Personal Financial Advisor

Also called: Financial Advisor, Wealth Advisor

Helps people manage their money: saving, investing, retirement, college and insurance.

A day in the life

You meet a 55-year-old nurse to see if she can retire at 62, run projections, suggest saving more in her 401(k) and rebalance her investments. Later you call a client nervous about a market drop.

Pay over a career

Starting
$48k
Typical
$105k
High
$239k

Pay depends on clients served; top advisors earn well above the BLS top-code, while new advisors often struggle for a few years.

Training

Bachelor's degree (4-year), about 4 years after high school. Bachelor's in finance or any field; CFP certification and FINRA licenses are common.

Ways in: 4-year college, Certification. Training cost: $15k – $60k.

Majors to look at: Finance, Financial Planning, Economics, Business Administration.

Outlook

Growing slowly (about 1% over 10 years). BLS projects slower-than-average growth for 2025-35 as robo-advisors and consolidation spread.

Will it last? Our AI estimate

Medium risk for 10 years. Robo-advisors and AI handle investing and plan drafts; human advisors who coach families through big life decisions stay in demand.

Start now, in high school

Classes: Personal finance, AP Statistics, Psychology, Speech.

Official data: O*NET occupation 13-2052.

More Financial Planning & Advising careers

Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.