As of August 01, 2026, the average salary for an Wealth Management Advisor III in New Mexico is $82,990 per year, which breaks down to an hourly rate of $40.
However, an Wealth Management Advisor III's salary can vary significantly. Here’s a look at the typical salary range:
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An Wealth Management 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 an Wealth Management 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 |
|---|---|---|
| Wealth Management Advisor I | 0-2 years | $51,598 |
| Wealth Management Advisor II | 2-4 years | $68,581 |
| Wealth Management Advisor III | 4-7 years | $82,988 |
| Wealth Management Advisor IV | 7+ years | $100,015 |
| Wealth Management Advising Director | 7+ years | $202,577 |
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 Wealth Management Advisor IIIs. For example, consider the average annual salaries in these key locations:
Wealth Management Advisor III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $89,352. While startup companies pay approximate $75,727.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $75,727 |
| Growth Stage | 51~500 | $80,069 |
| Established | 501~5000 | $86,315 |
| Enterprise | 5000+ | $89,352 |
For Wealth Management Advisor III roles, the industry you choose can affect earning potential by as much as 50% (the gap between the highest and lowest paying industries). Data shows that the Insurance and Financial Services sectors offer the strongest compensation, at 20% above the average. In contrast, Wealth Management Advisor positions in Business Services or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Wealth Management Advisor III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Insurance | $99,588 | $48.0 | 20% |
| Financial Services | $91,289 | $44.0 | 10% |
Understanding how an Wealth Management 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.
Last Updated on August 01, 2026Promotions are the fastest way to increase your earnings. As an Wealth Management 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 |
|---|---|---|
| Wealth Management Advisor IV | $100,020 | 21% |
| Private Client Banker IV | $125,580 | 51% |
Ready to take the next step in your career? Browse thousands of current Wealth Management Advisor III job openings on our job board. Use the search bar below to find your perfect match.
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