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Financial advisor salary in New York

Updated October 30, 2026. Based on U.S. Bureau of Labor Statistics data. Published by Humblebee.

$166,400median pay per year in New York, or $80.00 an hour, May 2025[1]
  1. $76,190lowest 10% earn less
  2. $102,08025th percentile
  3. $166,400median
  4. $282,05075th percentile
  5. $427,700top 10% earn more
Middle half of workers in the inner band[2]US median for this job, $105,070[3]

The median pay for financial advisors in New York was $166,400 a year in May 2025[1]. That is the highest median of any state with a published figure[5].

Jobs in NY
21,550[4]
Rank by median pay
1 of 49[5]
Compared with US median
+58.4%[6]

How much do financial advisors make in New York?

Half of the financial advisors in New York earned more than $166,400 a year, and half earned less[1]. That works out to $80.00 an hour[1]. The average was higher, at $210,310 a year[7].

Across the US, the median for financial advisors was $105,070[3]. New York was $61,330 (58.4%) higher[6]. For all jobs in the state, the median was $59,670, so financial advisors in New York had a median $106,730 higher[8][9].

Pay varies a lot within the job. The lowest-paid 10% earned less than $76,190, and the highest-paid 10% earned more than $427,700[2]. Among metro areas, New York-Newark-Jersey City had the highest median, $170,050[10]. Rochester was at $101,150 and Buffalo-Cheektowaga at $103,650[11]. These figures cover wage and salary workers only. OEWS leaves out the self-employed and owners of unincorporated firms, and it does not count nonproduction bonuses or the cost of benefits[12].

New York vs US pay

Pay for financial advisors in New York next to the national figures[1][3].

NYUS
Median per year$166,400[1]$105,070[3]
Median per hour$80.00[1]$50.51[3]
Lowest 10% earn less than$76,190[2]$50,190[13]
Top 10% earn more than$427,700[2]$357,020[13]
Jobs21,550[4]266,800[3]

Pay by metro area in New York

Metro areas in New York with the most jobs for financial advisors, and the median pay in each[11]. A metro area that crosses state lines is counted as a whole.

Metro areaMedian per yearJobs
New York-Newark-Jersey City, NY-NJ[11]$170,05023,980
Rochester, NY$101,150820
Buffalo-Cheektowaga, NY$103,650690
Albany-Schenectady-Troy, NY$124,610680
Kiryas Joel-Poughkeepsie-Newburgh, NY$114,110260
Syracuse, NY$126,430240
Binghamton, NY$103,590100
Utica-Rome, NY$123,28090

Pay in nearby states

Median pay for financial advisors in the states that border New York, highest first[14].

StateMedian per yearJobs
New Jersey[14]$158,5709,300
Connecticut$129,720n/a
Massachusetts$125,670n/a
Vermont$110,020520
Pennsylvania$105,20012,200

Median pay for financial advisors in every state

Job outlook and training

Across the US, jobs for financial advisors are projected to grow 1.4% from 2025 to 2035[15]. BLS does not publish this projection by state. The typical education for entry is: bachelor's degree[16].

How to become one: steps, training and duties

Frequently asked questions

How much does a financial advisor make in New York?
The median was $166,400 a year in May 2025, and the average was $210,310[1][7]. The lowest-paid 10% earned less than $76,190[2].
How much does a financial advisor make an hour in New York?
The median was $80.00 an hour[1]. The 10th percentile hourly wage was $36.63 and the 90th was $205.62[17].
Which city in New York pays financial advisors the most?
New York-Newark-Jersey City had the highest median of the metro areas with a published figure, at $170,050 a year[10].
Is New York a good state for financial advisors?
New York had the 1st highest median annual wage for financial advisors among the 48 states and DC with a published median[5]. Its median was $61,330 above the US median[6].
What do you need to become a financial advisor in New York?
This is a US figure, not a New York one. Across the US, the typical entry education is a Bachelor's degree, with no work experience in a related job needed[16].

