Financial Advisor Salary in Norwalk, CA: $114,417 (2026)
Quick Answer:A full-time financial advisor in Norwalk, CA earns a median $114,417/year (≈ $55.01/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Norwalk's price level (13% above national, BEA RPP 113.1), that paycheck buys what $101,164 would nationally. Nominal pay sits 0.7% below the California state average.
Based on BLS state-level estimates · View source
In the financial advisory landscape of Norwalk, California, the projected median annual salary for financial advisors in 2026 is $114,417. This local estimate reflects a competitive compensation framework when compared to the national median of $108,537, presenting a notable increase of 5.42%. Salaries in Norwalk range from $66,362 at the lowest tier to $177,346 for those at the upper echelon, highlighting significant variability in compensation. These figures take into account cost-of-living adjustments based on regional pricing, emphasizing the market dynamics that define financial advisor pay in Norwalk, CA. As firms in the area navigate the differences between wirehouse and independent registered investment advisor (RIA) models, understanding the impact of assets under management (AUM) on earnings becomes essential for prospective advisors seeking lucrative opportunities.
About the Norwalk Market
Salary estimated from California average ($140,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $66,362 | $31.91 |
| Lower Range (P25) | $82,381 | $39.61 |
| Median (P50)(typical) | $114,417 | $55.01 |
| Upper Range (P75) | $146,454 | $70.41 |
| Top Earners (P90) | $177,346 | $85.26 |
Median Salary Position
5.42% above the national average
2026 Salary Percentile Distribution in Norwalk
In Norwalk, CA, the financial advisor salary spread from the 10th to 90th percentile is $110,984 (2026 est.). At $114,417, the local median is 5.42% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Norwalk: You'd be in the lower-middle range
How Norwalk Financial Advisor Pay Compares
Norwalk median: $114,417/year (2026)
| Compared To | Median Salary | Norwalk Pays |
|---|---|---|
| California Average | $115,224 | -0.70% less |
| National Average | $108,537 | +5.42% more |
Financial Advisors in Norwalk, CA earn a median of $114,417 per year (2026 est.), which is 5.42% higher than the national median of $108,537 and 0.70% below the California state average of $115,224.
Cost-of-Living Adjusted Salary
Norwalk has a cost of living 13.10% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Norwalk, CA has a cost-of-living index of 113.1 (above the national average of 100). While the nominal salary of $114,417 is competitive, the higher cost of living reduces purchasing power to an effective $101,164 — a 11.58% reduction.
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2019 BLS Actual
$92,609
2025 BLS Actual
$110,762
2026 Current Est.
$114,417
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Norwalk (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $92,609 | Actual |
| 2020 | $94,169 | Actual |
| 2021 | $99,272 | Actual |
| 2022 | $100,558 | Actual |
| 2023 | $104,975 | Actual |
| 2024 | $157,179 | Actual |
| 2025 | $110,762 | Actual |
| 2026(current) | $114,417 | Estimated |
| 2027 | $118,193 | Projected |
Based on 7 years of BLS OEWS data for the Norwalk metropolitan area, the median financial advisor salary grew 19.6% from $92,609 (2019) to $110,762 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $118,193 by 2027 — a total increase of $25,584 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Norwalk 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $66,362 – $82,381 |
| 3-5 years (Mid Career) | $82,381 – $114,417 |
| 5+ years (Experienced) | $114,417 – $146,454 |
| 10+ years (Top Earner) | $146,454 – $177,346 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Norwalk
Analyzing the local job market further reveals that only 22 financial advisors are currently employed in Norwalk, underscoring both a competitive environment and the potential for growth within this niche. The area has a cost-of-living index of 113.1, which means financial advisors must consider how their take-home pay will be affected by local expenses. Wirehouses, particularly those like Morgan Stanley and Merrill Lynch, tend to offer higher salaries, often stemming from their commission-based compensation structures. In contrast, RIAs in Norwalk provide a fiduciary approach, which can lead to varying pay scales based on client portfolios and fee structures, such as the typical 1% AUM fee. High-net-worth (HNW) client concentrations also amplify pay disparities, particularly for advisors holding prestigious credentials like the CFP or CFA, who can command premium salaries. For those entering or advancing their careers, enhancing AUM and seeking partnerships or breakaway transitions from wirehouses can provide pathways to maximizing compensation in this evolving market.
More salary data for Norwalk, CA:
Frequently Asked Questions
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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
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 BLS reported a median annual salary of $110,762 for financial advisorsin the Norwalk metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Norwalk 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