Financial Advisor Salary in Edmonds, WA: $100,809 (2026)
Quick Answer:A full-time financial advisor in Edmonds, WA earns a median $100,809/year (≈ $48.47/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Edmonds's price level (7% above national, BEA RPP 107.4), that paycheck buys what $93,863 would nationally. Nominal pay sits 3.0% below the Washington state average.
Based on BLS state-level estimates · View source
With a projected median annual salary of $100,809 for 2026, financial advisors in Edmonds, Washington, exhibit compensation that is competitive within the local market, although it trails behind the national median of $108,537 by 7.12%. The salary spectrum is quite extensive, ranging from a lower end of $58,470 to an upper extreme of $156,255, indicating diverse opportunities based on experience, client acquisition, and business models. These salary estimates, grounded in 2025 BLS data and adjusted for regional price differences, highlight the potential for significant earnings in the Edmonds area as advisors transition from traditional employee roles to independent practices. The evolving dynamics of the financial advisory field hint at a robust job market for those looking to establish their positions in this suburb of Seattle.
About the Edmonds Market
Salary estimated from Washington average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,470 | $28.11 |
| Lower Range (P25) | $73,119 | $35.15 |
| Median (P50)(typical) | $100,809 | $48.47 |
| Upper Range (P75) | $129,036 | $62.03 |
| Top Earners (P90) | $156,255 | $75.12 |
Median Salary Position
7.12% below the national average
2026 Salary Percentile Distribution in Edmonds
In Edmonds, WA, the financial advisor salary spread from the 10th to 90th percentile is $97,785 (2026 est.). At $100,809, the local median is 7.12% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Edmonds: You'd be in the lower-middle range
How Edmonds Financial Advisor Pay Compares
Edmonds median: $100,809/year (2026)
| Compared To | Median Salary | Edmonds Pays |
|---|---|---|
| Washington Average | $103,927 | -3.00% less |
| National Average | $108,537 | -7.12% less |
Financial Advisors in Edmonds, WA earn a median of $100,809 per year (2026 est.), which is 7.12% lower than the national median of $108,537 and 3.00% below the Washington state average of $103,927.
Cost-of-Living Adjusted Salary
Edmonds has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Edmonds, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $100,809 is competitive, the higher cost of living reduces purchasing power to an effective $93,863 — a 6.89% reduction.
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2019 BLS Actual
$81,595
2025 BLS Actual
$97,589
2026 Current Est.
$100,809
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Edmonds (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,595 | Actual |
| 2020 | $82,970 | Actual |
| 2021 | $87,465 | Actual |
| 2022 | $88,598 | Actual |
| 2023 | $92,490 | Actual |
| 2024 | $122,896 | Actual |
| 2025 | $97,589 | Actual |
| 2026(current) | $100,809 | Estimated |
| 2027 | $104,136 | Projected |
Based on 7 years of BLS OEWS data for the Edmonds metropolitan area, the median financial advisor salary grew 19.6% from $81,595 (2019) to $97,589 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $104,136 by 2027 — a total increase of $22,541 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Edmonds 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) | $58,470 – $73,119 |
| 3-5 years (Mid Career) | $73,119 – $100,809 |
| 5+ years (Experienced) | $100,809 – $129,036 |
| 10+ years (Top Earner) | $129,036 – $156,255 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Edmonds
In Edmonds, the employment of just eight financial advisors presents a tight-knit community that can cultivate strong local relationships and referrals, an integral component in maximizing financial advisor pay in Edmonds, WA. The high cost of living, reflected in a cost-of-living index of 107.4, further complicates take-home pay, necessitating strategic approaches to client management and service delivery. Among local employers, wirehouses such as Morgan Stanley and Merrill Lynch generally offer more substantial compensation packages compared to independent broker-dealers and RIAs, where pay varies significantly depending on client asset concentration and fee structures. To bridge the pay gap, advisors can focus on establishing a diverse portfolio of high-net-worth clients and consider obtaining CFP or CFA credentials to increase their earning potential. Understanding the financial planning landscape in Edmonds while navigating the commission-based versus fee-only advisory models is key for those aiming to elevate their financial advisor salary in Edmonds.
More salary data for Edmonds, WA:
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 $97,589 for financial advisorsin the Edmonds 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 Edmonds 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