How much does a Financial Advisor make in Melville, NY?
Financial Advisors in Melville, NY, earn a competitive salary that reflects their expertise in guiding clients on investments, retirement, and other financial matters. On average, these professionals make about $111,077 per year. This figure can vary based on experience, the size of the financial institution, and the complexity of the clients' needs.
The salary range for Financial Advisors can be quite broad. Entry-level advisors might start at around $35,500, while those with more experience or in senior positions could earn upwards of $155,500 annually. This range highlights the potential for significant earnings growth as one gains experience and establishes a client base.
What are the highest paying cities for a Financial Advisor near Melville, NY?

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Syosset, NY
Average Salary: $168,000
In Syosset, professionals in this role can expect to work with clients who value their financial future. This area is home to several major financial firms where you can gain valuable experience. Companies such as Goldman Sachs and Fidelity Investments offer great opportunities.
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Levittown, NY
Average Salary: $125,000
Working in Levittown provides a vibrant community for financial advisors. This area attracts a diverse clientele, offering a dynamic work environment. Financial institutions like Morgan Stanley and Charles Schwab provide excellent platforms for career growth.
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Farmingdale, NY
Average Salary: $114,503
Farmingdale offers a blend of suburban charm and business opportunities. Here, advisors can build long-term relationships with clients. Key employers include JP Morgan and Merrill Lynch, offering a supportive professional environment.
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Garden City, NY
Average Salary: $104,692
In Garden City, financial experts enjoy a high concentration of affluent clients. This area has prestigious firms such as Goldman Sachs and UBS, providing diverse client portfolios. It’s an ideal place for those seeking a rewarding career.
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Mineola, NY
Average Salary: $78,865
Mineola presents a bustling environment with numerous opportunities for financial professionals. Working here, you can access a range of clients. Companies like TD Ameritrade and Wells Fargo are prominent in the area.
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Plainview, NY
Average Salary: $75,312
Plainview is known for its thriving financial services sector. Professionals here benefit from a collaborative work culture. Notable employers include Fidelity Investments and Edward Jones, offering excellent career development.
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Rockville Centre, NY
Average Salary: $71,400
Rockville Centre offers a mix of corporate and independent financial opportunities. This area is ideal for advisors who enjoy a dynamic work setting. Major firms such as BlackRock and Morgan Stanley provide a wealth of experience.
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Smithtown, NY
Average Salary: $59,500
In Smithtown, financial experts find a community-oriented environment with plenty of opportunities. This town attracts a variety of clients, providing a rich and rewarding experience. Key players include UBS and Raymond James.
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Bethpage, NY
Average Salary: $35,500
Bethpage provides a supportive environment for those in the financial field. This area is ideal for building a client base and developing a successful career. Companies such as Charles Schwab and Bank of America are well-established here.
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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: $140,288
Northwestern Mutual offers rewarding roles for Financial Advisors in Melville, NY. The company provides comprehensive training and supports financial advisors with resources to build their careers. They focus on long-term client relationships and offer a competitive salary. This company operates nationwide, helping clients with insurance, investments, and retirement planning.
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New York Life
Average Salary: $105,078
New York Life is a leading company offering excellent opportunities for Financial Advisors in Melville, NY. They provide ongoing training and career development opportunities. New York Life focuses on personalized client service and financial planning. This company operates in multiple locations across the United States, with a strong commitment to its advisors and clients.
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Aegis Capital Corp
Average Salary: $73,702
Aegis Capital Corp offers Financial Advisor positions with a good balance of salary and growth opportunities in Melville, NY. They support their financial advisors with training and resources to help them succeed. Aegis Capital Corp focuses on innovative financial solutions and operates in various locations, offering a supportive work environment.
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Equitable
Average Salary: $28,007
Equitable provides entry-level and experienced positions for Financial Advisors in Melville, NY. They offer a supportive environment for professional growth and development. The company emphasizes client education and financial planning. Equitable operates across the country, offering diverse opportunities for career advancement.
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 involves overseeing risk strategies for a company. Directors work with top executives to ensure the firm’s assets are secure. They evaluate risks and recommend steps to minimize them. Companies in Melville, NY, often seek directors with strong analytical skills and experience.
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Risk Specialist
Average Salary: $200,000
Risk specialists analyze potential risks for an organization. They develop plans to mitigate these risks and ensure compliance with regulations. Professionals in Melville can find roles at financial institutions and insurance firms, where attention to detail is crucial.
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Portfolio Manager
Average Salary: $145,244
Portfolio managers oversee investment portfolios for clients. They create investment strategies and monitor performance. Companies in Melville value managers with strong knowledge of financial markets and investment principles.
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Investment Banker
Average Salary: $143,300
Investment bankers help companies raise capital and advise on mergers and acquisitions. They work with clients to develop financial strategies. In Melville, bankers often collaborate with local businesses and financial institutions.
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Risk Management Manager
Average Salary: $138,167
Risk management managers identify and evaluate potential risks. They develop policies to mitigate these risks and ensure regulatory compliance. Firms in Melville look for managers with experience in risk assessment and strong leadership skills.
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Chief Risk Officer
Average Salary: $127,500
Chief Risk Officers oversee the risk management strategy for an organization. They ensure that the company complies with risk management regulations and identify potential risks. CROs in Melville work for major financial institutions and insurance companies.
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Underwriting Consultant
Average Salary: $116,750
Underwriting consultants evaluate the risk of insuring individuals and businesses. They assess potential risks and recommend terms. In Melville, consultants often work for insurance companies and financial service firms.
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Certified Financial Planner
Average Salary: $112,500
Certified Financial Planners help individuals create financial plans. They provide advice on investing, retirement, and estate planning. Professionals in Melville serve clients through independent practices and financial advisory firms.
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Wealth Management Advisor
Average Salary: $108,458
Wealth management advisors manage clients’ investments and financial plans. They provide personalized financial advice to help clients meet their goals. In Melville, advisors work with financial institutions and private practices.
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Underwriter
Average Salary: $105,821
Underwriters evaluate the risk of insuring clients. They decide whether to offer coverage and set terms. Underwriters in Melville often work for insurance companies and need strong analytical skills.
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