What is the average Financial Advisor salary in New York, NY?
Financial Advisors in New York earn a median of $127,500 per year — about 28% above the national average. Pay ranges from $91,800 (25th percentile) to $197,600 (90th percentile).
Financial Advisor salary by experience level
How New York pay compares
Cost-of-living adjusted is the New York salary translated into equivalent purchasing power vs the US average (COL index 100). Useful for comparing offers across cities.
5-year salary trend
Trend extrapolated from BLS May 2024 BLS OEWS OEWS data using the latest year-over-year growth rate of 4.7%.
Financial Advisor job market in New York
New York hosts the country's largest concentration of finance, media, advertising and tech jobs. Salaries trend 25–40% above the national average but cost of living offsets much of the premium.
An estimated 29,200 financial advisors work in the New York metro. Daily responsibilities typically include:
- Meet with clients
- Build financial plans
- Review portfolios
- Research investment options
- Maintain client records
Related job salaries in New York
Financial Advisor salary in other cities
FAQ
How much does a Financial Advisor make in New York, NY?+
Financial Advisors in New York earn a median of $127,500 per year — about 28% above the national average of $99,580.
What's the entry-level Financial Advisor salary in New York?+
Entry-level Financial Advisors in New York typically earn around $82,900 per year. Salaries scale to about $184,900 at the senior level with 8+ years of experience.
Is $127,500 a good Financial Advisor salary in New York?+
$127,500 is the median, meaning half of Financial Advisors in New York earn more and half earn less. Adjusted for the city's cost-of-living index of 187, that's roughly $68,200 in nationally-equivalent purchasing power.
How fast is Financial Advisor pay growing in New York?+
Financial Advisor salaries in New York grew about 4.7% year-over-year in the latest BLS data. The 10-year national outlook for this role is +13%.
Where do Financial Advisors in New York get paid the most?+
The 90th percentile Financial Advisor salary in New York is around $197,600. These typically include senior, lead, or specialist roles at major employers.
Are you being paid fairly in New York?
Run a free comparison against BLS data — see if your salary is below, at, or above the New York median.
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