Financial Advisor Salary in Leominster, MA: $124,061 (2026)
Quick Answer:A full-time financial advisor in Leominster, MA earns a median $124,061/year (≈ $59.65/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Leominster's price level (9% above national, BEA RPP 108.5), that paycheck buys what $114,342 would nationally. Nominal pay sits 5.1% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Leominster, Massachusetts, command a median annual salary of $124,061, representing a significant premium over the national median of $108,537. The salary landscape here ranges from $71,956 at the 10th percentile to $192,295 at the 90th percentile. Factors influencing these compensation levels include the bifurcation between wirehouse and RIA business models, particularly how the assets under management (AUM) approach drives advisor pay. While wirehouses often rely on commission-based earnings, registered investment advisors (RIAs) typically utilize a fiduciary model with fees based on AUM. The local estimates are derived from 2025 BLS data, adjusted for the area’s cost of living, which is just slightly above the national average. Leominster's job market for financial advisors is relatively concentrated, necessitating a deeper look at the competitive environment.
About the Leominster Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $71,956 | $34.60 |
| Lower Range (P25) | $89,325 | $42.94 |
| Median (P50)(typical) | $124,061 | $59.65 |
| Upper Range (P75) | $158,798 | $76.35 |
| Top Earners (P90) | $192,295 | $92.45 |
Median Salary Position
14.30% above the national average
2026 Salary Percentile Distribution in Leominster
In Leominster, MA, the financial advisor salary spread from the 10th to 90th percentile is $120,339 (2026 est.). At $124,061, the local median is 14.3% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Leominster: You'd be in the lower-middle range
How Leominster Financial Advisor Pay Compares
Leominster median: $124,061/year (2026)
| Compared To | Median Salary | Leominster Pays |
|---|---|---|
| Massachusetts Average | $130,728 | -5.10% less |
| National Average | $108,537 | +14.30% more |
Financial Advisors in Leominster, MA earn a median of $124,061 per year (2026 est.), which is 14.30% higher than the national median of $108,537 and 5.10% below the Massachusetts state average of $130,728.
Cost-of-Living Adjusted Salary
Leominster has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Leominster, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $124,061 is competitive, the higher cost of living reduces purchasing power to an effective $114,342 — a 7.83% reduction.
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2019 BLS Actual
$100,415
2025 BLS Actual
$120,098
2026 Current Est.
$124,061
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Leominster (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $100,415 | Actual |
| 2020 | $102,107 | Actual |
| 2021 | $107,639 | Actual |
| 2022 | $109,033 | Actual |
| 2023 | $113,823 | Actual |
| 2024 | $156,536 | Actual |
| 2025 | $120,098 | Actual |
| 2026(current) | $124,061 | Estimated |
| 2027 | $128,155 | Projected |
Based on 7 years of BLS OEWS data for the Leominster metropolitan area, the median financial advisor salary grew 19.6% from $100,415 (2019) to $120,098 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $128,155 by 2027 — a total increase of $27,740 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Leominster 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) | $71,956 – $89,325 |
| 3-5 years (Mid Career) | $89,325 – $124,061 |
| 5+ years (Experienced) | $124,061 – $158,798 |
| 10+ years (Top Earner) | $158,798 – $192,295 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Leominster
Currently, there are about ten financial advisors employed in Leominster, MA, within a cost-of-living index of 108.5, indicating that expenses are slightly above the national average. This dynamic can impact take-home purchasing power for financial professionals. Among the top-paying employers in the area are wirehouses like Morgan Stanley and Merrill Lynch, whereas independent broker-dealers and RIAs are increasingly gaining traction as they adapt to the growing demand for fee-only advisory services. The pay disparity among financial advisors in Leominster is largely tied to factors such as AUM book size, client concentration, and industry credentials like the CFP and CFA designations. For those looking to maximize their financial advisor pay in Leominster, focusing on building a solid client base, obtaining appropriate certifications, and considering a transition to fee-based models may yield substantial financial benefits.
More salary data for Leominster, 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 $120,098 for financial advisorsin the Leominster 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 Leominster 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