Financial Advisor Salary in New York
The median financial advisor salary in New York is $127,823 per year, which is 34.0% above the national median of $95,390.
Financial Advisor Salary Overview in New York (2026)
New York ranks #4 out of 50 states for financial advisor compensation. This places New York in the top tier nationally, making it one of the best states for financial advisors seeking high pay. At $127,823 per year, financial advisors in New York earn $32,433 more than the national median of $95,390.
It's worth noting that New York's cost of living is 122% of the national average, which reduces the real purchasing power of the $127,823 salary. After adjusting for cost of living, the effective salary is closer to $104,773.
The salary spread in New York is significant: financial advisors at the 10th percentile earn $59,496, while those at the 90th percentile bring home $320,260 — a $260,764 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in New York for this role is New York City, where the median reaches $189,826.
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in New York and beyond.
Financial Advisor Salary in New York by Experience
In New York, an entry-level financial advisor earns around $64,320, while experienced professionals earn up to $241,200 per year. The cost of living index in New York is 122% of the national average.
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View Offers You Qualify For →Salary Percentiles in New York
| Percentile | NY Salary |
|---|---|
| 10th Percentile | $59,496 |
| 25th Percentile | $83,616 |
| Median (50th) | $127,823 |
| 75th Percentile | $199,660 |
| 90th Percentile | $320,260 |
Financial Advisor Salary by City in New York
The largest employment areas for financial advisors in New York include New York City, Buffalo, Rochester, and Yonkers. Salaries vary by city based on local cost of living and demand.
How to Become a Financial Advisor in New York
Education
Most financial advisor positions require a bachelor's degree. New York has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in New York
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). New York's demand may vary based on local industry trends.
Negotiate Your Way to Senior Pay
Data shows Financial Advisors who negotiate earn 7–15% more. A single negotiation could add $113,377 over your career trajectory.
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