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Personal Financial Advisors (13-2052) in Hartford Labor Market Area
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Hartford LMA (1Q 2023)
All Industry
Estimated employment740
Mean wage$64.66
Entry wage$26.38
10th percentile wage$23.87
50th percentile wage$47.35
90th percentile wageN/A
 Top Employing Industries
 IndustryEmployment / Percent
Securities, Commodity Contracts, and Other Financial Investments and Related Activities45061.3%
Credit Intermediation and Related Activities20026.9%
 Top Paying Industries
 IndustryEmployment / Median Wage
Securities, Commodity Contracts, and Other Financial Investments and Related Activities450$49.50
Credit Intermediation and Related Activities200$34.84
Personal Financial Advisors (13-2052)
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.
Median Wage History
YearThis OccupationCompared to Occupational GroupDifference
Current  $47.35 $39.62 $7.73
2022$46.43+2.0%$38.85+2.0%$7.58
2021$44.34+4.7%$37.10+4.7%$7.24
2020$43.36+2.3%$36.28+2.3%$7.08
2019$42.37+2.3%$35.45+2.3%$6.92
2018$41.24+2.8%$34.50+2.8%$6.73
2017$40.25+2.4%$33.68+2.4%$6.57
2016$39.12+2.9%$32.73+2.9%$6.39
2015$38.16+2.5%$31.93+2.5%$6.23
2014$37.39+2.1%$31.29+2.1%$6.10
YearThis OccupationCompared to All OccupationsDifference
Current  $47.35 $26.35 $21.00
2022$46.43+2.0%$25.47+3.4%$20.95
2021$44.34+4.7%$24.10+5.7%$20.24
2020$43.36+2.3%$23.28+3.5%$20.08
2019$42.37+2.3%$22.62+2.9%$19.76
2018$41.24+2.8%$21.96+3.0%$19.28
2017$40.25+2.4%$21.33+2.9%$18.92
2016$39.12+2.9%$20.83+2.4%$18.28
2015$38.16+2.5%$20.30+2.6%$17.86
2014$37.39+2.1%$19.87+2.2%$17.52
Note: The mid-wage is the median wage. The average wage is the mean wage. The entry-level wage is equal to the average of the lower third of reported wages for the occupation. The wage range consists of the 10th and 90th percentiles; 80% of workers earn between this wage range, 10% earn less while 10% earn more.
Reference Date: 1st Quarter 2023
Top Areas For This Occupation
Best Pay
Median Wage / Employment
Bridgeport-Stamford $56.67  2,200  
Hartford $47.35  740  
Waterbury $46.83  40  
Norwich-New London $42.73  110  
Danbury $40.63  50  
Highest Employment
Median Wage / Employment
Bridgeport-Stamford $56.67  2,200  
Hartford $47.35  740  
New Haven $39.64  250  
Norwich-New London $42.73  110  
Danbury $40.63  50  
Wages in other areas
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