WestwardAI Consulting

Local market data · AI for financial advisors

Financial advisors by US metro, 2022

The US had 24,303 financial advisors with paid staff in 2022, employing 110,887 people at an average of $169,945 a year. 94% have fewer than 10 staff and the average has 4.6 people. New York has the most of the big metros listed here, with 1,747.

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Financial advisors in the biggest US metros

MetroBusinessesEmployeesAvg payUnder 10 staffRank of 387
New York1,74716,473$317,01389%1st
Los Angeles1,2966,168$158,34894%2nd
Miami8502,336$138,04896%3rd
Chicago8135,703$233,56690%4th
Dallas7033,327$186,01993%5th
Philadelphia5853,370$148,29291%7th
Boston5413,539$181,58290%8th
Atlanta4831,905$197,28093%11th
Houston4621,785$206,37992%12th
Washington4222,148$173,00691%14th

Each metro page adds the size mix, a calculator for what your team's admin hours cost at local pay, and the jobs financial advisors hand to AI first.

Where these numbers come from

The U.S. Census Bureau, County Business Patterns 2022 (released 2024), NAICS 523930 (Investment advice). Businesses with paid employees only. More metros are added as each set is checked. Page checked 2026-11-12.

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A free 30-minute call. You leave knowing which part of your financial advisor to hand to AI first, what we would build, and roughly how long it takes.

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