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 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.
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.