Financial Advisor Salary in Amsterdam, NY: $119,128 (2026)
Quick Answer:A full-time financial advisor in Amsterdam, NY earns a median $119,128/year (≈ $57.27/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Amsterdam's price level (16% above national, BEA RPP 115.9), that paycheck buys what $102,785 would nationally. Nominal pay sits 6.5% below the New York state average.
Based on BLS state-level estimates · View source
In Amsterdam, NY, financial advisors are projected to earn a median annual income of $119,128 in 2026. This figure reflects the area's economic transition as it moves towards an independent advisor model, attracting professionals looking for enhanced compensation and long-term growth potential. The salary range for financial advisors in this region extends from $69,094 at the 10th percentile to as high as $184,648 for those at the 90th percentile. These figures, derived from 2025 BLS data and adjusted for local market conditions, suggest a competitive environment for financial professionals seeking to maximize their earnings in this city, particularly as the job market emphasizes the value of independent advisory services.
About the Amsterdam Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,094 | $33.22 |
| Lower Range (P25) | $87,102 | $41.88 |
| Median (P50)(typical) | $119,128 | $57.27 |
| Upper Range (P75) | $152,483 | $73.31 |
| Top Earners (P90) | $184,648 | $88.78 |
Median Salary Position
9.76% above the national average
2026 Salary Percentile Distribution in Amsterdam
In Amsterdam, NY, the financial advisor salary spread from the 10th to 90th percentile is $115,554 (2026 est.). At $119,128, the local median is 9.76% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Amsterdam: You'd be in the lower-middle range
How Amsterdam Financial Advisor Pay Compares
Amsterdam median: $119,128/year (2026)
| Compared To | Median Salary | Amsterdam Pays |
|---|---|---|
| New York Average | $127,409 | -6.50% less |
| National Average | $108,537 | +9.76% more |
Financial Advisors in Amsterdam, NY earn a median of $119,128 per year (2026 est.), which is 9.76% higher than the national median of $108,537 and 6.50% below the New York state average of $127,409.
Cost-of-Living Adjusted Salary
Amsterdam has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Amsterdam, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $119,128 is competitive, the higher cost of living reduces purchasing power to an effective $102,785 — a 13.72% reduction.
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2019 BLS Actual
$96,422
2025 BLS Actual
$115,322
2026 Current Est.
$119,128
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Amsterdam (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,422 | Actual |
| 2020 | $98,046 | Actual |
| 2021 | $103,358 | Actual |
| 2022 | $104,697 | Actual |
| 2023 | $109,296 | Actual |
| 2024 | $182,143 | Actual |
| 2025 | $115,322 | Actual |
| 2026(current) | $119,128 | Estimated |
| 2027 | $123,059 | Projected |
Based on 7 years of BLS OEWS data for the Amsterdam metropolitan area, the median financial advisor salary grew 19.6% from $96,422 (2019) to $115,322 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $123,059 by 2027 — a total increase of $26,637 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Amsterdam 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) | $69,094 – $87,102 |
| 3-5 years (Mid Career) | $87,102 – $119,128 |
| 5+ years (Experienced) | $119,128 – $152,483 |
| 10+ years (Top Earner) | $152,483 – $184,648 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Amsterdam
As of now, there are approximately six financial advisors working in Amsterdam, a relatively small number that may indicate a tight-knit local community. The cost of living, reflected in a index of 115.9, suggests that while the salaries for financial advisor pay in Amsterdam NY appear strong compared to the national median, the actual purchasing power may be tempered by living expenses. High-paying employers in the area include wirehouses like Morgan Stanley and independent broker-dealers such as LPL Financial. The variation in salaries can largely result from factors such as client concentration, the fee model used by firms—whether commission-based or AUM-focused—and the expertise level of the advisors, such as holding a CFP or CFA designation. Financial professionals in Amsterdam can enhance their pay potential by establishing strong portfolios of high-net-worth clients and taking advantage of breakaway transition packages when moving from larger corporate firms.
More salary data for Amsterdam, NY:
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 $115,322 for financial advisorsin the Amsterdam 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 Amsterdam 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