Personal Financial Advisor Salary in New York, NY
2024 BLS OEWS Data · Finance · COL Index: 187.2
$168,350
Median Salary
$230,810
Mean Salary
$89,931
COL-Adjusted
28,950
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $75,690 | $40,433 |
| 25th Percentile | $102,850 | $54,941 |
| 50th Percentile (Median) | $168,350 | $89,931 |
| 75th Percentile | $293,270 | $156,661 |
| 90th Percentile (Top Earners) | $455,666 | $243,411 |
What Drives the Range
The $379,976 spread between the 10th and 90th percentiles for Personal Financial Advisor positions in New York, NY reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
New York, NY's cost-of-living index of 187.2 means that a $168,350 median salary here has the same purchasing power as $89,931 in an average-cost U.S. city. Despite the higher cost of living, this metro area offers a deep talent pool and typically higher total compensation when including equity and bonuses.