BLS Official Data · OEWS May 2025

Personal Financial Advisors in Massachusetts

$172,430 / year · average (mean) annual wage
$82.9 per hour

▲ 10.1% above U.S. average4th of 49 states

Source: U.S. Bureau of Labor Statistics Dataset: OEWS May 2025 Published: May 2026 Coverage: All 50 States + DC
Average$172,430per year
Median$125,670per year
Hourly$82.9per hour
10th – 90th percentile$58,510 – $478,850per year

Personal Financial Advisors Pay Range in Massachusetts

Pay distribution across experience levels

  • 10th Percentile — Entry Level$58,510
  • 25th Percentile — Junior$83,810
  • 50th Percentile — Median$125,670
  • 75th Percentile — Senior$174,720
  • 90th Percentile — Top Earners$478,850

Half of Personal Financial Advisors in Massachusetts earn more than $125,670. The top 10% make $478,850 or more, while entry-level workers start around $58,510.

Personal Financial Advisors in Massachusetts: Key Facts

Source: BLS OEWS May 2025

  • Massachusetts ranks 4th of 49 states for Personal Financial Advisors pay, at $172,430 per year (10.1% above the U.S. average of $156,670).
  • Pay range: the lowest-paid 10% earn under $58,510; the top 10% earn over $478,850.
  • Hourly equivalent: $82.9 per hour (2,080 hours/year).
  • The highest-paying state is New York at $210,310.
  • Among business jobs in Massachusetts, Management Analysts pays the most ($147,080).

Personal Financial Advisors Job Market in Massachusetts

Key factors affecting compensation

Massachusetts's key industries are Healthcare, Education, Technology, and its job market is rated very strong. Personal Financial Advisors here earn $172,430 on average, placing the state 4th nationally.

With a cost-of-living index of 1.3 (U.S. = 1.00), a Massachusetts salary of $172,430 is roughly equivalent to $132,638 at the national average cost of living.

Compared with nearby states in the pay ranking, New York ($210,310), New Jersey ($191,890), South Dakota ($175,820) are the closest alternatives for Personal Financial Advisors weighing a move.

U.S. Bureau of Labor Statistics · Occupational Employment and Wage Statistics (OES) · May 2025

Related career salary benchmarks

Frequently Asked Questions

Common questions about this salary

What is the average Personal Financial Advisors salary in Massachusetts?

The average Personal Financial Advisors salary in Massachusetts is $172,430 per year (median $125,670), which is 10.1% above the national average of $156,670.

How does Massachusetts rank for Personal Financial Advisors pay?

Massachusetts ranks 4th out of 49 states. The highest-paying state is New York ($210,310/yr).

How much do entry-level Personal Financial Advisors make in Massachusetts?

The lowest-paid 10% of Personal Financial Advisors in Massachusetts earn about $58,510 per year and the 25th percentile is $83,810.

How much do Personal Financial Advisors make per hour in Massachusetts?

About $82.9 per hour, based on the $172,430 annual average and 2,080 working hours per year.

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