Financial Advisor Salary in Oneonta, NY: $118,840 (2026)
Quick Answer:A full-time financial advisor in Oneonta, NY earns a median $118,840/year (≈ $57.14/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Oneonta's price level (16% above national, BEA RPP 115.9), that paycheck buys what $102,537 would nationally. Nominal pay sits 6.7% below the New York state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Oneonta, NY, are expected to earn a median annual salary of $118,840, reflecting a trend towards higher compensation within the financial planning sector. The salary range for these professionals varies widely, with entry-level positions starting around $68,928, while experienced advisors can earn up to $184,202. This data, derived from projections based on 2025 BLS state-level data and adjusted for regional price parity, highlights the growing premium for Certified Financial Planner (CFP) credentials and the shift toward fiduciary fee-only models. As the job market in Oneonta evolves, the compensation landscape for financial advisors continues to reflect both local and national economic conditions.
About the Oneonta Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $68,928 | $33.14 |
| Lower Range (P25) | $86,539 | $41.61 |
| Median (P50)(typical) | $118,840 | $57.14 |
| Upper Range (P75) | $152,115 | $73.14 |
| Top Earners (P90) | $184,202 | $88.56 |
Median Salary Position
9.49% above the national average
2026 Salary Percentile Distribution in Oneonta
In Oneonta, NY, the financial advisor salary spread from the 10th to 90th percentile is $115,274 (2026 est.). At $118,840, the local median is 9.49% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Oneonta: You'd be in the lower-middle range
How Oneonta Financial Advisor Pay Compares
Oneonta median: $118,840/year (2026)
| Compared To | Median Salary | Oneonta Pays |
|---|---|---|
| New York Average | $127,375 | -6.70% less |
| National Average | $108,537 | +9.49% more |
Financial Advisors in Oneonta, NY earn a median of $118,840 per year (2026 est.), which is 9.49% higher than the national median of $108,537 and 6.70% below the New York state average of $127,375.
Cost-of-Living Adjusted Salary
Oneonta has a cost of living 15.90% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Oneonta, NY has a cost-of-living index of 115.9 (above the national average of 100). While the nominal salary of $118,840 is competitive, the higher cost of living reduces purchasing power to an effective $102,537 — a 13.72% reduction.
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2019 BLS Actual
$96,189
2025 BLS Actual
$115,044
2026 Current Est.
$118,840
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Oneonta (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $96,189 | Actual |
| 2020 | $97,810 | Actual |
| 2021 | $103,109 | Actual |
| 2022 | $104,445 | Actual |
| 2023 | $109,033 | Actual |
| 2024 | $181,704 | Actual |
| 2025 | $115,044 | Actual |
| 2026(current) | $118,840 | Estimated |
| 2027 | $122,762 | Projected |
Based on 7 years of BLS OEWS data for the Oneonta metropolitan area, the median financial advisor salary grew 19.6% from $96,189 (2019) to $115,044 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $122,762 by 2027 — a total increase of $26,573 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Oneonta 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) | $68,928 – $86,539 |
| 3-5 years (Mid Career) | $86,539 – $118,840 |
| 5+ years (Experienced) | $118,840 – $152,115 |
| 10+ years (Top Earner) | $152,115 – $184,202 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Oneonta
With only five financial advisors currently employed in Oneonta, the local job market is tight, yet the compensation remains competitive within the context of a cost-of-living index of 115.9. This elevated cost means take-home pay doesn't stretch as far as it might in less expensive areas. Financial institutions like Morgan Stanley and Merrill Lynch typically lead in salary offerings, particularly for advisors associated with wirehouse firms, while Registered Investment Advisors (RIAs) usually pay less in base salary but provide opportunities for performance bonuses based on assets under management (AUM). Factors that contribute to the salary disparity include client concentration of high-net-worth individuals, the varying business models between commission-based and fee-only structures, and the premium associated with obtaining a CFP or CFA designation. For those looking to maximize their financial advisor pay in Oneonta, building a strong AUM, focusing on fiduciary relationships, and pursuing additional certifications can lead to better financial outcomes.
More salary data for Oneonta, 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 $115,044 for financial advisorsin the Oneonta 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 Oneonta 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