Wealth Management Advisor Salaries & Top Paying Companies in Rochester, NY

Position

City

Salary

How much does a Wealth Management Advisor make in Rochester, NY?

The average salary for a Wealth Management Advisor is $102,771 per year in Rochester, NY.

Graph depicting the yearly salary distribution for Wealth Management Advisor jobs in Rochester, NY, showing an average salary of $102,771 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Wealth Management Advisor jobs in Rochester, NY, showing an average salary of $8,564 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Wealth Management Advisor jobs in Rochester, NY, showing an average salary of $1,976 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Wealth Management Advisor jobs in Rochester, NY, showing an average salary of $49 with varying distribution percentages across salary ranges.

In Rochester, NY, Wealth Management Advisors can expect a competitive salary. The average yearly salary is around $102,771. This is a solid income, especially for those with a career in financial services. Understanding the salary range can help job seekers set realistic expectations and make informed decisions.

Here is a breakdown of the salary distribution:

Less than $62,400: 31.67%
$62,400 - $72,864: 0.00%
$72,864 - $83,327: 6.33%
$83,327 - $93,791: 25.33%
$93,791 - $104,255: 6.33%
$104,255 - $114,718: 6.33%
$114,718 - $125,182: 0.00%
$125,182 - $135,645: 0.00%
$135,645 - $146,109: 0.00%
$146,109 - $156,573: 6.33%
$156,573 - $167,036: 12.67%
$167,036 - $177,500: 6.33%

Understanding these numbers can help job seekers see where they might fall within the salary range based on their experience and qualifications.

What are the highest paying cities for a Wealth Management Advisor near Rochester, NY?

Buffalo, NY, offers the highest average salary for Wealth Management Advisors near Rochester, NY, at around $107,212. With a strong financial sector, this city presents many opportunities for professionals in this field. Syracuse, NY, and Albany, NY, also provide attractive salaries for Wealth Management Advisors at $88,986 and $85,091, respectively.

Graph displaying highest paying cities salaries for Wealth Management Advisor jobs near Rochester, NY, highlighting Buffalo, NY with the highest at $107,212 and Albany, NY with the lowest at $85,091.

Buffalo, NY
Average Salary: $107,212
In Buffalo, financial experts thrive in a city with a strong economic foundation. Many work for major financial institutions, helping clients manage investments and retirement plans. The market offers stability and opportunities for growth.
Find Wealth Management Advisor jobs in Buffalo, NY
Syracuse, NY
Average Salary: $88,986
Syracuse provides a growing market for financial advisors. It is a city with diverse opportunities, including positions with well-known regional banks. Working here means helping individuals and families secure their financial future.
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Albany, NY
Average Salary: $85,091
Albany offers a rich environment for financial professionals. The state capital's strong financial sector includes jobs with prominent banks and investment firms. Advisors here play a key role in guiding clients through financial planning and investment strategies.
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What are the best paying companies for a Wealth Management Advisor in Rochester, NY?

Equitable stands out as a top employer for Wealth Management Advisors in Rochester, NY, offering an average salary of $98,500. This leading company provides a competitive compensation package. JPMorgan Chase follows closely, with an average salary of $63,390, making it another great option for those seeking rewarding opportunities in wealth management.

Graph displaying best paying company salaries for Wealth Management Advisor jobs in Rochester, NY, highlighting Equitable with the highest at $98,500 and JPMorgan Chase with the lowest at $63,390.

Equitable
Average Salary: $98,500
Equitable offers Wealth Management Advisor jobs with a focus on financial planning and personalized service. Based in New York, the company also has offices in major cities across the U.S. and provides comprehensive benefits and growth opportunities.
JPMorgan Chase
Average Salary: $63,390
At JPMorgan Chase, Wealth Management Advisors work with clients to grow and protect their wealth. Located in Rochester, NY, and with branches nationwide, JPMorgan Chase emphasizes client service and professional development. They offer a supportive work environment and competitive compensation packages.

What are the best paying Wealth Management Advisor related jobs in Rochester, NY?

Opportunities in wealth management in Rochester, NY, offer competitive salaries. Risk Management Directors and Investment Bankers top the list with annual earnings over $200,000. Portfolio Managers and Trust Officers also provide lucrative career paths in this sector.

Graph displaying best paying related job salaries for Wealth Management Advisor jobs near Rochester, NY, highlighting Risk Management Director with the highest at $233,027 and Financial Advisor with the lowest at $94,871.

Risk Management Director
Average Salary: $233,027
This role focuses on overseeing the risk management strategy within a company. In Rochester, NY, you can find this position in major financial institutions like KeyBank and Blue Cross Blue Shield of Western New York. You will ensure that the company adheres to all risk management policies.
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Investment Banker
Average Salary: $165,662
Investment bankers work with companies and individuals to arrange financing for major deals. In Rochester, top firms like Merrill Lynch and UBS often hire for these positions. They prepare reports, analyze data, and provide investment strategies.
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Underwriting Manager
Average Salary: $135,364
An underwriting manager oversees the underwriting process for insurance products. In Rochester, NY, companies like Liberty Mutual and Safeco Insurance hire these professionals. They review and approve insurance applications and manage underwriting staff.
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Risk Management Manager
Average Salary: $133,905
This role involves managing the risk management team within a company. In Rochester, NY, roles can be found with firms like Ameriprise Financial and Principal Financial Group. They develop and implement risk management plans to protect the company's assets.
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Loss Control Consultant
Average Salary: $121,467
Loss control consultants help companies reduce risks and prevent losses. In Rochester, NY, you can find roles with firms like Zurich North America and Travelers. They conduct risk assessments and provide recommendations to mitigate potential losses.
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Trust Officer
Average Salary: $120,714
Trust officers manage clients' assets within a trust. In Rochester, NY, firms like Morgan Stanley and UBS hire for these roles. They ensure that the trust's assets are managed according to the client's wishes and legal requirements.
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Portfolio Manager
Average Salary: $112,979
Portfolio managers oversee investment portfolios for clients. In Rochester, NY, you can find roles with firms like Merrill Lynch and Morgan Stanley. They analyze market trends, make investment decisions, and monitor portfolio performance.
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Risk Analyst
Average Salary: $103,582
Risk analysts evaluate financial risks for companies. In Rochester, NY, roles can be found with firms like Liberty Mutual and Safeco Insurance. They analyze data, prepare reports, and provide risk management recommendations.
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Asset Manager
Average Salary: $96,892
Asset managers oversee the investment portfolios of clients. In Rochester, NY, roles can be found with firms like BlackRock and T. Rowe Price. They make investment decisions, monitor performance, and ensure compliance with regulations.
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Financial Advisor
Average Salary: $94,871
Financial advisors provide clients with investment and financial planning services. In Rochester, NY, roles can be found with firms like Merrill Lynch and Edward Jones. They help clients achieve their financial goals through personalized advice.
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Wealth Management Advisor Salary in Rochester, NY

How much does a Wealth Management Advisor make in Rochester, NY?

What are the highest paying cities for a Wealth Management Advisor near Rochester, NY?

What are the best paying companies for a Wealth Management Advisor in Rochester, NY?

Currently 415 Wealth Management Advisor job openings, nationwide.

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

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