Financial Advisor Salary in Richland, WA: $107,477 (2026)
Quick Answer:A full-time financial advisor in Richland, WA earns a median $107,477/year (≈ $51.67/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Richland's price level (7% above national, BEA RPP 107.4), that paycheck buys what $100,072 would nationally. Nominal pay sits 3.4% above the Washington state average.
Based on BLS state-level estimates · View source
In Richland, Washington, financial advisors can expect a robust median annual salary of $107,477, reflecting a financially rewarding market environment. The salary spectrum ranges from $62,337 at the lower end (P10) to $166,590 at the upper end (P90), indicating opportunities for significant income potential based on experience and client portfolios. These figures, derived from state-level data and adjusted for local cost conditions, showcase Richland's competitive landscape for financial professionals. The growth in fee-only advisory services and the demand for certifications like the CFP underscore the increasing professionalism in this sector, making Richland an attractive locale for aspiring and established financial advisors alike.
About the Richland Market
Salary estimated from Washington average ($118,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $62,337 | $29.97 |
| Lower Range (P25) | $77,384 | $37.21 |
| Median (P50)(typical) | $107,477 | $51.67 |
| Upper Range (P75) | $137,571 | $66.14 |
| Top Earners (P90) | $166,590 | $80.09 |
Median Salary Position
0.98% below the national average
2026 Salary Percentile Distribution in Richland
In Richland, WA, the financial advisor salary spread from the 10th to 90th percentile is $104,253 (2026 est.). At $107,477, the local median is 0.98% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Richland: You'd be in the lower-middle range
How Richland Financial Advisor Pay Compares
Richland median: $107,477/year (2026)
| Compared To | Median Salary | Richland Pays |
|---|---|---|
| Washington Average | $103,943 | +3.40% more |
| National Average | $108,537 | -0.98% less |
Financial Advisors in Richland, WA earn a median of $107,477 per year (2026 est.), which is 0.98% lower than the national median of $108,537 and 3.40% above the Washington state average of $103,943.
Cost-of-Living Adjusted Salary
Richland has a cost of living 7.40% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Richland, WA has a cost-of-living index of 107.4 (above the national average of 100). While the nominal salary of $107,477 is competitive, the higher cost of living reduces purchasing power to an effective $100,072 — a 6.89% reduction.
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2019 BLS Actual
$86,992
2025 BLS Actual
$104,044
2026 Current Est.
$107,477
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Richland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $86,992 | Actual |
| 2020 | $88,458 | Actual |
| 2021 | $93,250 | Actual |
| 2022 | $94,459 | Actual |
| 2023 | $98,608 | Actual |
| 2024 | $128,079 | Actual |
| 2025 | $104,044 | Actual |
| 2026(current) | $107,477 | Estimated |
| 2027 | $111,024 | Projected |
Based on 7 years of BLS OEWS data for the Richland metropolitan area, the median financial advisor salary grew 19.6% from $86,992 (2019) to $104,044 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $111,024 by 2027 — a total increase of $24,032 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Richland 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) | $62,337 – $77,384 |
| 3-5 years (Mid Career) | $77,384 – $107,477 |
| 5+ years (Experienced) | $107,477 – $137,571 |
| 10+ years (Top Earner) | $137,571 – $166,590 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Richland
Richland's job market for financial advisors is solid, with 15 professionals currently employed in the area, highlighting a niche community that may benefit from networking and collaboration. The cost-of-living index of 107.4 suggests that while salaries are competitive, financial advisors must account for living expenses that surpass the national average, which can impact their purchasing power. Among local employers, wirehouses like Morgan Stanley and Merrill Lynch typically offer higher salaries, but independent broker-dealers and RIAs are appealing for their more favorable fee structures that emphasize fiduciary responsibility. Variability in compensation can often be attributed to factors such as assets under management, client base concentration, and the advisor's credentials. To maximize financial advisor pay in Richland, professionals should consider specializing in client niches, pursuing advanced qualifications, and possibly transitioning from commission-based roles to fee-only models to harness the growing trend towards fiduciary advising.
More salary data for Richland, 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 $104,044 for financial advisorsin the Richland 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 Richland 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