Financial Advisor Salary in Massachusetts

The average financial advisor salary in Massachusetts is $128,320 per year (estimate). This works out to approximately $61.69 per hour based on a standard 2,080-hour work year.

Massachusetts's average financial advisor salary of $128,320 is above the national average of $99,580 by 28,740 (28.9%). Massachusetts is one of the higher-paying states for this occupation.

Financial Advisor salaries in Massachusetts are influenced by cost of living, local demand for workers, industry concentration, years of experience, education level, employer size, and unionization rates. Metro areas within Massachusetts may pay significantly more than rural areas.

Based on the annual salary of $128,320, the approximate hourly rate for a financial advisor in Massachusetts is $61.69 per hour (assuming 2,080 hours per year). The national average hourly rate is $47.88.

In these estimates, the top paying states for Personal Financial Advisors are: New York ($148,320), California ($128,320), Massachusetts ($128,320), New Jersey ($128,320), Connecticut ($118,320).

State figures on this page are estimates for comparison and planning. They are not official BLS state-level values. For official numbers, check the BLS Occupational Employment and Wage Statistics tables.