Financial Advisor Pay

Entry-Level Financial Advisor Salary in Freeport, NY: $69,998 (2026)

Quick Answer:New financial advisors entering the Freeport, NY job market in 2026 can expect a starting salary around $69,998 (BLS 10th-percentile benchmark for SOC 13-2052, projected from 2025 OEWS data). Stripping out Freeport's local price level (BEA RPP 115.916% above national), a first-year paycheck buys what $60,395 would in average-cost America. Most reach the city median ($120,686) within a few years of clinical practice.

$69,998
Starting Salary
$33.66/hr
Starting Hourly
$69,998
Entry Level
$120,686
Career Median Target

Based on BLS state-level estimates · View source

Financial Advisor Entry Level Salary in Freeport, NY — 2026 est., based on 2025 BLS
Freeport, NY financial advisor entry level salary overview (2026 est., based on 2025 BLS)

New graduates looking to enter the financial advisory field in Freeport can expect starting financial advisor salaries around $69,998 in 2026. With the city's median annual salary for financial advisors reaching $120,686, there's a significant gap that early-career professionals will need to navigate. New hires can anticipate a growth trajectory in their earnings as they gain experience, moving from the 10th percentile to the 25th percentile, which stands at $86,894. This upward trend indicates promising prospects for ambitious individuals entering the field where Freeport is currently a viable market for aspiring financial advisors, given the demand for advisory services.

About the Freeport Market

Salary estimated from New York average ($168,000) adjusted for local cost of living.

Career Earnings Timeline in Freeport

Year 0-2

New Graduate

$69,998/yr
Year 2-5

Early Career

$86,894/yr
Year 5-10

Mid Career

$120,686/yr
Year 10+

Experienced

$154,479/yr

Salary progression estimated from BLS percentile data. Actual progression varies by employer, certifications, and specialization.

2026 Salary Percentile Distribution in Freeport

Vertical bar chart of 10th through 90th percentile salaries for financial advisors in Freeport. The median salary is $120,686, compared to the national median of $108,537.$63.0K$96.4K$129.7K$163.1K$196.4K$70.0K10th Pctl$86.9K25th Pctl$120.7KMedian$154.5K75th Pctl$187.1K90th PctlUS Median$108.5K

Entry-level financial advisors in Freeport, NY typically start between $69,998 and $86,894 per year (2026 est.). The full salary range spans $117,066 from the 10th to 90th percentile, with the local median at $120,68611.19% above the national median.

Source: BLS OEWS projected to 2026. Percentiles reflect the distribution of financial advisor pay in the Freeport metro area.

Return on Investment

$82,000
Avg NY Program Cost
$69,998
Starting Salary
117.15%
Cost-to-Salary Ratio
1.2 yr
Payback Estimate

The average financial planning program cost in New York of $82,000 represents just 117.15% of the starting financial advisor pay ($69,998/year) in Freeport. Most graduates begin earning back their investment from day one, though actual ROI varies based on living expenses, loan interest, and the 2-year opportunity cost of schooling.

Program cost estimates cover bachelor's degree tuition plus licensing exam fees (Series 7, 63/66) and optional CFP certification program costs. Continuing education is required for license maintenance.

CFP, FA Salary Negotiation Tips for New Graduates in Freeport

  • 1Research the Freeport market: entry-level financial advisor pay ranges from $69,998 to $86,894, so aim for at least the 25th percentile if you have strong credentials.
  • 2Highlight any additional certifications or specialty training within the financial planning field — employers in NY often pay a premium for expanded scope of work.
  • 3Evaluate the full compensation package — in Freeport, benefits like health insurance, continuing-education allowances, and schedule flexibility can add 20-30% to your effective compensation.
  • 4Consider starting with a larger hospital system or multi-site employer in Freeport for competitive entry-level pay and structured mentorship, then move to a smaller employer once you have 2-3 years of experience.
  • 5Factor in Freeport's above-average cost of living (index: 115.9) when evaluating offers — a slightly lower salary in a nearby affordable area may provide better purchasing power.

Financial Advisor Compensation Range

The financial advisor wage spread in Freeport is $117,066 ( 167.24%) between entry-level and top earners. Starting at $69,998, experienced hygienists can earn up to $187,064.

Represents the current salary spread across experience levels, not projected career growth rate.

2019 BLS Actual

$57,987

2025 BLS Actual

$67,762

2026 Current Est.

$69,998

2019–2027 Growth

+24.7%

Salary Trajectory for Financial Advisors in Freeport (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.

