Personal Financial Advisors in New York
Want to work in New York as a Personal Financial Advisor? Read this first!
You’re in luck! Jobs for Personal Financial Advisors in New York are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Personal Financial Advisors in New York is growing faster than average.
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Personal Financial Advisors in New York earn higher salaries than the typical U.S. wage earner.
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How Many Personal Financial Advisors Work in New York?
In New York, there were 26,710 people working as Personal Financial Advisors in the year 2018.
There were 28,000 Personal Financial Advisors employed in this state in 2017.
That’s a decline of 1,290 jobs between 2017 and 2018.
The typical state has 1,820 Personal Financial Advisors working in it, which means New York has more Personal Financial Advisors than average.
Job Projections for New York
Jobs for Personal Financial Advisors in this state are growing at a rate of 15.5% which is faster than the nationwide estimated projection of 14.9%.
New York Annual Job Openings
The BLS estimates 3,030 annual job openings, and a total of 36,950 jobs for New York Personal Financial Advisors in 2026.
Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.
What do Personal Financial Advisors Make in New York?
In 2018 wages for Personal Financial Advisors ranged from $54,390 to $208,000 with $136,830 being the median annual salary.
Broken down to an hourly rate, workers in this field made anywhere from $26.15 to $100. The median hourly rate was $65.78.
In 2017 the median pay for this field was $68.99 an hour.
The hourly rate declined by $3.21.
The median salary in New York is higher than the nationwide median salary.
Top New York Metros for Personal Financial Advisors
The table below shows some of the metros in this state with the most Personal Financial Advisors.
| Metro | Number Employed | Annual Median Salary |
|---|---|---|
| New York-Newark-Jersey City, NY-NJ-PA | 27,570 | $135,510 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 720 | $95,880 |
| Albany-Schenectady-Troy, NY | 580 | $89,070 |
| Rochester, NY | 480 | $89,790 |
| Syracuse, NY | 350 | $59,450 |
| Utica-Rome, NY | 80 | $150,470 |
| Binghamton, NY | 80 | $63,450 |
| Kingston, NY | 50 | $57,540 |
Top States for Personal Financial Advisors Employment
View the list below to see where most Personal Financial Advisors work.
| State | Number Employed | Annual Median Salary |
|---|---|---|
| New York | 26,710 | $136,830 |
| California | 24,890 | $96,490 |
| Florida | 14,080 | $90,460 |
| Texas | 10,830 | $88,220 |
| Massachusetts | 9,060 | $82,060 |
| Illinois | 8,940 | $88,760 |
| Pennsylvania | 8,590 | $78,470 |
| North Carolina | 7,010 | $97,960 |
| Ohio | 6,000 | $74,390 |
| Michigan | 5,210 | $73,050 |
| Missouri | 5,050 | $63,000 |
| Wisconsin | 4,730 | $88,590 |
| New Jersey | 4,700 | $107,250 |
| Georgia | 4,660 | $96,980 |
| Connecticut | 4,470 | $98,000 |
| Virginia | 4,370 | $83,220 |
| Maryland | 4,290 | $81,360 |
| Colorado | 4,010 | $85,120 |
| Indiana | 3,740 | $90,150 |
| Minnesota | 3,720 | $79,010 |
Below are the states where Personal Financial Advisors get paid the most:
| State | Annual Median Salary |
|---|---|
| New York | $136,830 |
| District of Columbia | $136,660 |
| New Jersey | $107,250 |
| Delaware | $101,920 |
| Maine | $101,550 |
| Washington | $99,960 |
| Connecticut | $98,000 |
| North Carolina | $97,960 |
| Georgia | $96,980 |
| California | $96,490 |
Related Careers in NY
You may also be interested in the following careers:
| Occupation | NY Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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