Facts and sources

  1. BLS OEWS, May 2025: the median wage for Personal Financial Advisors in New York was $166,400 per year and $80.00 per hour. Half of these workers earned more and half earned less. BLS OEWS, May 2025
  2. BLS OEWS, May 2025, annual wage percentiles for Personal Financial Advisors in New York: 10th percentile $76,190, 25th percentile $102,080, 75th percentile $282,050, 90th percentile $427,700. The 10th percentile means 10% of workers earned less, the 90th means 10% earned more. BLS OEWS, May 2025
  3. BLS OEWS, May 2025: the median wage for Personal Financial Advisors in the US as a whole was $105,070 per year and $50.51 per hour, with about 266,800 jobs nationwide. BLS OEWS, May 2025
  4. BLS OEWS, May 2025: about 21,550 people worked as Personal Financial Advisors in New York (wage and salary jobs, not counting self-employed workers). BLS OEWS, May 2025
  5. BLS OEWS, May 2025: New York had the 1st highest median annual wage for Personal Financial Advisors out of the 48 states and DC with a published median (the highest of all). BLS OEWS, May 2025
  6. CareerFacts calculation from BLS OEWS, May 2025: the median annual wage for Personal Financial Advisors in New York ($166,400) was $61,330 (58.4%) higher than the US median ($105,070). BLS OEWS, May 2025
  7. BLS OEWS, May 2025: the mean (average) wage for Personal Financial Advisors in New York was $210,310 per year and $101.11 per hour. BLS OEWS, May 2025
  8. BLS OEWS, May 2025: the median annual wage for all occupations in New York was $59,670. BLS OEWS, May 2025
  9. CareerFacts calculation from BLS OEWS, May 2025: the median annual wage for Personal Financial Advisors in New York was $106,730 higher than the median for all occupations in the state ($59,670). BLS OEWS, May 2025
  10. BLS OEWS, May 2025: of the 9 metro areas in or partly in New York with a published median for Personal Financial Advisors, New York-Newark-Jersey City, NY-NJ had the highest median annual wage, $170,050. BLS OEWS, May 2025
  11. Metro areas with the most jobs in this occupation, with median annual wage, May 2025 (table on this page). BLS OEWS, May 2025
  12. BLS OEWS FAQ: OEWS covers part-time and full-time workers paid a wage or salary. It does not cover the self-employed, owners and partners in unincorporated firms, household workers or unpaid family workers. OEWS wages do not include nonproduction bonuses or employer costs of benefits such as health insurance or retirement contributions. BLS OEWS, May 2025
  13. BLS OEWS, May 2025, annual wage percentiles for Personal Financial Advisors in the US: 10th percentile $50,190, 25th percentile $72,440, 75th percentile $176,790, 90th percentile $357,020. BLS OEWS, May 2025
  14. BLS OEWS, May 2025, median annual wage for Personal Financial Advisors in states that border New York (highest first): New Jersey $158,570; Connecticut $129,720; Massachusetts $125,670; Vermont $110,020; Pennsylvania $105,200. BLS OEWS, May 2025
  15. BLS Employment Projections (US, not by state): employment of Personal Financial Advisors is projected to grow 1.4% nationwide from 2025 to 2035, with about 17,100 openings a year on average. All occupations are projected to grow 3.5%. BLS Employment Projections
  16. BLS Employment Projections (US, not by state), typical path into Personal Financial Advisors: education needed for entry: Bachelor's degree; work experience in a related occupation: None; typical on-the-job training: Long-term on-the-job training. BLS Employment Projections
  17. BLS OEWS, May 2025, hourly wage percentiles for Personal Financial Advisors in New York: 10th percentile $36.63, 25th percentile $49.08, 75th percentile $135.60, 90th percentile $205.62. BLS OEWS, May 2025

State figures cover only New York. Job outlook and entry requirements are national (US) figures: BLS does not publish them by state in our sources. Figures labelled “CareerFacts calculation” are simple differences between the BLS numbers shown.