Business & Finance Worcester, MA Pop. 206,518

Financial Advisor Salary in Worcester, Massachusetts

The median financial advisor salary in Worcester, MA is $111,606 per year, which is 17.0% above the national median and 17.6% below the Massachusetts state average.

City Median
$111,606
vs State Avg
$-23,848
vs National
+$16,216
Cost of Living
110%

Financial Advisor Salary in Worcester by Experience

In Worcester, an entry-level financial advisor earns around $56,160, while experienced professionals earn up to $210,600 per year. The local cost of living index is 110% of the national average.

Entry Level (0-2 yrs)
$56,160
+$8,160 vs national
Mid Level (3-7 yrs)
$111,150
+$16,150 vs national
Senior Level (8+ yrs)
$210,600
+$30,600 vs national

Salary Percentiles in Worcester, MA

Percentile Worcester
10th Percentile $51,948
25th Percentile $73,008
Median (50th) $111,606
75th Percentile $174,330
90th Percentile $279,630

Financial Advisor Salary in Other Massachusetts Cities

How to Become a Financial Advisor in Worcester

Education

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