Your work. Your records.
Financial Advisor Workplace Records
Personal financial advisors analyze client needs, develop plans and maintain relationships over time. An employment concern may involve client reassignment, compensation credit or an instruction affecting your duties. Explain the business arrangement and your actual responsibilities without turning the personal file into a client portfolio archive. Advisor titles and compensation labels alone do not establish employment status or applicable legal coverage.
Call now(800) 800-5555Free initial case evaluation. Representation depends on work state and case eligibility. This guide explains record preparation; it does not determine whether a legal claim exists.
A record map for your role
What to organize first
Arrangement outline
Keep your own agreement and describe who assigned work, set targets and approved changes to your role.
Payment chronology
Identify the plan version, relevant credit event and disputed entry on your own compensation statement.
Client privacy
Remove client identifiers and portfolio details from your personal summary while noting relevant record types for later review.
Start with the work you actually do
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. May also buy and sell financial assets for clients.
O*NET classifies this occupation as Personal Financial Advisors (13-2052.00). Its description covers a typical occupation, not every workplace or individual job. It does not establish employee status, overtime eligibility or employer misconduct.
- Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.Source task 12907 · updated 08/2024
- Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.Source task 12904 · updated 08/2024
- Answer clients' questions about the purposes and details of financial plans and strategies.Source task 12905 · updated 08/2024
- Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.Source task 20183 · updated 08/2024
A reference point for your pay records
May 2025 wage estimates by state
Compare your pay records with published BLS estimates for Personal Financial Advisors (SOC 13-2052). These describe an occupation across employers. They are not a required pay rate, an overtime calculation, or evidence of discrimination or unpaid wages.
Select your work state to see its published pay range. No personal pay information is requested or sent.
The 25th and 75th percentiles mark the middle half of the estimated wage distribution; the median is its midpoint. Actual pay can differ with experience, employer, location and duties. Hourly and annual figures are shown as published, without converting one into the other.
All published state estimates for this occupation
| State | Hourly 25th | Hourly median | Hourly 75th | Annual median |
|---|---|---|---|---|
| Alabama | $22.72 | $37.50 | $65.41 | $77,990 |
| Alaska | $29.95 | $37.83 | $73.29 | $78,690 |
| Arizona | $28.66 | $46.61 | $71.20 | $96,950 |
| Arkansas | $23.92 | $38.18 | $74.87 | $79,420 |
| Connecticut | $39.42 | $62.36 | $79.73 | $129,720 |
| Delaware | $35.63 | $60.12 | $77.73 | $125,050 |
| Florida | $31.31 | $48.54 | $99.18 | $100,970 |
| Georgia | $31.38 | $48.78 | $93.75 | $101,450 |
| Hawaii | $25.19 | $36.57 | $60.34 | $76,070 |
| Idaho | $30.33 | $45.37 | $92.70 | $94,370 |
| Indiana | $24.14 | $42.17 | $78.85 | $87,710 |
| Iowa | $33.74 | $44.38 | $71.29 | $92,310 |
| Kansas | $36.82 | $49.29 | $84.66 | $102,530 |
| Kentucky | $21.74 | $32.29 | $54.98 | $67,150 |
| Louisiana | Not published | Not published | Not published | Not published |
| Maine | Not published | Not published | Not published | Not published |
| Michigan | $23.83 | $37.47 | $66.65 | $77,930 |
| Minnesota | $32.92 | $49.36 | $80.14 | $102,660 |
| Mississippi | $25.51 | $30.43 | $64.39 | $63,300 |
| Missouri | $31.13 | $48.04 | $80.53 | $99,930 |
| Montana | $36.65 | $46.85 | $63.11 | $97,450 |
| Nebraska | $29.42 | $44.85 | $66.41 | $93,280 |
| New Hampshire | $31.05 | $46.53 | $64.19 | $96,780 |
| New Mexico | $35.25 | $45.32 | $88.16 | $94,270 |
| New York | $49.08 | $80.00 | $135.60 | $166,400 |
| North Carolina | $30.38 | $46.58 | $74.02 | $96,880 |
| North Dakota | $30.61 | $36.96 | $49.46 | $76,870 |
| Ohio | $30.61 | $43.75 | $76.00 | $90,990 |
| Oklahoma | $26.49 | $33.02 | $49.09 | $68,670 |
| Pennsylvania | $36.51 | $50.58 | $83.46 | $105,200 |
| Rhode Island | $30.14 | $38.56 | $64.15 | $80,200 |
| South Dakota | $48.65 | $61.89 | $98.23 | $128,720 |
| Tennessee | $28.31 | $40.46 | $80.49 | $84,160 |
| Texas | $31.11 | $47.67 | $78.53 | $99,160 |
| Utah | $29.35 | $37.21 | $56.42 | $77,390 |
| Vermont | $38.25 | $52.89 | $85.49 | $110,020 |
| Virginia | $35.33 | $49.35 | $96.15 | $102,640 |
| West Virginia | $25.72 | $38.47 | $63.42 | $80,010 |
| Wisconsin | $37.37 | $57.42 | $98.85 | $119,430 |
| Wyoming | $27.93 | $37.26 | $66.40 | $77,490 |
“Not published” preserves unavailable or suppressed source cells. “Above reporting limit” preserves a top-coded source value without inventing a number. A missing state estimate does not establish service eligibility. The data describe wage and salary employment; they do not measure self-employment income.
Source: BLS May 2025 state workbook · OEWS tables · BLS technical notes. Use your own schedule, pay statement and compensation terms to identify the question you want reviewed.
Separate client service from employment instructions
Describe the general service task and who assigned or changed it. For a reassigned client relationship, record when you were notified, the stated reason and the effect on your responsibilities. If you raised a concern about an instruction, document the request and response factually. Do not reproduce a client’s finances or make unsupported claims about investment suitability to explain your employment issue.
Follow compensation through its stated stages
Keep your own plan version and identify the event used for credit, if the document specifies one. Compare your compensation statement with the relevant period and note the precise adjustment you want explained. Include any inquiry and response without assuming assets under management or product value equals your earnings. Distinguish a projected payment from one shown on a final statement.
Protect financial and relationship records
Do not export client lists, account holdings, tax returns, risk assessments, credentials or financial planning files. Identify the type and date of a relevant internal record for controlled review. Retain employment documents only where permitted. Your personal chronology can explain a workload or reassignment concern through general tasks and management instructions without exposing the financial circumstances of individual clients.
Choose your next step
Review the workplace retaliation guide, unpaid wages guide, or discrimination guide if those concerns fit your experience. A job title alone does not establish a claim.
Call now(800) 800-5555Current service-state coverage
AK, AL, AR, AZ, CT, DE, FL, GA, HI, IA, ID, IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NM, NY, OH, OK, PA, RI, SD, TN, TX, UT, VA, VT, WI, WV, WY. Eligibility is evaluated individually; this list does not promise representation.
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