SOC 13-2052 · May 2025 · BLS OEWS
Personal Financial Advisors — Boston
Boston-Cambridge-Newton, MA-NH · 4 metro areas compared
Median pay for this occupation in Boston, MA comes to $126,530 a year, ahead of the national median of $105,070 by 20.4%.
Wage distribution · annual
Shaded band holds the middle 50% of earners
How pay has moved
The next ten years
Projected to grow faster than average
- Change in jobs, 2024 to 2034
- +9.6%
- Openings per year
- 24,100
- Typical entry-level education
- Bachelor's degree
- On-the-job training
- Long-term on-the-job training
Includes jobs opened by workers leaving the occupation, not only new positions.
15.8% of people in this occupation work for themselves.
Projections are published nationally only. This is the outlook for the occupation across the United States, not a measurement for Boston-Cambridge-Newton, MA-NH.
Projections are based on 2024 employment and run to 2034. The wages above are from the May 2025 survey, a separate BLS programme on a different release cycle, so the two are not two views of one dataset.
Salary overview
Median pay for this occupation in Boston, MA comes to $126,530 a year, ahead of the national median of $105,070 by 20.4%. Pay ranges from under $58,540 at the tenth percentile to more than $486,690 at the ninetieth, with the interquartile range running from $83,810 to $176,060.
Within the state, Amherst Town records the highest median at $145,190. Of the 687 occupations with published wages in this area, it sits 87th.
Percentile breakdown
| Percentile | Annual | vs US median |
|---|---|---|
| 10th | $58,540 | −44.3% |
| 25th | $83,810 | −20.2% |
| Median (50th) | $126,530 | +20.4% |
| 75th | $176,060 | +67.6% |
| 90th | $486,690 | +363.2% |
| Mean | $176,780 | +68.2% |
Other metro areas in Massachusetts
| # | Metro area | Median | Jobs | Relative |
|---|---|---|---|---|
| 1 | Amherst Town | $145,190 | 40 | |
| 2 | Springfield | $127,870 | 200 | |
| 3 | Pittsfield | $125,900 | 70 | |
| 4 | Worcester | $120,400 | — |
What the pay is worth locally
Prices in Boston run 8.3% above the national average, so the median of $126,530 buys what $116,833 would elsewhere in the country. Measured that way the gap against the national median narrows to 11.2% above the national median in real terms.
Published median
$126,530as reported by BLSLocal price level
108.3US average = 100 · BEA 2024Adjusted for local prices
$116,833US average = 100 · BEA 2024Why the state that pays most is usually not where pay goes furthest
Key takeaways
- Median pay is $126,530 a year, 20.4% above the national median.
- Published pay spans $58,540 to $486,690 between the tenth and ninetieth percentiles.
- The highest-paying metro area covered is Amherst Town, at $145,190.
Frequently asked questions
What is the median wage for Personal Financial Advisors in Boston, MA?
The median annual wage is $126,530, or $60.83 per hour, as of May 2025. Half of the workers in this occupation earn more than that and half earn less.
Is that higher than the national average?
The national median for this occupation is $105,070, so pay in Boston, MA is 20.4% higher. These figures are medians, not averages: half of workers fall on each side.
What do the top earners make?
The top tenth of this occupation in Boston, MA earns more than $486,690 per year. The ninetieth percentile is the highest figure the survey publishes.
What is the starting range?
The tenth percentile wage is $58,540 per year. The survey measures wages actually paid rather than experience level, so this reflects the lowest-paid tenth rather than entry-level pay specifically.
Which area nearby pays the most?
The highest median for this occupation among the metro areas covered is in Amherst Town, at $145,190 per year.
Source and methodology
U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics, May 2025 Wages are for wage-and-salary workers; self-employed workers are not included. Salary Explorer is an independent project. It is not affiliated with, or endorsed by, the U.S. Bureau of Labor Statistics or any government agency. Full methodology.
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