Financial Advisor Pay

Newport vs Warwick: Financial Advisor Salary (2026)

Compare financial advisor salaries between Newport, RI and Warwick, RI. All figures are 2026 estimates projected from BLS 2025 data.

Newport, RI
$104,863
$50.41/hr
Warwick, RI
$88,237
$42.43/hr

Side-by-Side Comparison

MetricNewport, RIWarwick, RI
Median Salary$104,863$88,237
Hourly Rate$50.41$42.43
Entry Level (P10)$60,821$51,177
25th Percentile$75,501$63,531
75th Percentile$134,225$112,943
Top Earner (P90)$162,537$136,767
Total Employed616
Side-by-side bar chart comparing Newport ($104,863) and Warwick ($88,237) financial advisor salaries.NewportWarwickMedian Salary$104,863$88,237Entry Level (P10)$60,821$51,177Top Earner (P90)$162,537$136,767US Median $108,537

Verdict

Newport, RI offers better overall compensation for financial advisors, winning 3 out of 4 metrics compared to Warwick.

The salary gap between Newport and Warwick is $16,626 (18.84%). Newport's median is -3.39% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Newport spans $101,716,Warwick spans $85,590. Newport has a wider pay range, meaning more potential for high earners but also more variation.

Newport
P10 (Entry)$60,821
P25$75,501
Median$104,863
P75$134,225
P90 (Top)$162,537
Warwick
P10 (Entry)$51,177
P25$63,531
Median$88,237
P75$112,943
P90 (Top)$136,767

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Newport ($104,341 effective) pays 18.84% more than Warwick ($87,798 effective).

Newport
Nominal: $104,863
CoL Index: 100.5
Adjusted: $104,341
Warwick
Nominal: $88,237
CoL Index: 100.5
Adjusted: $87,798

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

Which City Is Right for You?

Choose Newport if…

  • Higher median salary ($104,863/year)
  • Better top-earner potential ($162,537)
  • Better purchasing power (CoL-adjusted: $104,341)
  • You prefer the Rhode Island area and lifestyle

Choose Warwick if…

  • Larger job market (16 employed)
  • You prefer the Rhode Island area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Newport grew -2.7% from 2024 to 2025, compared to -22.1% growth in Warwick over the same period.

Newport, RI

+-2.7%

$104,345 (2024) → $101,513 (2025)

Warwick, RI

+-22.1%

$109,634 (2024) → $85,418 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Newport or Warwick?

Newport has a higher median financial advisor salary at $104,863/year, compared to Warwick at $88,237/year — a difference of $16,626 (18.84%).

What is the hourly rate difference between Newport and Warwick?

Newport financial advisors earn $50.41/hr while Warwick hygienists earn $42.43/hr (2026 est.).

Should I relocate from Newport to Warwick as a financial advisor?

Consider more than just salary when comparing Newport and Warwick. Factor in cost of living (CoL-adjusted: Newport = $104,341, Warwick = $87,798), job availability (6 vs 16 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Newport vs Warwick?

Entry-level (10th percentile) financial advisors earn $60,821 in Newport and $51,177 in Warwick. The Newport 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