The abundance of retirees and rising number of high-income earning households make Jacksonville among the most competitive cities for young financial advisers to launch careers.
Jacksonville's ranking was bolstered by high average financial advisor salaries — at $120,130, per the Bureau of Labor Statistics, higher than other metros in Florida — but hurt by the low 4.7% of the population making more than $200,000. The ranking was helped by the 7.8% of their salary that the average financial advisor spends on rent, which was fairly low compared to the rest of the country.