Financial Advisor Salary in Lawrence, MA: $127,468 (2026)
Quick Answer:A full-time financial advisor in Lawrence, MA earns a median $127,468/year (≈ $61.29/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Lawrence's price level (9% above national, BEA RPP 108.5), that paycheck buys what $117,482 would nationally. Nominal pay sits 2.5% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Lawrence, Massachusetts, can expect to earn a median annual salary of $127,468, notably above the national median of $108,537. This competitive pay aligns with the rise of the fiduciary fee-only model, which is increasingly preferred by clients seeking impartial advice. The salary range for this profession in Lawrence varies significantly, with entry-level positions starting around $73,932 and top earners reaching up to $197,576. These figures are based on estimates derived from 2025 BLS state-level data and regional price adjustments, signaling a robust job market for these professionals in the city, particularly as more individuals opt for independent advisory services.
About the Lawrence Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $73,932 | $35.55 |
| Lower Range (P25) | $91,777 | $44.12 |
| Median (P50)(typical) | $127,468 | $61.29 |
| Upper Range (P75) | $163,159 | $78.45 |
| Top Earners (P90) | $197,576 | $94.98 |
Median Salary Position
17.44% above the national average
2026 Salary Percentile Distribution in Lawrence
In Lawrence, MA, the financial advisor salary spread from the 10th to 90th percentile is $123,644 (2026 est.). At $127,468, the local median is 17.44% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Lawrence: You'd be in the lower-middle range
How Lawrence Financial Advisor Pay Compares
Lawrence median: $127,468/year (2026)
| Compared To | Median Salary | Lawrence Pays |
|---|---|---|
| Massachusetts Average | $130,736 | -2.50% less |
| National Average | $108,537 | +17.44% more |
Financial Advisors in Lawrence, MA earn a median of $127,468 per year (2026 est.), which is 17.44% higher than the national median of $108,537 and 2.50% below the Massachusetts state average of $130,736.
Cost-of-Living Adjusted Salary
Lawrence has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lawrence, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $127,468 is competitive, the higher cost of living reduces purchasing power to an effective $117,482 — a 7.83% reduction.
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2019 BLS Actual
$103,173
2025 BLS Actual
$123,396
2026 Current Est.
$127,468
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Lawrence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,173 | Actual |
| 2020 | $104,911 | Actual |
| 2021 | $110,595 | Actual |
| 2022 | $112,028 | Actual |
| 2023 | $116,948 | Actual |
| 2024 | $160,835 | Actual |
| 2025 | $123,396 | Actual |
| 2026(current) | $127,468 | Estimated |
| 2027 | $131,675 | Projected |
Based on 7 years of BLS OEWS data for the Lawrence metropolitan area, the median financial advisor salary grew 19.6% from $103,173 (2019) to $123,396 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $131,675 by 2027 — a total increase of $28,502 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lawrence 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) | $73,932 – $91,777 |
| 3-5 years (Mid Career) | $91,777 – $127,468 |
| 5+ years (Experienced) | $127,468 – $163,159 |
| 10+ years (Top Earner) | $163,159 – $197,576 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Lawrence
The job market in Lawrence is relatively small, with only 16 financial advisors currently employed locally. This limited supply does not mitigate the impact of the cost of living index, which stands at 108.5, making it essential for advisors to maximize their compensation to maintain a comfortable lifestyle. Among local employers, wirehouses such as JPMorgan and Merrill Lynch typically offer competitive salaries, though many independent registered investment advisors (RIAs) can outperform them through a fee-based model, particularly with higher concentrations of high-net-worth (HNW) clients. Factors driving the disparity in salaries include asset under management (AUM) size, the choice between commission structures versus asset-based fees, and the increasing value of credentials like the Certified Financial Planner (CFP). For financial advisors seeking to optimize their earnings in Lawrence, building a strong client base and considering a move to an RIA can be effective strategies.
More salary data for Lawrence, 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 $123,396 for financial advisorsin the Lawrence 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 Lawrence 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