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Financial Advisor Salary in Pembroke Pines, FL

How much does a financial advisor make in Pembroke Pines? Explore median, entry-level, and senior salaries adjusted for Pembroke Pines's cost of living.

Median Salary
$108,310
per year in Pembroke Pines
Entry Level
$62,705
Starting salary
Senior Level
$153,915
Experienced professionals
Cost of Living
115
15% above national avg

Salary Breakdown by Experience Level

See how financial advisor salaries break down across different pay periods in Pembroke Pines.

PeriodEntry LevelMedianSenior
Annual$62,705$108,310$153,915
Monthly$5,225$9,026$12,826
Biweekly$2,412$4,166$5,920
Weekly$1,206$2,083$2,960
Hourly$30$52$74

Pembroke Pines vs National Average

How Pembroke Pines's financial advisor salaries compare to national figures.

Pembroke Pines Salary
$108,310
COL Index: 115
National Average
$64,780
COL Index: 100
Difference
+$43,530
Higher in Pembroke Pines

Cost of Living in Pembroke Pines

1-Bedroom Rent
$1,600
per month
Median Income
$62,340
per year
Population
171,178
residents
Rent % of Income
30.8%
median household
Cost of Living Index: 115 — A score of 100 represents the U.S. average. Salaries in Pembroke Pines have been adjusted to account for local cost differences.

About Financial Advisor

Overview

Advise clients on investments, retirement planning, and financial goals.

Education

Bachelor's degree in Finance or related field; CFP certification recommended

Key Skills

Investment ManagementFinancial PlanningClient CommunicationAnalysis

Growth Rate

Expected job growth: +21% over the next decade

Compare Cities: Financial Advisor Salary

See Financial Advisor salaries in other top cities.

New York, NY
$168,350
+55%
Los Angeles, CA
$121,940
+13%
Chicago, IL
$108,640
+0%
Houston, TX
$81,280
-25%
Phoenix, AZ
$91,490
-16%

Financial Tools to Explore

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Financial Advisor Salary in Pembroke Pines, FL — Complete Guide

Median Salary Overview

The median salary for a financial advisor in Pembroke Pines, FL is $108,310 per year, adjusted for the local cost of living index of 115. This figure reflects typical earnings for experienced professionals in this role, considering Pembroke Pines's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial advisor professionals in Pembroke Pines can expect to earn around $62,705 annually. As professionals gain experience, salaries typically increase, with senior-level financial advisors earning approximately $153,915 per year. This represents a 145% increase from entry to senior level.

Cost of Living Adjustment

Pembroke Pines's cost of living index of 115 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in Pembroke Pines are adjusted accordingly. This means that while the nominal salary may appear higher or lower than the national average of $64,780, the actual purchasing power must be considered in context.

Housing and Affordability

A significant portion of a financial advisor's salary in Pembroke Pines typically goes toward housing. With a 1-bedroom apartment averaging $1,600 per month, housing represents about 17.7% of median salary. Financial experts generally recommend keeping housing expenses below 30% of gross income.

Career Growth and Opportunities

Financial Advisors are in growing demand across the United States, with an expected job growth of 21% over the next decade. In Pembroke Pines, this translates to increasing opportunities and potential for salary growth as demand for experienced professionals continues to rise.

Source: BLS OEWS May 2024Metro-level wage data for this occupation and area
Data source: Salary data on this page are sourced from Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) program May 2024 estimates. Figures are approximate and intended for informational purposes only. Actual salaries may vary based on employer, experience, education, certifications, and local market conditions. This page does not constitute financial or career advice. For the most current wage data, visit bls.gov.