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Financial Advisor Salary in Washington, District of Columbia

Updated 2026-04-05BLS 2024 data — be the first to add a local report

Salary Distribution

BLS 2024
$145,387/ year

Median Financial Advisor in Washington, DC

$71,832
10th
$87,600
25th
$145,387
Median
$214,620
75th
$261,836
90th

Compensation Breakdown

BLS 2024
Base salary (median)
$145,387
Total compensation (est.)
$167,195
Bonus range
$3,000 – $17,640
Mean salary
$154,110

How This Compares

Washington, DC median
$145,387
District of Columbia median
$101,572+43.1%
National median
$99,580+46.0%

Cost of living in Washington is 46% above the national average. Salary of $145,387 here is equivalent to $99,580 nationally.

Salary by Experience

0-2 years
$104,679-28.0%
3-5 years
$132,302-9.0%
6-10 years
$162,833+12.0%
10+ years
$200,634+38.0%

Salary by Company Size

Startup (< 100 employees)
$127,941-12.0%
Mid-size (100–5,000)
$145,387
Enterprise (5,000+)
$171,557+18.0%

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Related Jobs in Washington

Financial Analyst$144,555/yr
Accountant$116,625/yr
CPA$116,625/yr
Investment Banker$144,555/yr
Actuary$175,200/yr

Quick Numbers

Hourly (40hr week)$70/hr
Monthly gross$12,116/mo
25th percentile$87,600/yr
75th percentile$214,620/yr

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Market Context

via FRED

Fed Funds Rate

Mar 2026

3.64%

Inflation (CPI)

year-over-year

2.4%+0.04

National Unemployment

Mar 2026

4.3%-0.10

District of Columbia Unemployment

Dec 2025

6.7%+0.20

Avg Hourly Earnings

all private workers

$37.38+$0.09

10yr Treasury

Apr 2026

4.31%

Source: St. Louis Fed (FRED). Updated daily.

Financial Advisor Salaries by City

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Frequently Asked Questions

What is the average Financial Advisor salary in Washington?

The median Financial Advisor salary in Washington is $145,387 per year, with a range from $87,600 at the 25th percentile to $214,620 at the 75th percentile. Total compensation including bonuses typically runs higher — see the breakdown above for the full picture.

How does Financial Advisor pay in Washington compare to the national average?

Financial Advisor salaries in Washington are 46% above the national median of $99,580. After adjusting for Washington's cost of living, the purchasing power of that salary is equivalent to roughly $99,580 nationally — which is the number that actually matters when comparing offers across cities.

What factors affect Financial Advisor salaries in Washington?

In Washington, the biggest drivers are years of experience, company size, and industry vertical. Entry-level Financial Advisor roles start around $71,832, while senior and staff-level positions at larger employers can reach $261,836 or above. Specialized skills and in-demand tools can also meaningfully shift where you land in the range.

Is Washington a good place for Financial Advisor jobs?

Washington offers a Financial Advisor median of $145,387, which is 46% above the US median of $99,580. Whether that makes it a good market depends on your personal cost-of-living equation — Washington is 46% more expensive than the national average, so factor that into your math.

How do I negotiate a higher Financial Advisor salary?

Start with the data on this page: the 75th percentile for Financial Advisor in Washington is $214,620, which is a defensible anchor for a negotiation. Come in with a specific number backed by real market data — not a range — and reference your experience tier. If you're above the median, ask for the 75th percentile. If you're already at the 75th, push for total comp improvements like equity or bonus instead.