How much does a Financial Advisor make in Rochester, NY?
In Rochester, NY, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role is around $84,887. This average reflects the diverse skill sets and experience levels of professionals in the field. Many Financial Advisors in Rochester find their work rewarding, both financially and professionally.
The salary range for Financial Advisors in Rochester varies. The lowest 10% of earners make about $39,000 per year. The highest 10% earn over $177,500 annually. Most advisors fall in the middle, earning between $76,773 and $101,955 each year. This range shows that with experience and expertise, there is significant potential for growth in this career.
What are the highest paying cities for a Financial Advisor near Rochester, NY?

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Poughkeepsie, NY
Average Salary: $94,501
In Poughkeepsie, financial professionals enjoy a blend of urban and suburban settings. The area is home to several financial institutions, offering diverse opportunities. Companies like TD Bank and HSBC provide a solid platform for growth.
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Syracuse, NY
Average Salary: $94,231
Syracuse offers a vibrant job market for financial experts. The city's economy thrives with companies like KeyBank and M&T Bank. Working here means being part of a community that values financial stability and growth.
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Schenectady, NY
Average Salary: $92,484
Schenectady provides a dynamic environment for financial advisors. The city is known for its strong financial sector, including companies like Capital One and Bank of America. Professionals here benefit from a supportive community and excellent career prospects.
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Watertown, NY
Average Salary: $82,810
Watertown offers a peaceful yet rewarding place to work in finance. The city is home to financial institutions like HSBC and Chase. Working here means enjoying a lower cost of living while being part of a growing financial sector.
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Albany, NY
Average Salary: $79,905
Albany, the capital city, is a hub for financial services. Companies like JP Morgan Chase and Wells Fargo are prominent here. Financial professionals in Albany enjoy a mix of urban life and professional opportunities.
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Buffalo, NY
Average Salary: $78,822
Buffalo provides a robust market for financial advisors. The city is home to major banks like M&T Bank and KeyBank. Working in Buffalo means being part of a thriving financial community with many growth opportunities.
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Oswego, NY
Average Salary: $78,615
Oswego offers a smaller, community-focused environment for financial professionals. The city is served by banks like Chase and TD Bank. Working here means enjoying a lower cost of living and a close-knit professional community.
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Saratoga Springs, NY
Average Salary: $76,550
Saratoga Springs combines a charming atmosphere with strong financial opportunities. The city is home to financial institutions like HSBC and Bank of America. Working here means being part of a vibrant community with excellent career prospects.
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Binghamton, NY
Average Salary: $68,830
Binghamton offers a balanced environment for financial professionals. The city is served by major banks like Wells Fargo and Chase. Working in Binghamton means enjoying a mix of urban amenities and professional growth.
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Jamestown, NY
Average Salary: $64,632
Jamestown provides a supportive environment for financial experts. The city is home to financial institutions like HSBC and Chase. Working here means enjoying a lower cost of living and being part of a growing financial community.
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What are the best paying companies for a Financial Advisor in Rochester, NY?

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Deloitte
Average Salary: $93,743
Deloitte is a global leader in consulting and financial services. They offer Financial Advisor jobs in Rochester, NY, with a focus on providing comprehensive financial planning. Deloitte operates in multiple locations worldwide, ensuring a dynamic work environment.
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Equitable Advisors
Average Salary: $93,333
Equitable Advisors is a well-known firm specializing in financial services. They offer Financial Advisor positions in Rochester, NY, with a strong emphasis on personalized financial planning. The company operates in various locations across the United States.
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New York Life
Average Salary: $85,173
New York Life is a leading insurance company that provides Financial Advisor jobs in Rochester, NY. They focus on life insurance and retirement planning. New York Life operates in many locations across the country, offering a stable and reputable work environment.
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Magellan Health Services
Average Salary: $61,670
Magellan Health Services offers Financial Advisor jobs in Rochester, NY, with a focus on health care and benefits management. They provide a supportive work environment and operate in multiple locations nationwide.
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University of Rochester
Average Salary: $43,047
The University of Rochester offers Financial Advisor positions in Rochester, NY, with a focus on managing the financial needs of the university community. They operate in Rochester, NY, and provide a unique work environment within an educational institution.
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TEKsystems
Average Salary: $37,750
TEKsystems is a global IT staffing and services company that offers Financial Advisor jobs in Rochester, NY. They focus on providing financial services and consulting. TEKsystems operates in many locations worldwide, offering diverse career opportunities.
What are the best paying Financial Advisor related jobs in Rochester, NY?

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Underwriting Manager
Average Salary: $153,229
This role involves assessing risk for clients. Managers work with companies to determine the best insurance options. They analyze data and make decisions that impact clients' coverage.
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Risk Management Manager
Average Salary: $125,384
This position focuses on identifying and managing risks. Managers work with local businesses to create strategies. They ensure companies are prepared for potential challenges.
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Investment Banker
Average Salary: $124,648
Investment bankers help clients with financial decisions. They work with companies to raise capital. Bankers advise on mergers, acquisitions, and investments.
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Risk Management Director
Average Salary: $116,277
Directors oversee risk management strategies. They lead teams to protect clients' assets. Directors work with local firms to develop risk plans.
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Portfolio Manager
Average Salary: $100,041
Portfolio managers oversee investment portfolios. They work with clients to achieve financial goals. Managers select investments and monitor performance.
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Analyst
Average Salary: $92,623
Analysts gather and interpret data. They provide insights to help companies make decisions. Analysts work with local businesses to improve operations.
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Wealth Management Advisor
Average Salary: $84,469
Advisors help clients manage their wealth. They create financial plans and offer investment advice. Advisors work with individuals to reach their financial goals.
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Risk Specialist
Average Salary: $81,774
Risk specialists identify potential risks. They work with companies to develop mitigation plans. Specialists analyze data to protect clients' interests.
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Risk Analyst
Average Salary: $81,644
Analysts assess risks for companies. They gather and analyze data to identify potential threats. Analysts work with local firms to create risk management strategies.
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Loss Control Consultant
Average Salary: $79,507
Consultants help companies reduce losses. They analyze data to identify risks. Consultants develop strategies to protect clients' assets.
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