SmartAsset has released its list of the best cities for young advisors. It evaluated the locales based on a number of factors, including average financial advisor earnings, rent, advisor search volume, percentage of households making more than $200,000 and the the portion of the population near retirement.
Topping the list is Chesapeake, Va. FAs earn, on average, a salary of $158,860. Richmond, Va. came in second on the list, with an average annual salary of $160,670.
Also making the list are:
- New Orleans
- Portland, Ore.
- Minneapolis
- San Francisco
- Virginia Beach, Va.
- Spokane, Wash
- St. Paul, Minn.
- Fremont, Calif.