Personal Financial Advisor Salary Information in New York

The average annual and hourly salaries for personal financial advisors in the state of New York are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of personal financial advisors among New York areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2014 and published in May 2015 [1].

Table 1 & 2. Annual & Hourly Salary of Personal Financial Advisors in New York

Percentile BracketAverage Annual Salary
90th Percentile Wage
No Data
75th Percentile Wage
$185,030
50th Percentile Wage
$113,640
25th Percentile Wage
$74,920
10th Percentile Wage
$47,580

Table 1 shows the average annual salary for personal financial advisors in New York in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $185,030. The median (50th percentile) annual salary is $113,640. The average annual salary for the bottom 10 percent is $47,580.

Percentile BracketAverage Hourly Salary
90th Percentile Wage
No Data
75th Percentile Wage
$88.96
50th Percentile Wage
$54.63
25th Percentile Wage
$36.02
10th Percentile Wage
$22.88

Table 2 shows the average hourly salary for personal financial advisors in New York in 5 percentile scales. The average hourly salary for the 75th percentile wage is $88.96. The median hourly salary is $54.63. The average hourly salary for the bottom 10 percent is $22.88.

Table 3. Salary Trend

YearAverage Annual SalaryGrowth (%)
2014 $113,640 2.48%
2013 $110,890 13.03%
2012 $98,110 -9.23%
2011 $108,090 -1.68%
2010 $109,940 -

Table 3 shows the salary trend for personal financial advisors in state of New York from 2010 to 2014. We note that from 2010 to 2014 the average salary has increased by 3.37%. We note that in 2013 the average salary increased by 13.03%. We also see in both 2011 and 2012 the salaries had negtive growth.

Table 4. Average Personal Financial Advisor Wage in New York vs. Related Jobs

OccupationAverage Wage
Personal Financial Advisors
$113,640
Insurance Underwriters
$78,610
Financial Examiners
$99,140
Credit Counselors
$51,950
Loan Officers
$78,880
Tax Examiners and Collectors, and Revenue Agents
$59,430
Tax Preparers
$59,710

Table 5. Median Annual Salary of Personal Financial Advisors in New York Cities

Table 5 shows the median annual salary of personal financial advisors in some New York cities and metropolitan areas. We note that the median annual salary of personal financial advisors in state of New York ranges from $49,700 to $117,210. The highest paying area for personal financial advisors in New York is New York-White Plains-Wayne with a median annual salary of $117,210. The second highest paying city/area in New York State is New York-Northern New Jersey-Long Island (mean annual salary $112,250). The lowest paying area is Elmira with a median annual salary of $49,700.

Cities/Areas Median Annual Salary
New York-White Plains-Wayne
$117,210
New York-Northern New Jersey-Long Island
$112,250
Nassau-Suffolk
$96,890
Poughkeepsie-Newburgh-Middletown
$96,230
Syracuse
$86,240
Albany-Schenectady-Troy
$83,720
Binghamton
$82,770
Rochester
$81,500
Glens Falls
$78,540
Ithaca
$75,050
Kingston
$72,230
Southwest New York nonmetropolitan area
$66,930
Buffalo-Niagara Falls
$63,170
Capital-Northern New York nonmetropolitan area
$51,410
Elmira
$49,700

Personal Financial Advisor Salary by State

Alabama       Alaska       Arizona       Arkansas       California       Colorado       Connecticut       Delaware       D.C.       Florida       Georgia       Hawaii       Idaho       Illinois       Indiana       Iowa       Kansas       Kentucky       Louisiana       Maine       Maryland       Massachusetts       Michigan       Minnesota       Mississippi       Montana       Nebraska       Nevada       New Hampshire       New Jersey       New Mexico       New York       North Carolina       Ohio       Oklahoma       Oregon       Pennsylvania       Puerto Rico       South Carolina       South Dakota       Tennessee       Texas       Utah       Vermont       Virginia       Washington       West Virginia       Wisconsin       Wyoming