Business & Finance Waterbury, CT Pop. 114,403

Financial Advisor Salary in Waterbury, Connecticut

The median financial advisor salary in Waterbury, CT is $101,113 per year, which is 6.0% above the national median and 11.7% below the Connecticut state average.

City Median
$101,113
vs State Avg
$-13,355
vs National
+$5,723
Cost of Living
98%

Financial Advisor Salary in Waterbury by Experience

In Waterbury, an entry-level financial advisor earns around $50,880, while experienced professionals earn up to $190,800 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$50,880
+$2,880 vs national
Mid Level (3-7 yrs)
$100,700
+$5,700 vs national
Senior Level (8+ yrs)
$190,800
+$10,800 vs national

Salary Percentiles in Waterbury, CT

Percentile Waterbury
10th Percentile $47,064
25th Percentile $66,144
Median (50th) $101,113
75th Percentile $157,940
90th Percentile $253,340

Financial Advisor Salary in Other Connecticut Cities

How to Become a Financial Advisor in Waterbury

Education

Most financial advisor positions require a bachelor's degree. Waterbury 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 Waterbury may vary based on local industry and population growth.

Find Financial Advisor Jobs in Waterbury

Browse open financial advisor positions in Waterbury, CT:

Frequently Asked Questions: Financial Advisor Salary in Waterbury

How much does a Financial Advisor make in Waterbury, CT?
The median financial advisor salary in Waterbury, Connecticut is $101,113 per year, which is 6.0% above the national median of $95,390. Salaries range from $47,064 (10th percentile) to $253,340 (90th percentile).
How much does a Financial Advisor make per hour in Waterbury?
Based on the median annual salary of $101,113, a financial advisor in Waterbury earns approximately $49 per hour assuming a standard 2,080-hour work year.
How does Waterbury compare to the Connecticut state average for financial advisor pay?
Waterbury's median financial advisor salary of $101,113 is 11.7% below the Connecticut state average of $114,468. The local cost of living index is 98% of the national average.
What is the cost of living in Waterbury, CT?
Waterbury has a cost of living index of 98% compared to the national average. This means a financial advisor salary of $101,113 in Waterbury has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Waterbury?
Most financial advisor positions in Waterbury 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.