Financial Advisor · Nevada · SOC 13-2052
Financial Advisor Salary in Nevada (2026)
BLS Occupational Employment and Wage Statistics, 2024 reference period · BEA Regional Price Parity 2023 vintage · Last synced 2026-05-08.
TL;DR
- Financial Advisors in Nevada earn a BLS median of $81,940, with real take-home of $83,731 after BEA RPP adjustment.
- On a real-wage basis, this state sits at #40 of 51; nominal rank is #33.
- Mid-band cost of living: real and nominal wage are within a few percent of each other.
- BLS percentiles available for this state: P25 $66,540, P50 $81,940, P75 $157,600. P10 or P90 is suppressed by BLS for this occupation-state cell.
Wage breakdown — Nevada
| Percentile | Nominal (BLS) | Real (BEA RPP-adjusted) |
|---|---|---|
| P10 (entry tier) | $51,630 | $52,759 |
| P25 (lower quartile) | $66,540 | $67,994 |
| P50 (median) | $81,940 | $83,731 |
| P75 (upper quartile) | $157,600 | $161,045 |
| P90 (top tier) | ||
| Mean | $142,290 | $145,400 |
| Employment | 1,430 Financial Advisors in Nevada | |
Cost of living — BEA Regional Price Parity
| Component | Nevada index (US = 100) |
|---|---|
| All-items RPP | 97.9 |
| Goods | 96.8 |
| Services | 91.3 |
| Rents | 113.3 |
Nevada's overall RPP (97.9) is close to the national 100 baseline; nominal and real wage move roughly together.
After-tax take-home — Nevada (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) | $81,940 | nominal median |
| Federal income tax | −$9,274 | 11.3% effective; std deduction $15,750 applied |
| State income tax | $0 | no state income tax |
| FICA (SS 6.2% + Medicare 1.45%) | −$6,268 | SS capped at $183,600 wage base |
| Take-home (after-tax) | $66,398 | 81.0% of gross |
| Real take-home (RPP-adjusted) | $67,849 | ÷ (97.9 / 100) BEA cost-of-living |
What the Nevada state-tax burden means for Financial Advisor take-home
Nevada levies no state income tax on wages, which is worth roughly $4,097 a year for a Financial Advisor at the BLS median compared with the national-average state burden (≈5%). After the favorable cost of living, real take-home is $67,849 — higher than the nominal after-tax figure because RPP is below 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. Nevada sits at #33 on nominal pay and #40 on real (cost-adjusted) pay among the 51 states and DC. After cost adjustment, Nevada falls 7 positions — the cost premium eats into the headline wage.
Frequently asked questions
- How are Nevada Financial Advisor salaries calculated on this page?
- Nominal wages come from BLS Occupational Employment and Wage Statistics (OES) — annual employer surveys, May 2026 reference period. Real-wage figures use BEA Regional Price Parities (2023 vintage) to adjust for state-level cost of living. No self-report or jobs-board data is mixed in.
- Where does Nevada rank for Financial Advisor pay?
- On nominal BLS wages alone, Nevada ranks among the 51 states and DC by median pay. After the BEA cost-of-living adjustment the ordering changes — high-cost states fall, low-cost states rise. Both rankings are shown in the data table on this page.
- What are the limits of these Financial Advisor salary numbers?
- BLS OES is an employer survey of W-2 wages — it excludes contractor pay, bonuses outside the base wage definition, equity compensation, and tip income. Self-employed practitioners and gig workers are not represented. For occupations with significant non-W-2 income, the BLS figure is a floor, not a complete picture.
- Should I negotiate based on the BLS median for Nevada?
- 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 Nevada.
- When does this data update?
- BLS OES releases a new May reference set roughly each spring; we re-run the ETL pipeline within two weeks of release. BEA RPP refreshes annually. The last-synced timestamp at the top of this page reflects the most recent build.
- Wirehouse W-2 vs independent RIA principal vs hybrid in Nevada?
- BLS reports W-2 wages under SOC 13-2052, capturing wirehouse advisors (Merrill, Morgan Stanley, UBS, Wells Fargo Advisors) and bank-channel advisors directly. Independent RIA principals — increasingly the dominant model in Nevada — operate as business owners taking K-1 partnership distributions and ownership equity, which are EXCLUDED from BLS. Hybrid RIAs (independent + insurance B/D affiliation) have mixed reporting. Net effect: the BLS figure on this page accurately represents employed wirehouse advisors and bank-channel reps; it materially understates total income for established RIA principals in Nevada once practice equity and distributions are factored in.
- CFP / CFA / ChFC credential premium in Nevada?
- 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 Nevada, 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.
Cross-comparison: see how Nevada 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.