Personal Financial Advisor salary in Memphis, TN-MS-AR
Personal Financial Advisors in the Memphis, TN-MS-AR metro area earn a median of $100,120 a year ($48.13 an hour), based on BLS data for 790 workers.
Pay ranges from $44,810 for the lowest-paid 10% to $598,360 for the top 10%. That is 5% lower than the national median of $105,070. Pay here is 19% higher than the Tennessee statewide median of $84,160. There are 1.3 personal financial advisors per 1,000 jobs here — the job is less common than nationally (location quotient 0.76). The average (mean) salary is $184,300, above the median because a few high earners pull it up.
Pay range for personal financial advisors in Memphis, TN-MS-AR
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $44,810 | $21.55 |
| 25th percentile | $60,200 | $28.94 |
| Median | $100,120 | $48.13 |
| 75th percentile | $217,380 | $104.51 |
| 90th percentile (top earners) | $598,360 | $287.67 |
| Average (mean) | $184,300 | $88.61 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $8,343.33 |
| Semi-monthly (24 a year) | $4,171.67 |
| Biweekly (26 a year) | $3,850.77 |
| Weekly | $1,925.38 |
| Hourly | $48.13 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Personal Financial Advisor salary in other metro areas nearby
| Metro area | Median salary | Workers |
|---|---|---|
| Texarkana, TX-AR | $120,420 | 50 |
| Little Rock-North Little Rock-Conway, AR | $94,370 | 540 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | $91,040 | 1,710 |
| Kingsport-Bristol, TN-VA | $89,500 | 60 |
| Jackson, MS | $81,860 | 300 |
| Hattiesburg, MS | $80,570 | 50 |
| Knoxville, TN | $80,370 | 420 |
| Johnson City, TN | $76,850 | 90 |
| Jonesboro, AR | $75,610 | 40 |
| Chattanooga, TN-GA | $75,300 | 340 |
| Fayetteville-Springdale-Rogers, AR | $71,380 | 340 |
| Fort Smith, AR-OK | $65,520 | 80 |
| Gulfport-Biloxi, MS | $64,200 | 80 |
| Hot Springs, AR | $63,950 | 30 |
| Jackson, TN | $60,420 | 50 |
| Clarksville, TN-KY | $58,750 | 50 |
| Cleveland, TN | $43,880 | 30 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
See Personal Financial Advisor pay in every state or the Tennessee statewide figures.
Related jobs in Memphis, TN-MS-AR
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $76,960 | $37.00 |
| Tax Examiners and Collectors, and Revenue Agents | $49,440 | $23.77 |
| Loan Officer | $63,250 | $30.41 |
| Financial and Investment Analysts | $91,180 | $43.84 |
| Financial Specialists, All Other | $72,090 | $34.66 |
| Credit Analyst | $66,890 | $32.16 |
| Property Appraisers and Assessors | $60,860 | $29.26 |
| Tax Preparer | $35,410 | $17.02 |
| Budget Analyst | $93,450 | $44.93 |
| Insurance Underwriter | $80,160 | $38.54 |
| Financial Risk Specialist | $88,910 | $42.74 |
| Credit Counselor | $60,210 | $28.95 |
| Financial Examiner | $102,420 | $49.24 |
| Human Resources Specialist | $69,150 | $33.24 |
More: Business and Financial Operations Occupations · all salaries in Memphis, TN-MS-AR
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in Memphis, TN-MS-AR?
The median salary for personal financial advisors in the Memphis, TN-MS-AR metro area is $100,120 a year, or $48.13 an hour. Pay ranges from $44,810 for the lowest-paid 10% to $598,360 for the top 10%.
How much do the highest-paid personal financial advisors make in Memphis, TN-MS-AR?
The top 10% of personal financial advisors in the Memphis, TN-MS-AR metro area earn at least $598,360 a year. The top 25% earn $217,380 or more.
What is the starting pay for personal financial advisors in Memphis, TN-MS-AR?
Entry-level pay (the 10th percentile) is about $44,810 a year, and a quarter of personal financial advisors earn $60,200 or less.
How many personal financial advisors work in Memphis, TN-MS-AR?
About 790 personal financial advisors are employed in the Memphis, TN-MS-AR metro area, not counting the self-employed.