Financial Advisor Salary in Manchester, CT: $128,732 (2026)
Quick Answer:A full-time financial advisor in Manchester, CT earns a median $128,732/year (≈ $61.89/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Manchester's price level (8% above national, BEA RPP 107.9), that paycheck buys what $119,307 would nationally. Nominal pay sits 0.8% above the Connecticut state average.
Based on BLS state-level estimates · View source
In Manchester, Connecticut, the projected median annual salary for financial advisors in 2026 reaches $128,732, which surpasses the national median of $108,537 by approximately 18.61%. This salary encompasses a range from $74,665 at the lower end to $199,535 for those in the 90th percentile, highlighting a diverse market for financial advisor pay in Manchester CT. Local estimates derived from 2025 BLS data and regional cost adjustments reflect the area's compensation landscape, with the variation in earnings often driven by the structural divide between wirehouses and Registered Investment Advisors (RIAs). The evolving compensation models, particularly the asset under management (AUM) fee structure adopted by RIAs, contribute significantly to the disparities in pay, as advisors managing larger portfolios typically receive higher compensation.
About the Manchester Market
Salary estimated from Connecticut average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $74,665 | $35.90 |
| Lower Range (P25) | $92,687 | $44.56 |
| Median (P50)(typical) | $128,732 | $61.89 |
| Upper Range (P75) | $164,778 | $79.22 |
| Top Earners (P90) | $199,535 | $95.93 |
Median Salary Position
18.61% above the national average
2026 Salary Percentile Distribution in Manchester
In Manchester, CT, the financial advisor salary spread from the 10th to 90th percentile is $124,870 (2026 est.). At $128,732, the local median is 18.61% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Manchester: You'd be in the lower-middle range
How Manchester Financial Advisor Pay Compares
Manchester median: $128,732/year (2026)
| Compared To | Median Salary | Manchester Pays |
|---|---|---|
| Connecticut Average | $127,711 | +0.80% more |
| National Average | $108,537 | +18.61% more |
Financial Advisors in Manchester, CT earn a median of $128,732 per year (2026 est.), which is 18.61% higher than the national median of $108,537 and 0.80% above the Connecticut state average of $127,711.
Cost-of-Living Adjusted Salary
Manchester has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Manchester, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $128,732 is competitive, the higher cost of living reduces purchasing power to an effective $119,307 — a 7.32% reduction.
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2019 BLS Actual
$104,196
2025 BLS Actual
$124,620
2026 Current Est.
$128,732
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Manchester (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $104,196 | Actual |
| 2020 | $105,951 | Actual |
| 2021 | $111,692 | Actual |
| 2022 | $113,139 | Actual |
| 2023 | $118,108 | Actual |
| 2024 | $161,048 | Actual |
| 2025 | $124,620 | Actual |
| 2026(current) | $128,732 | Estimated |
| 2027 | $132,981 | Projected |
Based on 7 years of BLS OEWS data for the Manchester metropolitan area, the median financial advisor salary grew 19.6% from $104,196 (2019) to $124,620 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $132,981 by 2027 — a total increase of $28,785 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Manchester metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $74,665 – $92,687 |
| 3-5 years (Mid Career) | $92,687 – $128,732 |
| 5+ years (Experienced) | $128,732 – $164,778 |
| 10+ years (Top Earner) | $164,778 – $199,535 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Manchester
With only 11 financial advisors currently employed in Manchester, the local job market shows modest competition, presenting opportunities for those seeking to establish themselves. The area's cost-of-living index stands at 107.9, which suggests that while salaries may be higher than the national average, the purchasing power may not be as amplified due to increased living expenses. Wirehouse firms like Morgan Stanley and Merrill Lynch tend to offer more competitive salaries, particularly for advisors tied to larger client bases, while independent broker-dealers and RIAs often allow for flexible compensation linked to performance and fee structures. Factors influencing the salary spectrum include client wealth concentration, advisor credentials such as CFP or CFA, and the existing advisor's equity stake within an RIA partnership. For those aiming for optimal earnings in Manchester CT, establishing a high-value client base and pursuing advanced certifications can prove beneficial in leveraging the current market dynamics.
More salary data for Manchester, CT:
Frequently Asked Questions
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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.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $124,620 for financial advisorsin the Manchester metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Manchester is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov