How much does a Financial Advisor make in Florida?

BLS reports a median annual wage of $88,040 for Financial Advisors in Florida as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $60,720 and the 75th-percentile is $180,760.

How many Financial Advisors does Florida employ?

BLS OES counts 21,230 Financial Advisors employed in Florida in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.

Why is the BEA RPP for Florida different from a single CPI number?

BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Florida's overall index of 103.6 reflects rents 123.2, services 93.7, and goods 98.2.

Is Florida a 'real-wage arbitrage' state for Financial Advisors?

No — Florida's RPP is close to the national 100 baseline, so nominal and real wages move roughly together. Neither an arbitrage nor a penalty state.

Should I negotiate based on the BLS median for Florida?

The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Florida.

AUM-fee economics — what does it take to earn the Florida BLS median?

The classic 1% AUM fee on a $50M practice yields $500K gross revenue. After overhead (typically 30-50% of revenue: staff, technology, custodial fees, compliance, rent, marketing) the principal advisor in Florida nets $250-350K, well above the BLS-reported W-2 median for SOC 13-2052. To match the BLS-reported median for Florida as a wirehouse W-2 advisor, the typical book size required is $30-40M AUM at standard grid payouts — achievable in 5-10 years with strong recruiting and referral systems. Below that production threshold, wirehouse advisors are typically counseled out or transition to support roles.

CFP / CFA / ChFC credential premium in Florida?

BLS does not split by credential. CFP Board surveys and FA Insight industry studies typically show CFP charterholders earning 15-30% above non-CFP advisors at comparable AUM, concentrated in fee-only RIA channels where the credential is functionally required for client trust. CFA charter is rarer in retail wealth management — most relevant for advisors with high-net-worth or institutional book — but adds incremental premium. ChFC, CIMA, and CPWA fall in similar credential premium bands. In Florida, the credential premium is largest at the high-net-worth and ultra-high-net-worth end of the market and smaller in mass-affluent and bank-channel practices.

How Much Do Financial Advisors Make in Florida? $88K (2026 BLS + BEA)

TL;DR

$88,040 is the BLS median wage for Financial Advisors in Florida; $84,951 is the BEA-adjusted purchasing-power equivalent.
Mid-band cost of living: real and nominal wage are within a few percent of each other.
BLS percentiles available for this state: P25 $60,720, P50 $88,040, P75 $180,760. P10 or P90 is suppressed by BLS for this occupation-state cell.
Financial Advisor ranking: #26 on the BLS table, #35 once cost of living is in.

Wage breakdown — Florida

Percentile	Nominal (BLS)	Real (BEA RPP-adjusted)
P10 (entry tier)	$47,460	$45,795
P25 (lower quartile)	$60,720	$58,590
P50 (median)	$88,040	$84,951
P75 (upper quartile)	$180,760	$174,418
P90 (top tier)
Mean	$157,670	$152,138
Employment	21,230 Financial Advisors in Florida

Cost of living — BEA Regional Price Parity

Component	Florida index (US = 100)
All-items RPP	103.6
Goods	98.2
Services	93.7
Rents	123.2

Florida's overall RPP (103.6) is close to the national 100 baseline; nominal and real wage move roughly together.

After-tax take-home — Florida (2024 BLS · 2024 tax year, single filer)

Layer-by-layer take-home math at the BLS median

Layer	Amount	Note
Gross BLS P50 (Financial Advisor)	$88,040	nominal median
Federal income tax	−$10,616	12.1% effective; std deduction $15,750 applied
State income tax	$0	no state income tax
FICA (SS 6.2% + Medicare 1.45%)	−$6,735	SS capped at $183,600 wage base
Take-home (after-tax)	$70,689	80.3% of gross
Real take-home (RPP-adjusted)	$68,209	÷ (103.6 / 100) BEA cost-of-living

What the Florida state-tax burden means for Financial Advisor take-home

Florida levies no state income tax on wages, which is worth roughly $4,402 a year for a Financial Advisor at the BLS median compared with the national-average state burden (≈5%). After cost of living, real take-home is $68,209 — lower than the nominal after-tax figure because RPP exceeds 100.

