditional wirehouse models towards independent practices.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $54,284 | $26.09 |
| Lower Range (P25) | $80,429 | $38.67 |
| Median (P50)(typical) | $99,158 | $47.67 |
| Upper Range (P75) | $223,014 | $107.22 |
| Top Earners (P90) | $424,150 | $203.91 |
Median Salary Position
8.64% below the national average
2026 Salary Percentile Distribution in Austin
In Austin, TX, the financial advisor salary spread from the 10th to 90th percentile is $369,866 (2026 est.). At $99,158, the local median is 8.64% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Austin: You'd be in the entry-level range
How Austin Financial Advisor Pay Compares
Austin median: $99,158/year (2026)
| Compared To | Median Salary | Austin Pays |
|---|---|---|
| Texas Average | $86,676 | +14.40% more |
| National Average | $108,537 | -8.64% less |
Financial Advisors in Austin, TX earn a median of $99,158 per year (2026 est.), which is 8.64% lower than the national median of $108,537 and 14.40% above the Texas state average of $86,676.
Cost-of-Living Adjusted Salary
Austin has a cost of living 1.93% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Austin, TX has a cost-of-living index of 98.066 (below the national average of 100). A financial advisor earning $99,158 nominally has purchasing power equivalent to $101,114 in an average-cost city — an effective 1.97% boost.
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2019 BLS Actual
$69,390
2025 BLS Actual
$95,990
2026 Current Est.
$99,158
2019–2027 Growth
+47.6%
Salary Trajectory for Financial Advisors in Austin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $69,390 | Actual |
| 2020 | $72,960 | Actual |
| 2021 | $77,590 | Actual |
| 2022 | $79,250 | Actual |
| 2023 | $92,590 | Actual |
| 2024 | $95,800 | Actual |
| 2025 | $95,990 | Actual |
| 2026(current) | $99,158 | Estimated |
| 2027 | $102,430 | Projected |
Based on 7 years of BLS OEWS data for the Austin metropolitan area, the median financial advisor salary grew 38.3% from $69,390 (2019) to $95,990 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $102,430 by 2027 — a total increase of $33,040 (47.61%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Austin 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) | $54,284 – $80,429 |
| 3-5 years (Mid Career) | $80,429 – $99,158 |
| 5+ years (Experienced) | $99,158 – $223,014 |
| 10+ years (Top Earner) | $223,014 – $424,150 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Austin
With approximately 2,010 financial advisors employed in the Austin market, the area's job outlook appears promising, supported by a cost-of-living index of 98.066 that suggests relatively affordable living conditions compared to national standards. This low cost of living can enhance take-home pay for advisors, making the financial advisor pay in Austin, TX, more appealing when adjusted for purchasing power. Notable employers in this thriving market include prominent wirehouses like Morgan Stanley and Merrill Lynch, as well as independent broker-dealers such as LPL and Raymond James. The disparity in pay among advisors is often driven by factors like assets under management (AUM), fee models, and the concentration of high-net-worth clients. Financial advisors who hold CFP or CFA credentials may also command higher salaries due to their specialized knowledge. Those looking to maximize their pay in the Austin market may find success by establishing strong client relationships, building substantial AUM, or even transitioning to independent advisory models that allow greater opportunity for profit sharing based on successful asset management.
More salary data for Austin, TX:
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 $95,990 for financial advisorsin the Austin 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
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