Business & Finance Rochester, NY Pop. 211,328

Financial Advisor Salary in Rochester, New York

The median financial advisor salary in Rochester, NY is $97,298 per year, which is 2.0% above the national median and 23.9% below the New York state average.

City Median
$97,298
vs State Avg
$-30,525
vs National
+$1,908
Cost of Living
90%

Financial Advisor Salary in Rochester by Experience

In Rochester, an entry-level financial advisor earns around $48,960, while experienced professionals earn up to $183,600 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$48,960
+$960 vs national
Mid Level (3-7 yrs)
$96,900
+$1,900 vs national
Senior Level (8+ yrs)
$183,600
+$3,600 vs national

Salary Percentiles in Rochester, NY

Percentile Rochester
10th Percentile $45,288
25th Percentile $63,648
Median (50th) $97,298
75th Percentile $151,980
90th Percentile $243,780

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
Buffalo, NY
$99,206
Pop. 278,349

How to Become a Financial Advisor in Rochester

Education

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

Find Financial Advisor Jobs in Rochester

Browse open financial advisor positions in Rochester, NY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Rochester

How much does a Financial Advisor make in Rochester, NY? ▼
The median financial advisor salary in Rochester, New York is $97,298 per year, which is 2.0% above the national median of $95,390. Salaries range from $45,288 (10th percentile) to $243,780 (90th percentile).
How much does a Financial Advisor make per hour in Rochester? ▼
Based on the median annual salary of $97,298, a financial advisor in Rochester earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Rochester compare to the New York state average for financial advisor pay? ▼
Rochester's median financial advisor salary of $97,298 is 23.9% below the New York state average of $127,823. The local cost of living index is 90% of the national average.
What is the cost of living in Rochester, NY? ▼
Rochester has a cost of living index of 90% compared to the national average. This means a financial advisor salary of $97,298 in Rochester has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Rochester? ▼
Most financial advisor positions in Rochester 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.