Financial Advisor Pay

Andover vs Pittsfield: Financial Advisor Salary (2026)

Compare financial advisor salaries between Andover, MA and Pittsfield, MA. All figures are 2026 estimates projected from BLS 2025 data.

Andover, MA
$123,756
$59.50/hr
Pittsfield, MA
$130,055
$62.53/hr

Side-by-Side Comparison

MetricAndover, MAPittsfield, MA
Median Salary$123,756$130,055
Hourly Rate$59.50$62.53
Entry Level (P10)$71,779$78,694
25th Percentile$89,105$85,543
75th Percentile$158,408$194,400
Top Earner (P90)$191,823$298,330
Total Employed570
Side-by-side bar chart comparing Andover ($123,756) and Pittsfield ($130,055) financial advisor salaries.AndoverPittsfieldMedian Salary$123,756$130,055Entry Level (P10)$71,779$78,694Top Earner (P90)$191,823$298,330US Median $108,537

Verdict

Pittsfield, MA offers better overall compensation for financial advisors, winning 4 out of 4 metrics compared to Andover.

The salary gap between Andover and Pittsfield is $6,299 (5.09%). Pittsfield's median is +19.83% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Andover spans $120,044,Pittsfield spans $219,636. Pittsfield has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Andover
P10 (Entry)$71,779
P25$89,105
Median$123,756
P75$158,408
P90 (Top)$191,823
Pittsfield
P10 (Entry)$78,694
P25$85,543
Median$130,055
P75$194,400
P90 (Top)$298,330

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Pittsfield ($136,747 effective) pays 19.89% more than Andover ($114,061 effective).

Andover
Nominal: $123,756
CoL Index: 108.5
Adjusted: $114,061
Pittsfield
Nominal: $130,055
CoL Index: 95.106
Adjusted: $136,747

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Andover if…

  • You prefer the Massachusetts area and lifestyle

Choose Pittsfield if…

  • Higher median salary ($130,055/year)
  • Better top-earner potential ($298,330)
  • Larger job market (70 employed)
  • Better purchasing power (CoL-adjusted: $136,747)
  • You prefer the Massachusetts area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Andover grew -23.3% from 2024 to 2025, compared to 7.3% growth in Pittsfield over the same period.

Andover, MA

+-23.3%

$156,152 (2024) → $119,803 (2025)

Pittsfield, MA

+7.3%

$117,310 (2019) → $125,900 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Andover or Pittsfield?

Pittsfield has a higher median financial advisor salary at $130,055/year, compared to Andover at $123,756/year — a difference of $6,299 (5.09%).

What is the hourly rate difference between Andover and Pittsfield?

Andover financial advisors earn $59.50/hr while Pittsfield hygienists earn $62.53/hr (2026 est.).

Should I relocate from Andover to Pittsfield as a financial advisor?

Consider more than just salary when comparing Andover and Pittsfield. Factor in cost of living (CoL-adjusted: Andover = $114,061, Pittsfield = $136,747), job availability (5 vs 70 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Andover vs Pittsfield?

Entry-level (10th percentile) financial advisors earn $71,779 in Andover and $78,694 in Pittsfield. The Pittsfield area offers higher starting salaries.
JL

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.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov