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

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.