Business & Finance Lowell, MA Pop. 115,554

Financial Advisor Salary in Lowell, Massachusetts

The median financial advisor salary in Lowell, MA is $106,837 per year, which is 12.0% above the national median and 21.1% below the Massachusetts state average.

City Median
$106,837
vs State Avg
$-28,617
vs National
+$11,447
Cost of Living
105%

Financial Advisor Salary in Lowell by Experience

In Lowell, an entry-level financial advisor earns around $53,760, while experienced professionals earn up to $201,600 per year. The local cost of living index is 105% of the national average.

Entry Level (0-2 yrs)
$53,760
+$5,760 vs national
Mid Level (3-7 yrs)
$106,400
+$11,400 vs national
Senior Level (8+ yrs)
$201,600
+$21,600 vs national

Salary Percentiles in Lowell, MA

Percentile Lowell
10th Percentile $49,728
25th Percentile $69,888
Median (50th) $106,837
75th Percentile $166,880
90th Percentile $267,680

Financial Advisor Salary in Other Massachusetts Cities

Cambridge, MA
$159,301
Pop. 118,403
Boston, MA
$151,670
Pop. 675,647
Worcester, MA
$111,606
Pop. 206,518
Springfield, MA
$100,160
Pop. 155,929

How to Become a Financial Advisor in Lowell

Education

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

Find Financial Advisor Jobs in Lowell

Browse open financial advisor positions in Lowell, MA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Lowell

How much does a Financial Advisor make in Lowell, MA? ▼
The median financial advisor salary in Lowell, Massachusetts is $106,837 per year, which is 12.0% above the national median of $95,390. Salaries range from $49,728 (10th percentile) to $267,680 (90th percentile).
How much does a Financial Advisor make per hour in Lowell? ▼
Based on the median annual salary of $106,837, a financial advisor in Lowell earns approximately $51 per hour assuming a standard 2,080-hour work year.
How does Lowell compare to the Massachusetts state average for financial advisor pay? ▼
Lowell's median financial advisor salary of $106,837 is 21.1% below the Massachusetts state average of $135,454. The local cost of living index is 105% of the national average.
What is the cost of living in Lowell, MA? ▼
Lowell has a cost of living index of 105% compared to the national average. This means a financial advisor salary of $106,837 in Lowell has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Lowell? ▼
Most financial advisor positions in Lowell 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.