Personal Financial Advisor salary in Massachusetts
Personal Financial Advisors in Massachusetts earn a median of $125,670 a year ($60.42 an hour), based on BLS data for this job.
Pay ranges from $58,510 for the lowest-paid 10% to $478,850 for the top 10%. That is 20% higher than the national median of $105,070. Massachusetts ranks 6th of 49 states for personal financial advisors pay. The average (mean) salary is $172,430, above the median because a few high earners pull it up.
Pay range for personal financial advisors in Massachusetts
| Pay level | Yearly | Hourly |
|---|---|---|
| 10th percentile (entry level) | $58,510 | $28.13 |
| 25th percentile | $83,810 | $40.29 |
| Median | $125,670 | $60.42 |
| 75th percentile | $174,720 | $84.00 |
| 90th percentile (top earners) | $478,850 | $230.22 |
| Average (mean) | $172,430 | $82.90 |
Half of personal financial advisors earn more than the median and half earn less. Percentiles show the spread: 10% earn less than the 10th percentile, and 10% earn more than the 90th.
Median paycheck, before taxes
| Pay period | Amount |
|---|---|
| Monthly | $10,472.50 |
| Semi-monthly (24 a year) | $5,236.25 |
| Biweekly (26 a year) | $4,833.46 |
| Weekly | $2,416.73 |
| Hourly | $60.42 |
Based on a full-time year of 2,080 hours. Convert any amount with the hourly to salary converter.
Personal Financial Advisor salary in cities in Massachusetts
| Metro area | Median salary | Workers |
|---|---|---|
| Amherst Town-Northampton, MA | $145,190 | 40 |
| Springfield, MA | $127,870 | 200 |
| Boston-Cambridge-Newton, MA-NH | $126,530 | n/a |
| Pittsfield, MA | $125,900 | 70 |
| Worcester, MA | $120,400 | n/a |
| Providence-Warwick, RI-MA | $83,720 | 1,200 |
Highest-paying states for personal financial advisors
| State | Median salary |
|---|---|
| New York | $166,400 |
| New Jersey | $158,570 |
| California | $130,330 |
| Connecticut | $129,720 |
| South Dakota | $128,720 |
| Massachusetts | $125,670 |
| Delaware | $125,050 |
| Oregon | $122,830 |
| Illinois | $120,130 |
| Wisconsin | $119,430 |
Related jobs in Massachusetts
| Job | Median salary | Hourly |
|---|---|---|
| Accountants and Auditors | $99,460 | $47.82 |
| Financial and Investment Analysts | $111,040 | $53.38 |
| Loan Officer | $101,600 | $48.85 |
| Insurance Underwriter | $106,640 | $51.27 |
| Tax Preparer | $58,400 | $28.08 |
| Financial Risk Specialist | $130,400 | $62.69 |
| Credit Analyst | $97,080 | $46.68 |
| Budget Analyst | $92,260 | $44.36 |
| Tax Examiners and Collectors, and Revenue Agents | $75,560 | $36.33 |
| Property Appraisers and Assessors | $91,750 | $44.11 |
| Financial Examiner | $111,110 | $53.42 |
| Credit Counselor | $63,240 | $30.41 |
| Financial Specialists, All Other | $99,970 | $48.06 |
| Market Research Analysts and Marketing Specialists | $101,810 | $48.95 |
More: Business and Financial Operations Occupations · all salaries in Massachusetts
Source: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 estimates, occupation code 13-2052. Wages include base pay, tips, commissions and shift pay, but not overtime, bonuses or benefits, and exclude the self-employed.
Frequently asked questions
How much does a personal financial advisor make in Massachusetts?
The median salary for personal financial advisors in Massachusetts is $125,670 a year, or $60.42 an hour. Pay ranges from $58,510 for the lowest-paid 10% to $478,850 for the top 10%.
How much do the highest-paid personal financial advisors make in Massachusetts?
The top 10% of personal financial advisors in Massachusetts earn at least $478,850 a year. The top 25% earn $174,720 or more.
What is the starting pay for personal financial advisors in Massachusetts?
Entry-level pay (the 10th percentile) is about $58,510 a year, and a quarter of personal financial advisors earn $83,810 or less.