Financial Advisor Salary in Lexington, MA: $125,116 (2026)
Quick Answer:A full-time financial advisor in Lexington, MA earns a median $125,116/year (≈ $60.15/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Lexington's price level (9% above national, BEA RPP 108.5), that paycheck buys what $115,314 would nationally. Nominal pay sits 4.3% below the Massachusetts state average.
Based on BLS state-level estimates · View source
In 2026, the financial advisor salary in Lexington is projected to reach a median annual figure of $125,116, which reflects an increase compared to national standards. This local median sits notably higher than the anticipated national average of $108,537, emphasizing a competitive local market. Salary ranges for financial advisors in this area reflect a wide disparity, with figures spanning from $72,567 at the 10th percentile to $193,929 at the 90th percentile. These projections, derived from 2025 BLS data adjusted for regional living costs, suggest a robust economic landscape for finance professionals in Lexington. The city offers an appealing opportunity for advisors looking to maximize their earnings, especially as the financial services industry continues to evolve.
About the Lexington Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,567 | $34.88 |
| Lower Range (P25) | $90,084 | $43.31 |
| Median (P50)(typical) | $125,116 | $60.15 |
| Upper Range (P75) | $160,148 | $76.99 |
| Top Earners (P90) | $193,929 | $93.24 |
Median Salary Position
15.27% above the national average
2026 Salary Percentile Distribution in Lexington
In Lexington, MA, the financial advisor salary spread from the 10th to 90th percentile is $121,362 (2026 est.). At $125,116, the local median is 15.27% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Lexington: You'd be in the lower-middle range
How Lexington Financial Advisor Pay Compares
Lexington median: $125,116/year (2026)
| Compared To | Median Salary | Lexington Pays |
|---|---|---|
| Massachusetts Average | $130,738 | -4.30% less |
| National Average | $108,537 | +15.27% more |
Financial Advisors in Lexington, MA earn a median of $125,116 per year (2026 est.), which is 15.27% higher than the national median of $108,537 and 4.30% below the Massachusetts state average of $130,738.
Cost-of-Living Adjusted Salary
Lexington has a cost of living 8.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lexington, MA has a cost-of-living index of 108.5 (above the national average of 100). While the nominal salary of $125,116 is competitive, the higher cost of living reduces purchasing power to an effective $115,314 — a 7.83% reduction.
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2019 BLS Actual
$101,269
2025 BLS Actual
$121,119
2026 Current Est.
$125,116
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Lexington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $101,269 | Actual |
| 2020 | $102,975 | Actual |
| 2021 | $108,554 | Actual |
| 2022 | $109,960 | Actual |
| 2023 | $114,790 | Actual |
| 2024 | $157,867 | Actual |
| 2025 | $121,119 | Actual |
| 2026(current) | $125,116 | Estimated |
| 2027 | $129,245 | Projected |
Based on 7 years of BLS OEWS data for the Lexington metropolitan area, the median financial advisor salary grew 19.6% from $101,269 (2019) to $121,119 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $129,245 by 2027 — a total increase of $27,976 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lexington 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) | $72,567 – $90,084 |
| 3-5 years (Mid Career) | $90,084 – $125,116 |
| 5+ years (Experienced) | $125,116 – $160,148 |
| 10+ years (Top Earner) | $160,148 – $193,929 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Lexington
With only six financial advisors employed in Lexington, the market presents both challenges and advantages. The cost of living index stands at 108.5, indicating that living expenses are above the national average, which can affect take-home pay. Among the top employers in the area, wirehouses such as Morgan Stanley and Merrill Lynch typically offer the highest compensation packages, but independent registered investment advisors (RIAs) have been gaining traction due to their fee-only fiduciary model. Wealth management firms and independent broker-dealers in Lexington often see strong performance linked to AUM (assets under management), as advisors with higher concentrations of high-net-worth clients tend to command significantly higher salaries. Factors such as the credentialing status of advisors, including CFP and CFA designations, as well as the strategies employed—whether commission-based or fee-only—play critical roles in defining financial advisor pay in Lexington, MA. Those considering their career trajectory may find that developing a niche and building a substantial client base are effective strategies for elevating their earnings amidst this dynamic landscape.
More salary data for Lexington, 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 $121,119 for financial advisorsin the Lexington 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 Lexington 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