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

New York City, NY
$189,826
Pop. 8,336,817
Albany, NY
$104,929
Pop. 99,224
Buffalo, NY
$99,206
Pop. 278,349
Rochester, NY
$97,298
Pop. 211,328

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.

Find Financial Advisor Jobs in Yonkers

Browse open financial advisor positions in Yonkers, NY:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Yonkers

How much does a Financial Advisor make in Yonkers, NY? ▼
The median financial advisor salary in Yonkers, New York is $140,223 per year, which is 47.0% above the national median of $95,390. Salaries range from $65,268 (10th percentile) to $351,330 (90th percentile).
How much does a Financial Advisor make per hour in Yonkers? ▼
Based on the median annual salary of $140,223, a financial advisor in Yonkers earns approximately $67 per hour assuming a standard 2,080-hour work year.
How does Yonkers compare to the New York state average for financial advisor pay? ▼
Yonkers's median financial advisor salary of $140,223 is 9.7% above the New York state average of $127,823. The local cost of living index is 135% of the national average.
What is the cost of living in Yonkers, NY? ▼
Yonkers has a cost of living index of 135% compared to the national average. This means a financial advisor salary of $140,223 in Yonkers has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Yonkers? ▼
Most financial advisor positions in Yonkers 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.