Financial Advisor Salary in Vernon, CT: $123,229 (2026)
Quick Answer:A full-time financial advisor in Vernon, CT earns a median $123,229/year (≈ $59.24/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Vernon's price level (8% above national, BEA RPP 107.9), that paycheck buys what $114,207 would nationally. Nominal pay sits 3.5% below the Connecticut state average.
Based on BLS state-level estimates · View source
In Vernon, Connecticut, financial advisors can expect a median annual salary of $123,229 in 2026, surpassing the national median of $108,537 by a notable 13.54%. The salary range is quite broad, extending from $71,472 for entry-level positions (P10) to $191,005 for seasoned professionals (P90). As financial planning increasingly shifts toward fee-only fiduciary models, CFAs and CFPs are carving out significant premiums in these markets. This data, derived from state-level estimates based on 2025 BLS figures and regional price adjustments, indicates a robust job environment for financial advisory services in Vernon, driven by both competitive compensation and the city’s growing demand for sound financial guidance.
About the Vernon Market
Salary estimated from Connecticut average ($148,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $71,472 | $34.36 |
| Lower Range (P25) | $88,724 | $42.65 |
| Median (P50)(typical) | $123,229 | $59.24 |
| Upper Range (P75) | $157,733 | $75.83 |
| Top Earners (P90) | $191,005 | $91.83 |
Median Salary Position
13.54% above the national average
2026 Salary Percentile Distribution in Vernon
In Vernon, CT, the financial advisor salary spread from the 10th to 90th percentile is $119,533 (2026 est.). At $123,229, the local median is 13.54% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Vernon: You'd be in the lower-middle range
How Vernon Financial Advisor Pay Compares
Vernon median: $123,229/year (2026)
| Compared To | Median Salary | Vernon Pays |
|---|---|---|
| Connecticut Average | $127,698 | -3.50% less |
| National Average | $108,537 | +13.54% more |
Financial Advisors in Vernon, CT earn a median of $123,229 per year (2026 est.), which is 13.54% higher than the national median of $108,537 and 3.50% below the Connecticut state average of $127,698.
Cost-of-Living Adjusted Salary
Vernon has a cost of living 7.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Vernon, CT has a cost-of-living index of 107.9 (above the national average of 100). While the nominal salary of $123,229 is competitive, the higher cost of living reduces purchasing power to an effective $114,207 — a 7.32% reduction.
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2019 BLS Actual
$99,741
2025 BLS Actual
$119,292
2026 Current Est.
$123,229
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Vernon (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $99,741 | Actual |
| 2020 | $101,421 | Actual |
| 2021 | $106,917 | Actual |
| 2022 | $108,302 | Actual |
| 2023 | $113,059 | Actual |
| 2024 | $154,164 | Actual |
| 2025 | $119,292 | Actual |
| 2026(current) | $123,229 | Estimated |
| 2027 | $127,295 | Projected |
Based on 7 years of BLS OEWS data for the Vernon metropolitan area, the median financial advisor salary grew 19.6% from $99,741 (2019) to $119,292 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $127,295 by 2027 — a total increase of $27,554 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Vernon 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) | $71,472 – $88,724 |
| 3-5 years (Mid Career) | $88,724 – $123,229 |
| 5+ years (Experienced) | $123,229 – $157,733 |
| 10+ years (Top Earner) | $157,733 – $191,005 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Vernon
In this smaller market, where only seven financial advisors are currently employed, the cost of living index stands at 107.9, which is slightly above the national average. This means that while salaries might be higher than elsewhere, living expenses are also more substantial, impacting take-home pay. Most competitive salaries are typically offered by large wirehouses such as Morgan Stanley and Merrill Lynch, or independent broker-dealers like LPL and Raymond James. Factors that contribute to the variance in financial advisor pay in Vernon include the assets under management (AUM), where higher fees are often associated with fiduciary roles in RIAs. Those seeking to maximize their earning potential in Vernon should consider establishing a solid AUM base, obtaining respected credentials like the CFP or CFA, and engaging with high-net-worth clients to enhance their compensation.
More salary data for Vernon, CT:
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 $119,292 for financial advisorsin the Vernon 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 Vernon 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