Personal Financial Advisors Salary in Massachusetts
Personal Financial Advisors in Massachusetts earn a median annual wage of $125,670 —19.6% above the national median of $105,070. That ranks MA #6 of 49 covered states and territories for this occupation.
Wage distribution
How earnings are spread across workers in this occupation, from the 10th to the 90th percentile.
Highest-paying states for personal financial advisors
All 49 states ranked by median annual wage. Massachusetts is highlighted.
| # | State | Median annual | Median hourly | Employment | Location quotient |
|---|---|---|---|---|---|
| 1 | New York | $166,400 | $80.00 | 21,550 | 1.30 |
| 2 | New Jersey | $158,570 | $76.24 | 9,300 | 1.27 |
| 3 | California | $130,330 | $62.66 | 32,200 | 1.03 |
| 4 | Connecticut | $129,720 | $62.36 | — | — |
| 5 | South Dakota | $128,720 | $61.89 | 620 | 0.79 |
| 6 | Massachusetts | $125,670 | $60.42 | — | — |
| 7 | Delaware | $125,050 | $60.12 | — | — |
| 8 | Oregon | $122,830 | $59.05 | 3,070 | 0.91 |
| 9 | Illinois | $120,130 | $57.75 | 9,760 | 0.93 |
| 10 | Wisconsin | $119,430 | $57.42 | 5,200 | 1.03 |
Related occupations in Massachusetts
Occupations in the same job family, compared within Massachusetts.
| Occupation | Massachusetts median | U.S. median |
|---|---|---|
| Accountants and Auditors | $99,460 | $83,680 |
| Business Operations Specialists, All Other | $93,270 | $83,050 |
| Project Management Specialists | $114,190 | $102,320 |
| Human Resources Specialists | $85,630 | $75,940 |
| Market Research Analysts and Marketing Specialists | $101,810 | $78,760 |
| Management Analysts | $134,720 | $101,860 |
Frequently asked questions
How much do personal financial advisors make in Massachusetts?
The median annual wage for personal financial advisors in Massachusetts is $125,670, or $60.42 per hour. That is 19.6% above the national median of $105,070.
What is the entry-level personal financial advisors salary in Massachusetts?
Workers at the 10th percentile earn $58,510 per year ($28.13/hour). The 25th percentile is $83,810.
How many people work as personal financial advisors in Massachusetts?
About — people work in this occupation in Massachusetts.
Is Massachusetts a good state for personal financial advisors?
Massachusetts ranks #6 of 49 states by median wage for this occupation.
Which state pays personal financial advisors the most?
New York has the highest median wage at $166,400 per year, followed by New Jersey ($158,570) and California ($130,330).