Computed from 2026 IRS federal brackets (Rev. Proc. 2025-32), 2026 state DOR brackets, and 2026 FICA rates. Single filer, standard deduction, no other adjustments. See methodology · tax for limitations (married filers, ITM/SALT itemizers, retirement deferrals, HSA, dependent credits, etc.).

National context

Across the United States, BLS reports a national median of $102,140 for Financial Advisors with mean pay of $160,210 and total employment of 270,480. Florida sits at #26 on nominal pay and #35 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Florida falls 9 positions — the cost premium eats into the headline wage.

Frequently asked questions

How much does a Financial Advisor make in Florida?: BLS reports a median annual wage of $88,040 for Financial Advisors in Florida as of the latest OES release. That is the 50th-percentile figure — half earn more, half earn less. The 25th-percentile is $60,720 and the 75th-percentile is $180,760.
How many Financial Advisors does Florida employ?: BLS OES counts 21,230 Financial Advisors employed in Florida in the most recent release. Employment density relative to population determines whether wage tiers reflect a robust competitive market or a thinner labor pool.
Why is the BEA RPP for Florida different from a single CPI number?: BEA splits regional price parity into three components — goods, services, and rents — reweighted to the BEA's national consumption basket. Florida's overall index of 103.6 reflects rents 123.2, services 93.7, and goods 98.2.
Is Florida a 'real-wage arbitrage' state for Financial Advisors?: No — Florida's RPP is close to the national 100 baseline, so nominal and real wages move roughly together. Neither an arbitrage nor a penalty state.
Should I negotiate based on the BLS median for Florida?: The BLS median is a calibration anchor, not a ceiling. Use it to validate that an offer is in-band — anything well below the P25 in this state is a flag, anything above the P75 typically requires demonstrable specialty depth, niche credentials, or a high-COL metro within Florida.
AUM-fee economics — what does it take to earn the Florida BLS median?: The classic 1% AUM fee on a $50M practice yields $500K gross revenue. After overhead (typically 30-50% of revenue: staff, technology, custodial fees, compliance, rent, marketing) the principal advisor in Florida nets $250-350K, well above the BLS-reported W-2 median for SOC 13-2052. To match the BLS-reported median for Florida as a wirehouse W-2 advisor, the typical book size required is $30-40M AUM at standard grid payouts — achievable in 5-10 years with strong recruiting and referral systems. Below that production threshold, wirehouse advisors are typically counseled out or transition to support roles.
CFP / CFA / ChFC credential premium in Florida?: BLS does not split by credential. CFP Board surveys and FA Insight industry studies typically show CFP charterholders earning 15-30% above non-CFP advisors at comparable AUM, concentrated in fee-only RIA channels where the credential is functionally required for client trust. CFA charter is rarer in retail wealth management — most relevant for advisors with high-net-worth or institutional book — but adds incremental premium. ChFC, CIMA, and CPWA fall in similar credential premium bands. In Florida, the credential premium is largest at the high-net-worth and ultra-high-net-worth end of the market and smaller in mass-affluent and bank-channel practices.

Sources & methodology

U.S. Bureau of Labor Statistics — Occupational Employment and Wage Statistics (OES), SOC 13-2052, 2024 reference period.
U.S. Bureau of Economic Analysis — Regional Price Parities, 2023 vintage (all-items, goods, services, rents).
Real-wage figures = nominal BLS wage ÷ (state RPP / 100).
See the methodology page for full computation details and limitations.

By Marcus Liang · Founder & Editor · Last synced 2026-05-08.

Cross-comparison: see how Florida Financial Advisor pay ranks against the other 254 state × occupation pages on the Real Wage Atlas → — four-way ranking by real wage, after-tax take-home, state-tax savings, and cost-of-living arbitrage.