Financial Risk Specialists vs Personal Financial Advisors: Salary Comparison (2024)
Side-by-side salary comparison using 2024 Bureau of Labor Statistics data.
Which Career Pays More?
Financial Risk Specialists professionals earn $3,860 more per year than Personal Financial Advisors professionals — that's 3.8% higher.
Salary Range Comparison
Financial Risk Specialists$62,270 – $182,310
Personal Financial Advisors$49,990 – N/A
$49,990$182,310
Detailed Salary Comparison
| Percentile | Financial Risk Specialists | Personal Financial Advisors | Difference |
|---|---|---|---|
| 10th Percentile | $62,270 | $49,990 | +$12,280 |
| 25th Percentile | $80,280 | $70,620 | +$9,660 |
| Median (50th) | $106,000 | $102,140 | +$3,860 |
| 75th Percentile | $145,020 | $172,540 | $-27,520 |
| 90th Percentile | $182,310 | N/A | N/A |
| Mean (Average) | $119,930 | $160,210 | $-40,280 |
Employment Numbers
Financial Risk Specialists
56,320
employed nationwide
Personal Financial Advisors
270,480
employed nationwide
Top Paying Cities
Best Cities for Financial Risk Specialists
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $141,960 |
| San Francisco-Oakland-Berkeley, CA | $140,050 |
| San Jose-Sunnyvale-Santa Clara, CA | $137,420 |
| Charlotte-Concord-Gastonia, NC-SC | $130,750 |
| Seattle-Tacoma-Bellevue, WA | $128,440 |
Best Cities for Personal Financial Advisors
| City | Median |
|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | $168,350 |
| San Francisco-Oakland-Berkeley, CA | $157,510 |
| San Diego-Chula Vista-Carlsbad, CA | $128,400 |
| Sacramento-Roseville-Folsom, CA | $126,690 |
| San Jose-Sunnyvale-Santa Clara, CA | $126,480 |
Frequently Asked Questions
Who earns more: Financial Risk Specialists or Personal Financial Advisors?
Financial Risk Specialists professionals earn more, with a median salary difference of $3,860 (3.8% higher) as of 2024 BLS data.
What is the salary range for Financial Risk Specialists?
Financial Risk Specialists salaries range from $62,270 (10th percentile) to $182,310 (90th percentile), with a median of $106,000.
What is the salary range for Personal Financial Advisors?
Personal Financial Advisors salaries range from $49,990 (10th percentile) to N/A (90th percentile), with a median of $102,140.
How many Financial Risk Specialists and Personal Financial Advisors jobs are there?
There are approximately 56,320 Financial Risk Specialists positions and 270,480 Personal Financial Advisors positions nationwide according to 2024 BLS data.
Is it worth switching from Personal Financial Advisors to Financial Risk Specialists?
Career decisions depend on many factors beyond salary. Financial Risk Specialists has a median salary of $106,000 while Personal Financial Advisors earns $102,140. Consider job satisfaction, growth prospects, required education, and work-life balance.
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Data verified March 2026 · Source: U.S. Bureau of Labor Statistics OEWS