Financial Advisor Salary in North Providence, RI: $104,652 (2026)
Quick Answer:A full-time financial advisor in North Providence, RI earns a median $104,652/year (≈ $50.32/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in North Providence's price level (1% above national, BEA RPP 100.5), that paycheck buys what $104,131 would nationally. Nominal pay sits 4.1% below the Rhode Island state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in North Providence, Rhode Island, can expect a median annual salary of $104,652, which is slightly below the national median of $108,537. The salary range for this role varies significantly, with figures spanning from $60,698 at the 10th percentile to $162,211 at the 90th percentile. Such numbers suggest that advisors’ earnings in North Providence are influenced by their business model, particularly the divide between wirehouses and Registered Investment Advisors (RIAs). While wirehouses often employ a commission-based model, RIAs tend to operate on an assets under management (AUM) structure, which can substantially affect financial advisor pay in North Providence RI. As the financial advisory industry continues to evolve, those in the local job market may find opportunities to optimize their compensation through client-centric approaches and strategic firm selection.
About the North Providence Market
Salary estimated from Rhode Island average ($108,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $60,698 | $29.18 |
| Lower Range (P25) | $75,349 | $36.23 |
| Median (P50)(typical) | $104,652 | $50.32 |
| Upper Range (P75) | $133,955 | $64.40 |
| Top Earners (P90) | $162,211 | $77.98 |
Median Salary Position
3.58% below the national average
2026 Salary Percentile Distribution in North Providence
In North Providence, RI, the financial advisor salary spread from the 10th to 90th percentile is $101,513 (2026 est.). At $104,652, the local median is 3.58% below the national median of $108,537.
Salary Calculator
At 40 hours/week in North Providence: You'd be in the lower-middle range
How North Providence Financial Advisor Pay Compares
North Providence median: $104,652/year (2026)
| Compared To | Median Salary | North Providence Pays |
|---|---|---|
| Rhode Island Average | $109,126 | -4.10% less |
| National Average | $108,537 | -3.58% less |
Financial Advisors in North Providence, RI earn a median of $104,652 per year (2026 est.), which is 3.58% lower than the national median of $108,537 and 4.10% below the Rhode Island state average of $109,126.
Cost-of-Living Adjusted Salary
North Providence has a cost of living 0.50% above the national average.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
North Providence, RI has a cost-of-living index of 100.5 (above the national average of 100). While the nominal salary of $104,652 is competitive, the higher cost of living reduces purchasing power to an effective $104,131 — a 0.5% reduction.
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2019 BLS Actual
$84,705
2025 BLS Actual
$101,309
2026 Current Est.
$104,652
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in North Providence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $84,705 | Actual |
| 2020 | $86,132 | Actual |
| 2021 | $90,799 | Actual |
| 2022 | $91,975 | Actual |
| 2023 | $96,016 | Actual |
| 2024 | $104,134 | Actual |
| 2025 | $101,309 | Actual |
| 2026(current) | $104,652 | Estimated |
| 2027 | $108,106 | Projected |
Based on 7 years of BLS OEWS data for the North Providence metropolitan area, the median financial advisor salary grew 19.6% from $84,705 (2019) to $101,309 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $108,106 by 2027 — a total increase of $23,401 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the North Providence 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) | $60,698 – $75,349 |
| 3-5 years (Mid Career) | $75,349 – $104,652 |
| 5+ years (Experienced) | $104,652 – $133,955 |
| 10+ years (Top Earner) | $133,955 – $162,211 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in North Providence
The job market in North Providence features a modest pool of six financial advisors currently employed, signaling a relatively niche environment for the profession. Despite having a cost-of-living index of 100.5, which slightly exceeds the national average, financial advisors must navigate potential challenges regarding take-home purchasing power. Among regional employers, wirehouses like Morgan Stanley and UBS often lead in compensation, but RIAs, particularly those emphasizing fiduciary responsibility and transparent fee structures, are gaining traction. Factors contributing to the considerable pay disparity include advisor credentials such as CFP or CFA designations, client base dynamics, and firm culture. To maximize earnings in North Providence, financial advisors should focus on building a robust AUM book, exploring various compensation models, and consistently enhancing their skills to adapt to the shifting landscape, thereby positioning themselves competitively both locally and nationally.
More salary data for North Providence, RI:
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 $101,309 for financial advisorsin the North Providence 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 North Providence 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