Most workers who are paid an hourly wage and work more than 40 hours in a 7-day work week must be paid overtime. When paying overtime, a business must pay at least one and one-half times the workerâs regular hourly rate. Yes.
Financial Advisor in Houston, Texas Salary. A Financial Advisor in Houston, Texas earns an average salary of $50,867 per year. The skills that increase pay for this job the most are Portfolio Management and Microsoft Excel. Most people move on to other jobs if they have more than 20 years' experience in this career.
Median annual compensation was about $67,520 as of May 2012, with 90% earning between $32,280 and $187,200. Financial advisor compensation typically is commission-based. That is, a financial advisor gets a share of the revenue generated for the firm by his/her clients. Other metrics, such as the total value of client financial assets on deposit with the financial advisor's firm, may also factor into compensation. Top financial advisors can earn well over $1,000,000.