SergiyMolchenko/iStock/Getty Images
1. Pittsburgh, Penn. (tie)
Sean Pavone/iStock/Getty Images
Average Financial Advisor Pay 2020: 160,350
Two-Year Change (2018-2020): 20.93%
Advisor Pay Relative to Average Pay (multiple): 2.95x
Housing Costs as a Percent of Advisor Pay: 6.54%
1. Richmond, Va. (tie)
Doug Hendricks/iStock/Getty Images Plus
Average Financial Advisor Pay 2020: $160,670
Two-Year Change (2018-2020): 23.70%
Advisor Pay Relative to Average (multiple): 2.89x
Housing Costs as a Percent of Advisor Pay: 8.94%
3. Birmingham-Hoover, Ala.
Sean Pavone/iStock/Getty Images
Average Financial Advisor Pay 2020: $153,070
Two-Year Change (2018-2020): 23.51%
Advisor Pay Relative to Average (multiple): 3x
Housing Costs as a Percent of Advisor Pay: 7.31%
4. Virginia Beach-Norfolk-Newport News, Va.-N.C.
DenisTangneyJr/iStock/Getty Images Plus
Average Financial Advisor Pay 2020: $158,860
Two-Year Change (2018-2020): 25.76%
Advisor Pay Relative to Average (multiple): 3.05x
Housing Costs as a Percent of Advisor Pay: 9.59%
5. Minneapolis-St. Paul-Bloomington, Minn.-Wisc.
UWMadison/iStock/Getty Images Plus
Average Financial Advisor Pay 2020: $161,020
Two-Year Change (2018-2020): 60.39%
Advisor Pay Relative to Average (multiple): 2.57x
Housing Costs as a Percent of Advisor Pay: 9.77%
6. New Orleans-Metairie, La.
Philip Gould/Corbis Documentary/Getty Images
Average Financial Advisor Pay 2020: $141,630
Two-Year Change (2018-2020): 45.92%
Advisor Pay Relative to Average (multiple): 2.83x
Housing Costs as a Percent of Advisor Pay: 8.24%
7. Chicago-Naperville-Elgin, Ill.-Ind.-Wisc.
Scott Olson/Getty Images
Average Financial Advisor Pay 2020: $145,890
Two-Year Change (2018-2020): 11.75%
Advisor Pay Relative to Average (multiple): 2.42x
Housing Costs as a Percent of Advisor Pay: 10.69%
8. Charlotte-Concord-Gastonia, N.C.-S.C.
Scott Olson/Getty Images News/Getty Images
Average Financial Advisor Pay 2020: $146,650
Two-Year Change (2018-2020): 1.50%
Advisor Pay Relative to Average (multiple): 2.65x
Housing Costs as a Percent of Advisor Pay: 9.01%
8. Cincinnati, Ohio-Ken.-Ind.
Adam Jones/Stone/Getty Images
Average Financial Advisor Pay 2020: $121,150
Two-Year Change (2018-2020): 17.95%
Advisor Pay Relative to Average (multiple): 2.26x
Housing Costs as a Percent of Financial Pay: 9.72%
10. Indianapolis-Carmel-Anderson, Ind.
Mark E. Gibson/Corbis Documentary/Getty Images
Average Financial Advisor Pay 2020: $125,550
Two-Year Change (2018-2020): 4.06%
Advisor Pay Relative to Average (multiple): 2.37x
Housing Costs as a Percent of Advisor Pay: 9.41%
11. New York-Newark-Jersey City, N.Y.-N.J.-Penn.
Average Financial Advisor Pay 2020: $169,850
Two-Year Change (2018-2020): 3.89%
Advisor Pay Relative to Average (multiple): 2.39x
Housing Costs as a Percent of Advisor Pay: 11.95%
12. Columbus, Ohio
Mark Gibson/Corbis Documentary/Getty Images
Average Financial Advisor Pay 2020: $115,980
Two-Year Change (2018-2020): 19.16%
Advisor Pay Relative to Average (multiple): 2.14x
Housing Costs as a Percent of Advisor Pay: 11.11%
12. Louisville, Ken.-Ind.
hstiver/iStock/Getty Images Plus
Average Financial Advisor Pay 2020: $111,610
Two-Year Change (2018-2020): 12.63%
Advisor Pay Relative to Average (multiple): 2.27x
Housing Costs as a Percent of Advisor Pay: 10.21%
14. Kansas City, Mo.-Kan.
Josh8100/iStock/Thinkstock
Average Financial Advisor Pay 2020: $113,610
Two-Year Change (2018-2020): 13.26%
Advisor Pay Relative to Average (multiple): 2.08x
Housing Costs as a Percent of Advisor Pay: 11.44%
15. San Diego-Carlsbad, Calif.
Bill Ross/The Image Bank/Getty Images
Average Financial Advisor Pay 2020: $148,780
Two-Year Change (2018-2020): 8.54%
Advisor Pay Relative to Average (multiple): 2.31x
Housing Costs as a Percent of Advisor Pay: 15.09%
