Financial Advisor Salary in Boston, Massachusetts
The median financial advisor salary in Boston, MA is $151,670 per year, which is 59.0% above the national median and 12.0% above the Massachusetts state average.
Financial Advisor Pay in Boston: What to Expect (2026)
Boston offers a median financial advisor salary of $151,670, which is $16,216 above the Massachusetts state average of $135,454. Compared to the national median of $95,390, Boston pays above average for this role.
However, Boston's cost of living index is 152%, significantly above the national average. After adjusting for local costs, the $151,670 salary has an effective purchasing power of approximately $99,783. Housing, transportation, and food costs in Boston should be factored into any relocation or job-change decision.
The salary range for financial advisors in Boston spans from $70,596 at the 10th percentile to $380,010 at the 90th percentile — a $309,414 spread. Entry-level professionals start around $76,320, while senior financial advisors with 8+ years of experience can earn up to $286,200. As a major metro area with a population of 675,647, Boston typically offers more job opportunities and employer competition, which can drive salaries higher.
Financial Advisor Salary in Boston by Experience
In Boston, an entry-level financial advisor earns around $76,320, while experienced professionals earn up to $286,200 per year. The local cost of living index is 152% of the national average.
Salary Percentiles in Boston, MA
| Percentile | Boston |
|---|---|
| 10th Percentile | $70,596 |
| 25th Percentile | $99,216 |
| Median (50th) | $151,670 |
| 75th Percentile | $236,910 |
| 90th Percentile | $380,010 |
Financial Advisor Salary in Other Massachusetts Cities
How to Become a Financial Advisor in Boston
Education
Most financial advisor positions require a bachelor's degree. Boston and the surrounding Massachusetts area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Boston may vary based on local industry and population growth.
Find Financial Advisor Jobs in Boston
Browse open financial advisor positions in Boston, MA: