Entry-Level Financial Advisor Salary in Franklin, WI: $67,427 (2026)
Quick Answer:New financial advisors entering the Franklin, WI job market in 2026 can expect a starting salary around $67,427 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Franklin's local price level (BEA RPP 93.4 — 7% below national), a first-year paycheck buys what $72,192 would in average-cost America. Most reach the city median ($116,254) within a few years of clinical practice.
Based on BLS state-level estimates · View source
For those entering the financial advising field in Franklin, WI, the starting financial advisor salary for new graduates in 2026 presents a mixed yet hopeful picture. Entry-level positions can expect a salary around $67,427 as indicated by the lower end of the pay scale, which may feel subdued when compared to the city median salary of $116,254. However, there is a clear upward trajectory within the first few years: starting salaries can progress through $83,703 at the P25 mark and potentially reach the median as skills and client relationships develop. Given the projected annual growth rate of 3.30% for the profession, Franklin is shaping up to be a promising market for recent graduates looking to establish their careers in financial advising.
About the Franklin Market
Salary estimated from Wisconsin average ($95,000) adjusted for local cost of living.
Career Earnings Timeline in Franklin
New Graduate
Early Career
Mid Career
Experienced
Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.
2026 Salary Percentile Distribution in Franklin
Entry-level financial advisors in Franklin, WI typically start between $67,427 and $83,703 per year (2026 est.). The full salary range spans $112,766 from the 10th to 90th percentile, with the local median at $116,254 — 7.11% above the national median.
Return on Investment
The average financial planning program cost in Wisconsin of $45,000 represents just 66.74% of the starting financial advisor pay ($67,427/year) in Franklin. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.
Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.
CFP, FA Salary Negotiation Tips for New Graduates in Franklin
- 1Research the Franklin market: entry-level financial advisor pay ranges from $67,427 to $83,703, so aim for at least the 25th percentile if you have strong credentials.
- 2Highlight any additional certifications or specialty training within the financial planning field — employers in WI often pay a premium for expanded scope of work.
- 3Evaluate the full compensation package — in Franklin, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
- 4Consider starting with a larger hospital system or multi-site employer in Franklin for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
- 5Franklin's below-average cost of living means your starting salary goes further here compared to many larger metro areas.
Financial Advisor Compensation Range
The financial advisor wage spread in Franklin is $112,766 ( 167.24%) between entry-level and top earners. Starting at $67,427, experienced hygienists can earn up to $180,193.
Represents the current salary spread across experience levels, not projected career growth rate.
2019 BLS Actual
$55,857
2025 BLS Actual
$65,273
2026 Current Est.
$67,427
2019–2027 Growth
+24.7%
Salary Trajectory for Financial Advisors in Franklin (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $55,857 | Actual |
| 2020 | $57,353 | Actual |
| 2021 | $61,866 | Actual |
| 2022 | $60,734 | Actual |
| 2023 | $63,374 | Actual |
| 2024 | $49,474 | Actual |
| 2025 | $65,273 | Actual |
| 2026(current) | $67,427 | Estimated |
| 2027 | $69,652 | Projected |
Entry-level financial advisor compensation (10th percentile) in Franklin, WI grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $55,857 in 2019 to $65,273 in 2025. By 2027, starting salaries are projected to reach $69,652. New graduates entering the Franklin job market can expect continued year-over-year gains.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Franklin metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Starting Your financial planning Career in Franklin
Several employers in Franklin are keen on hiring new graduates, particularly major firms such as Northwestern Mutual, Edward Jones, and MassMutual, which offer structured training programs that often include bonuses linked to commissions. Additionally, Registered Investment Advisors (RIAs) are seeking associate advisors from candidates with credentials like the CFP or Series 7 and 66 licenses, providing a clear career path that often starts with client service roles. While a Bachelor's degree is essential, obtaining extra credentials can significantly enhance starting financial advisor pay in WI, making it possible to break into higher earning potential sooner. As new graduates navigate their early careers, understanding the shifting dynamics between commission-based models and fee-only RIAs will be vital, as the latter are growing in popularity and typically offer AUM-based compensation, providing a solid avenue for salary growth early on.
More salary data for Franklin, WI:
Frequently Asked Questions
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Is financial planning school worth it in Franklin?
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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.
Methodology & Data Source
Entry-level salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Franklin. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.
Data Sources & Methodology
Salary data for Franklin is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov