Financial Advisor Salary in Renton, WA: $106,672 (2026)
Quick Answer:A full-time financial advisor in Renton, WA earns a median $106,672/year (≈ $51.29/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Renton's price level (7% above national, BEA RPP 107.4), that paycheck buys what $99,322 would nationally. Nominal pay sits 2.6% above the Washington state average.
Based on BLS state-level estimates · View source
The financial advisor salary in Renton, Washington, is projected to reach a median annual income of $106,672 in 2026, reflecting nuances in the local market shaped by the wirehouse versus Registered Investment Advisor (RIA) dynamics. The salary range spans from $61,869 at the lower tenth percentile to $165,341 at the top ninetieth percentile, highlighting the significant variability based on factors such as client base size, fee structures, and professional credentials. The data, derived from 2025 BLS estimates adjusted for the regional cost of living, indicates that financial advisors in Renton are slightly below the national median of $108,537. This salary overview not only underscores the financial planning landscape but also hints at opportunities for growth in a market that is witnessing a shift toward fiduciary practices.
About the Renton Market
Salary estimated from Washington average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $61,869 | $29.74 |
| Lower Range (P25) | $76,804 | $36.93 |
| Median (P50)(typical) | $106,672 | $51.29 |
| Upper Range (P75) | $136,540 | $65.65 |
| Top Earners (P90) | $165,341 | $79.49 |
Median Salary Position
1.72% below the national average
2026 Salary Percentile Distribution in Renton
In Renton, WA, the financial advisor salary spread from the 10th to 90th percentile is $103,472 (2026 est.). At $106,672, the local median is 1.72% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Renton: You'd be in the lower-middle range
How Renton Financial Advisor Pay Compares
Renton median: $106,672/year (2026)
| Compared To | Median Salary | Renton Pays |
|---|---|---|
| Washington Average | $103,969 | +2.60% more |
| National Average | $108,537 | -1.72% less |
Financial Advisors in Renton, WA earn a median of $106,672 per year (2026 est.), which is 1.72% lower than the national median of $108,537 and 2.60% above the Washington state average of $103,969.
Cost-of-Living Adjusted Salary
Renton has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Renton, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $106,672 is competitive, the higher cost of living reduces purchasing power to an effective $99,322 — a 6.89% reduction.
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2019 BLS Actual
$86,340
2025 BLS Actual
$103,264
2026 Current Est.
$106,672
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Renton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $86,340 | Actual |
| 2020 | $87,795 | Actual |
| 2021 | $92,551 | Actual |
| 2022 | $93,750 | Actual |
| 2023 | $97,868 | Actual |
| 2024 | $130,042 | Actual |
| 2025 | $103,264 | Actual |
| 2026(current) | $106,672 | Estimated |
| 2027 | $110,192 | Projected |
Based on 7 years of BLS OEWS data for the Renton metropolitan area, the median financial advisor salary grew 19.6% from $86,340 (2019) to $103,264 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $110,192 by 2027 — a total increase of $23,852 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Renton 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) | $61,869 – $76,804 |
| 3-5 years (Mid Career) | $76,804 – $106,672 |
| 5+ years (Experienced) | $106,672 – $136,540 |
| 10+ years (Top Earner) | $136,540 – $165,341 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Renton
With 27 financial advisors currently employed in Renton, the local job market presents a competitive environment bolstered by a cost-of-living index of 107.4. This figure suggests that while salaries may seem appealing, the real purchasing power is impacted by relatively higher living expenses. Among local employers, wirehouse firms like Morgan Stanley and Merrill Lynch are known for premium pay, alongside RIAs that prioritize a fiduciary approach. Notably, the geography's diverse clientele—ranging from high-net-worth individuals to small businesses—contributes to the wide disparity in earnings. Factors influencing the compensation spread include the prevalence of AUM-based fee models versus commission structures at brokerages, and the value associated with advanced certifications such as the CFP or CFA. Advisors looking to maximize their earnings in Renton should consider focusing on expanding their client base, adopting appropriate fee structures, and pursuing relevant credentials to enhance their marketability.
More salary data for Renton, 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 $103,264 for financial advisorsin the Renton 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 Renton 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