Financial Advisor Salary in Redding, CA: $96,771 (2026)
Quick Answer:A full-time financial advisor in Redding, CA earns a median $96,771/year (≈ $46.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Redding's price level (1% above national, BEA RPP 100.7), that paycheck buys what $96,114 would nationally. Nominal pay sits 16.0% below the California state average.
Official BLS data · View source
The financial advisor salary in Redding, California, is projected to reach a median of $96,771 in 2026, which reflects a competitive yet distinct landscape compared to the national median of $108,537. This variance indicates that the local market may not fully align with national compensation trends. The compensation range for financial advisors in Redding spans from $53,086 at the 10th percentile to an impressive $292,814 at the 90th percentile. These figures, derived from 2025 BLS OEWS data, projected to 2026, highlight a spectrum of earning potential influenced by various factors such as experience, clientele, and employment structure. As competition intensifies, particularly between wirehouse and independent advisory models, Redding’s financial advisors are at a crossroads, encouraging many to evaluate the benefits of pursuing independence for enhanced compensation opportunities.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,086 | $25.53 |
| Lower Range (P25) | $63,468 | $30.51 |
| Median (P50)(typical) | $96,771 | $46.53 |
| Upper Range (P75) | $174,794 | $84.03 |
| Top Earners (P90) | $292,814 | $140.78 |
Median Salary Position
10.84% below the national average
2026 Salary Percentile Distribution in Redding
In Redding, CA, the financial advisor salary spread from the 10th to 90th percentile is $239,728 (2026 est.). At $96,771, the local median is 10.84% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Redding: You'd be in the entry-level range
How Redding Financial Advisor Pay Compares
Redding median: $96,771/year (2026)
| Compared To | Median Salary | Redding Pays |
|---|---|---|
| California Average | $115,204 | -16.00% less |
| National Average | $108,537 | -10.84% less |
Financial Advisors in Redding, CA earn a median of $96,771 per year (2026 est.), which is 10.84% lower than the national median of $108,537 and 16.00% below the California state average of $115,204.
Cost-of-Living Adjusted Salary
Redding has a cost of living 0.68% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Redding, CA has a cost-of-living index of 100.684 (above the national average of 100). While the nominal salary of $96,771 is competitive, the higher cost of living reduces purchasing power to an effective $96,114 — a 0.68% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$68,390
2025 BLS Actual
$93,680
2026 Current Est.
$96,771
2019–2027 Growth
+46.2%
Salary Trajectory for Financial Advisors in Redding (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $68,390 | Actual |
| 2020 | $75,810 | Actual |
| 2021 | $60,680 | Actual |
| 2022 | $73,880 | Actual |
| 2023 | $72,580 | Actual |
| 2024 | $94,990 | Actual |
| 2025 | $93,680 | Actual |
| 2026(current) | $96,771 | Estimated |
| 2027 | $99,965 | Projected |
Based on 7 years of BLS OEWS data for the Redding metropolitan area, the median financial advisor salary grew 37.0% from $68,390 (2019) to $93,680 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $99,965 by 2027 — a total increase of $31,575 (46.17%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Redding 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) | $53,086 – $63,468 |
| 3-5 years (Mid Career) | $63,468 – $96,771 |
| 5+ years (Experienced) | $96,771 – $174,794 |
| 10+ years (Top Earner) | $174,794 – $292,814 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Redding
In Redding, approximately 50 financial advisors are employed, which offers a unique snapshot of the local job market. The cost of living index stands at 100.684, slightly above the national average, impacting take-home purchasing power for advisors. Some of the highest-paying employers include wirehouses like Morgan Stanley and Merrill Lynch, alongside independent broker-dealers such as LPL and fee-only fiduciaries like Raymond James. Factors driving the wide disparity in financial advisor pay in Redding include assets under management (AUM), fee structures, and client demographics. Advisors focusing on high-net-worth (HNW) clients or those able to leverage breakaway transition packages often see significant earning potential. To maximize financial advisor pay in Redding, professionals should consider deepening their client relationships, obtaining certifications such as the CFP, and strategically building their AUM to make themselves more competitive in a rapidly changing industry.
More salary data for Redding, CA:
Frequently Asked Questions
How much do financial advisors make in Redding, CA in 2026?
Is Redding, CA a good place to work as a financial advisor?
Can financial advisors make $100K in Redding?
What is the cost-of-living adjusted financial advisor salary in Redding?
How much does a financial advisor make per hour in Redding?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in California
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 $93,680 for financial advisorsin the Redding 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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