Financial Advisor Salary in Long Beach, NY: $125,529 (2026)
Quick Answer:A full-time financial advisor in Long Beach, NY earns a median $125,529/year (≈ $60.35/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Long Beach's price level (16% above national, BEA RPP 115.9), that paycheck buys what $108,308 would nationally. Nominal pay sits 1.4% below the New York state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Long Beach, NY, are projected to earn a median annual salary of $125,529, reflecting an increase compared to the national median of $108,537. The local salary range spans from $72,807 at the 10th percentile to as high as $194,570 for those in the 90th percentile. This earning potential aligns with broader trends observed in the financial advisory sector, where compensation can be heavily influenced by whether advisors operate as independent registered investment advisors (RIAs) or within wirehouse firms. Given the ongoing shift toward the fiduciary model at RIAs, those leveraging an assets under management (AUM) fee structure often see higher pay levels driven by strong client relationships and larger investment portfolios.
About the Long Beach Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $72,807 | $35.01 |
| Lower Range (P25) | $90,381 | $43.45 |
| Median (P50)(typical) | $125,529 | $60.35 |
| Upper Range (P75) | $160,677 | $77.25 |
| Top Earners (P90) | $194,570 | $93.54 |
Median Salary Position
15.66% above the national average
2026 Salary Percentile Distribution in Long Beach
In Long Beach, NY, the financial advisor salary spread from the 10th to 90th percentile is $121,763 (2026 est.). At $125,529, the local median is 15.66% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Long Beach: You'd be in the lower-middle range
How Long Beach Financial Advisor Pay Compares
Long Beach median: $125,529/year (2026)
| Compared To | Median Salary | Long Beach Pays |
|---|---|---|
| New York Average | $127,311 | -1.40% less |
| National Average | $108,537 | +15.66% more |
Financial Advisors in Long Beach, NY earn a median of $125,529 per year (2026 est.), which is 15.66% higher than the national median of $108,537 and 1.40% below the New York state average of $127,311.
Cost-of-Living Adjusted Salary
Long Beach has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Long Beach, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $125,529 is competitive, the higher cost of living reduces purchasing power to an effective $108,308 — a 13.72% reduction.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$101,603
2025 BLS Actual
$121,519
2026 Current Est.
$125,529
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Long Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $101,603 | Actual |
| 2020 | $103,315 | Actual |
| 2021 | $108,913 | Actual |
| 2022 | $110,324 | Actual |
| 2023 | $115,170 | Actual |
| 2024 | $191,930 | Actual |
| 2025 | $121,519 | Actual |
| 2026(current) | $125,529 | Estimated |
| 2027 | $129,672 | Projected |
Based on 7 years of BLS OEWS data for the Long Beach metropolitan area, the median financial advisor salary grew 19.6% from $101,603 (2019) to $121,519 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $129,672 by 2027 — a total increase of $28,069 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Long Beach 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) | $72,807 – $90,381 |
| 3-5 years (Mid Career) | $90,381 – $125,529 |
| 5+ years (Experienced) | $125,529 – $160,677 |
| 10+ years (Top Earner) | $160,677 – $194,570 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Long Beach
While Long Beach employs only seven financial advisors, the relatively concentrated market can offer distinct advantages, especially as the cost of living hovers above the national average with a CoL index of 115.9. This factor enhances the take-home purchasing power for advisors, making competitive salaries even more critical. Among local employers, major wirehouses like Morgan Stanley and Merrill Lynch, as well as independent broker-dealers, typically offer the highest salaries, while RIAs may attract advisors by providing long-term growth opportunities without the pressure of high commission sales. The disparity in compensation across the financial landscape stems from various factors, including the size of the advisor's AUM, the fee structures in place, and the potential for bonuses linked to high-net-worth clients. For those looking to maximize their financial advisor pay in Long Beach, focusing on building a strong AUM base and obtaining certifications like the CFP or CFA may be key strategies to enhance career advancement.
More salary data for Long Beach, NY:
Frequently Asked Questions
How much do financial advisors make in Long Beach, NY in 2026?
Is Long Beach, NY a good place to work as a financial advisor?
Can financial advisors make $100K in Long Beach?
What is the cost-of-living adjusted financial advisor salary in Long Beach?
How much does a financial advisor make per hour in Long Beach?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in New York
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 $121,519 for financial advisorsin the Long Beach 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 Long Beach 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