Financial Advisor Salary in Albany, NY

In Albany, NY, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role is around $78,796. This salary can vary based on experience, education, and the specific responsibilities of the job. Many Financial Advisors in Albany find that their earnings can increase with time and additional certifications.

The salary range for Financial Advisors in Albany is quite broad. The lowest 10% earn about $43,160, while the top 10% can make over $145,000. Most advisors fall between $61,676 and $107,967 annually. This range shows that there are many opportunities for growth and advancement in this field. Factors such as the size of the client base, the complexity of financial plans, and the advisor's reputation can also influence earnings.

1. Springfield, MA
   Average Salary: $126,010
   In Springfield, financial professionals thrive in a community that values financial stability and growth. With companies like MassMutual and Baystate Health, there are ample opportunities to work with diverse clients. The city's supportive environment makes it a great place for career advancement.
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2. Hartford, CT
   Average Salary: $94,570
   Hartford offers a dynamic setting for financial experts, with many opportunities in insurance and banking. Companies like The Hartford and Aetna provide a solid foundation. The city's rich history and vibrant culture enhance the professional experience.
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3. Poughkeepsie, NY
   Average Salary: $94,501
   Poughkeepsie is a charming city where financial advisors can enjoy a balanced lifestyle. Working with local firms like IBM and Vassar Brothers Medical Center, professionals here focus on client-centered services. The Hudson River's scenic views add a unique touch to daily work life.
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4. Syracuse, NY
   Average Salary: $94,231
   Syracuse provides a vibrant atmosphere for financial advisors, with key employers like Syracuse University and St. Joseph's Health. The city's strong community spirit and diverse client base offer rich professional experiences. The nearby Finger Lakes region adds to the area's appeal.
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5. Schenectady, NY
   Average Salary: $92,484
   Schenectady is a thriving hub for financial professionals, with major companies like General Electric and MVP Healthcare. The city's innovative spirit and strong economy create a dynamic work environment. The historic Stockade District adds a unique charm to the area.
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6. White Plains, NY
   Average Salary: $89,726
   White Plains offers a sophisticated setting for financial advisors, with prominent employers like PepsiCo and White Plains Hospital. The city's upscale environment and diverse clientele provide excellent career opportunities. The proximity to New York City adds to its appeal.
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7. Rochester, NY
   Average Salary: $84,619
   Rochester is a vibrant city for financial experts, with key players like Eastman Kodak and Blue Cross Blue Shield. The city's strong economy and innovative culture create a dynamic work environment. The scenic Genesee River adds to the area's charm.
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8. Burlington, VT
   Average Salary: $83,342
   Burlington offers a serene setting for financial professionals, with opportunities at companies like IBM and the University of Vermont. The city's laid-back atmosphere and beautiful Lake Champlain make it an attractive place to work. The strong community ties enhance the professional experience.
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9. Buffalo, NY
   Average Salary: $78,822
   Buffalo provides a robust environment for financial advisors, with major employers like KeyBank and M&T Bank. The city's rich industrial history and diverse client base offer diverse professional experiences. The nearby Niagara Falls add to the area's appeal.
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10. Saratoga Springs, NY
    Average Salary: $76,550
    Saratoga Springs is a picturesque city for financial professionals, with opportunities at companies like Saratoga Performing Arts Center and Saratoga Hospital. The city's vibrant arts scene and strong community create a unique work environment. The nearby Saratoga Race Course adds to its charm.
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1. New York Life
   Average Salary: $95,000
   New York Life offers rewarding Financial Advisor positions in Albany, NY. They provide a comprehensive benefits package and opportunities for career growth. New York Life operates nationwide, with a strong presence in Albany.
   

   
   

2. Northwestern Mutual
   Average Salary: $91,300
   Northwestern Mutual is known for its competitive salaries and supportive work environment. Financial Advisors in Albany, NY, benefit from training and resources to succeed. The company has offices in Albany and operates across the country.
   

   
   

3. Charles Schwab
   Average Salary: $78,750
   Charles Schwab provides a dynamic workplace for Financial Advisors in Albany, NY. They offer a strong compensation package and a collaborative culture. Charles Schwab has offices in Albany and is a major player in the financial industry.
   

   
   

4. Fidelity Investments
   Average Salary: $65,000
   Fidelity Investments offers Financial Advisor roles with a focus on client service and growth. They provide training and support for career development. Fidelity has offices in Albany, NY, and is a global leader in financial services.
   

   
   

5. OneOncology
   Average Salary: $52,000
   OneOncology provides Financial Advisor positions with a focus on healthcare finance. They offer a supportive environment and opportunities for professional growth. OneOncology operates in Albany, NY, and has a presence in several healthcare markets.
   

1. Chief Risk Officer
   Average Salary: $182,290
   This role oversees risk management strategies. It involves working with top executives to ensure the company's financial health. Companies like Capital One and KeyBank in Albany look for experienced leaders.
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2. Risk Management Manager
   Average Salary: $161,375
   This position involves assessing and mitigating risks. It requires strong analytical skills and experience with financial products. Local firms such as HSBC and Bank of America seek qualified managers.
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3. Investment Banker
   Average Salary: $152,390
   Investment bankers help clients with mergers, acquisitions, and raising capital. They work closely with companies and financial institutions. Firms like Goldman Sachs and Morgan Stanley in Albany offer these roles.
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4. Underwriting Manager
   Average Salary: $152,237
   Underwriting managers evaluate risks for insurance policies. They make decisions on approving or denying claims. Companies like State Farm and Allstate in Albany need skilled managers.
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5. Portfolio Manager
   Average Salary: $139,197
   Portfolio managers oversee investment portfolios for clients. They aim to maximize returns while managing risks. Wealth management firms like Fidelity and Vanguard in Albany hire these professionals.
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6. Risk Management Director
   Average Salary: $135,930
   This role leads the risk management team. It involves developing policies and strategies to protect the company. Major banks and financial institutions in Albany seek experienced directors.
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7. Risk Analyst
   Average Salary: $102,637
   Risk analysts evaluate potential risks for a company. They provide insights to help make informed decisions. Firms like JPMorgan Chase and Wells Fargo in Albany look for detail-oriented analysts.
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8. Loss Control Consultant
   Average Salary: $90,824
   Loss control consultants help companies reduce risks and prevent losses. They work with businesses to improve safety and efficiency. Insurance companies in Albany, such as GEICO and Nationwide, hire these experts.
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9. Underwriter
   Average Salary: $82,189
   Underwriters assess risks for insurance policies. They decide whether to approve or deny claims. Local insurance companies like Liberty Mutual and Allstate need skilled underwriters.
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10. Risk Specialist
    Average Salary: $81,285
    Risk specialists analyze data to identify potential risks. They work with various departments to mitigate these risks. Financial firms in Albany, such as BNY Mellon and Charles Schwab, seek qualified specialists.
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