Business & Finance Pawtucket, RI Pop. 75,604

Financial Advisor Salary in Pawtucket, Rhode Island

The median financial advisor salary in Pawtucket, RI is $93,482 per year, which is 2% below the national median and 8.4% below the Rhode Island state average.

City Median
$93,482
vs State Avg
$-8,585
vs National
$-1,908
Cost of Living
96%

Financial Advisor Salary in Pawtucket by Experience

In Pawtucket, an entry-level financial advisor earns around $47,040, while experienced professionals earn up to $176,400 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$47,040
$-960 vs national
Mid Level (3-7 yrs)
$93,100
$-1,900 vs national
Senior Level (8+ yrs)
$176,400
$-3,600 vs national

Salary Percentiles in Pawtucket, RI

Percentile Pawtucket
10th Percentile $43,512
25th Percentile $61,152
Median (50th) $93,482
75th Percentile $146,020
90th Percentile $234,220

Financial Advisor Salary in Other Rhode Island Cities

How to Become a Financial Advisor in Pawtucket

Education

Most financial advisor positions require a bachelor's degree. Pawtucket and the surrounding Rhode Island 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 Pawtucket may vary based on local industry and population growth.

Find Financial Advisor Jobs in Pawtucket

Browse open financial advisor positions in Pawtucket, RI:

Frequently Asked Questions: Financial Advisor Salary in Pawtucket

How much does a Financial Advisor make in Pawtucket, RI?
The median financial advisor salary in Pawtucket, Rhode Island is $93,482 per year, which is 2% below the national median of $95,390. Salaries range from $43,512 (10th percentile) to $234,220 (90th percentile).
How much does a Financial Advisor make per hour in Pawtucket?
Based on the median annual salary of $93,482, a financial advisor in Pawtucket earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Pawtucket compare to the Rhode Island state average for financial advisor pay?
Pawtucket's median financial advisor salary of $93,482 is 8.4% below the Rhode Island state average of $102,067. The local cost of living index is 96% of the national average.
What is the cost of living in Pawtucket, RI?
Pawtucket has a cost of living index of 96% compared to the national average. This means a financial advisor salary of $93,482 in Pawtucket has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Pawtucket?
Most financial advisor positions in Pawtucket 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.