Salary Comparison

Electrician vs Financial Advisor Salary

Financial Advisors earn approximately 54.1% more than Electricians nationally — $94,000 vs $61,000.

Electrician
$61,000
national median annual
Hourly (40 hr × 52 wk)
$29
Biweekly (26 paychecks)
$2,346
Monthly
$5,083
Category
Trades
Financial Advisor
$94,000
national median annual
Hourly (40 hr × 52 wk)
$45
Biweekly (26 paychecks)
$3,615
Monthly
$7,833
Category
Finance
Difference
Annual difference
Financial Advisor earn more than Electrician
+$33,000
Percentage difference
+54.1%
Hourly difference
+$16/hour
Monthly difference
+$2,750/month
Lifetime difference (40-yr career)
Naive — doesn't include compounding raises
+$1,320,000

Financial Advisors earn approximately $33,000 more per year than Electricians — about 54% — with comparable entry requirements.

What it takes to get in

Electrician roles typically require a high school diploma, while Financial Advisor roles require a bachelor's degree. Counting everything it takes to become employable — degree plus any apprenticeship, residency, or licensing exam — that is roughly 4.5 years for Electrician and 4 for Financial Advisor.

Each requires credentials — State journeyman/master electrician license after apprenticeship for Electrician, Series 65 (or 7+66); CFP optional but common for advancement for Financial Advisor. Renewals and continuing-education hours are an ongoing cost in both, not a one-time hurdle.

Pay range, not just the median

The medians hide most of what matters. Electrician pay runs from roughly $38,000 at the low end to $99,000 at the high end; Financial Advisor runs $49,990 to $239,200. The title sets the band; specialization, employer size, and location decide where inside it you actually sit.

The two bands are shaped differently. Financial Advisor top earners make about 4.8× what beginners make, against 2.6× for Electrician. A wide band means the ceiling rewards specializing and the median understates what is achievable; a narrow one means pay is more predictable and less dependent on landing the right niche.

What the work is actually like

Electrician: Residential and commercial construction sites, indoors and outdoors. Financial Advisor: Office or independent practice; frequent client meetings, calls, prospecting.

The physical difference is large enough to affect how long you can do the work: Electrician work is moderately physical, Financial Advisor work largely sedentary. Physically demanding trades often pay well in your twenties and thirties and then force a move into supervision, inspection, estimating, or training — worth planning for rather than discovering at fifty.

Location flexibility is not symmetric here. Financial Advisor work is typically hybrid, while Electrician work has to be done on site. That changes which metros you can earn a high salary from, and therefore what a given salary is actually worth after housing.

Moving between the two

These two barely touch. Trades and Finance draw on separate training pipelines, and employers in one rarely read experience in the other as relevant. Budget for a real reset. Military electricians and low-voltage/cable techs transfer in easily via credit toward apprenticeship hours; unrelated trades must start the apprenticeship from zero. Insurance agents and bank personal bankers often transition in; income is heavily commission/fee-based early on, making the entry-pay figure misleading for many new advisors.

If you are entering rather than switching: Electrician — Complete a 4-5 year IBEW or non-union apprenticeship combining paid on-the-job training with classroom instruction, then pass the state journeyman licensing exam. Financial Advisor — Bachelor's degree, then junior/associate advisor role building a book of clients while passing licensing exams (Series 65); many start on commission with a wirehouse or RIA.

Pay ranges, education requirements, and employment projections come from the Bureau of Labor Statistics Occupational Outlook Handbook and Occupational Employment and Wage Statistics. See our methodology for how these are compiled and updated.

Other comparisons in Trades

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Electrician salary by state Financial Advisor salary by state Best cities for Electrician Best cities for Financial Advisor Paycheck Calculator Investment Calculator.

Frequently Asked Questions

Who earns more, a Electrician or a Financial Advisor?
Financial Advisors earn more at the median — approximately $94,000 a year against $61,000, a gap of $33,000 or 54%. The ranges overlap though: Financial Advisor pay starts around $49,990 and Electrician pay reaches about $99,000 at the top, so an experienced Electrician can out-earn a new Financial Advisor.
Can you work remotely as a Electrician or a Financial Advisor?
Electrician work has to be done on site; Financial Advisor work is typically hybrid. This matters beyond convenience — remote-capable roles let you earn a high-cost-metro salary while paying low-cost-metro housing, which can be worth more than a raise.
Is Electrician physically demanding?
Yes — the work is moderately physical, against largely sedentary for Financial Advisor. Plan the second half of the career deliberately: most people in physically demanding fields move toward supervision, inspection, estimating, or teaching rather than doing the same work at sixty.
How much does location change this comparison?
National medians. Metro-level pay for both Electrician and Financial Advisor swings well over 30% around these figures, and the gap between the two is not constant — it widens in some markets and closes in others. Check the salary-by-state pages before treating a national comparison as your local one.