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Personal Financial Advisors

in Massachusetts

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives.

All Industry Projections for this Occupation

SOC
Code
Title Employment Change Annual Average Openings Typical education needed for entry
2014 2024 Level Percent Total Growth Replace-
ments
132052  Personal Financial Advisors 7,827 9,208 1,381 17.64 % 334 138 196 Bachelor's degree 

Industry Projections for this Occupation

CSV of this data
Projection Table Definitions and Notes
Industry 2014
Employment
Projected 2024 Employment Change
2014-2024
2016
Mean Annual OES Wage
Number Percent Distribution Number Percent Distribution Number Percent
Finance and Insurance    5,700  73 % 6,930  75 % 1,230  22 % $103,520
Securities, Commodity Contracts, and Other Financial Investm    4,160  53 % 5,290  57 % 1,130  27 % $118,990
Credit Intermediation and Related Activities    1,350  17 % 1,440  16 % 90  7 % $69,040
Management of Companies and Enterprises    240  3 % 250  3 % 10  4 % $86,260
Management of Companies and Enterprises    240  3 % 250  3 % 10  4 % $86,260
Professional, Scientific, and Technical Services    130  2 % 140  2 % 10  6 % $93,390
Professional, Scientific, and Technical Services    130  2 % 140  2 % 10  6 % $93,390
Massachusetts Department of Unemployment Assistance
Department Economic Research
This workforce product was funded by a grant awarded by the U.S. Department of Labor's Employment and Training Administration. (more...)