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 $113,292 per year in Woburn, MA.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $113,292 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 $9,441 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 $2,179 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.

In Woburn, MA, Financial Advisors earn a competitive salary. On average, they make about $113,292 per year. This income can vary based on experience and the complexity of the clients they serve. Most Financial Advisors in this area earn between $84,032 and $139,618 yearly.

The distribution of salaries shows that a significant number of Financial Advisors in Woburn earn above the national average. About 56.67% of them earn between $84,032 and $147,559. The higher earners, around 41.67%, make $99,914 or more. These figures highlight the potential for good earnings in this career field in Woburn.

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

Financial advisors near Woburn, MA, can find attractive opportunities in several nearby cities. Wakefield, MA, leads with an average salary of $115,765, offering top compensation for professionals in the area. Framingham, MA, also presents high salaries at $113,641, making it another excellent choice for those seeking a lucrative career. Additionally, Marlborough, MA, and Andover, MA, provide competitive average salaries of $104,433 and $101,390, respectively. These cities provide a blend of professional opportunities and strong earnings, making them desirable locations for financial advisors.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Woburn, MA, highlighting Wakefield, MA with the highest at $115,765 and Cambridge, MA with the lowest at $80,755.

Wakefield, MA
Average Salary: $115,765
In Wakefield, you will find a chance to work with leading financial institutions. Companies like Fidelity Investments and State Street Corporation offer exciting opportunities. These firms value skilled professionals who can deliver solid financial advice.
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Framingham, MA
Average Salary: $113,641
Framingham is home to some of the region’s top financial firms. Working here means collaborating with experts at companies such as MFS Investment Management and Boston Financial. Your expertise will be in high demand, with many clients seeking personalized financial planning.
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Marlborough, MA
Average Salary: $104,433
Marlborough offers a blend of corporate and boutique experiences. At firms like Charles Schwab and Sun Life Financial, you can work on diverse financial strategies. These companies offer a dynamic environment where your insights can make a significant impact.
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Andover, MA
Average Salary: $101,390
Andover provides a supportive setting for financial professionals. Working here often means dealing with local and regional clients, gaining valuable experience. Companies like MassMutual and State Street Corporation are notable employers looking for dedicated advisors.
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Newton, MA
Average Salary: $94,853
In Newton, you can expect to engage with a high concentration of affluent clients. Working with firms such as John Hancock and Fidelity Investments, you will offer tailored financial solutions. Your role will be vital in helping clients achieve their financial goals.
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Burlington, MA
Average Salary: $90,323
Burlington is known for its entrepreneurial spirit and innovation. Companies like Fidelity Investments and Charles Schwab are active here. Your work will involve guiding clients through complex financial landscapes, ensuring their long-term success.
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Cambridge, MA
Average Salary: $80,755
Cambridge offers a vibrant community of tech and finance. Companies like Fidelity Investments and Wellington Management are prominent here. Working in this environment means having access to cutting-edge financial tools and strategies.
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What are the best paying companies for a Financial Advisor in Woburn, MA?

Northwestern Mutual offers top salaries for Financial Advisors in Woburn, MA, with an average of $121,189 per year. This company values skilled financial professionals and provides competitive compensation packages. Baystate Financial also offers a strong salary of $90,000 on average for Financial Advisors in the area, making it another excellent choice for those in the field.

Graph displaying best paying company salaries for Financial Advisor jobs in Woburn, MA, highlighting Northwestern Mutual with the highest at $121,189 and Baystate Financial with the lowest at $90,000.

Northwestern Mutual
Average Salary: $121,189
Northwestern Mutual offers rewarding Financial Advisor roles in Woburn, MA. They provide a supportive environment to help clients manage their finances. The company has offices nationwide.
Baystate Financial
Average Salary: $90,000
Baystate Financial is known for its excellent Financial Advisor positions in Woburn, MA. They offer personalized financial planning services. Baystate Financial operates in several locations across Massachusetts.

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

Top earners in the financial sector in Woburn, MA, work as Portfolio Managers, with an average salary of $125,500. Wealth Management Advisors follow closely, making around $124,169 per year. Both roles require expertise in financial planning and investment strategies, offering stable and lucrative career paths. Loss Control Consultants and Acquisitions Specialists also stand out with average salaries of $120,000 and $96,000, respectively. These positions demand strong analytical skills and a deep understanding of risk management. For those with a knack for data analysis, roles such as Analyst and Underwriting Manager can yield average salaries of $92,024 and $85,000, respectively.

Graph displaying best paying related job salaries for Financial Advisor jobs near Woburn, MA, highlighting Portfolio Manager with the highest at $125,500 and Personal Banker with the lowest at $50,349.

Portfolio Manager
Average Salary: $125,500
Portfolio managers analyze and make decisions to buy, hold, and sell investments. They work for firms, overseeing client portfolios. They adjust portfolios to meet investment goals and market conditions. Many opportunities exist in wealth management firms.
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Wealth Management Advisor
Average Salary: $124,169
Wealth management advisors provide financial planning and investment advice. They work closely with clients to understand their financial goals. These advisors often work for financial institutions or independent firms. They help clients create strategies to grow and protect their wealth.
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Loss Control Consultant
Average Salary: $120,000
Loss control consultants help businesses manage risks. They analyze operations to reduce potential losses. These consultants work for insurance companies or risk management firms. They provide recommendations to improve safety and minimize risk.
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Acquisitions Specialist
Average Salary: $96,000
Acquisitions specialists focus on identifying and acquiring businesses. They work for investment firms and corporate departments. These specialists evaluate potential targets and negotiate deals. They play a key role in growing a company's assets and market share.
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Analyst
Average Salary: $92,024
Analysts gather and interpret data to support decision-making. They work in various industries, including finance and insurance. Analysts prepare reports and present findings to management. Their work helps organizations make informed strategic decisions.
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Underwriting Manager
Average Salary: $85,000
Underwriting managers oversee the underwriting process for insurance companies. They assess risks and determine coverage terms. Managers work to balance risk and profitability. They lead teams of underwriters in evaluating applications.
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Risk Management Manager
Average Salary: $80,000
Risk management managers identify and mitigate potential risks for organizations. They develop strategies to protect assets and operations. Managers work in corporate settings or consulting firms. They ensure companies are prepared for unforeseen events.
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Underwriter
Average Salary: $53,425
Underwriters evaluate the risk of insuring individuals and businesses. They assess applications and determine coverage terms. They work for insurance companies and need strong analytical skills. Underwriters play a crucial role in managing company risk.
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Personal Banker
Average Salary: $50,349
Personal bankers serve clients, offering banking services and financial advice. They work for banks and credit unions. Bankers help clients with accounts, loans, and investments. They build relationships to provide personalized financial support.
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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 1,884 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

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