Business & Finance Buffalo, NY Pop. 278,349

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

New York City, NY
$189,826
Pop. 8,336,817
Yonkers, NY
$140,223
Pop. 211,569
Albany, NY
$104,929
Pop. 99,224
Rochester, NY
$97,298
Pop. 211,328

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.

Find Financial Advisor Jobs in Buffalo

Browse open financial advisor positions in Buffalo, NY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Buffalo

How much does a Financial Advisor make in Buffalo, NY? ▼
The median financial advisor salary in Buffalo, New York is $99,206 per year, which is 4.0% above the national median of $95,390. Salaries range from $46,176 (10th percentile) to $248,560 (90th percentile).
How much does a Financial Advisor make per hour in Buffalo? ▼
Based on the median annual salary of $99,206, a financial advisor in Buffalo earns approximately $48 per hour assuming a standard 2,080-hour work year.
How does Buffalo compare to the New York state average for financial advisor pay? ▼
Buffalo's median financial advisor salary of $99,206 is 22.4% below the New York state average of $127,823. The local cost of living index is 92% of the national average.
What is the cost of living in Buffalo, NY? ▼
Buffalo has a cost of living index of 92% compared to the national average. This means a financial advisor salary of $99,206 in Buffalo has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Buffalo? ▼
Most financial advisor positions in Buffalo 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.