Financial Advisor Salary in Newton, MA: $129,655 (2026)
Quick Answer:A full-time financial advisor in Newton, MA earns a median $129,655/year (≈ $62.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Newton's price level (9% above national, BEA RPP 108.5), that paycheck buys what $119,498 would nationally. Nominal pay sits 0.8% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Newton, Massachusetts can expect a median salary of $129,655, significantly above the national figure of $108,537. The local salary range spans from $75,200 at the lower end to as high as $200,965 for top earners. These figures, which incorporate cost adjustments to reflect the area’s economic realities, illustrate how financial advisor pay in Newton benefits from the prevailing assets under management (AUM) fee model, particularly among registered investment advisors (RIAs). As the financial services industry increasingly shifts toward a fiduciary standard, compensation structures in Newton reveal a divide between commission-based models typical of wirehouses and the fee-only approach adopted by many independent advisors. This context is crucial for understanding the robust salary landscape for financial advisors in Newton, MA, which is responding to evolving client expectations and a competitive job market.
About the Newton Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $75,200 | $36.15 |
| Lower Range (P25) | $93,351 | $44.88 |
| Median (P50)(typical) | $129,655 | $62.33 |
| Upper Range (P75) | $165,959 | $79.79 |
| Top Earners (P90) | $200,965 | $96.62 |
Median Salary Position
19.46% above the national average
2026 Salary Percentile Distribution in Newton
In Newton, MA, the financial advisor salary spread from the 10th to 90th percentile is $125,765 (2026 est.). At $129,655, the local median is 19.46% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Newton: You'd be in the lower-middle range
How Newton Financial Advisor Pay Compares
Newton median: $129,655/year (2026)
| Compared To | Median Salary | Newton Pays |
|---|---|---|
| Massachusetts Average | $130,701 | -0.80% less |
| National Average | $108,537 | +19.46% more |
Financial Advisors in Newton, MA earn a median of $129,655 per year (2026 est.), which is 19.46% higher than the national median of $108,537 and 0.80% below the Massachusetts state average of $130,701.
Cost-of-Living Adjusted Salary
Newton has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Newton, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $129,655 is competitive, the higher cost of living reduces purchasing power to an effective $119,498 — a 7.83% reduction.
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2019 BLS Actual
$104,943
2025 BLS Actual
$125,513
2026 Current Est.
$129,655
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Newton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $104,943 | Actual |
| 2020 | $106,711 | Actual |
| 2021 | $112,492 | Actual |
| 2022 | $113,950 | Actual |
| 2023 | $118,955 | Actual |
| 2024 | $161,958 | Actual |
| 2025 | $125,513 | Actual |
| 2026(current) | $129,655 | Estimated |
| 2027 | $133,934 | Projected |
Based on 7 years of BLS OEWS data for the Newton metropolitan area, the median financial advisor salary grew 19.6% from $104,943 (2019) to $125,513 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $133,934 by 2027 — a total increase of $28,991 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Newton 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) | $75,200 – $93,351 |
| 3-5 years (Mid Career) | $93,351 – $129,655 |
| 5+ years (Experienced) | $129,655 – $165,959 |
| 10+ years (Top Earner) | $165,959 – $200,965 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Newton
The job market for financial advisors in Newton is concentrated, currently employing 16 professionals in the area. However, with a cost-of-living index of 108.5, advisors must consider how much take-home pay can translate into purchasing power. High-paying employers in the region, such as Morgan Stanley and Merrill Lynch, offer competitive salaries, yet the strongest compensation can often be found within independent fiduciary firms or small RIAs, where advisors leverage their AUM and charge fees effectively. The significant disparity in pay reflects key factors, including client base size, credentials like CFP or CFA designations, and the presence of high-net-worth clients. For aspiring advisors, maximizing their earnings potential in Newton may involve focusing on building a strong client portfolio, pursuing advanced certifications, and understanding the nuances of fiduciary responsibilities, which can lead to greater trust—and ultimately, higher compensation—in today's evolving financial advisory landscape.
More salary data for Newton, 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 $125,513 for financial advisorsin the Newton 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 Newton 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