Personal Financial Advisor Salary in New York
Based on 22K+ workers in New York
Median Annual Salary (NY)
$166,400
$80.00/hr
vs National Average
$99,081
+67.9% vs national median
Salary Range (10th–90th)
$76K – $428K
22K employed in New York
The Personal Financial Advisor salary in New York reflects a highly competitive market, with a median income of $166,400 annually. This figure significantly outpaces the national average, standing 68% higher. Currently, there are approximately 21,550 Personal Financial Advisors employed within the state, indicating a substantial demand for these services.
Several factors contribute to the wide salary range of $76,190 to $427,700 for Personal Financial Advisors in New York. These include years of experience, specific certifications, client base size and asset under management, and the type of firm (e.g., large institutions versus independent practices). Performance-based bonuses and commission structures also play a crucial role in overall compensation.
Salary Distribution — Personal Financial Advisor in New York
| Percentile | Annual Salary |
|---|---|
| 10th percentile | $76,190 |
| 25th percentile | $102,080 |
| Median (50th percentile) | $166,400 |
| 75th percentile | $282,050 |
| 90th percentile | $427,700 |
Top-Paying Industries for Personal Financial Advisor (U.S.)
Which industries pay Personal Financial Advisors the most — nationwide figures (industry-level data is not available by state). Personal Financial Advisors in New York tend to follow these industry patterns.
| Industry (U.S.) | Median Salary | Employed (U.S.) |
|---|---|---|
| Administrative and Support Services | $137,810 | — |
| Finance and Insurance | $106,810 | 248K |
| Professional, Scientific, and Technical Services | $99,320 | 9K |
| Management of Companies and Enterprises | $95,570 | 5K |
| Government (excl. schools, hospitals & USPS) | $76,940 | 310 |
Source: U.S. BLS OEWS National Industry-Specific estimates, May 2025. National figures (not state-specific).
Historical Salary Trend — Personal Financial Advisor in New York vs National
| Year | Median Salary (New York) |
|---|---|
| 2022 | $167,000 |
| 2023 | $161,760 |
| 2024 | $167,970 |
| 2025 | $166,400 |
| 2026 (projected) | $166,400 |
The latest year is a projection based on recent wage trends — BLS has not yet released that year’s data.
| Year | New York Median | National Median |
|---|---|---|
| 2022 | $167,000 | $87,555 |
| 2023 | $161,760 | $92,738 |
| 2024 | $167,970 | $95,571 |
| 2025 | $166,400 | $99,081 |
| 2026 (projected) | $166,400 | $99,081 |
Personal Financial Advisor Salary by Experience Level in New York
| Experience Level | Years | Median Annual Salary |
|---|---|---|
| Junior | 0-2 yrs | $102,080 |
| Mid-level | 3-5 yrs | $166,400 |
| Senior | 6-9 yrs | $282,050 |
| Staff / Lead | 10+ yrs | $427,700 |
Personal Financial Advisor Salary in Other States
Related Personal Financial Advisor Salaries in New York
How other high-demand occupations in New York compare to Personal Financial Advisor ($166,400 median).
| Occupation | Median Salary | vs Personal Financial Advisor | Hourly |
|---|---|---|---|
| Financial Manager in NY | $219,880 | +32.1% | $105.71/hr |
| Securities Sales Agent in NY | $168,340 | +1.2% | $80.93/hr |
| Actuary in NY | $156,480 | -6.0% | $75.23/hr |
| Economist in NY | $136,660 | -17.9% | $65.70/hr |
| Credit Analyst in NY | $133,270 | -19.9% | $64.07/hr |
| Financial Examiner in NY | $128,920 | -22.5% | $61.98/hr |
| Financial Analyst in NY | $127,930 | -23.1% | $61.50/hr |
| Tax Examiner in NY | $107,490 | -35.4% | $51.68/hr |
| Accountant in NY | $102,640 | -38.3% | $49.35/hr |
| Loan Officer in NY | $95,710 | -42.5% | $46.01/hr |
| Compliance Officer in NY | $90,080 | -45.9% | $43.31/hr |
| Budget Analyst in NY | $88,540 | -46.8% | $42.57/hr |
Frequently Asked Questions
How much does a Personal Financial Advisor make in New York?
- The median salary for a Personal Financial Advisor in New York is $166,400 per year, which equates to approximately $80 per hour. This reflects a significant premium compared to the national average, being 67.9% higher.
What is the salary range for Personal Financial Advisors in New York?
- In New York, Personal Financial Advisors can expect to earn within a broad range, from $76,190 on the lower end to as high as $427,700 annually. This wide spread highlights the variation in experience and client base within the profession.
How does the average Personal Financial Advisor salary in New York compare to the rest of the US?
- Personal Financial Advisors in New York earn substantially more than their national counterparts. The median salary of $166,400 annually is 67.9% higher than the national average.
How many Personal Financial Advisors are employed in New York?
- New York is a significant hub for financial advisory roles, with a total of 21,550 Personal Financial Advisors employed in the state. This large number of professionals contributes to the competitive landscape and potential for high earnings.