Personal Financial Advisor Salary in New York, NY
Personal Financial Advisors in the New York-Newark-Jersey City, NY-NJ metro area earn a median $170,050 a year — 62% more than the national median. After 2026 taxes, that is $118,502 take-home, or $9,875 a month.
Take-home pay calculator
Pre-filled with the median personal financial advisor salary in New York, NY. Enter your own offer to see your paycheck.
- Federal income tax$29,546
- Social Security (6.2%)$10,543
- Medicare (1.45%)$2,466
- New York income tax$8,993
- Take-home pay$118,502
Marginal rate: 24% federal + 5.90% state
Living in New York City? City residents also pay New York City’s city income tax — about $6,156 a year on this salary — which lowers take-home pay to $112,346 ($9,362 a month). Choose “New York City” under City income tax in the calculator. Suburban residents usually don’t pay it.
The New York-Newark-Jersey City, NY-NJ metro spans New York, New Jersey. Pick the state you live in — state income tax follows your residence.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Personal Financial Advisor pay by experience in New York, NY
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $81,520 | $39.19 | $62,374 | $5,198 |
| 25th percentile | $112,000 | $53.85 | $82,054 | $6,838 |
| Median (50th) | $170,050 | $81.75 | $118,502 | $9,875 |
| 75th percentile | $302,290+ | $145.33 | $199,067 | $16,589 |
| 90th percentile (top earners) | $420,630+ | $202.23 | $265,101 | $22,092 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, New York resident, 2026 tax rules.
What $170,050 buys in New York, NY
Prices in New York, NY are 12.6% higher than the U.S. average (housing costs are 1.49× the national average). Adjusted for local prices, a median personal financial advisor's $118,502 take-home pay has the buying power of $105,277 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
New York, NY has 1.5× the national concentration of personal financial advisor jobs — a strong local market for this occupation.
Best-paying cities for personal financial advisors, adjusted for cost of living
New York, NY ranks #1 of 23 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | New York, NY | $170,050 | $118,502 | $105,277 |
| 2 | Kansas City, MO | $123,140 | $90,582 | $97,881 |
| 3 | San Francisco, CA | $160,610 | $108,248 | $93,629 |
| 4 | Bridgeport, CT | $135,770 | $98,069 | $91,770 |
| 5 | Miami, FL | $125,670 | $97,161 | $85,114 |
| 6 | Philadelphia, PA | $116,560 | $87,252 | $85,079 |
| 7 | St. Louis, MO | $103,690 | $77,840 | $81,861 |
| 8 | Indianapolis, IN | $102,640 | $78,039 | $81,549 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 23 metros →
About the job: personal financial advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- Long-term on-the-job training
- Job outlook, 2025–35
- +1.4% (slower than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a personal financial advisor make in New York, NY?
The median personal financial advisor salary in the New York-Newark-Jersey City, NY-NJ metro area is $170,050 a year, or about $81.75 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $112,000 and $239,200+.
What is a personal financial advisor’s take-home pay in New York, NY?
On the median $170,050 salary, a single filer living in New York takes home about $118,502 a year ($9,875 a month) after federal tax, Social Security, Medicare and $8,993 in New York taxes in 2026.
Is New York, NY a good place to work as a personal financial advisor?
Pay here is 62% above the national median of $105,070. Local prices are 12.6% above the U.S. average, so the take-home pay buys what $105,277 would in a typical U.S. city. New York, NY ranks #1 of 23 metro areas for cost-of-living-adjusted pay in this job.
Can a personal financial advisor afford rent in New York, NY?
HUD’s fair market rent for a one-bedroom in New York, NY is $2,378 a month ($2,697 for two bedrooms) — 24% of a median personal financial advisor’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
Related jobs in New York, NY
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