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Financial Advisor vs Project Manager: which pays more?

Financial Advisors earn about $2,000 more per year than project managers — roughly 2% higher at the national median. Here is how the two careers compare on pay, training, and outlook.

Financial Advisor

$102,000

median per year

Personal financial advisors help clients plan for retirement, investments, taxes, and insurance.

Full financial advisor salary data →

Project Manager

$100,000

median per year

Project managers plan, execute, and close projects on time and within budget.

Full project manager salary data →

Side-by-side breakdown

MetricFinancial AdvisorProject Manager
Median annual salary$102,000$100,000
Median hourly pay$49$48
Entry-level (10th percentile)$55,000$68,000
Top earners (90th percentile)$210,000$160,000
Education requiredBachelor's degree plus licensing; CFP certification preferred.Bachelor's degree plus PMP certification for many roles.
Job outlook17% growth through 2033 — much faster than average.7% growth through 2033 — faster than average.

Pay by state

StateFinancial AdvisorProject ManagerDifference
California$120,500$118,000+$2,500 for Financial Advisor
New York$116,500$114,000+$2,500 for Financial Advisor
Massachusetts$115,500$113,000+$2,500 for Financial Advisor
Washington$114,000$112,000+$2,000 for Financial Advisor
New Jersey$111,000$109,000+$2,000 for Financial Advisor
Colorado$106,000$104,000+$2,000 for Financial Advisor
Illinois$104,000$102,000+$2,000 for Financial Advisor
Pennsylvania$100,000$98,000+$2,000 for Financial Advisor
Texas$99,000$97,000+$2,000 for Financial Advisor
Arizona$98,000$96,000+$2,000 for Financial Advisor
Michigan$97,000$95,000+$2,000 for Financial Advisor
Ohio$96,000$94,000+$2,000 for Financial Advisor
Georgia$96,000$94,000+$2,000 for Financial Advisor
North Carolina$95,000$93,000+$2,000 for Financial Advisor
Florida$94,000$92,000+$2,000 for Financial Advisor

Which career should you choose?

Pay is only one part of the decision. Financial Advisors earn more on paper, but bachelor's degree plus licensing; cfp certification preferred. takes longer and costs more than bachelor's degree plus pmp certification for many roles.. If you want to start earning sooner, project manager is usually the faster route. If long-term earning ceiling matters most, financial advisor tops out at $210,000 versus $160,000.

Job security also differs: financial advisor outlook is "17% growth through 2033 — much faster than average." while project manager outlook is "7% growth through 2033 — faster than average."

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