Help individuals manage finances, investments, insurance, and retirement planning. Median salary in Reno: $95K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Reno, Nevada. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Adjusted for Reno's cost-of-living index (108), the median Financial Advisor salary buys the equivalent of $87,963 in a US-average-cost city. That's $7,037 less purchasing power than the national median — the higher nominal salary doesn't fully offset local costs.
Nevada has no state income tax, which is worth roughly $8,835 per year at this salary level compared to a California Financial Advisor on the same gross pay. A Reno Financial Advisor would need to earn $104,741 in California to net the same take-home.
Average 1-bedroom rent in Reno ($1,600/mo) consumes approximately 29% of an after-tax median Financial Advisor salary. Financial planners typically recommend keeping housing under 30% of take-home — a salary at the 75th percentile ($148K) brings that ratio into a more comfortable range here.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $95K by 2030.
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The median Financial Advisor salary in Reno, NV is $95,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Reno–NV metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Financial Advisors in Reno with 0–2 years of experience typically earn between $58,000 and $95,000 annually. Mid-career professionals with 3–7 years command $95,000 to $148,000, while senior-level practitioners with 8+ years of experience regularly earn $148,000 to $230,000 or more.
Reno has a cost of living index of 108 compared to the US national average of 100. Living costs in Reno are close to the national average. Crucially, Nevada has no state income tax — giving Reno-based Financial Advisors an immediate 3–5% take-home pay advantage over workers in states like California (9.3%) or New York (6.85%).
Bachelor's in Finance; CFP, Series 7/65 licenses. 42% of these roles offer some remote flexibility.