Financial Advisor Salary in Kenmore, WA: $97,598 (2026)
Quick Answer:A full-time financial advisor in Kenmore, WA earns a median $97,598/year (≈ $46.92/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Kenmore's price level (7% above national, BEA RPP 107.4), that paycheck buys what $90,873 would nationally. Nominal pay sits 6.1% below the Washington state average.
Based on BLS state-level estimates · View source
In Kenmore, Washington, financial advisors are projected to earn a median annual salary of $97,598 in 2026, which represents a notable contrast to the national median of $108,537 for the same year. The salary range for local financial advisors varies significantly, with entry-level professionals making approximately $56,606, while top earners in the field can command upwards of $151,277. These figures, derived from 2025 BLS data and adjusted for regional economic conditions, reflect the growing trend towards fee-only advisory models and the premium associations with obtaining certifications like the CFP. With a limited number of financial advisors, only six currently employed in Kenmore, the job market retains a certain exclusivity that can benefit those who establish themselves effectively within the community.
About the Kenmore Market
Salary estimated from Washington average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,606 | $27.22 |
| Lower Range (P25) | $70,271 | $33.78 |
| Median (P50)(typical) | $97,598 | $46.92 |
| Upper Range (P75) | $124,925 | $60.06 |
| Top Earners (P90) | $151,277 | $72.73 |
Median Salary Position
10.08% below the national average
2026 Salary Percentile Distribution in Kenmore
In Kenmore, WA, the financial advisor salary spread from the 10th to 90th percentile is $94,671 (2026 est.). At $97,598, the local median is 10.08% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Kenmore: You'd be in the lower-middle range
How Kenmore Financial Advisor Pay Compares
Kenmore median: $97,598/year (2026)
| Compared To | Median Salary | Kenmore Pays |
|---|---|---|
| Washington Average | $103,938 | -6.10% less |
| National Average | $108,537 | -10.08% less |
Financial Advisors in Kenmore, WA earn a median of $97,598 per year (2026 est.), which is 10.08% lower than the national median of $108,537 and 6.10% below the Washington state average of $103,938.
Cost-of-Living Adjusted Salary
Kenmore has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Kenmore, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $97,598 is competitive, the higher cost of living reduces purchasing power to an effective $90,873 — a 6.89% reduction.
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2019 BLS Actual
$78,996
2025 BLS Actual
$94,480
2026 Current Est.
$97,598
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Kenmore (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $78,996 | Actual |
| 2020 | $80,326 | Actual |
| 2021 | $84,679 | Actual |
| 2022 | $85,776 | Actual |
| 2023 | $89,543 | Actual |
| 2024 | $118,980 | Actual |
| 2025 | $94,480 | Actual |
| 2026(current) | $97,598 | Estimated |
| 2027 | $100,819 | Projected |
Based on 7 years of BLS OEWS data for the Kenmore metropolitan area, the median financial advisor salary grew 19.6% from $78,996 (2019) to $94,480 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $100,819 by 2027 — a total increase of $21,823 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Kenmore 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) | $56,606 – $70,271 |
| 3-5 years (Mid Career) | $70,271 – $97,598 |
| 5+ years (Experienced) | $97,598 – $124,925 |
| 10+ years (Top Earner) | $124,925 – $151,277 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Kenmore
With a cost-of-living index of 107.4, Kenmore presents certain financial realities for its residents, particularly affecting take-home purchasing power for financial advisor pay in Kenmore, WA. Among local employers, wirehouses such as Morgan Stanley and Merrill Lynch often lead in compensation, benefiting from higher assets under management (AUM) and commission-based models. Meanwhile, independent Registered Investment Advisors (RIAs), which have gained popularity, generally offer a fee structure dependent on AUM, reflecting their growth in a market increasingly leaning towards fiduciary practices. The disparities in salaries stem from a variety of factors, including client demographics—those serving high-net-worth clients typically earn more—and the ability to leverage strong AUM positions. For aspiring financial advisors in Kenmore, pursuing a CFP credential, aligning with fee-only practices, and building a robust client base can significantly enhance earning potential in this evolving landscape.
More salary data for Kenmore, 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 $94,480 for financial advisorsin the Kenmore 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 Kenmore 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