Business & Finance Buffalo, NY
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Financial Advisor Salary in Buffalo, New York
The median financial advisor salary in Buffalo, NY is $99,206 per year, which is 4.0% above the national median and 22.4% below the New York state average.
City Median
$99,206
vs State Avg
$-28,617
vs National
+$3,816
Cost of Living
92%
Financial Advisor Salary in Buffalo by Experience
In Buffalo, an entry-level financial advisor earns around $49,920, while experienced professionals earn up to $187,200 per year. The local cost of living index is 92% of the national average.
Entry Level (0-2 yrs)
$49,920
+$1,920 vs national
Mid Level (3-7 yrs)
$98,800
+$3,800 vs national
Senior Level (8+ yrs)
$187,200
+$7,200 vs national
Salary Percentiles in Buffalo, NY
| Percentile | Buffalo |
|---|---|
| 10th Percentile | $46,176 |
| 25th Percentile | $64,896 |
| Median (50th) | $99,206 |
| 75th Percentile | $154,960 |
| 90th Percentile | $248,560 |
Financial Advisor Salary in Other New York Cities
How to Become a Financial Advisor in Buffalo
Education
Most financial advisor positions require a bachelor's degree. Buffalo and the surrounding New York 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 Buffalo may vary based on local industry and population growth.