Financial Advisor Salary in Freeport, NY: $120,686 (2026)
Quick Answer:A full-time financial advisor in Freeport, NY earns a median $120,686/year (≈ $58.02/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Freeport's price level (16% above national, BEA RPP 115.9), that paycheck buys what $104,129 would nationally. Nominal pay sits 5.2% below the New York state average.
Based on BLS state-level estimates · View source
In Freeport, NY, financial advisors can expect a median annual salary projected at $120,686 for 2026, reflecting a healthy growth trend in this profession. With a salary range spanning from $69,998 at the 10th percentile to $187,064 at the 90th percentile, these figures highlight the potential for significant earnings, particularly for advisors with advanced credentials such as the CFP designation. The local data, derived from 2025 BLS state-level estimates and adjusted for regional cost considerations, suggests a robust market environment for financial advisory services. This is particularly significant given the ongoing shift towards fee-only advisory models, which has created increased opportunities for fiduciary-oriented professionals in Freeport.
About the Freeport Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,998 | $33.66 |
| Lower Range (P25) | $86,894 | $41.77 |
| Median (P50)(typical) | $120,686 | $58.02 |
| Upper Range (P75) | $154,479 | $74.27 |
| Top Earners (P90) | $187,064 | $89.93 |
Median Salary Position
11.19% above the national average
2026 Salary Percentile Distribution in Freeport
In Freeport, NY, the financial advisor salary spread from the 10th to 90th percentile is $117,066 (2026 est.). At $120,686, the local median is 11.19% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Freeport: You'd be in the lower-middle range
How Freeport Financial Advisor Pay Compares
Freeport median: $120,686/year (2026)
| Compared To | Median Salary | Freeport Pays |
|---|---|---|
| New York Average | $127,306 | -5.20% less |
| National Average | $108,537 | +11.19% more |
Financial Advisors in Freeport, NY earn a median of $120,686 per year (2026 est.), which is 11.19% higher than the national median of $108,537 and 5.20% below the New York state average of $127,306.
Cost-of-Living Adjusted Salary
Freeport has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Freeport, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $120,686 is competitive, the higher cost of living reduces purchasing power to an effective $104,129 — a 13.72% reduction.
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2019 BLS Actual
$97,683
2025 BLS Actual
$116,831
2026 Current Est.
$120,686
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Freeport (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $97,683 | Actual |
| 2020 | $99,329 | Actual |
| 2021 | $104,711 | Actual |
| 2022 | $106,067 | Actual |
| 2023 | $110,726 | Actual |
| 2024 | $184,527 | Actual |
| 2025 | $116,831 | Actual |
| 2026(current) | $120,686 | Estimated |
| 2027 | $124,669 | Projected |
Based on 7 years of BLS OEWS data for the Freeport metropolitan area, the median financial advisor salary grew 19.6% from $97,683 (2019) to $116,831 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $124,669 by 2027 — a total increase of $26,986 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Freeport 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) | $69,998 – $86,894 |
| 3-5 years (Mid Career) | $86,894 – $120,686 |
| 5+ years (Experienced) | $120,686 – $154,479 |
| 10+ years (Top Earner) | $154,479 – $187,064 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Freeport
The financial advisor workforce in Freeport comprises a small group of just 10 advisors, yet the local job market demonstrates resilience amid varying compensation structures. With a cost-of-living index of 115.9, the purchasing power for financial advisors also holds implications for salaries and lifestyle. Among the highest-paying employers in the area, wirehouse firms such as Morgan Stanley and Merrill Lynch offer lucrative packages, driven by commission-based models. Meanwhile, independent Registered Investment Advisors (RIAs) might provide less immediate compensation but promise growth potential through assets under management (AUM). The disparity between entry-level and high-earning advisors in Freeport often stems from factors like client concentration, fee structures, and specialization. To maximize income potential, a proactive approach involving the pursuit of relevant certifications and a focus on high-net-worth clientele would be advisable in this evolving landscape of financial advisor pay in Freeport, NY.
More salary data for Freeport, 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 $116,831 for financial advisorsin the Freeport 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 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).
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