Business & Finance Springfield, MA Pop. 155,929

Financial Advisor Salary in Springfield, Massachusetts

The median financial advisor salary in Springfield, MA is $100,160 per year, which is 5.0% above the national median and 26.1% below the Massachusetts state average.

City Median
$100,160
vs State Avg
$-35,294
vs National
+$4,770
Cost of Living
98%

Financial Advisor Salary in Springfield by Experience

In Springfield, an entry-level financial advisor earns around $50,400, while experienced professionals earn up to $189,000 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$50,400
+$2,400 vs national
Mid Level (3-7 yrs)
$99,750
+$4,750 vs national
Senior Level (8+ yrs)
$189,000
+$9,000 vs national

Salary Percentiles in Springfield, MA

Percentile Springfield
10th Percentile $46,620
25th Percentile $65,520
Median (50th) $100,160
75th Percentile $156,450
90th Percentile $250,950

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
Lowell, MA
$106,837
Pop. 115,554

How to Become a Financial Advisor in Springfield

Education

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

Find Financial Advisor Jobs in Springfield

Browse open financial advisor positions in Springfield, MA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Springfield

How much does a Financial Advisor make in Springfield, MA? ▼
The median financial advisor salary in Springfield, Massachusetts is $100,160 per year, which is 5.0% above the national median of $95,390. Salaries range from $46,620 (10th percentile) to $250,950 (90th percentile).
How much does a Financial Advisor make per hour in Springfield? ▼
Based on the median annual salary of $100,160, a financial advisor in Springfield earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Springfield compare to the Massachusetts state average for financial advisor pay? ▼
Springfield's median financial advisor salary of $100,160 is 26.1% below the Massachusetts state average of $135,454. The local cost of living index is 98% of the national average.
What is the cost of living in Springfield, MA? ▼
Springfield has a cost of living index of 98% compared to the national average. This means a financial advisor salary of $100,160 in Springfield has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Springfield? ▼
Most financial advisor positions in Springfield 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.