Business & Finance Yonkers, NY Pop. 211,569

Financial Advisor Salary in Yonkers, New York

The median financial advisor salary in Yonkers, NY is $140,223 per year, which is 47.0% above the national median and 9.7% above the New York state average.

City Median
$140,223
vs State Avg
+$12,400
vs National
+$44,833
Cost of Living
135%

Financial Advisor Salary in Yonkers by Experience

In Yonkers, an entry-level financial advisor earns around $70,560, while experienced professionals earn up to $264,600 per year. The local cost of living index is 135% of the national average.

Entry Level (0-2 yrs)
$70,560
+$22,560 vs national
Mid Level (3-7 yrs)
$139,650
+$44,650 vs national
Senior Level (8+ yrs)
$264,600
+$84,600 vs national

Salary Percentiles in Yonkers, NY

Percentile Yonkers
10th Percentile $65,268
25th Percentile $91,728
Median (50th) $140,223
75th Percentile $219,030
90th Percentile $351,330

Financial Advisor Salary in Other New York Cities

How to Become a Financial Advisor in Yonkers

Education

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