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 $114,442 per year in Woburn, MA.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Woburn, MA, showing an average salary of $114,442 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 $9,537 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 $2,201 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 $55 with varying distribution percentages across salary ranges.

A Financial Advisor in Woburn, MA makes an average of $114,442 per year. This figure reflects the median salary, where half of the Financial Advisors earn more and half earn less. Earnings can vary based on experience, education, and the specific responsibilities of the role.

When looking at the salary range, it starts at around $90,000 and can go up to $149,545. The most common salary range falls between $95,955 and $143,591. The top earners in this profession typically have more years of experience and a strong track record of client satisfaction and asset management. These factors often lead to higher commissions and bonuses.

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

Financial advisors near Woburn, MA, can find some of the best pay in Wakefield, MA, with an average salary of $115,765. Other top-paying cities in the region include Framingham and Marlborough, where financial advisors earn around $105,997 and $104,433, respectively. These areas offer strong career opportunities for those in the financial sector. For those open to slightly farther locales, Burlington and Arlington provide average salaries around $92,000. Newton and Andover are also solid options, with financial advisor positions averaging around $90,000. Cambridge, while lower in average salary at around $81,000, still provides good opportunities for professionals in the field.

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 $81,012.

Wakefield, MA
Average Salary: $115,765
Wakefield offers a strong community for those in financial services. Professionals here often work with top firms, providing personalized advice. The average salary is competitive, making it a great choice for experienced advisors.
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Framingham, MA
Average Salary: $105,997
In Framingham, financial professionals enjoy working with reputable companies. The city’s growing economy offers many opportunities. With a solid average salary, it’s an excellent place for career growth.
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Marlborough, MA
Average Salary: $104,433
Marlborough is home to several well-known firms in the financial sector. Working here means you’ll have access to top resources and a supportive community. The average salary here is attractive, making it a desirable location.
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Andover, MA
Average Salary: $103,632
Andover offers a friendly environment for financial professionals. Companies here value strong relationships and personalized service. The average salary is good, and the quality of life is high.
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Arlington, MA
Average Salary: $98,270
Arlington has a vibrant financial sector with many opportunities for growth. Professionals here often work with innovative firms. The average salary is competitive, making it a great place to advance your career.
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Newton, MA
Average Salary: $92,371
Newton provides a great environment for financial advisors. Many companies here focus on long-term client relationships. With a solid average salary, it’s an excellent choice for those looking to build a career.
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Burlington, MA
Average Salary: $92,221
Burlington offers a dynamic financial services industry. Advisors here work with a variety of clients, often benefiting from strong company support. The average salary is quite appealing, making it a good place for professionals.
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Cambridge, MA
Average Salary: $81,012
Cambridge is known for its prestigious financial firms. Working here means access to cutting-edge resources and a competitive salary. The city’s vibrant community also provides a rewarding work environment.
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What are the best paying companies for a Financial Advisor in Woburn, MA?

Northwestern Mutual stands out as a top employer for financial advisors in Woburn, MA, offering an average salary of $123,677. This company provides excellent benefits and opportunities for growth. Baystate Financial also pays well, with an average salary of $90,000 for its advisors, making it another strong option 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 $123,677 and Baystate Financial with the lowest at $90,000.

Northwestern Mutual
Average Salary: $123,677
At Northwestern Mutual, Financial Advisors work in a supportive environment. The company has offices in many locations, including Woburn, MA. They focus on providing financial planning and investment management services. Advisors often work with individuals and families to help them reach their financial goals.
Baystate Financial
Average Salary: $90,000
Baystate Financial offers rewarding Financial Advisor positions. Based in Woburn, MA, they offer a dynamic work environment. The company serves clients in the local area with a variety of financial services. Financial Advisors here collaborate closely with clients to create personalized financial strategies.

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

Portfolio managers in Woburn, MA, earn high salaries, averaging around $138,908. This role involves managing investment portfolios for clients, making it both challenging and rewarding. Another well-paying job is Wealth Management Advisor, where professionals guide clients on investment strategies, earning about $111,504 annually. These positions reflect the strong demand for skilled financial expertise in the area.

Graph displaying best paying related job salaries for Financial Advisor jobs near Woburn, MA, highlighting Portfolio Manager with the highest at $138,908 and Personal Banker with the lowest at $50,349.

Portfolio Manager
Average Salary: $138,908
Portfolio managers work with individuals and companies to create and maintain a collection of investments. They often work for financial institutions and asset management firms. In this role, the manager ensures that clients' investment goals are met through careful analysis and strategy.
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Loss Control Consultant
Average Salary: $120,000
Loss control consultants help businesses reduce risks that could lead to financial loss. They analyze business practices and recommend changes. Companies in the insurance sector frequently hire these professionals. They aim to prevent losses and reduce the cost of insurance for their clients.
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Wealth Management Advisor
Average Salary: $111,504
Wealth management advisors assist clients in managing their finances and investments. They provide personalized advice to help clients achieve their financial goals. These advisors often work for banks and investment firms. They help clients build and preserve wealth through careful planning and strategy.
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Acquisitions Specialist
Average Salary: $96,000
Acquisitions specialists focus on helping companies grow by acquiring other businesses. They analyze potential acquisitions and ensure they align with the company's goals. These specialists often work for consulting firms or in-house at larger corporations. They play a key role in expanding a company's market reach and capabilities.
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Analyst
Average Salary: $92,024
Analysts gather and interpret data to help businesses make informed decisions. They work in various industries, including finance and insurance. Analysts often prepare reports and present findings to senior management. Their work is crucial for developing strategies and improving business performance.
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Underwriting Manager
Average Salary: $85,000
Underwriting managers oversee the underwriting process for insurance companies. They ensure that the company takes on the right level of risk. They lead a team of underwriters and make decisions on approving insurance policies. These managers work to balance risk and profitability for the company.
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Risk Management Manager
Average Salary: $80,000
Risk management managers identify and assess potential risks for organizations. They develop strategies to mitigate these risks. These professionals often work in finance, healthcare, and manufacturing. Their goal is to protect the organization from financial and operational risks.
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Underwriter
Average Salary: $53,425
Underwriters evaluate the risk of insuring individuals and businesses. They assess applications and determine the terms of insurance policies. These professionals work for insurance companies and help set the premiums. Their decisions impact the company’s financial health and customer satisfaction.
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Personal Banker
Average Salary: $50,349
Personal bankers help clients with their banking needs. They offer services like account management and loan applications. Working in banks, they build relationships with customers to provide tailored financial advice. Their role is to ensure clients have access to the banking services they need.
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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 2,084 Financial Advisor job openings, nationwide.

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

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