Financial Advisor Financial Advisor Salary in Boston, MA

Financial Advisor Salary in Boston, MA

Updated on Aug 12, 2025
Position
City
Salary

How much does a Financial Advisor make in Boston, MA?

The average salary for a Financial Advisor is $97,066 per year in Boston, MA.
Yearly
Monthly
Weekly
Hourly
Graph depicting the yearly salary distribution for Financial Advisor jobs in Boston, MA, showing an average salary of $97,066 with varying distribution percentages across salary ranges.
Graph depicting the monthly salary distribution for Financial Advisor jobs in Boston, MA, showing an average salary of $8,089 with varying distribution percentages across salary ranges.
Graph depicting the weekly salary distribution for Financial Advisor jobs in Boston, MA, showing an average salary of $1,867 with varying distribution percentages across salary ranges.
Graph depicting the hourly salary distribution for Financial Advisor jobs in Boston, MA, showing an average salary of $47 with varying distribution percentages across salary ranges.

Financial Advisors in Boston, MA, enjoy a competitive salary. On average, they make about $97,066 per year. This figure reflects the city's strong economy and the demand for financial expertise. Many Advisors earn between $76,591 and $123,977 annually. This range shows that experience and skill level play a big role in determining salary.

The salary distribution for Financial Advisors in Boston highlights the potential for growth. About 40.71% of Advisors earn between $92,386 and $108,182. This middle range indicates a solid earning potential for those in the field. Higher salaries, up to $202,955, go to the top earners. These individuals often have advanced degrees, certifications, or many years of experience. The data shows that with dedication and expertise, Financial Advisors can achieve significant financial success in Boston.

Financial Advisor jobs in Boston, MA
View all Financial Advisor jobs in Boston, MA

What are the highest paying cities for a Financial Advisor near Boston, MA?

Financial advisors near Boston, MA, can find top-paying opportunities in several cities. Watertown leads with an average salary of $156,575. Newton and Waltham follow closely, offering $106,378 and $97,311 respectively. These cities provide attractive compensation packages for those seeking a lucrative career in financial advising.
Graph displaying highest paying cities salaries for Financial Advisor jobs near Boston, MA, highlighting Watertown, MA with the highest at $156,575 and Cambridge, MA with the lowest at $71,440.

  1. Watertown, MA
    Average Salary: $156,575
    In Watertown, a financial advisor thrives in a community that values financial stability. With prominent firms like Fidelity Investments nearby, professionals can leverage strong networks and resources. The area offers a mix of corporate and independent opportunities.
    Find Financial Advisor jobs in Watertown, MA


  2. Newton, MA
    Average Salary: $106,378
    Newton provides a vibrant environment for financial advisors. The city is home to many high-net-worth clients, making it a prime location for those in the field. Working with clients here often involves personalized financial planning and investment strategies.
    Find Financial Advisor jobs in Newton, MA


  3. Waltham, MA
    Average Salary: $97,311
    Waltham is a hub for financial services, with many tech companies needing expert financial guidance. Advisors here often work with startups and established tech firms. The city's dynamic economy offers diverse opportunities for growth and specialization.
    Find Financial Advisor jobs in Waltham, MA


  4. Quincy, MA
    Average Salary: $90,423
    Quincy offers a mix of traditional and modern financial services. Financial advisors in this city work with a variety of clients, from families to businesses. The area's diverse economic landscape provides a rich environment for financial expertise.
    Find Financial Advisor jobs in Quincy, MA


  5. Chestnut Hill, MA
    Average Salary: $82,488
    Chestnut Hill is known for its affluent residents, making it an excellent place for financial advisors. Professionals here often focus on wealth management and estate planning. The community's focus on financial security creates a steady demand for expert services.
    Find Financial Advisor jobs in Chestnut Hill, MA


  6. Somerville, MA
    Average Salary: $81,614
    Somerville is a growing city with a mix of young professionals and established businesses. Financial advisors here benefit from a diverse client base. The city's vibrant culture and economic growth offer many opportunities for career advancement.
    Find Financial Advisor jobs in Somerville, MA


  7. Dorchester, MA
    Average Salary: $77,906
    Dorchester provides a unique setting for financial advisors. The community is diverse and growing, offering opportunities to work with a wide range of clients. Advisors here often focus on financial education and community outreach, making a significant impact.
    Find Financial Advisor jobs in Dorchester, MA


  8. Cambridge, MA
    Average Salary: $71,440
    Cambridge is a hub for education and innovation, making it a great place for financial advisors. The city is home to many universities and research institutions, creating a demand for specialized financial services. Advisors here often work with students, faculty, and tech companies.
    Find Financial Advisor jobs in Cambridge, MA

What are the best paying companies for a Financial Advisor in Boston, MA?

Financial advisors in Boston, MA, have several top-tier companies offering competitive salaries. MassMutual leads with an average salary of $119,650, followed closely by New York Life at $103,844. Northwestern Mutual also provides a strong salary of $100,081, making these firms attractive options for career growth. Other notable companies include Magellan Financial, Deloitte, and Baystate Financial, each offering salaries above $90,000. These firms provide excellent opportunities for financial advisors seeking both stability and growth in their careers.
Graph displaying best paying company salaries for Financial Advisor jobs in Boston, MA, highlighting MassMutual with the highest at $119,650 and Dana-Farber Cancer Institute with the lowest at $52,821.

  1. MassMutual
    Average Salary: $119,650
    MassMutual offers rewarding Financial Advisor roles in Boston, MA. They provide a comprehensive benefits package and opportunities for career growth. MassMutual operates nationwide, with a strong presence in Boston.


  2. New York Life
    Average Salary: $103,844
    New York Life provides excellent Financial Advisor positions in Boston, MA. They focus on work-life balance and offer competitive salaries. New York Life has a global presence, with significant operations in Boston.


  3. Northwestern Mutual
    Average Salary: $100,081
    Northwestern Mutual hires Financial Advisors in Boston, MA, offering a supportive work environment. They provide training and development opportunities. Northwestern Mutual is a well-known company with offices in Boston.


  4. Magellan Financial
    Average Salary: $95,000
    Magellan Financial offers Financial Advisor positions in Boston, MA, with a focus on client satisfaction. They provide competitive compensation and benefits. Magellan Financial operates in Boston and other key locations.


  5. Deloitte
    Average Salary: $94,364
    Deloitte provides Financial Advisor roles in Boston, MA, with a focus on innovation and client service. They offer a strong benefits package. Deloitte is a global leader with a significant presence in Boston.


  6. Baystate Financial
    Average Salary: $94,304
    Baystate Financial offers Financial Advisor positions in Boston, MA. They focus on personalized client service and career development. Baystate Financial operates in Boston and other regions.


  7. PNC Financial Services Group
    Average Salary: $87,235
    PNC Financial Services Group hires Financial Advisors in Boston, MA, offering a supportive work environment. They provide training and development opportunities. PNC operates in Boston and other locations.


  8. Protiviti
    Average Salary: $81,400
    Protiviti offers Financial Advisor roles in Boston, MA, with a focus on integrity and client service. They provide a comprehensive benefits package. Protiviti operates in Boston and other key areas.


  9. Charles Schwab
    Average Salary: $74,400
    Charles Schwab provides Financial Advisor positions in Boston, MA, with a focus on client-centric service. They offer competitive salaries and benefits. Charles Schwab has a strong presence in Boston.


  10. Dana-Farber Cancer Institute
    Average Salary: $52,821
    Dana-Farber Cancer Institute offers Financial Advisor roles in Boston, MA, with a focus on healthcare benefits. They provide a supportive work environment. Dana-Farber operates in Boston and other locations.

Currently 2,152 Financial Advisor job openings, nationwide.

View Financial Advisor Jobs in Boston, MA

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