Financial Risk Specialists vs Personal Financial Advisors: Salary Comparison

Side-by-side salary data across all 50 states. Data from the Bureau of Labor Statistics (2024).

National Salary Overview

Financial Risk Specialists

Median Salary
$94,635
Average (Mean)
$101,575
Employed Nationwide
55,260
VS

Personal Financial Advisors

Median Salary
$92,738
Average (Mean)
$139,118
Employed Nationwide
264,740
Financial Risk Specialists earns $1,896 more (2.0%)

Key Metrics Compared

Median Salary $94,635 $92,738
Average (Mean) Salary $101,575 $139,118
Total Employment 55,260 264,740
States with Higher Pay 25 20

Salary by State: Financial Risk Specialists vs Personal Financial Advisors

Showing 45 states where both occupations have BLS data. Financial Risk Specialists pays more in 25 states; Personal Financial Advisors pays more in 20.

State Financial Risk Specialists Personal Financial Advisors Difference
Alaska $108,810
$84,710
+$24,100
Arizona $76,830
$81,850
$-5,020
Arkansas $64,050
$63,080
+$970
California $109,160
$103,330
+$5,830
Colorado $96,230
$96,440
$-210
Connecticut $109,600
$124,100
$-14,500
Delaware $133,290
$107,170
+$26,120
District of Columbia $110,550
$97,860
+$12,690
Florida $101,020
$92,770
+$8,250
Georgia $103,570
$98,330
+$5,240
Hawaii $68,490
$75,330
$-6,840
Idaho $73,400
$94,980
$-21,580
Illinois $100,700
$95,870
+$4,830
Indiana $87,150
$95,410
$-8,260
Iowa $102,810
$83,070
+$19,740
Kansas $69,550
$78,290
$-8,740
Kentucky $81,450
$77,950
+$3,500
Louisiana $62,000
$107,580
$-45,580
Maryland $102,540
$98,480
+$4,060
Massachusetts $108,700
$99,930
+$8,770
Michigan $90,260
$70,390
+$19,870
Minnesota $102,440
$98,920
+$3,520
Missouri $83,520
$101,100
$-17,580
Nebraska $82,950
$73,110
+$9,840
New Hampshire $96,760
$82,980
+$13,780
New Jersey $120,750
$126,670
$-5,920
New Mexico $75,840
$78,370
$-2,530
New York $139,670
$161,760
$-22,090
North Carolina $109,270
$102,920
+$6,350
North Dakota $76,490
$102,700
$-26,210
Ohio $100,490
$82,030
+$18,460
Oklahoma $79,710
$102,990
$-23,280
Oregon $116,150
$64,410
+$51,740
Pennsylvania $97,240
$100,370
$-3,130
Rhode Island $107,780
$100,530
+$7,250
South Carolina $86,250
$77,900
+$8,350
South Dakota $94,200
$105,470
$-11,270
Tennessee $77,120
$78,140
$-1,020
Texas $91,370
$81,660
+$9,710
Utah $92,220
$65,300
+$26,920
Vermont $99,990
$102,240
$-2,250
Virginia $109,350
$102,430
+$6,920
Washington $105,620
$91,580
+$14,040
West Virginia $67,420
$74,690
$-7,270
Wisconsin $97,690
$99,660
$-1,970

Frequently Asked Questions

Who makes more: Financial Risk Specialists or Personal Financial Advisors?
On average across all states, a Financial Risk Specialists earns more than a Personal Financial Advisors. The national median salary difference is $1,896 (2.0%) based on 2024 BLS data.
In how many states does a Financial Risk Specialists earn more than a Personal Financial Advisors?
A Financial Risk Specialists earns a higher median salary than a Personal Financial Advisors in 25 out of 45 states where both occupations have BLS data. A Personal Financial Advisors pays more in 20 states.
What is the median salary for a Financial Risk Specialists vs Personal Financial Advisors?
The national median salary for a Financial Risk Specialists is $94,635 per year, compared to $92,738 for a Personal Financial Advisors, according to 2024 BLS OEWS data.
Which has more jobs: Financial Risk Specialists or Personal Financial Advisors?
There are more people employed as Personal Financial Advisors. BLS reports approximately 55,260 Financial Risk Specialists positions and 264,740 Personal Financial Advisors positions nationwide (2024).
Should I become a Financial Risk Specialists or Personal Financial Advisors?
Both Financial Risk Specialists and Personal Financial Advisors are viable career paths. Beyond salary, consider factors like job availability in your state, work-life balance, education requirements, growth potential, and personal interests. Visit each occupation's salary page for state-specific data and career insights.