Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Financial Modeling Advisor III in California is $118,490 per year, which breaks down to an hourly rate of $57.
However, a Financial Modeling Advisor III's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
Recruit with AI
AI-Powered HR
Financial Modeling Advisor III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $128,030 | $10,669 | $2,462 | $62 |
| Average | $118,490 | $9,874 | $2,279 | $57 |
| 25th Percentile | $107,170 | $8,931 | $2,061 | $52 |
MassMutual - BOSTON, MA
MassMutual - SPRINGFIELD, MA
Horace Mann - CHERRY HILL, NJ
Horace Mann - LINDENWOLD, NJ
A Financial Modeling Advisor III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Financial Modeling Advisor III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| External Financial Modeling Analyst I | 0-2 years | $93,124 |
| External Financial Modeling Analyst II | 2-4 years | $115,222 |
| Financial Modeling Advisor III | 4-7 years | $118,481 |
| External Financial Modeling Analyst IV | 7+ years | $138,311 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Financial Modeling Advisor IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Financial Modeling Advisor III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $132,643. While startup companies pay approximate $112,213.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $112,213 |
| Growth Stage | 51~500 | $118,678 |
| Established | 501~5000 | $128,090 |
| Enterprise | 5000+ | $132,643 |
For Financial Modeling Advisor III roles, the industry you choose can affect earning potential by as much as 29% (the gap between the highest and lowest paying industries). Data shows that the Energy & Utilities and Internet sectors offer the strongest compensation, at 15% above the average. In contrast, Financial Modeling Advisor positions in Hospitality & Leisure or Retail & Wholesale typically offer lower base pay, as these industries often view Financial Modeling Advisor III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Energy & Utilities | $136,264 | $66.0 | 15% |
| Internet | $135,079 | $65.0 | 14% |
| Biotechnology | $132,709 | $64.0 | 12% |
| Pharmaceuticals | $130,339 | $63.0 | 10% |
| Insurance | $127,969 | $62.0 | 8% |
Understanding how a Financial Modeling Advisor III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $128,030 | $10,669 | $2,462 | $62 |
| Average | $118,490 | $9,874 | $2,279 | $57 |
| 25th Percentile | $107,170 | $8,931 | $2,061 | $52 |
Promotions are the fastest way to increase your earnings. As a Financial Modeling Advisor III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Data Analytics Advisor IV | $138,400 | 17% |
| External Financial Modeling Analyst IV | $138,400 | 17% |
| Professional Services Consultant IV | $121,100 | 2% |
| Manager of Supply Chain Advising | $155,000 | 31% |
Ready to take the next step in your career? Browse thousands of current Financial Modeling Advisor III job openings on our job board. Use the search bar below to find your perfect match.
Horace Mann
WILLINGBORO, NJ
Horace Mann | WILLINGBORO, NJ
Horace Mann seeks a Financial Advisor to serve K–12 educators with personalized insurance and retirement solutions. In this mission-driven role, you’ll bui... more
10 Days Ago
Horace Mann
EVESHAM, NJ
Horace Mann | EVESHAM, NJ
Horace Mann seeks a mission-driven Financial Advisor to serve K–12 educators and school employees. In this client-facing role, you will provide personalize... more
10 Days Ago
Horace Mann
RIVERTON, NJ
Horace Mann | RIVERTON, NJ
Horace Mann seeks a mission-driven Financial Advisor to serve K–12 educators and school employees. In this client-facing role, you’ll provide holistic guid... more
10 Days Ago
Horace Mann
WESTVILLE, NJ
Horace Mann | WESTVILLE, NJ
Horace Mann seeks a Financial Advisor to provide insurance and retirement solutions tailored to K–12 educators and school employees. In this mission-driven... more
10 Days Ago
Year Up United
BLOOMFIELD, PA
Year Up United | BLOOMFIELD, PA
Year Up United seeks motivated interns for our Financial Advisor Training Program within the Banking, Insurance & Investment sector. As a Financial Advisor... more
16 Days Ago
Year Up United
WEST HOMESTEAD, PA
Year Up United | WEST HOMESTEAD, PA
Year Up United seeks motivated interns for our Financial Advisor Training Program within the Banking, Insurance & Investment sector. As a Financial Advisor... more
16 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
