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Financial Advisor Salary in Memphis, TN

Updated

The median financial advisor in the Memphis area earns $100,120 a year ($48.13 an hour), 5% below the U.S. median ($105,070) and 19% above the Tennessee median ($84,160). Half of the 790 financial advisors there earn between $60,200 and $217,380.

Percentiles. Dark: the middle half of earners. Red line: median. Dashed: U.S. median.
Personal Financial Advisors, May 2025 (latest official data). Metro area: Memphis, TN-MS-AR.
Annual payMemphis areaTennesseeU.S.
10th percentile$44,810$44,170$50,190
25th percentile$60,200$58,880$72,440
Median$100,120$84,160$105,070
75th percentile$217,380$167,410$176,790
90th percentile$598,360$406,200$357,020
Average$184,300$153,140$156,670
Jobs7903,970266,800

Memphis, TN ranks 27th for financial advisor pay among the 48 of the 50 largest U.S. metro areas where it is published. Highest: New York, NY ($170,050).

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Sources

U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025, www.bls.gov/oes. BLS.gov cannot vouch for the data or analyses derived from these data after the data have been retrieved from BLS.gov.