17 Hottest States for Jobs as a Financial Advisor

According to the BLS, these states show surging job growth for financial advisors through 2024

If you’re an advisor looking to change firms or a newly minted advisor looking for his or her first job, you should check out this information.

ThinkAdvisor compiled data from U.S. Department of Labor’s Bureau of Labor Statistics Occupational Employment Statistics and Employment Projections Programs showing which states have the hottest yearly job growth for financial advisors through 2024. Some states like New York, of course, have a much larger number of advisor jobs that will be created because there are more advisors working already. This list provides the data for the fastest yearly percentage increase in jobs in the 10-year period, 2014-2024.

(Related: 12 Best States for Financial Advisor Pay: 2015 and 20 Best Paying Jobs for College Business Majors: 2017)

According to the Bureau of Labor Statistics, “the projected employment report includes total projected employment and job openings by occupation for all states and the U.S. Employment is the number of jobs projected in this occupation. The estimate for job openings includes both turnover that results from workers who leave the occupation (e.g. quit, retire, death) and new jobs that are created.”

The overall numbers for financial advisors in the United States in 2014 were 249,400, and are projected to increase to 323,200 by 2024 — a 30% growth rate with an average yearly increase of 13,640 jobs.

Keep reading for the states with the fastest-growing job markets for advisors:

Best States for Advisor Job Growth

Hawthorne Bridge and Portland skyline.

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

 Baltimore Inner Harbor.

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

Grand Canyon in Arizona. (Photo: AP)

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

Virginia Beach Boardwalk and Bike Path.

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

Mormon Temple in Salt Lake City. (Photo: AP)

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

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