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Financial Advisor Salary in San Jose, CA

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

Median Salary
$126,480
per year in San Jose
Entry Level
$73,225
Starting salary
Senior Level
$179,735
Experienced professionals
Cost of Living
182
82% above national avg

Salary Breakdown by Experience Level

See how financial advisor salaries break down across different pay periods in San Jose.

PeriodEntry LevelMedianSenior
Annual$73,225$126,480$179,735
Monthly$6,102$10,540$14,978
Biweekly$2,816$4,865$6,913
Weekly$1,408$2,432$3,456
Hourly$35$61$86

San Jose vs National Average

How San Jose's financial advisor salaries compare to national figures.

San Jose Salary
$126,480
COL Index: 182
National Average
$64,780
COL Index: 100
Difference
+$61,700
Higher in San Jose

Cost of Living in San Jose

1-Bedroom Rent
$2,800
per month
Median Income
$95,634
per year
Population
1,021,795
residents
Rent % of Income
35.1%
median household
Cost of Living Index: 182 — A score of 100 represents the U.S. average. Salaries in San Jose 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
+33%
Los Angeles, CA
$121,940
-4%
Chicago, IL
$108,640
-14%
Houston, TX
$81,280
-36%
Phoenix, AZ
$91,490
-28%

Financial Tools to Explore

Use these Pulsafi calculators to understand your finances based on a financial advisor salary in San Jose.

Salary Breakdown Calculator

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Cost of Living Calculator

Understand your expenses and purchasing power in San Jose.

Budget Calculator

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Rent vs Buy Calculator

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Financial Advisor Salary in San Jose, CA — Complete Guide

Median Salary Overview

The median salary for a financial advisor in San Jose, CA is $126,480 per year, adjusted for the local cost of living index of 182. This figure reflects typical earnings for experienced professionals in this role, considering San Jose's unique economic conditions.

Salary Range and Experience Levels

Entry-level financial advisor professionals in San Jose can expect to earn around $73,225 annually. As professionals gain experience, salaries typically increase, with senior-level financial advisors earning approximately $179,735 per year. This represents a 145% increase from entry to senior level.

Cost of Living Adjustment

San Jose's cost of living index of 182 significantly impacts salary comparisons. As a higher cost-of-living city, salaries in San Jose 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 San Jose typically goes toward housing. With a 1-bedroom apartment averaging $2,800 per month, housing represents about 26.6% 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 San Jose, 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.