How much does a Financial Advisor make in Melville, NY?
Financial advisors in Melville, NY, have a solid income that can be quite appealing. The average yearly salary for these professionals is about $110,715. This figure can change based on experience and the specific responsibilities of the role. Many financial advisors find themselves earning between $79,136 and $133,682 annually, depending on their position within the industry.
The salary range shows that experienced financial advisors can earn more. New advisors might start at the lower end, while seasoned experts could reach the higher end. Factors like the size of the clients' portfolios and the advisor's success in managing them can also affect earnings. Most financial advisors earn in the middle of this range, showing a stable and rewarding career path.
What are the highest paying cities for a Financial Advisor near Melville, NY?

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Syosset, NY
Average Salary: $168,000
Working in Syosset offers a chance to contribute to a thriving community. The area is home to many financial firms, and professionals often find roles with companies like Citibank and JPMorgan Chase.
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Farmingdale, NY
Average Salary: $115,767
Farmingdale provides a dynamic work environment for financial experts. Many prominent firms operate here, including M&T Bank and HSBC. It's a place where skills can grow and make a difference.
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Garden City, NY
Average Salary: $106,561
Garden City is a hub for financial services, attracting top talent. Here, one can work for companies like Chase and Bank of America. The city offers a mix of challenges and opportunities for growth.
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Mineola, NY
Average Salary: $76,121
In Mineola, the financial sector is robust and growing. With firms like TD Bank and Capital One in the area, professionals find many avenues for career development. It's a place where financial expertise is in high demand.
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Plainview, NY
Average Salary: $75,312
Plainview presents a vibrant workplace for financial professionals. The area is supported by major banks like Wells Fargo and Citibank. Working here means being part of a dynamic, forward-thinking environment.
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Smithtown, NY
Average Salary: $49,917
Smithtown offers a supportive community for financial advisors. Key players in the local market include Huntington Bank and KeyBank. It's a great place to develop and advance one's career in finance.
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Bethpage, NY
Average Salary: $35,500
Bethpage is a thriving spot for financial careers. With companies such as HSBC and Chase, professionals here enjoy a range of opportunities. It's a community where financial skills are highly valued and rewarded.
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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: $139,071
Northwestern Mutual offers exciting opportunities for Financial Advisors in Melville, NY. They aim to help people protect what matters most. The company is well-known for its supportive environment and strong benefits.
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New York Life
Average Salary: $104,016
New York Life provides a rewarding career path for Financial Advisors in Melville, NY. They focus on personalized service to meet clients' needs. Their team works hard to help clients achieve their financial goals.
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Aegis Capital Corp
Average Salary: $73,702
Aegis Capital Corp offers a range of opportunities for Financial Advisors in Melville, NY. They work to provide tailored financial solutions. The company values growth and professional development.
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Equitable
Average Salary: $27,339
Equitable seeks dedicated Financial Advisors in Melville, NY. They aim to offer financial security and peace of mind. The company encourages learning and career advancement for its employees.
What are the best paying Financial Advisor related jobs in Melville, NY?

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Risk Management Director
Average Salary: $313,500
This role oversees risk management for a company. Duties include assessing risks and developing strategies to mitigate them. JPMorgan Chase and Citibank in Melville offer these positions.
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Risk Specialist
Average Salary: $200,000
A Risk Specialist analyzes potential risks that could impact a company. They work closely with different departments to ensure risks are managed. Companies like American Express and Morgan Stanley in Melville hire for this role.
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Investment Banker
Average Salary: $153,960
Investment Bankers help companies raise capital and provide advice on mergers and acquisitions. They work with clients to create financial strategies. Goldman Sachs and Merrill Lynch in Melville offer these opportunities.
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Portfolio Manager
Average Salary: $145,244
Portfolio Managers oversee investment portfolios for clients. They make decisions on which investments to buy or sell. Fidelity Investments and Blackrock in Melville have openings for this position.
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Risk Management Manager
Average Salary: $138,167
A Risk Management Manager leads a team to identify and mitigate risks. They develop policies to ensure the company’s assets are protected. MetLife and HSBC in Melville seek candidates for this role.
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Chief Risk Officer
Average Salary: $127,500
This role involves overseeing all risk management activities within a company. The Chief Risk Officer ensures compliance with regulatory standards. Citigroup and UBS in Melville hire for this senior position.
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Underwriting Consultant
Average Salary: $116,750
Underwriting Consultants evaluate insurance risks for companies. They assess applications to determine the risk level. Liberty Mutual and AXA in Melville offer jobs in this field.
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Wealth Management Advisor
Average Salary: $106,508
Wealth Management Advisors provide financial planning services. They help clients manage their assets and investments. Wealthfront and Edward Jones in Melville hire for this position.
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Underwriter
Average Salary: $105,073
Underwriters assess the risk of insuring individuals or businesses. They determine the terms and conditions of insurance policies. Allstate and GEICO in Melville have openings for Underwriters.
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Certified Financial Planner
Average Salary: $100,000
Certified Financial Planners offer financial advice to clients. They help with retirement planning, investment strategies, and tax planning. Vanguard and Charles Schwab in Melville seek these professionals.
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