Personal Financial Advisors Salary in New Mexico
SOC 13-2052 · New Mexico · BLS OEWS May 2024
The median salary for Personal Financial Advisors in New Mexico is $77,709 per year ($37.36/hr). This is 23.9% lower than the national median of $102,149. The middle 50% earn between $68,578 and $115,170 annually. Top earners at the 90th percentile reach $163,438.
Wage Percentiles: New Mexico
| Percentile | Hourly Rate | Annual Salary | vs National |
|---|---|---|---|
| P10 | $18.80 | $39,104 | -21.8% |
| P25 | $32.97 | $68,578 | -2.9% |
| P50MEDIAN | $37.36 | $77,709 | -23.9% |
| P75 | $55.37 | $115,170 | -33.2% |
| P90 | $78.58 | $163,438 | +0.0% |
Market Context Signal
Financial activities openings fell 28K but hiring actually rose 40K, bucking the broader downtrend. Quit rates at 1.2% signal deep employee retention. One of the most employer-favorable sectors.
Frequently Asked Questions
What is the median personal financial advisors salary in New Mexico?
The median (P50) annual salary for Personal Financial Advisors in New Mexico is approximately $77,709, based on BLS OEWS May 2024 data adjusted for regional cost factors. This is 23.9% lower than the national median of $102,149.
What is the salary range for entry-level personal financial advisors in New Mexico?
Entry-level Personal Financial Advisors (10th percentile) in New Mexico earn approximately $39,104 per year. The 25th percentile is $68,578. Top earners (90th percentile) reach $163,438.
How does New Mexico compare to the national average for personal financial advisors?
New Mexico pays 23.9% lower than the national average. The national P50 is $102,149 vs $77,709 in New Mexico. Based on BLS national data adjusted for regional cost factors.
Personal Financial Advisors Salary by Location
Other Roles in New Mexico
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