Financial Advisor Salary in South Milwaukee, WI: $114,886 (2026)
Quick Answer:A full-time financial advisor in South Milwaukee, WI earns a median $114,886/year (≈ $55.23/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in South Milwaukee's price level (7% below national, BEA RPP 93.4), that paycheck buys what $123,004 would nationally. Nominal pay sits 5.0% below the Wisconsin state average.
Based on BLS state-level estimates · View source
Financial advisors in South Milwaukee, Wisconsin, can expect to earn a median annual salary of $114,886 in 2026. The full salary range spans from $66,634 at the 10th percentile to as much as $178,074 for those at the 90th percentile. This compensation reflects local estimates derived from BLS state-level data and considers regional price parities. The presence of advisory firms that adopt a fee-only fiduciary model is changing the dynamics of financial advisor compensation, potentially driving salaries higher as the industry transitions away from commission-based structures. With a growing emphasis on credentials like the CFP designation, professionals in South Milwaukee are in a strong position to leverage their expertise and advance their earning potential.
About the South Milwaukee Market
Salary estimated from Wisconsin average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $66,634 | $32.03 |
| Lower Range (P25) | $82,719 | $39.77 |
| Median (P50)(typical) | $114,886 | $55.23 |
| Upper Range (P75) | $147,054 | $70.70 |
| Top Earners (P90) | $178,074 | $85.62 |
Median Salary Position
5.85% above the national average
2026 Salary Percentile Distribution in South Milwaukee
In South Milwaukee, WI, the financial advisor salary spread from the 10th to 90th percentile is $111,440 (2026 est.). At $114,886, the local median is 5.85% above the national median of $108,537.
Salary Calculator
At 40 hours/week in South Milwaukee: You'd be in the lower-middle range
How South Milwaukee Financial Advisor Pay Compares
South Milwaukee median: $114,886/year (2026)
| Compared To | Median Salary | South Milwaukee Pays |
|---|---|---|
| Wisconsin Average | $120,933 | -5.00% less |
| National Average | $108,537 | +5.85% more |
Financial Advisors in South Milwaukee, WI earn a median of $114,886 per year (2026 est.), which is 5.85% higher than the national median of $108,537 and 5.00% below the Wisconsin state average of $120,933.
Cost-of-Living Adjusted Salary
South Milwaukee has a cost of living 6.60% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
South Milwaukee, WI has a cost-of-living index of 93.4 (below the national average of 100). A financial advisor earning $114,886 nominally has purchasing power equivalent to $123,004 in an average-cost city — an effective 7.07% boost.
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2019 BLS Actual
$92,989
2025 BLS Actual
$111,216
2026 Current Est.
$114,886
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in South Milwaukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $92,989 | Actual |
| 2020 | $94,555 | Actual |
| 2021 | $99,678 | Actual |
| 2022 | $100,970 | Actual |
| 2023 | $105,405 | Actual |
| 2024 | $84,297 | Actual |
| 2025 | $111,216 | Actual |
| 2026(current) | $114,886 | Estimated |
| 2027 | $118,677 | Projected |
Based on 7 years of BLS OEWS data for the South Milwaukee metropolitan area, the median financial advisor salary grew 19.6% from $92,989 (2019) to $111,216 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $118,677 by 2027 — a total increase of $25,688 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the South Milwaukee 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) | $66,634 – $82,719 |
| 3-5 years (Mid Career) | $82,719 – $114,886 |
| 5+ years (Experienced) | $114,886 – $147,054 |
| 10+ years (Top Earner) | $147,054 – $178,074 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in South Milwaukee
Looking deeper into the local job market, only six financial advisors are currently employed in South Milwaukee, which highlights the limited competition for available roles. The cost of living index stands at 93.4, suggesting that residents may enjoy a reasonable purchasing power relative to the wages earned. Among the various employers in the region, wirehouses like Morgan Stanley and UBS typically offer higher salaries, particularly for those managing substantial assets under management (AUM) on a commission basis. On the other hand, independent registered investment advisors (RIAs) may pay well, especially for those with a solid client base and CFP credentials, as fee percentages often contribute to profitability. High-earning advisors in South Milwaukee usually focus on high-net-worth clients and may benefit from equity partnerships at RIAs or breakaway transition packages from larger firms. To maximize earnings, networking within the community, pursuing advanced credentials, and specializing in niche markets may be effective strategies for aspiring financial advisors.
More salary data for South Milwaukee, WI:
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 $111,216 for financial advisorsin the South Milwaukee 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 South Milwaukee 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