Financial Advisor Salaries & Top Paying Companies in Woburn, MA

Position

City

Salary

How much does a Financial Advisor make in Woburn, MA?

The average salary for a Financial Advisor is $113,160 per year in Woburn, MA.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $113,160 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $9,430 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $2,176 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $54 with varying distribution percentages across salary ranges.

Financial advisors in Woburn, MA, enjoy a rewarding career with a competitive salary. On average, these professionals earn around $113,160 annually. This figure reflects the high level of expertise and trust clients place in their advisors. A well-qualified advisor can make even more, with the top earners reaching up to $155,500 per year.

The salary distribution shows that most financial advisors earn between $84,032 and $99,914 each year. This range indicates the potential for growth and higher earnings with experience and additional qualifications. The demand for financial planning services remains strong, especially in a dynamic area like Woburn. This demand helps financial advisors secure attractive compensation packages.

What are the highest paying cities for a Financial Advisor near Woburn, MA?

Financial advisors near Woburn, MA, can find lucrative opportunities in nearby cities. Framingham offers the highest average salary of $111,435, providing an attractive option for job seekers. Wakefield, Andover, and Marlborough also offer competitive salaries, making these areas worth exploring for career growth in financial advising.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Woburn, MA, highlighting Framingham, MA with the highest at $111,435 and Cambridge, MA with the lowest at $77,691.

Framingham, MA
Average Salary: $111,435
In Framingham, individuals in financial roles thrive with well-known firms like State Street Corporation and Fidelity Investments. These positions offer robust opportunities to work with diverse clients and grow professionally.
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Wakefield, MA
Average Salary: $110,560
Wakefield provides a steady environment for those in the financial sector, with companies such as TD Bank and Charles Schwab offering solid career paths. These organizations value strong analytical skills and client service.
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Andover, MA
Average Salary: $94,910
Andover’s financial landscape includes reputable firms like John Hancock and MassMutual. These jobs often involve working with high-net-worth individuals and offer excellent growth potential.
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Marlborough, MA
Average Salary: $93,581
In Marlborough, financial professionals benefit from a strong community and supportive firms such as Raytheon Technologies and Encore Capital Group. These companies emphasize teamwork and continuous learning.
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Burlington, MA
Average Salary: $91,527
Burlington offers a vibrant financial environment with companies like Liberty Mutual Insurance and Raytheon Technologies. These organizations focus on innovation and client satisfaction, providing a dynamic work experience.
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Newton, MA
Average Salary: $91,219
Newton’s financial sector is robust, with firms such as Fidelity Investments and Blue Cross Blue Shield of Massachusetts. These roles often include extensive training and a collaborative atmosphere.
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Cambridge, MA
Average Salary: $77,691
Cambridge provides a thriving environment for financial professionals, with institutions like Fidelity Investments and Harvard Management Company. Working here means being part of a prestigious and innovative community.
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What are the best paying companies for a Financial Advisor in Woburn, MA?

Northwestern Mutual leads the way for financial advisors in Woburn, MA, offering an average salary of $116,737. Baystate Financial also provides a competitive salary of $90,000. These companies offer a strong financial foundation and excellent benefits.

Graph displaying best paying company salaries for Financial Advisor jobs in Woburn, MA, highlighting Northwestern Mutual with the highest at $116,737 and Baystate Financial with the lowest at $90,000.

Northwestern Mutual
Average Salary: $116,737
Northwestern Mutual offers rewarding roles for Financial Advisors in Woburn, MA. They focus on comprehensive financial planning to help clients reach their goals. The company has locations throughout the city, providing ample opportunities for career growth.
Baystate Financial
Average Salary: $90,000
Baystate Financial provides Financial Advisors with a supportive environment in Woburn, MA. They specialize in personalized financial strategies to suit individual client needs. Their offices are conveniently located, allowing for flexible work arrangements.

What are the best paying Financial Advisor related jobs in Woburn, MA?

Portfolio Managers in Woburn, MA, earn the highest average salary of about $160,000. They work to create and manage investment portfolios for clients. Wealth Management Advisors follow closely, with an average salary of $140,774, focusing on helping clients grow their wealth over time. Loss Control Consultants also enjoy a strong average salary of $120,000. They advise businesses on ways to reduce losses and improve safety. These jobs offer competitive pay and opportunities for career growth in the financial sector.

Graph displaying best paying related job salaries for Financial Advisor jobs near Woburn, MA, highlighting Portfolio Manager with the highest at $160,000 and Personal Banker with the lowest at $49,761.

Portfolio Manager
Average Salary: $160,000
Portfolio Managers work with clients to build and manage investment portfolios. They often collaborate with financial institutions and insurance companies. Local firms such as Fidelity and State Street offer opportunities.
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Wealth Management Advisor
Average Salary: $140,774
Wealth Management Advisors provide personalized financial planning. They help clients manage investments and assets. Firms like Edward Jones and Merrill Lynch offer roles in the area.
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Loss Control Consultant
Average Salary: $120,000
Loss Control Consultants work with businesses to minimize risks and lower insurance costs. They analyze risks and recommend strategies. Companies like Chubb and Travelers seek professionals in this field.
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Acquisitions Specialist
Average Salary: $96,000
Acquisitions Specialists assist companies in mergers and acquisitions. They evaluate targets and negotiate deals. Financial firms and corporations in Woburn look for skilled specialists.
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Analyst
Average Salary: $90,313
Analysts evaluate financial data and market trends. They prepare reports to guide investment decisions. Local banks and financial companies need strong analytical skills.
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Underwriting Manager
Average Salary: $85,000
Underwriting Managers oversee the risk assessment process. They decide which risks to take on. Underwriters work for insurance firms and banks, assessing applications.
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Underwriter
Average Salary: $53,425
Underwriters evaluate risk for insurance policies. They decide which clients to insure. Local companies look for knowledgeable underwriters to manage their portfolios.
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Personal Banker
Average Salary: $49,761
Personal Bankers help clients with their financial needs. They offer banking services and financial advice. Banks like Bank of America and TD Bank provide these positions.
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Financial Advisor Salary in Woburn, MA

How much does a Financial Advisor make in Woburn, MA?

What are the highest paying cities for a Financial Advisor near Woburn, MA?

What are the best paying companies for a Financial Advisor in Woburn, MA?

Currently 2,256 Financial Advisor job openings, nationwide.

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