Financial Advisor Salary in Chelmsford, MA: $124,244 (2026)
Quick Answer:A full-time financial advisor in Chelmsford, MA earns a median $124,244/year (≈ $59.73/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Chelmsford's price level (9% above national, BEA RPP 108.5), that paycheck buys what $114,511 would nationally. Nominal pay sits 4.9% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In Chelmsford, Massachusetts, financial advisors can expect to earn a median annual salary of $124,244 in 2026, reflecting a robust performance in comparison to the national median of $108,537. The salary range for this role varies significantly, from $72,062 at the 10th percentile to a substantial $192,578 at the 90th percentile. These figures have been derived from state-level estimates and adjusted for regional cost factors. The compensation structure of financial advisors in Chelmsford is influenced by the ongoing shift from traditional wirehouse models to Registered Investment Advisor (RIA) firms, where the assets under management (AUM) earners prevail. This trend suggests a competitive local job market, fostering a variety of pay structures that can benefit advisors willing to adapt to the changing landscape.
About the Chelmsford Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,062 | $34.65 |
| Lower Range (P25) | $89,456 | $43.00 |
| Median (P50)(typical) | $124,244 | $59.73 |
| Upper Range (P75) | $159,032 | $76.46 |
| Top Earners (P90) | $192,578 | $92.59 |
Median Salary Position
14.47% above the national average
2026 Salary Percentile Distribution in Chelmsford
In Chelmsford, MA, the financial advisor salary spread from the 10th to 90th percentile is $120,516 (2026 est.). At $124,244, the local median is 14.47% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Chelmsford: You'd be in the lower-middle range
How Chelmsford Financial Advisor Pay Compares
Chelmsford median: $124,244/year (2026)
| Compared To | Median Salary | Chelmsford Pays |
|---|---|---|
| Massachusetts Average | $130,646 | -4.90% less |
| National Average | $108,537 | +14.47% more |
Financial Advisors in Chelmsford, MA earn a median of $124,244 per year (2026 est.), which is 14.47% higher than the national median of $108,537 and 4.90% below the Massachusetts state average of $130,646.
Cost-of-Living Adjusted Salary
Chelmsford has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Chelmsford, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $124,244 is competitive, the higher cost of living reduces purchasing power to an effective $114,511 — a 7.83% reduction.
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2019 BLS Actual
$100,563
2025 BLS Actual
$120,275
2026 Current Est.
$124,244
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Chelmsford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $100,563 | Actual |
| 2020 | $102,257 | Actual |
| 2021 | $107,798 | Actual |
| 2022 | $109,194 | Actual |
| 2023 | $113,991 | Actual |
| 2024 | $156,767 | Actual |
| 2025 | $120,275 | Actual |
| 2026(current) | $124,244 | Estimated |
| 2027 | $128,344 | Projected |
Based on 7 years of BLS OEWS data for the Chelmsford metropolitan area, the median financial advisor salary grew 19.6% from $100,563 (2019) to $120,275 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $128,344 by 2027 — a total increase of $27,781 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Chelmsford 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) | $72,062 – $89,456 |
| 3-5 years (Mid Career) | $89,456 – $124,244 |
| 5+ years (Experienced) | $124,244 – $159,032 |
| 10+ years (Top Earner) | $159,032 – $192,578 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Chelmsford
The local job market in Chelmsford features eight financial advisors, a small group reflective of the competitive nature of this profession in the area. With a cost of living index of 108.5, advisors may find purchasing power somewhat challenged; however, the higher salaries can help mitigate these costs. Among employers, wirehouses like Morgan Stanley and Merrill Lynch may offer attractive packages, while independent broker-dealers and RIAs such as Raymond James typically cater to a different clientele and compensation structure. The diversity of compensation stems from various factors, including AUM size, fee structures, and credentials like CFP or CFA. Advisors focused on high-net-worth clients and who can leverage their transition from wirehouses can maximize their earnings. For those looking to improve their financial advisor pay in Chelmsford, emphasizing fiduciary services and acquiring relevant certifications may provide a distinct edge in this evolving sector.
More salary data for Chelmsford, MA:
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 $120,275 for financial advisorsin the Chelmsford 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 Chelmsford 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