25 Best States For Financial Analysts

Published on February 14, 2017 at 1:56 am by Jay Martin in Lists, News

Time to take stock and check out the 25 states for financial analysts.

There is a scene in The Office where Steve Carell’s Michael Scott tells a woman at a bar that he’s a bank teller. He says that Ryan (another character who Michael looks up to) told him to always tell women you work in finance. The joke is that being a bank teller is not necessarily the fanciest area of finance that Ryan was alluding to in order to impress women and that Michael is the kind of guy who isn’t savvy or slimy enough to make that distinction.

I always really enjoyed that line. It reminds me that the character truly is a buffoon but it’s also the kind of mistake a child would make–like believing in unicorns or the American banking system. Children are so trusting.

What exactly IS a financial analyst though? Aside from it being someone who actually does work in finance, the fancy kind, the kind that impresses certain women in certain bars–what does a financial analyst do?

Well, a financial analyst is a person who performs financial analysis for external as well as internal financial clients. As a financial analyst, you will improve the financial status by analyzing results, monitor variances, identify trends and recommend actions to management among other things. The job financial analyst is divided into a few sectors like accounting and auditing services and aerospace and defense.

Get it? No? How about this? A financial analyst works in a bank, for an investment firm, for a pension fund, at an insurance company, and for other similar businesses.

Financial analysts provide advice to businesses or to individuals who are making investment decisions. The three major categories for financial analysts are those “that work for ‘sell-side’ investment firms, those that work for ‘buy-side’ investment firms and those that work for investment banks”. They do so by assessing the performance of stocks, bonds, and other types of investments.

If you are a financial analyst who is searching for 25 best states for financial analyst then you already know all this–sorry! As a financial analyst, you will need to have a degree in know how to work with the information and statistics and provide the company with the most accurate outcome. Also, if you are interested, here you can see which are the 10 Largest Financial Services Companies by AUM.

As a financial analyst, you are probably looking for a well-developed state, with a lot of companies and a good chance for a job. Also, it is very important for the state to have big companies which have tremendous outcome and states who lack financial analysts. With this, as a financial analyst, you will get the chance to choose between them and find the right one and which ones are the matching your skills and demands the most. While we talk about demands and choosing, many people aren’t considering the highest salaries as the first parameter. Considering that today’s cities are huge, many people are looking for companies which are closer to their home, and, despite payment, those who offer good working conditions. Also, according to Bureau of Labor Statistics, the average salary that one financial analyst gets is $80, 310 per year or $38.61 on the hour.

In order to create the list of 25 best states for financial analysts, we took different parameters from Bureau Of Labor Statistics. We collected data to see how many financial analysts are already working in each state and we sorted the list by their approximate annual salary they are earning.

25. Arizona

More than 5,520 financial analysts found their dream job in Arizona. Here you can expand your knowledge, live and work in great living conditions, and you can earn more than $72,570 every year.

24. Tennessee

Tennessee employed more than 3,400 financial analysts. As a financial analyst, you should consider moving here because you can also earn an approximate annual salary of $76,020.

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23. Ohio

More than 9,510 financial analysts are already working their dream job. In Ohio, you can work with a lot of positive people and you can earn more than $76,070 every year. In case you wasn’t sure if Ohio was good for you, now you know for sure it is.

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22. Florida

Who doesn’t want to live in Florida? As a financial analyst, here you can find a job like other 10,900 financial analysts did. But, you can also earn more than $77,010 which will allow you to enjoy your life in Florida.

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21. Wisconsin

Maybe you didn’t even think about Wisconsin when you thought about 25 best states for financial analysts, but you should definitely consider it. In Wisconsin, more than 4,360 financial analysts are working and they are earning even more than $77,430 every year.

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20. Utah

Utah employed 1,740 people, which is a great opportunity for you to move here. In Utah, an approximate annual salary for financial analysts is $77,570. Despite a good job with a great salary, you can also live in great living conditions.

