Financial Advisor Salary in Syracuse, NY: $130,602 (2026)
Quick Answer:A full-time financial advisor in Syracuse, NY earns a median $130,602/year (≈ $62.79/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Syracuse's price level (4% below national, BEA RPP 95.7), that paycheck buys what $136,410 would nationally. Nominal pay sits 2.6% above the New York state average.
Official BLS data · View source
Financial advisors in Syracuse, NY are projected to earn a median annual salary of $130,602 in 2026, reflecting a significant value above the national median of $108,537. This represents a robust 20.33% premium for local advisors compared to the national average. Salary offerings in the area can vary considerably, with the range extending from $69,924 at the 10th percentile to an impressive $462,929 for those at the 90th percentile. These estimates are derived from official BLS OEWS surveys and illustrate a market poised for growth, driven by the evolving dynamics of the financial advisory profession. With 240 financial advisors currently practicing in Syracuse, the local job market demonstrates both demand and opportunity for skilled professionals seeking to establish a long-term career in this competitive field.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $69,924 | $33.61 |
| Lower Range (P25) | $78,498 | $37.75 |
| Median (P50)(typical) | $130,602 | $62.79 |
| Upper Range (P75) | $233,334 | $112.18 |
| Top Earners (P90) | $462,929 | $222.56 |
Median Salary Position
20.33% above the national average
2026 Salary Percentile Distribution in Syracuse
In Syracuse, NY, the financial advisor salary spread from the 10th to 90th percentile is $393,005 (2026 est.). At $130,602, the local median is 20.33% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Syracuse: You'd be in the entry-level range
How Syracuse Financial Advisor Pay Compares
Syracuse median: $130,602/year (2026)
| Compared To | Median Salary | Syracuse Pays |
|---|---|---|
| New York Average | $127,293 | +2.60% more |
| National Average | $108,537 | +20.33% more |
Financial Advisors in Syracuse, NY earn a median of $130,602 per year (2026 est.), which is 20.33% higher than the national median of $108,537 and 2.60% above the New York state average of $127,293.
Cost-of-Living Adjusted Salary
Syracuse has a cost of living 4.26% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Syracuse, NY has a cost-of-living index of 95.742 (below the national average of 100). A financial advisor earning $130,602 nominally has purchasing power equivalent to $136,410 in an average-cost city — an effective 4.45% boost.
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2019 BLS Actual
$79,950
2025 BLS Actual
$126,430
2026 Current Est.
$130,602
2019–2027 Growth
+68.7%
Salary Trajectory for Financial Advisors in Syracuse (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $79,950 | Actual |
| 2020 | $79,080 | Actual |
| 2021 | $88,390 | Actual |
| 2022 | $73,880 | Actual |
| 2023 | $78,600 | Actual |
| 2024 | $82,380 | Actual |
| 2025 | $126,430 | Actual |
| 2026(current) | $130,602 | Estimated |
| 2027 | $134,912 | Projected |
Based on 7 years of BLS OEWS data for the Syracuse metropolitan area, the median financial advisor salary grew 58.1% from $79,950 (2019) to $126,430 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $134,912 by 2027 — a total increase of $54,962 (68.75%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Syracuse 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) | $69,924 – $78,498 |
| 3-5 years (Mid Career) | $78,498 – $130,602 |
| 5+ years (Experienced) | $130,602 – $233,334 |
| 10+ years (Top Earner) | $233,334 – $462,929 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Syracuse
A solid understanding of Syracuse's job market and its cost of living reveals significant insights for prospective financial advisors. The current cost of living index stands at 95.742, suggesting that taking home a higher salary translates into greater purchasing power in the area compared to the national average. Financial advisors affiliated with major wirehouses like Morgan Stanley and Merrill Lynch may offer some of the highest compensation packages; however, independent broker-dealers and Registered Investment Advisors (RIAs) also present lucrative options. The disparity in salaries often stems from factors such as assets under management (AUM), compensation structures, client portfolios, and credentials like the CFP or CFA designations. Advisors aiming to maximize their financial advisor pay in Syracuse, NY should consider focusing on building a strong AUM base, choosing fee structures that align with client needs, and pursuing additional certifications to enhance their professional reputation.
More salary data for Syracuse, 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 $126,430 for financial advisorsin the Syracuse 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, 7-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