Financial Advisor Pay

Fall River vs Springfield: Financial Advisor Salary (2026)

Compare financial advisor salaries between Fall River, MA and Springfield, MA. All figures are 2026 estimates projected from BLS 2025 data.

Fall River, MA
$129,031
$62.03/hr
Springfield, MA
$132,090
$63.51/hr

Side-by-Side Comparison

MetricFall River, MASpringfield, MA
Median Salary$129,031$132,090
Hourly Rate$62.03$63.51
Entry Level (P10)$74,838$52,476
25th Percentile$92,902$83,869
75th Percentile$165,160$193,429
Top Earner (P90)$199,998$443,643
Total Employed21200
Side-by-side bar chart comparing Fall River ($129,031) and Springfield ($132,090) financial advisor salaries.Fall RiverSpringfieldMedian Salary$129,031$132,090Entry Level (P10)$74,838$52,476Top Earner (P90)$199,998$443,643US Median $108,537

Verdict

Springfield, MA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Fall River.

The salary gap between Fall River and Springfield is $3,059 (2.37%). Springfield's median is +21.70% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Fall River spans $125,160,Springfield spans $391,167. Springfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Fall River
P10 (Entry)$74,838
P25$92,902
Median$129,031
P75$165,160
P90 (Top)$199,998
Springfield
P10 (Entry)$52,476
P25$83,869
Median$132,090
P75$193,429
P90 (Top)$443,643

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Springfield ($137,506 effective) pays 15.63% more than Fall River ($118,923 effective).

Fall River
Nominal: $129,031
CoL Index: 108.5
Adjusted: $118,923
Springfield
Nominal: $132,090
CoL Index: 96.061
Adjusted: $137,506

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Fall River if…

  • You prefer the Massachusetts area and lifestyle

Choose Springfield if…

  • Higher median salary ($132,090/year)
  • Better top-earner potential ($443,643)
  • Larger job market (200 employed)
  • Better purchasing power (CoL-adjusted: $137,506)
  • You prefer the Massachusetts area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Fall River grew -23.3% from 2024 to 2025, compared to 107.0% growth in Springfield over the same period.

Fall River, MA

+-23.3%

$162,807 (2024) → $124,909 (2025)

Springfield, MA

+107.0%

$61,780 (2019) → $127,870 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Fall River or Springfield?

Springfield has a higher median financial advisor salary at $132,090/year, compared to Fall River at $129,031/year — a difference of $3,059 (2.37%).

What is the hourly rate difference between Fall River and Springfield?

Fall River financial advisors earn $62.03/hr while Springfield hygienists earn $63.51/hr (2026 est.).

Should I relocate from Fall River to Springfield as a financial advisor?

Consider more than just salary when comparing Fall River and Springfield. Factor in cost of living (CoL-adjusted: Fall River = $118,923, Springfield = $137,506), job availability (21 vs 200 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Fall River vs Springfield?

Entry-level (10th percentile) financial advisors earn $74,838 in Fall River and $52,476 in Springfield. The Fall River area offers higher starting salaries.
JL

Written by Jordan Lee, CFP

Career Analyst

Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov