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 Pay in Cambridge: What to Expect (2026)
Cambridge offers a median financial advisor salary of $159,301, which is $23,847 above the Massachusetts state average of $135,454. Compared to the national median of $95,390, Cambridge pays above average for this role.
However, Cambridge's cost of living index is 160%, significantly above the national average. After adjusting for local costs, the $159,301 salary has an effective purchasing power of approximately $99,563. Housing, transportation, and food costs in Cambridge should be factored into any relocation or job-change decision.
The salary range for financial advisors in Cambridge spans from $74,148 at the 10th percentile to $399,130 at the 90th percentile — a $324,982 spread. Entry-level professionals start around $80,160, while senior financial advisors with 8+ years of experience can earn up to $300,600. With a population of 118,403, Cambridge is a mid-sized metro with a growing job market.
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.
Find Financial Advisor Jobs in Cambridge
Browse open financial advisor positions in Cambridge, MA: