Business & Finance New Haven, CT Pop. 134,023

Financial Advisor Salary in New Haven, Connecticut

The median financial advisor salary in New Haven, CT is $112,560 per year, which is 18.0% above the national median and 1.7% below the Connecticut state average.

City Median
$112,560
vs State Avg
$-1,908
vs National
+$17,170
Cost of Living
110%

Financial Advisor Salary in New Haven by Experience

In New Haven, an entry-level financial advisor earns around $56,640, while experienced professionals earn up to $212,400 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$56,640
+$8,640 vs national
Mid Level (3-7 yrs)
$112,100
+$17,100 vs national
Senior Level (8+ yrs)
$212,400
+$32,400 vs national

Salary Percentiles in New Haven, CT

Percentile New Haven
10th Percentile $52,392
25th Percentile $73,632
Median (50th) $112,560
75th Percentile $175,820
90th Percentile $282,020

Financial Advisor Salary in Other Connecticut Cities

How to Become a Financial Advisor in New Haven

Education

Most financial advisor positions require a bachelor's degree. New Haven and the surrounding Connecticut area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in New Haven may vary based on local industry and population growth.

Find Financial Advisor Jobs in New Haven

Browse open financial advisor positions in New Haven, CT:

Frequently Asked Questions: Financial Advisor Salary in New Haven

How much does a Financial Advisor make in New Haven, CT?
The median financial advisor salary in New Haven, Connecticut is $112,560 per year, which is 18.0% above the national median of $95,390. Salaries range from $52,392 (10th percentile) to $282,020 (90th percentile).
How much does a Financial Advisor make per hour in New Haven?
Based on the median annual salary of $112,560, a financial advisor in New Haven earns approximately $54 per hour assuming a standard 2,080-hour work year.
How does New Haven compare to the Connecticut state average for financial advisor pay?
New Haven's median financial advisor salary of $112,560 is 1.7% below the Connecticut state average of $114,468. The local cost of living index is 110% of the national average.
What is the cost of living in New Haven, CT?
New Haven has a cost of living index of 110% compared to the national average. This means a financial advisor salary of $112,560 in New Haven has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in New Haven?
Most financial advisor positions in New Haven require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.