How much does a Financial Advisor make in Melville, NY?
Financial advisors in Melville, NY, enjoy a competitive salary. On average, they make around $108,978 a year. This number shows the midpoint of earnings. Some advisors make less, while others earn more. The range for salaries in Melville varies from $34,018 to $155,500. This gives a clear picture of the potential earnings.
To understand the breakdown better, let's look at how earnings spread out. Here are the salary brackets:
- 1.86% make less than $34,018
- 1.40% make between $34,018 and $45,062
- 1.40% make between $45,062 and $56,106
- 6.52% make between $56,106 and $67,150
- 13.50% make between $67,150 and $78,194
- 2.79% make between $78,194 and $89,237
- 18.16% make between $89,237 and $100,281
- 18.63% make between $100,281 and $111,325
- 10.71% make between $111,325 and $122,369
- 13.50% make between $122,369 and $133,412
- 6.52% make between $133,412 and $144,456
- 15.50% make more than $144,456
What are the highest paying cities for a Financial Advisor near Melville, NY?

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Syosset, NY
Average Salary: $168,000
Syosset offers a thriving environment for financial professionals. The town attracts many high-earning clients, making it a lucrative place for those in the industry. Companies like Fidelity Investments and Edward Jones provide strong opportunities.
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Farmingdale, NY
Average Salary: $120,058
Farmingdale has a robust financial sector with opportunities in both local banks and major financial firms. The community's focus on education and family-friendly lifestyle makes it a great place to work and live. Banks like Chase and Wells Fargo are prominent employers in the area.
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Garden City, NY
Average Salary: $106,053
Garden City provides a dynamic setting for financial advisors. The area’s affluent population and numerous financial institutions, including Goldman Sachs, create ample job opportunities. The community's emphasis on professional growth is evident in its thriving finance sector.
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Plainview, NY
Average Salary: $75,000
In Plainview, financial advisors can find a mix of local and national opportunities. The town’s growing population and businesses provide a steady stream of clients. Companies like Merrill Lynch and UBS have a presence here, offering excellent career paths.
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Mineola, NY
Average Salary: $66,345
Mineola offers a vibrant environment for financial professionals. The area's strong economy and educational institutions attract a diverse client base. Firms like Morgan Stanley and J.P. Morgan Chase provide significant opportunities in the financial sector.
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Smithtown, NY
Average Salary: $53,083
Smithtown provides a balanced lifestyle for financial advisors. The town's mix of local businesses and national companies offers a variety of job opportunities. Local banks and credit unions are prominent employers, providing a stable work environment.
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Bethpage, NY
Average Salary: $35,500
Bethpage offers a supportive community for financial professionals. The area's strong economy and focus on family values create a stable work environment. Local banks and financial services companies provide many opportunities for career advancement.
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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: $137,887
Northwestern Mutual offers excellent opportunities for Financial Advisors. They focus on helping clients achieve their financial goals with personalized plans. They have a strong presence in Melville, NY, and provide comprehensive training.
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New York Life
Average Salary: $103,393
New York Life provides rewarding roles for Financial Advisors. They emphasize a balanced approach to wealth management. They operate in Melville, NY, and offer competitive benefits and growth opportunities.
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Aegis Capital Corp
Average Salary: $73,702
Aegis Capital Corp is a growing firm that values Financial Advisors. They offer a supportive environment and focus on client satisfaction. They are located in Melville, NY, and provide various career development programs.
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Equitable
Average Salary: $26,862
Equitable offers entry-level positions for aspiring Financial Advisors. They provide valuable training and mentorship. They are based in Melville, NY, and aim to help employees build a successful career.
What are the best paying Financial Advisor related jobs in Melville, NY?

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Risk Management Director
Average Salary: $313,500
Direct risk management strategies at firms like Citigroup. Develop policies to protect company assets. Work with senior management to mitigate financial risks.
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Investment Banker
Average Salary: $153,960
Work with companies in Melville, such as Goldman Sachs. Advise on mergers and acquisitions. Help companies raise capital. Focus on creating strong financial plans.
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Portfolio Manager
Average Salary: $145,244
Manage investment portfolios for clients at firms like BlackRock. Analyze market trends. Create and maintain investment strategies. Ensure clients' investments grow over time.
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Risk Management Manager
Average Salary: $138,167
Oversee risk management activities for institutions like JPMorgan Chase. Identify potential risks. Develop plans to handle these risks. Ensure company operations run smoothly.
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Chief Risk Officer
Average Salary: $127,500
Lead the risk management team at major banks. Evaluate the financial health of the organization. Make key decisions to protect the company's assets. Work closely with the executive team.
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Risk Specialist
Average Salary: $125,000
Assess and manage financial risks at firms like Morgan Stanley. Analyze data to identify potential threats. Create reports to present findings. Help the company make informed decisions.
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Wealth Management Advisor
Average Salary: $115,920
Help clients build and manage their wealth at firms like Fidelity. Provide personalized financial advice. Create investment plans tailored to each client's needs. Aim to grow and protect their assets.
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Underwriting Consultant
Average Salary: $113,062
Evaluate insurance applications at companies like MetLife. Assess the risk of insuring clients. Provide recommendations based on financial data. Help the company make informed underwriting decisions.
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Underwriter
Average Salary: $103,642
Review and approve insurance applications at firms such as Allstate. Analyze financial information. Determine the risk level of each applicant. Ensure the company's portfolio remains balanced.
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Certified Financial Planner
Average Salary: $100,000
Help clients achieve their financial goals at firms like Edward Jones. Create personalized financial plans. Provide advice on investments, retirement, and taxes. Ensure clients’ financial futures are secure.
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