Financial Advisor Pay

Madison vs River Falls: Financial Advisor Salary (2026)

Compare financial advisor salaries between Madison, WI and River Falls, WI. All figures are 2026 estimates projected from BLS 2025 data.

Madison, WI
$130,158
$62.58/hr
River Falls, WI
$113,950
$54.78/hr

Side-by-Side Comparison

MetricMadison, WIRiver Falls, WI
Median Salary$130,158$113,950
Hourly Rate$62.58$54.78
Entry Level (P10)$54,222$66,091
25th Percentile$80,305$82,044
75th Percentile$223,407$145,857
Top Earner (P90)$524,031$176,623
Total Employed5905
Side-by-side bar chart comparing Madison ($130,158) and River Falls ($113,950) financial advisor salaries.MadisonRiver FallsMedian Salary$130,158$113,950Entry Level (P10)$54,222$66,091Top Earner (P90)$524,031$176,623US Median $108,537

Verdict

Madison, WI offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to River Falls.

The salary gap between Madison and River Falls is $16,208 (14.22%). Madison's median is +19.92% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Madison spans $469,809,River Falls spans $110,532. Madison has a wider pay range, meaning more potential for high earners but also more variation.

Madison
P10 (Entry)$54,222
P25$80,305
Median$130,158
P75$223,407
P90 (Top)$524,031
River Falls
P10 (Entry)$66,091
P25$82,044
Median$113,950
P75$145,857
P90 (Top)$176,623

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Madison ($133,788 effective) pays 9.66% more than River Falls ($122,002 effective).

Madison
Nominal: $130,158
CoL Index: 97.287
Adjusted: $133,788
River Falls
Nominal: $113,950
CoL Index: 93.4
Adjusted: $122,002

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

Which City Is Right for You?

Choose Madison if…

  • Higher median salary ($130,158/year)
  • Better top-earner potential ($524,031)
  • Larger job market (590 employed)
  • Better purchasing power (CoL-adjusted: $133,788)
  • You prefer the Wisconsin area and lifestyle

Choose River Falls if…

  • You prefer the Wisconsin area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Madison grew 23.2% from 2019 to 2025, compared to 31.9% growth in River Falls over the same period.

Madison, WI

+23.2%

$102,310 (2019) → $126,000 (2025)

River Falls, WI

+31.9%

$83,610 (2024) → $110,310 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Madison or River Falls?

Madison has a higher median financial advisor salary at $130,158/year, compared to River Falls at $113,950/year — a difference of $16,208 (14.22%).

What is the hourly rate difference between Madison and River Falls?

Madison financial advisors earn $62.58/hr while River Falls hygienists earn $54.78/hr (2026 est.).

Should I relocate from Madison to River Falls as a financial advisor?

Consider more than just salary when comparing Madison and River Falls. Factor in cost of living (CoL-adjusted: Madison = $133,788, River Falls = $122,002), job availability (590 vs 5 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Madison vs River Falls?

Entry-level (10th percentile) financial advisors earn $54,222 in Madison and $66,091 in River Falls. The River Falls area offers higher starting salaries.

Related Comparisons

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