Occupation group ATO 2023–24

Financial investment advisor or manager: income by state

The median taxable income for Financial investment advisor or manager in Australia was $125,281 in 2023–24, and the average was $202,840 (ATO Table 15B).

Among states, median taxable income was highest in NSW at $144,180 and lowest in TAS at $105,894 (ATO Table 15D).

$125,281

median taxable income, ATO 2023–24

ATO Table 15B

$202,840

average taxable income, ATO 2023–24

ATO Table 15B

$120,000

median salary or wage income, ATO 2023–24

ATO Table 15B

20,385

individuals, ATO 2023–24

ATO Table 15B

Men and women

Median income by sex, Financial investment advisor or manager, ATO 2023–24

Horizontal axis: Median income ($), ATO 2023–24. Bars are labelled Male and Female; the exact figures are in the table below.

ATO Table 15B

Men and women, Financial investment advisor or manager, ATO 2023–24
Measure	Total	Male	Female
individuals	20,385	13,920	6,465
average taxable income	$202,840	$232,971	$137,963
median taxable income	$125,281	$137,998	$103,240
average salary or wage income	$172,017	$193,273	$126,548
median salary or wage income	$120,000	$130,642	$100,046
average total income	$212,184	$243,327	$145,126
median total income	$134,551	$147,249	$110,208

ATO Table 15B

Financial investment advisor or manager by state

Median taxable income by state, Financial investment advisor or manager, ATO 2023–24

Vertical axis: State. Horizontal axis: Median taxable income ($), ATO 2023–24.

Show data

Median taxable income by state, Financial investment advisor or manager, ATO 2023–24
State	median taxable income, ATO 2023–24
NSW	$144,180
ACT	$123,352
VIC	$121,972
WA	$119,634
NT	$116,693
QLD	$115,168
SA	$111,285
TAS	$105,894

ATO Table 15D

State figures are for this unit group. There is no separate page per state.

Financial investment advisor or manager (unit group 2223) by state, ATO 2023–24
State	individuals	average taxable income	median taxable income	average salary or wage income	median salary or wage income
NSW	7,690	$255,007	$144,180	$215,421	$137,387
ACT	278	$145,391	$123,352	$138,255	$118,537
VIC	5,697	$203,329	$121,972	$165,413	$119,963
WA	1,592	$153,755	$119,634	$132,704	$109,089
NT	37	$152,337	$116,693	$148,192	$117,229
QLD	3,588	$144,397	$115,168	$130,467	$110,570
SA	1,118	$132,700	$111,285	$117,530	$103,263
TAS	287	$124,911	$105,894	$113,429	$103,795

ATO Table 15D

Occupations in Financial investment advisor or manager

Occupations in Financial investment advisor or manager, ranked by median salary or wage income, ATO 2023–24
Occupation	median salary or wage income
Financial investment manager salary	$209,537
Financial adviser salary	$109,999

ATO Table 15A

Rankings this occupation group appears in

Highest paid occupation groups in New South Wales (rank 11)
Highest paid occupation groups in Victoria (rank 29)
Highest paid occupation groups in Queensland (rank 39)
Highest paid occupation groups in Western Australia (rank 46)
Highest paid occupation groups in South Australia (rank 16)

Method

Taxable income is the amount left after deductions on the return. Salary or wage income is employment income reported to the ATO. This page does not treat taxable income as salary or wage income.

State figures come from Table 15D for this unit group. Occupation is the occupation people reported on their tax return. Some cells in the ATO tables are not published.