Personal Financial Advisor salary in New Mexico
Personal Financial Advisors in New Mexico earn a median of $94,270 a year ($45.32 an hour), based on BLS data for 610 workers.
Pay ranges from $56,450 for the lowest-paid 10% to $403,970 for the top 10%. That is 10% lower than the national median of $105,070. New Mexico ranks 29th of 49 states for personal financial advisors pay. There are 0.70 personal financial advisors per 1,000 jobs here — the job is less common than nationally (location quotient 0.41). The average (mean) salary is $151,100, above the median because a few high earners pull it up.
Pay range for personal financial advisors in New Mexico
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $56,450 | $27.14 |
| 25th percentile | $73,320 | $35.25 |
| Median | $94,270 | $45.32 |
| 75th percentile | $183,380 | $88.16 |
| 90th percentile (top earners) | $403,970 | $194.22 |
| Average (mean) | $151,100 | $72.65 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $7,855.83 |
| Semi-monthly (24 a year) | $3,927.92 |
| Biweekly (26 a year) | $3,625.77 |
| Weekly | $1,812.88 |
| Hourly | $45.32 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Buying a home? On a $94,270 salary, see how much house you can afford in New Mexico at today's mortgage rates, or work out a payment with the mortgage calculator.
Personal Financial Advisor salary in cities in New Mexico
| Metro area | Median salary | Workers |
|---|---|---|
| Santa Fe, NM | $138,790 | 110 |
| Albuquerque, NM | $95,990 | 290 |
| Las Cruces, NM | $72,990 | 70 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
Related jobs in New Mexico
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $78,580 | $37.78 |
| Loan Officer | $62,610 | $30.10 |
| Financial and Investment Analysts | $87,630 | $42.13 |
| Budget Analyst | $87,360 | $42.00 |
| Financial Specialists, All Other | $80,610 | $38.76 |
| Property Appraisers and Assessors | $50,550 | $24.30 |
| Tax Preparer | $38,060 | $18.30 |
| Financial Examiner | $67,950 | $32.67 |
| Credit Counselor | $50,390 | $24.23 |
| Tax Examiners and Collectors, and Revenue Agents | $56,260 | $27.05 |
| Financial Risk Specialist | $87,260 | $41.95 |
| Insurance Underwriter | $64,000 | $30.77 |
| Credit Analyst | $72,160 | $34.69 |
| Business Operations Specialists, All Other | $79,100 | $38.03 |
More: Business and Financial Operations Occupations · all salaries in New Mexico
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in New Mexico?
The median salary for personal financial advisors in New Mexico is $94,270 a year, or $45.32 an hour. Pay ranges from $56,450 for the lowest-paid 10% to $403,970 for the top 10%.
How much do the highest-paid personal financial advisors make in New Mexico?
The top 10% of personal financial advisors in New Mexico earn at least $403,970 a year. The top 25% earn $183,380 or more.
What is the starting pay for personal financial advisors in New Mexico?
Entry-level pay (the 10th percentile) is about $56,450 a year, and a quarter of personal financial advisors earn $73,320 or less.
How many personal financial advisors work in New Mexico?
About 610 personal financial advisors are employed in New Mexico, not counting the self-employed.