Financial Advisor Salary in Cambridge, Massachusetts
The median financial advisor salary in Cambridge, MA is $159,301 per year, which is 67.0% above the national median and 17.6% above the Massachusetts state average.
Financial Advisor Salary in Cambridge by Experience
In Cambridge, an entry-level financial advisor earns around $80,160, while experienced professionals earn up to $300,600 per year. The local cost of living index is 160% of the national average.
Salary Percentiles in Cambridge, MA
| Percentile | Cambridge |
|---|---|
| 10th Percentile | $74,148 |
| 25th Percentile | $104,208 |
| Median (50th) | $159,301 |
| 75th Percentile | $248,830 |
| 90th Percentile | $399,130 |
Financial Advisor Salary in Other Massachusetts Cities
How to Become a Financial Advisor in Cambridge
Education
Most financial advisor positions require a bachelor's degree. Cambridge 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 Cambridge may vary based on local industry and population growth.