Financial Advisor Pay

Collierville vs Knoxville: Financial Advisor Salary (2026)

Compare financial advisor salaries between Collierville, TN and Knoxville, TN. All figures are 2026 estimates projected from BLS 2025 data.

Collierville, TN
$79,564
$38.25/hr
Knoxville, TN
$83,022
$39.92/hr

Side-by-Side Comparison

MetricCollierville, TNKnoxville, TN
Median Salary$79,564$83,022
Hourly Rate$38.25$39.92
Entry Level (P10)$46,147$45,328
25th Percentile$57,286$55,100
75th Percentile$101,841$169,959
Top Earner (P90)$123,324$450,398
Total Employed8420
Side-by-side bar chart comparing Collierville ($79,564) and Knoxville ($83,022) financial advisor salaries.ColliervilleKnoxvilleMedian Salary$79,564$83,022Entry Level (P10)$46,147$45,328Top Earner (P90)$123,324$450,398US Median $108,537

Verdict

Knoxville, TN offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Collierville.

The salary gap between Collierville and Knoxville is $3,458 (4.35%). Knoxville's median is -23.51% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Collierville spans $77,177,Knoxville spans $405,070. Knoxville has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Collierville
P10 (Entry)$46,147
P25$57,286
Median$79,564
P75$101,841
P90 (Top)$123,324
Knoxville
P10 (Entry)$45,328
P25$55,100
Median$83,022
P75$169,959
P90 (Top)$450,398

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Knoxville ($89,687 effective) pays 3.48% more than Collierville ($86,671 effective).

Collierville
Nominal: $79,564
CoL Index: 91.8
Adjusted: $86,671
Knoxville
Nominal: $83,022
CoL Index: 92.569
Adjusted: $89,687

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Collierville if…

  • You prefer the Tennessee area and lifestyle

Choose Knoxville if…

  • Higher median salary ($83,022/year)
  • Better top-earner potential ($450,398)
  • Larger job market (420 employed)
  • Better purchasing power (CoL-adjusted: $89,687)
  • You prefer the Tennessee area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Collierville grew -9.0% from 2024 to 2025, compared to 54.8% growth in Knoxville over the same period.

Collierville, TN

+-9.0%

$84,645 (2024) → $77,022 (2025)

Knoxville, TN

+54.8%

$51,910 (2019) → $80,370 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Collierville or Knoxville?

Knoxville has a higher median financial advisor salary at $83,022/year, compared to Collierville at $79,564/year — a difference of $3,458 (4.35%).

What is the hourly rate difference between Collierville and Knoxville?

Collierville financial advisors earn $38.25/hr while Knoxville hygienists earn $39.92/hr (2026 est.).

Should I relocate from Collierville to Knoxville as a financial advisor?

Consider more than just salary when comparing Collierville and Knoxville. Factor in cost of living (CoL-adjusted: Collierville = $86,671, Knoxville = $89,687), job availability (8 vs 420 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Collierville vs Knoxville?

Entry-level (10th percentile) financial advisors earn $46,147 in Collierville and $45,328 in Knoxville. The Collierville area offers higher starting salaries.
JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov