How much does a Financial Advisor make in Melville, NY?
A Financial Advisor in Melville, NY, earns a strong salary, reflecting the area's robust economy and demand for financial expertise. On average, these professionals earn about $108,004 annually. This figure highlights the financial rewards that come with this career path.
The salary range for Financial Advisors in Melville can vary significantly. At the lower end, some advisors may earn around $34,018 per year. As they gain more experience and build their client base, salaries can reach up to $155,500 annually. This wide range shows that there are many opportunities for growth and advancement in this field.
What are the highest paying cities for a Financial Advisor near Melville, NY?

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Syosset, NY
Average Salary: $178,750
Syosset offers a dynamic environment for those in financial services. The area has a mix of traditional finance firms and modern fintech companies. Working here means you can often find opportunities with firms like Northwell Health and Goldman Sachs.
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Farmingdale, NY
Average Salary: $116,592
Farmingdale provides a thriving environment for financial professionals. The city's growing business sector means many local companies need expert financial guidance. Look for jobs with Huntington Bank and local credit unions.
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Garden City, NY
Average Salary: $106,214
In Garden City, financial advisors find a stable and professional setting. The area’s strong economy supports many established financial firms. Consider roles with companies like HSBC and Morgan Stanley.
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Plainview, NY
Average Salary: $76,071
Plainview offers a community that values financial expertise. Advisors here enjoy a mix of corporate and individual client work. Local companies like TD Bank and UBS offer solid opportunities.
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Smithtown, NY
Average Salary: $48,200
Smithtown provides a diverse market for financial services. The area's growth attracts both large firms and independent advisors. Look for positions with firms such as Chase and local banks.
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Bethpage, NY
Average Salary: $35,500
Bethpage is a great place for financial advisors to grow. The area has many community-focused businesses. Opportunities exist with companies like PNC Bank and local credit unions.
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What are the best paying companies for a Financial Advisor in Melville, NY?

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Northwestern Mutual
Average Salary: $137,300
Northwestern Mutual offers exciting opportunities for Financial Advisors in Melville, NY. They provide extensive training and tools to help their advisors succeed. The company has a strong reputation and operates in many locations nationwide.
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New York Life
Average Salary: $102,390
New York Life provides rewarding positions for Financial Advisors in Melville, NY. They focus on personalized customer service and have a long history of financial stability. The company serves clients in various areas across the country.
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Aegis Capital Corp
Average Salary: $70,753
Aegis Capital Corp offers a dynamic environment for Financial Advisors in Melville, NY. They emphasize teamwork and professional growth. The company operates in multiple locations, providing diverse opportunities for their advisors.
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Equitable
Average Salary: $26,862
Equitable provides entry-level opportunities for Financial Advisors in Melville, NY. They focus on developing their employees' skills and knowledge. The company operates in various regions, offering a chance for growth and advancement.
What are the best paying Financial Advisor related jobs in Melville, NY?

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Risk Management Director
Average Salary: $313,500
In this role, individuals oversee risk strategies for their company. They collaborate with financial advisors to protect assets and ensure compliance. Companies like Goldman Sachs and Morgan Stanley hire for these positions.
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Investment Banker
Average Salary: $168,075
This job involves helping companies and individuals with financial transactions. You'll work closely with financial advisors to provide advice on mergers and acquisitions. JPMorgan Chase and Citibank have openings in the area.
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Portfolio Manager
Average Salary: $145,244
Portfolio managers handle investment portfolios for clients. They work with financial advisors to ensure investments meet client goals. BlackRock and Fidelity are two companies hiring for this role.
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Risk Management Manager
Average Salary: $138,167
They assess and manage risks for their company. They work alongside financial advisors to implement risk strategies. Companies such as American Express and Citi are looking for candidates.
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Chief Risk Officer
Average Salary: $127,500
This executive role involves overseeing all risk management for a company. They partner with financial advisors to protect the company's assets. Wells Fargo and Goldman Sachs often have openings for this position.
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Risk Specialist
Average Salary: $125,000
Specialists analyze and manage risks for their employer. They work with financial advisors to create risk mitigation plans. Companies like MetLife and Allstate are hiring for this role.
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Underwriting Consultant
Average Salary: $113,062
Underwriting consultants assess risk for insurance companies. They work closely with financial advisors to evaluate potential risks. Companies like AIG and Liberty Mutual offer positions.
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Wealth Management Advisor
Average Salary: $111,584
These professionals manage wealth and investments for clients. They coordinate with financial advisors to provide personalized financial plans. Morgan Stanley and UBS have openings for this role.
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Underwriter
Average Salary: $101,537
Underwriters evaluate applications for insurance or loans. They work with financial advisors to assess potential risks. Companies like Prudential and State Farm hire for these positions.
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Analyst
Average Salary: $82,624
Analysts research and report on financial trends. They assist financial advisors by providing data and insights. JPMorgan Chase and Goldman Sachs are currently hiring for analyst positions.
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