Salary Comparison

Financial Advisor vs Project Manager Salary

Project Managers earn approximately 4.3% more than Financial Advisors nationally — $98,000 vs $94,000.

Financial Advisor
$94,000
national median annual
Hourly (40 hr × 52 wk)
$45
Biweekly (26 paychecks)
$3,615
Monthly
$7,833
Category
Finance
Project Manager
$98,000
national median annual
Hourly (40 hr × 52 wk)
$47
Biweekly (26 paychecks)
$3,769
Monthly
$8,167
Category
Business
Difference
Annual difference
Project Manager earn more than Financial Advisor
+$4,000
Percentage difference
+4.3%
Hourly difference
+$2/hour
Monthly difference
+$333/month
Lifetime difference (40-yr career)
Naive — doesn't include compounding raises
+$160,000

These two pay almost the same nationally — within 4% of each other — so the choice comes down to working conditions rather than money.

Pay range, not just the median

The medians hide most of what matters. Financial Advisor pay runs from roughly $49,990 at the low end to $239,200 at the high end; Project Manager runs $52,700 to $132,900. Where you land inside that band depends far more on specialization, employer, and metro than on the job title.

The two bands are shaped differently. Financial Advisor top earners make about 4.8× what beginners make, against 2.5× for Project Manager. 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.

Moving between the two

Crossing between Finance and Business means rebuilding credentials and network from close to zero — the day-to-day skills do not carry, and neither does the résumé. 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. Common entry point from operations, IT, or construction coordinator roles; PMP certification is portable across industries and often required for senior openings.

If you are entering rather than switching: 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. Project Manager — Bachelor's degree in business, IT, or a technical field, then 2-3 years coordinating projects before earning the title; a CAPM or PMP certification accelerates the jump to lead PM.

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.

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Frequently Asked Questions

Who earns more, a Financial Advisor or a Project Manager?
Project Managers earn more at the median — approximately $98,000 a year against $94,000, a gap of $4,000 or 4%. The ranges overlap though: Project Manager pay starts around $52,700 and Financial Advisor pay reaches about $239,200 at the top, so an experienced Financial Advisor can out-earn a new Project Manager.
Do you need a license to work as a Financial Advisor?
Yes — Series 65 (or 7+66); CFP optional but common for advancement. Project Manager has no equivalent requirement. Licensing slows entry but also limits how fast the labor supply can expand, which tends to support pay over time. Requirements are set state by state, so check reciprocity before assuming a license travels with you.
Are these national figures or specific to where I live?
These are US national medians, which no individual actually earns. Financial Advisor pay in a coastal metro and in a rural county can differ by half, and Project Manager does not track it in lockstep — so the ranking between these two careers can flip depending on where you are.