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19. Washington

If you wondered if Washington is good for you to live and work as a financial analyst, the answer is yes. Washington already employed 4,830 financial analysts and they are already earning more than $78,530 every year.

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18. Georgia

If you haven’t considered Georgia as a good place for you to move, you definitely should. In Georgia, more than 6,480 people are working as financial analysts and they are earning more than $78,700 every year.

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17. Michigan

As a financial analyst, you should seriously consider moving to Michigan. They are offering great living conditions as well as working. Michigan already employed more than 5,700 financial analysts and they are earning more than 78,910 every year.

16. Kansas

Kansas employed 1,210 financial analysts which mean they will need more educated people like you. Here you can work in a great work environment, and your approximate annual salary will be more than $82,930.

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15. Pennsylvania

Pennsylvania is also offering great opportunities for financial analysts. As a financial analyst, you can earn more than $81,960 every year like more than 10,920 people are already earning and you can start living the life you always dreamed of.

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14. Missouri

Missouri is the perfect place for you to live and work as a financial analyst. Here you can find your dream job easily and you can work in great living conditions just like 3,930 financial analysts are already working. Your approximate annual salary will be more than $84,590.

13. Minnesota

If you wondered if Minnesota is great for you as a financial analyst, you should definitely consider it. More than 6,020 financial analysts are already working their dream jobs and they are earning more than $86,330 every year.

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12. North Carolina

North Carolina already employed more than 7,420 financial analysts. Here you can earn more than $88,200 every year which is a pretty good reason to start packing your bags and start working your dream job.

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11. Alabama

Even though around 1,390 financial analysts are working in Alabama, they are offering one of the highest salaries. In Alabama, your approximate annual salary will be more than $89,420 which will allow you to live your life like you always wanted.

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10. Virginia

Virginia found its place on the list of 25 best states for financial analysts because they are offering great living, as well as working conditions. In Virginia, more than 6,980 financial analysts are already working and they are earning more than $93,840 every year.

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9. Oregon

Maybe you didn’t even consider Oregon like a good place for you as a financial analyst, but you definitely should because more than 2,280 financial analysts are employed and they are earning an insane salary of even $94,210 every year.

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8. Texas

Texas already employed more than 22,390 financial analysts. Here you can learn a lot, expand your knowledge and work your job in great working conditions. If you decide to move in Texas, your approximate annual salary will be $94,410.

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7. Maryland

Maryland is one of the most beautiful states, and it is offering great living as well as working conditions as well. In Maryland, more than 6,160 people are already working as financial analysts and they are earning more than $94,760 every year.

6. Illinois

There are a few reasons to move and work as a financial analyst in Illinois. More than 13,480 people are already working as financial analysts and they are earning about $96,000 every year. Despite great salary, you can also enjoy your life in the great conditions Illinois is offering.

5. Connecticut

Connecticut already employed 5,910 financial analysts. If you decide to move to Connecticut, you should know that your approximate annual salary will be around $100,250, which is more than enough to start packing your bags.

4. Massachusetts

In Massachusetts, not only you can live in great living as well as working conditions, but you can earn a lot. If you decide that Massachusetts is the perfect place for you to move, as a financial analyst, you will earn more than $105,130 every year.

3. Colorado

Colorado already employed more than 3,940 financial analysts, and they are earning huge amount of money every year. The approximate annual salary for a financial analyst is about $106,240 which is the perfect reason for you to move here.

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2. California

California is one of the most beautiful states, and despite great living as well as working conditions, you can also earn a lot. The approximate annual salary for a financial analyst is more than $107,010, so start packing your bags because California is waiting for you.

1. New York

Who doesn’t want to live in New York? Luckily as a financial analyst, you can find a job very easy and enjoy your big paycheck. You will get the chance to live and work in one of the 52 giant companies who already invested in New York, or in others who are streaming to invest as soon as possible. Despite working, you can enjoy living in the city that never sleeps.