Financial Advisor Salary in Pittsfield, MA: $130,055 (2026)
Quick Answer:A full-time financial advisor in Pittsfield, MA earns a median $130,055/year (≈ $62.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Pittsfield's price level (5% below national, BEA RPP 95.1), that paycheck buys what $136,747 would nationally. Nominal pay sits 0.5% below the Massachusetts state average.
Official BLS data · View source
In Pittsfield, Massachusetts, financial advisors can expect a median annual salary of $130,055 in 2026, which represents a notable increase compared to the national median of $108,537. This salary falls within a range from $78,694 at the 10th percentile to $298,330 at the 90th percentile. These figures, derived from BLS OEWS surveys, reflect the financial landscape's dynamics shaped by the structural divide between wirehouses and Registered Investment Advisors (RIAs). In this region, advisors affiliated with wirehouses may engage in commission-based models while independent RIAs typically leverage an assets-under-management (AUM) approach, significantly influencing their compensation strategies. Given the bifurcated nature of the industry, Pittsfield's financial advisors are well-positioned to capitalize on the growing fiduciary model which is rapidly gaining traction among clients.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $78,694 | $37.83 |
| Lower Range (P25) | $85,543 | $41.12 |
| Median (P50)(typical) | $130,055 | $62.53 |
| Upper Range (P75) | $194,400 | $93.47 |
| Top Earners (P90) | $298,330 | $143.43 |
Median Salary Position
19.83% above the national average
2026 Salary Percentile Distribution in Pittsfield
In Pittsfield, MA, the financial advisor salary spread from the 10th to 90th percentile is $219,636 (2026 est.). At $130,055, the local median is 19.83% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Pittsfield: You'd be in the entry-level range
How Pittsfield Financial Advisor Pay Compares
Pittsfield median: $130,055/year (2026)
| Compared To | Median Salary | Pittsfield Pays |
|---|---|---|
| Massachusetts Average | $130,708 | -0.50% less |
| National Average | $108,537 | +19.83% more |
Financial Advisors in Pittsfield, MA earn a median of $130,055 per year (2026 est.), which is 19.83% higher than the national median of $108,537 and 0.50% below the Massachusetts state average of $130,708.
Cost-of-Living Adjusted Salary
Pittsfield has a cost of living 4.89% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Pittsfield, MA has a cost-of-living index of 95.106 (below the national average of 100). A financial advisor earning $130,055 nominally has purchasing power equivalent to $136,747 in an average-cost city — an effective 5.15% boost.
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2019 BLS Actual
$117,310
2025 BLS Actual
$125,900
2026 Current Est.
$130,055
2019–2027 Growth
+14.5%
Salary Trajectory for Financial Advisors in Pittsfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $117,310 | Actual |
| 2020 | $124,020 | Actual |
| 2021 | $112,839 | Actual |
| 2022 | $115,520 | Actual |
| 2023 | $100,930 | Actual |
| 2024 | $132,170 | Actual |
| 2025 | $125,900 | Actual |
| 2026(current) | $130,055 | Estimated |
| 2027 | $134,347 | Projected |
Based on 7 years of BLS OEWS data for the Pittsfield metropolitan area, the median financial advisor salary grew 7.3% from $117,310 (2019) to $125,900 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $134,347 by 2027 — a total increase of $17,037 (14.52%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Pittsfield 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) | $78,694 – $85,543 |
| 3-5 years (Mid Career) | $85,543 – $130,055 |
| 5+ years (Experienced) | $130,055 – $194,400 |
| 10+ years (Top Earner) | $194,400 – $298,330 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Pittsfield
With approximately 70 financial advisors operating in Pittsfield, the local market demonstrates a healthy presence amidst a cost-of-living index of 95.106, indicating a slightly lower living expense than the national average. This favorable index can enhance the take-home pay for financial advisors in the area. Notably, major employers like Morgan Stanley and Merrill Lynch offer competitive packages, while smaller independent fiduciaries may benefit from concentrated client bases and specific credential premiums like the CFP or CFA. Compensation disparities are largely driven by factors such as AUM book size, fee structures, and advisor expertise. To maximize earning potential in Pittsfield, advisors should focus on expanding their client relationships, pursuing advanced certifications, and leveraging performance-based payout models typical of RIAs, ensuring they remain competitive in an evolving landscape.
More salary data for Pittsfield, 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 $125,900 for financial advisorsin the Pittsfield 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
Source: BLS, OEWS, 6-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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