BLS Actual Estimated Projected
Salary trajectory chart for financial advisors in Freeport. Baseline $57,987 in 2025, projected to $72,308 by 2027.$48.2K$65.3K$82.5K$99.7K$116.8K2019202020212022202320242025202620272025 BLS$58.0K$59.5K$64.2K$63.0K$65.8K$107.0K$67.8K$70.0K$72.3K
YearAnnual SalaryStatus
2019$57,987Actual
2020$59,540Actual
2021$64,225Actual
2022$63,050Actual
2023$65,791Actual
2024$107,026Actual
2025$67,762Actual
2026(current)$69,998Estimated
2027$72,308Projected

Entry-level financial advisor compensation (10th percentile) in Freeport, NY grew 16.9% over 7 years based on actual BLS metropolitan area surveys, rising from $57,987 in 2019 to $67,762 in 2025. By 2027, starting salaries are projected to reach $72,308. New graduates entering the Freeport job market can expect continued year-over-year gains.

Note: Historical values (20192025) are actual BLS OEWS figures for the Freeport metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Starting Your financial planning Career in Freeport

Employers in Freeport that actively recruit new graduates include prominent insurance agencies like Northwestern Mutual and Edward Jones, along with larger financial firms. These companies often offer structured training programs, allowing entry-level advisors to ramp up their careers with bonus incentives tied to commissions. Candidates with certifications such as the Series 7 and Series 66 or those pursuing the prestigious CFP credential significantly boost their starting pay in NY. Moreover, aspiring advisors should be mindful of the evolving industry dynamics; with the rise of fee-only RIAs, there is an increasing shift towards an asset under management (AUM) compensation model. Realistically, financial advisors can experience steady salary growth in their first few years, particularly if they embrace continuous education and networking within the changing landscape of brokerage and fiduciary models.

Frequently Asked Questions

What is the starting salary for financial advisors in Freeport in 2026?

Entry-level financial advisors in Freeport start at approximately $69,998/year (10th percentile), based on estimated 2026 salary (projected from 2025 BLS data at 3.30% annual growth). This is the typical range for new graduates with less than 1 year of clinical experience. The starting hourly equivalent is approximately $33.65/hour for full-time work. Starting pay depends on the practice type (private vs. large organization), patient volume, location within the metro area, and whether the position includes benefits.

How fast do financial advisor salaries grow in Freeport?

Most financial advisors in Freeport progress from the entry-level salary of $69,998 to the area median of $120,686 within 3–5 years of clinical experience. Top earners with specializations and certifications reach $187,064 (90th percentile). The biggest salary jumps typically come in years 2–5 as clinical skills develop, and again when obtaining advanced certifications or expanded-function credentials. Salary growth after 10 years tends to plateau unless moving into management or education roles.

Is financial planning school worth it in Freeport?

With a starting salary of $69,998/year in Freeport and typical program costs ranging from $20,000–$80,000 for the required degree, graduates can expect a strong return on investment. Most new financial advisors recoup their tuition within 1–3 years of working full-time. The profession also offers excellent work-life balance, flexible scheduling, low unemployment rates, and growing demand driven by an aging population's care needs.

What do new financial advisors make right out of school in Freeport?

New financial planning graduates in Freeport typically start near the 10th percentile at $69,998/year, or approximately $33.65/hour. Starting pay varies based on the practice type, patient volume, geographic location within the metro area, and whether the compensation package includes benefits like health insurance and retirement contributions. Graduates with internships at high-production practices often secure higher starting offers.

How do I become a financial advisor in New York?

To become a licensed financial advisor in New York, you typically need bachelor's degree typically required (finance, economics, accounting, or business). career credentials: series 7 + series 65 or 66 (finra exams) for licensed advisors; cfp (certified financial planner) for fee-based planning; cfa (chartered financial analyst) for investment-focused work; chfc for insurance-focused. most paths require 2-3 years of supervised experience plus exam pass., then pass the required national and state licensing examinations. Most states, including New York, also require a clinical licensing exam. After obtaining licensure, you must maintain it through continuing education credits. Some financial advisors pursue advanced degrees for career advancement into education, research, or public health roles.

Related Pages

Nearby Cities in New York

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

Entry-level 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 10th percentile (entry-level) is used as the starting salary benchmark for new financial planning graduates. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to project current 2026 entry-level compensation in Freeport. Program costs are averages and actual tuition varies by institution. ROI calculations are simplified estimates.

Data Sources & Methodology

Salary data for Freeport is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).

View estimation methodology

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

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