Financial and Investment Analysts in California
Considering working as a Financial and Investment Analysts in California? Here’s what you need to know. Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Excludes “Budget Analysts” (13-2031), “Financial Risk Specialists” (13-2054), and “Securities, Commodities, and Financial Services Sales Agents” (41-3031).
What do Financial and Investment Analysts Make in California?
For financial and investment analysts working in California, wages run about $111,100 per year (or roughly $53.41/hour).Pay can range from $70,590 at the 10th percentile to $201,440 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $70,590 | $33.94 |
| 25th percentile | $86,390 | $41.53 |
| Median (50th) | $111,100 | $53.41 |
| 75th percentile | $152,610 | $73.37 |
| 90th percentile | $201,440 | $96.85 |
The job concentration index in California nationwide is 1.02.
National Wage Comparison
Nationally, financial and investment analysts earn a median of $82,666 per year ($39.74/hour), above the California median.
Employment Outlook
Nationally, total employment in this occupation is 72,056 financial and investment analysts in the U.S.. In California alone, approximately 40,570 people work in this role. That puts the state above the typical state, which employs around 3,140 financial and investment analysts.
Top California Metros for Financial and Investment Analysts
These are the California metros with the most financial and investment analysts in California.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Los Angeles-Long Beach-Anaheim, CA | 14,390 | $102,660 |
| San Francisco-Oakland-Fremont, CA | 9,580 | $128,470 |
| San Jose-Sunnyvale-Santa Clara, CA | 4,740 | $134,470 |
| San Diego-Chula Vista-Carlsbad, CA | 3,390 | $102,940 |
| Sacramento-Roseville-Folsom, CA | 1,710 | $103,470 |
| Riverside-San Bernardino-Ontario, CA | 1,170 | $97,460 |
| Oxnard-Thousand Oaks-Ventura, CA | 470 | $102,090 |
| Santa Maria-Santa Barbara, CA | 410 | $94,990 |
| Fresno, CA | 310 | $90,630 |
| Bakersfield-Delano, CA | 210 | $98,900 |
| Santa Rosa-Petaluma, CA | 190 | $104,610 |
| Santa Cruz-Watsonville, CA | 160 | $83,490 |
| Modesto, CA | 140 | $102,340 |
| Stockton-Lodi, CA | 130 | $95,430 |
| San Luis Obispo-Paso Robles, CA | 120 | $103,830 |
| Visalia, CA | 100 | $96,000 |
| Chico, CA | 90 | $79,770 |
| Salinas, CA | 90 | $107,570 |
| Vallejo, CA | 90 | $104,400 |
| Merced, CA | 80 | $82,030 |
| Napa, CA | 50 | $103,820 |
| Redding, CA | 50 | $94,140 |
Top States for Financial and Investment Analysts Employment
The table below shows the states where the most financial and investment analysts work.
| State | Number Employed |
|---|---|
| New York | 47,130 |
| California | 40,570 |
| Texas | 26,940 |
| Florida | 21,690 |
| Massachusetts | 18,020 |
| Illinois | 17,950 |
| Pennsylvania | 12,220 |
| New Jersey | 11,100 |
| Georgia | 10,330 |
| North Carolina | 10,330 |
| Ohio | 9,290 |
| Colorado | 9,120 |
| Virginia | 8,870 |
| Michigan | 8,020 |
| Washington | 7,780 |
| Minnesota | 6,690 |
| Maryland | 6,190 |
| Wisconsin | 4,960 |
| Arizona | 4,910 |
| Connecticut | 4,870 |
Highest-Paying States for Financial and Investment Analysts
These states pay the most for financial and investment analysts.
| State | Annual Median Salary |
|---|---|
| Wyoming | $213,940 |
| New York | $126,580 |
| California | $111,100 |
| New Jersey | $109,380 |
| Oregon | $107,680 |
| Massachusetts | $107,610 |
| District of Columbia | $106,840 |
| Connecticut | $106,250 |
| Virginia | $104,030 |
| Minnesota | $102,800 |
Daily Tasks
Financial and Investment Analysts typically:
- Advise clients on aspects of capitalization, such as amounts, sources, or timing.
- Analyze financial or operational performance of companies facing financial difficulties to identify or recommend remedies.
- Assess companies as investments for clients by examining company facilities.
- Collaborate on projects with other professionals, such as lawyers, accountants, or public relations experts.
- Collaborate with investment bankers to attract new corporate clients.
- Conduct financial analyses related to investments in green construction or green retrofitting projects.
- Confer with clients to restructure debt, refinance debt, or raise new debt.
- Create client presentations of plan details.
- Determine the prices at which securities should be syndicated and offered to the public.
- Develop and maintain client relationships.
- Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
- Employ financial models to develop solutions to financial problems or to assess the financial or capital impact of transactions.
Tools & Technology
Common tools and software used in this occupation include: Hot technologies: Alteryx software, Apache Hive, Google Docs, IBM SPSS Statistics, Intuit QuickBooks In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Several college majors map to this occupation:
- Finance & Financial Management
- Accounting
- Applied Mathematics
- Data Analytics
Featured schools near , edit
Related Careers
Careers similar to financial and investment analysts include:
- Financial Managers
- Investment Fund Managers
- Management Analysts
- Market Research Analysts and Marketing Specialists
- Accountants and Auditors
- Credit Analysts
Also Known As
Accounting Analyst, Acquisition Analyst, Acquisition Specialist, Acquisitions Analyst, Acquisitions Consultant, Alternative Financing Specialist, Analyst, Bank Analyst, Banking Analyst, Bond Analyst, Brand Analyst, Chartered Financial Analyst (CFA), Commodity Analyst, Corporate Financial Analyst, Corporate Securities Research Analyst.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-2051.00