The Miami-Fort Lauderdale-West Palm Beach metro has 8,390 personal financial advisors, a location quotient of 1.73. Their $125,670 median is about 20% above the U.S. median of $105,070, the fifth-highest of the 29 metros on our financial services pages, behind New York, San Francisco, San Diego and Boston.
Large investment firms have chosen Miami too. Citadel and Citadel Securities announced in June 2022 that their global headquarters would move from Chicago to Miami, and Brickell remains the core of the city's banking, investment and finance work.
Compliance is the other deep pool: 10,530 compliance officers, an LQ of 1.39, at a $79,770 median close to the U.S. figure. That gives banks, broker-dealers and advisory firms a local bench for regulatory and anti-money-laundering roles. A compliance officer search here rarely needs to start out of state.