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Financial Advisor Salary in Rhode Island

How much does a Financial Advisor make in Rhode Island?

Last updated: 2024 data from the Bureau of Labor Statistics

$100,880
Median Annual Salary
$118,310
Mean Salary
$100,880
Median Salary
$48.50
Hourly Rate
1,290 people work as Financial Advisor in Rhode Island

About This Job: Financial Advisor

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

Top Skills

Reading Comprehension
4.0
Active Listening
4.0
Writing
4.0
Speaking
4.0
Critical Thinking
3.88

Key Knowledge Areas

Customer and Personal Service
4.48
Economics and Accounting
4.05
English Language
4.0
Mathematics
3.64
Psychology
3.48
Typical Education: Bachelor's Degree (52.2% of workers)

Source: O*NET OnLine, U.S. Department of Labor

Salary Range: Financial Advisor in Rhode Island

Salaries for Financial Advisor in Rhode Island range from $53,470 at the 10th percentile (entry level) to $206,300 at the 90th percentile (experienced). The middle 50% earn between $67,490 and $159,990.

Median $100,880
P10: $53,470 P25: $67,490 P75: $159,990 P90: $206,300
10th
$53,470
25th
$67,490
Median
$100,880
75th
$159,990
90th
$206,300
Percentile Annual Salary Hourly Rate Monthly
10th Percentile (Entry Level) $53,470 $25.71 $4,455
25th Percentile $67,490 $32.45 $5,624
Median (50th) $100,880 $48.50 $8,406
75th Percentile $159,990 $76.92 $13,332
90th Percentile (Experienced) $206,300 $99.18 $17,191

Note: The mean (average) salary of $118,310 differs from the median because salary distributions are typically skewed by high earners.

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What does this salary really buy? See Financial Advisor salary in Rhode Island adjusted for cost of living →

Financial Advisor Salary by State

Compare Financial Advisor pay across states — sorted by highest median salary.

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Frequently Asked Questions

How much does a Financial Advisor make in Rhode Island?
The median annual salary for a Financial Advisor in Rhode Island is $100,880 as of 2024. The average (mean) salary is $118,310.
What is the salary range for a Financial Advisor in Rhode Island?
Salaries for Financial Advisor in Rhode Island range from $53,470 at the 10th percentile to $206,300 at the 90th percentile. The middle 50%% earn between $67,490 and $159,990.
What is the starting salary for a Financial Advisor in Rhode Island?
Entry-level Financial Advisor positions in Rhode Island typically start around $53,470 (10th percentile). With some experience, salaries rise to $67,490 (25th percentile).
How many people work as Financial Advisor in Rhode Island?
According to 2024 BLS data, approximately 1,290 people are employed as Financial Advisor in Rhode Island.
What is the hourly rate for a Financial Advisor in Rhode Island?
Based on a standard 2,080-hour work year, the median hourly rate for a Financial Advisor in Rhode Island is approximately $48.50 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS