Personal Financial Advisor Salary in El Paso, TX: $85,487 (2024)

The median personal financial advisor salary in El Paso, TX is $85,487 per year ($41.10/hour) as of 2026. This is based on official U.S. Bureau of Labor Statistics data. Salaries range from $56,008 for entry-level positions to $126,380 for experienced professionals in the top 10%.

Entry-level personal financial advisors in El Paso, TX typically start at around $56,008 per year ($26.93/hour), representing the 10th percentile. New graduates and those with less than 2 years of experience fall into this range. With experience and skill development, salaries can progress to the median of $85,487 within 3-5 years.

Personal Financial Advisors in El Paso, TX earn a median hourly wage of $41.10 per hour. Hourly rates range from $26.93/hour at entry-level (10th percentile) to $60.76/hour for top earners (90th percentile). Based on a standard 2,080-hour work year, this translates to annual salaries between $56,008 and $126,380.

The median personal financial advisor salary of $85,487 in El Paso, TX is below the national median of $99,580 (14.2% lower). Plus, the cost of living is 14% below the national average, stretching your salary further. This salary places you at the 50th percentile, meaning half of personal financial advisors in the area earn more and half earn less.

Personal Financial Advisors in El Paso, TX earn below the national average. The local median salary of $85,487 is 14.2% lower than the national median of $99,580. Plus, the cost of living is 14% below the national average, stretching your salary further. When adjusted for cost of living, the effective salary is approximately $99,173.

The top 10% of personal financial advisors in El Paso, TX earn $126,380 or more per year ($60.76/hour). These top earners typically have 10+ years of experience, advanced certifications, specialized expertise, or hold senior/management positions. The 75th percentile earns $102,564, which is a realistic goal for mid-career professionals.

Key skills that can boost personal financial advisor salary in El Paso, TX include: Strong communication and interpersonal abilities, Problem-solving and critical thinking, Technical proficiency relevant to the field, Attention to detail and organizational skills. Professionals with these skills often earn above the median of $85,487, potentially reaching the 75th percentile ($102,564) or higher. Years of relevant experience

El Paso, TX has a specialized job market for personal financial advisors, with approximately 242 professionals employed in the area. The median salary of $85,487 is below the national average. Plus, the cost of living is 14% below the national average, stretching your salary further. Job seekers should consider both salary and local industry demand when evaluating opportunities.

Compare your personal financial advisor salary to these El Paso, TX benchmarks: 10th percentile (entry-level): $56,008, 25th percentile: $69,864, 50th percentile (median): $85,487, 75th percentile: $102,564, 90th percentile (top earners): $126,380. If you earn more than $85,487, you're above average for the area.

Beyond the $85,487 median base salary, personal financial advisors in El Paso, TX typically receive comprehensive benefits including health insurance (medical, dental, vision), retirement plans (401k with employer matching), paid time off (15-25 days), and potentially bonuses or profit-sharing. Total compensation including benefits typically adds 25-40% to base salary value.

Experienced personal financial advisors with 5-10 years in El Paso, TX typically earn $102,564 (75th percentile) to $126,380 (90th percentile) per year. Senior professionals with 10+ years, certifications, or management roles can reach the top 10% at $126,380. Mid-career professionals (3-5 years) usually earn around the median of $85,487.

Personal Financial Advisors in El Paso, TX can see significant salary growth over their careers. Entry-level ($56,008) to median ($85,487) typically takes 3-5 years. Reaching the 90th percentile ($126,380) may take 10+ years and often requires specialized skills, certifications, or leadership experience. That's a potential growth of $70,372 over a career.