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aboutthisdata:

Data in this report are from the U.S. Department of Labor's Bureau of Labor Statistics:

Current employment data are from the Occupational Employment and Wage Statistics, May 2022 estimates.

State employment projections are from Projections Central, Long-term Projections 2020-30, and State Labor Market Information offices.

National employment projections are from the Employment Projections, 2022-32.

Employment concentration data are from the Occupational Employment and Wage Statistics, May 2022 estimates.

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      Projected Employment for Personal Financial Advisors in US

      National Employment Percent
      Change
      Projected
      Annual
      Job
      Openings*
      2022 2032
      United States 327,600 369,600 13% 25,600
      State Employment Percent
      Change
      Projected
      Annual
      Job
      Openings*
      2020 2030
      California 42,000 47,700 +14% 3,790
      Florida 21,830 25,780 +18% 2,110
      New York 26,550 27,880 +5% 2,090
      Texas 18,720 22,640 +21% 1,880
      North Carolina 10,310 12,360 +20% 1,020
      Pennsylvania 11,980 12,710 +6% 960
      Massachusetts 10,690 11,780 +10% 920
      Illinois 11,430 12,140 +6% 920
      Ohio 9,190 9,870 +7% 750
      Georgia 7,420 8,950 +21% 740
      Washington 5,960 7,130 +20% 700
      Maryland 6,480 7,270 +12% 570
      Arizona 5,200 6,580 +27% 560
      Colorado 5,850 6,960 +19% 540
      Michigan 7,370 7,420 +1% 540
      Utah 4,370 5,770 +32% 500
      Connecticut 5,770 6,320 +10% 490
      Virginia 5,480 6,080 +11% 480
      Minnesota 6,010 6,300 +5% 470
      Wisconsin 5,770 5,990 +4% 440
      Tennessee 3,920 5,000 +28% 430
      Indiana 4,990 5,470 +10% 420
      Missouri 4,920 5,230 +6% 400
      New Jersey 5,160 5,400 +5% 400
      Kentucky 3,820 3,930 +3% 290
      Kansas 3,130 3,300 +5% 250
      Oregon 2,870 3,290 +15% 250
      South Carolina 2,520 2,890 +15% 230
      Iowa 2,140 2,460 +15% 200
      Alabama 2,370 2,480 +5% 190
      Nebraska 1,700 1,870 +10% 150
      Rhode Island 1,570 1,660 +6% 130
      Oklahoma 1,530 1,640 +7% 130
      Arkansas 1,380 1,470 +7% 110
      New Hampshire 1,210 1,350 +12% 110
      Louisiana 1,510 1,550 +3% 110
      Nevada 1,340 1,400 +5% 100
      Mississippi 870 920 +6% 70
      Maine 1,010 1,000 -1% 70
      West Virginia 840 880 +5% 70
      Hawaii 870 910 +5% 70
      District of Columbia 730 810 +11% 60
      Montana 590 650 +10% 50
      North Dakota 500 610 +22% 50
      Vermont 510 550 +8% 40
      Puerto Rico 450 530 +18% 40
      Idaho 780 720 -8% 40
      Wyoming 430 490 +14% 40
      New Mexico 550 590 +7% 40
      South Dakota 360 420 +17% 30
      Alaska 160 160 +0% 10
      Virgin Islands 10 10 +0% 00
      Delaware No Data Available No Data Available No Data Available No Data Available
      Northern Mariana Islands No Data Available No Data Available No Data Available No Data Available
      Guam No Data Available No Data Available No Data Available No Data Available
      American Samoa No Data Available No Data Available No Data Available No Data Available

      *Projected Annual Job Openings refers to the average annual job openings due to growth and net replacement.