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.