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Personal Financial Advisor

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AVG. SALARY

$161,110

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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Oklahoma Earnings

Average Annual Wage

$161,110

Entry Annual Wage

$40,200

Experienced Annual Wage

$239,200

Average Hourly Wage

$77.46

Entry Hourly Wage

$19.33

Experienced Hourly Wage

$115.00

Median Hourly Wage

$49.51

Oklahoma Regional Earnings

Oklahoma Metropolitan Areas Wages

Region Average Entry Level Experienced
Fort Smith AR-OK MSA $112,060 or $53.88/hr $34,710 or $16.69/hr $199,490 or $95.91/hr
Oklahoma City MSA $173,390 or $83.36/hr $47,460 or $22.82/hr $239,200 or $115.00/hr
Tulsa MSA $169,230 or $81.36/hr $52,260 or $25.13/hr $239,200 or $115.00/hr

Oklahoma Geographical Areas Wages

Region Average Entry Level Experienced
Northeast Oklahoma nonmetropolitan area $144,440 or $69.44/hr $35,260 or $16.95/hr $239,200 or $115.00/hr
Northwest Oklahoma nonmetropolitan area $116,790 or $56.15/hr $30,910 or $14.86/hr $239,200 or $115.00/hr
Southwest Oklahoma nonmetropolitan area $136,400 or $65.58/hr $30,910 or $14.86/hr $239,200 or $115.00/hr
Southeast Oklahoma nonmetropolitan area $150,200 or $72.21/hr $33,560 or $16.14/hr $239,200 or $115.00/hr

Oklahoma's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 13%
Job Openings 168 estimated annual job openings
Employment 2,121 were employed in this occupation

Oklahoma's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Tulsa MSA 580 7% 4 N/A 47
Oklahoma City MSA 670 9% 6 N/A 56

National Earnings

Average Annual Wage

$150,670

Average Hourly Wage

$72.44

Average Annual Range

$48,730 to $239,200

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook increasing
  The employment change from 2022 to 2032 is estimated to be +13%.
(The National average for all occupations is +3%)
Job Openings very small number
  A total of 2560 average annual openings are expected for this occupation between 2022 and 2032.
(The National Average for all occupations is 1,670 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 327,600 workers in 2022.
(The National average for all occupations is 147,916 workers)
Growth Much faster than average growth
  The primary driver of employment growth will be the aging population. As large numbers of baby boomers continue to retire, they are likely to seek planning advice from personal financial advisors. Also, longer lifespans will lead to longer retirement periods, further increasing demand for financial planning services. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (83.2%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (62.9%)
  • Credit intermediation and related activities (NAICS522000) (16.5%)
  • Self-employed workers (12.2%)
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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.