Senior Financial Advisor Salary in Binghamton, NY: $340,714 (2026)
Quick Answer:The top tier of financial advisors working in Binghamton, NY — those at or above the 90th percentile — pull in $340,714/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 13-2052. Strip back Binghamton's price premium (BEA RPP 92.9, 7% below national) and that top-decile pay carries the same buying power as $366,900 in average-cost America. The 218% spread above city median typically rewards 7+ years of practice or specialty credentials.
Official BLS data · View source
Earning potential for experienced financial advisors in Binghamton, NY is substantial, with the 2026 projected median annual salary at $107,008. The top earners in this market (P90 at $340,714) significantly outpace many of their peers, demonstrating a pronounced gap between general compensation and what those at the highest levels can achieve. This difference highlights the value of expertise and proven clientele in advancing within the industry. Achieving such top-tier pay often requires a robust network and a reputation for tailored financial solutions, particularly within high-net-worth communities that demand sophisticated advisory services.
2026 Salary Percentile Distribution in Binghamton
Experienced financial advisors at the top of the pay scale in Binghamton earn between $216,424 and $340,714 per year (2026 est.). This $274,995 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Binghamton median of $107,008 sits 1.41% below the US median.
Top CFP, FA Salary Comparison
| Level | Binghamton | National |
|---|---|---|
| Median (P50) | $107,008 | $108,537 |
| 75th Percentile | $216,424 | $182,624 |
| 90th Percentile (Top 10%) | $340,714 | $368,802 |
In Binghamton, experienced financial advisors (P90) earn 218.40% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Financial Advisor Pay in Binghamton
Advanced Certifications in New York
NY financial advisors with additional specialty certifications within the financial planning field earn significantly above the $107,008 median. Expanded-scope credentials are increasingly valued by Binghamton employers.
Specialty Focus
Financial Advisors focusing on high-acuity or specialty areas within the financial planning field in Binghamton command premium compensation, often reaching the $216,424–$340,714 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Binghamton metro area often pay above-market rates for experienced financial advisors who demonstrate efficiency and leadership.
Employer Loyalty & Patient Relationships
Long-tenured financial advisors in Binghamton with established relationships have strong negotiating leverage. In this developing market, retention bonuses and annual raises are common for top performers.
Continuing Education & Leadership
Financial Advisors in New York who pursue advanced degrees, mentor junior staff, or lead clinical education programs position themselves for the highest compensation tiers and management roles.
Financial Advisor Career & Wage Growth Path in Binghamton
Clinical Financial Advisor
0-5 yearsSenior/Lead Financial Advisor
5-10 yearsFinancial Advisor Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedBinghamton ranks #7 of 39 New York cities for top earner financial advisor salary (90th percentile: $340,714).
Top 10% financial advisor compensation in Binghamton ($340,714) is 19.73% below the New York average P90 ($424,477).
2019 BLS Actual
$116,680
2025 BLS Actual
$329,830
2026 Current Est.
$340,714
2019–2027 Growth
+201.6%
Salary Trajectory for Financial Advisors in Binghamton (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $116,680 | Actual |
| 2020 | $186,220 | Actual |
| 2022 | $226,990 | Actual |
| 2025 | $329,830 | Actual |
| 2026(current) | $340,714 | Estimated |
| 2027 | $351,958 | Projected |
Top-earning financial advisors (90th percentile) in Binghamton saw their compensation grow 182.7% from $116,680 in 2019 to $329,830 in 2025, based on 4 years of BLS OEWS data for this metropolitan area. At a 3.30% annual growth rate, senior-level pay is projected to reach $351,958 by 2027, reflecting continued demand for clinical expertise and expanded-function credentials.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Binghamton 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 4-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Maximizing Your Financial Advisor Earnings in Binghamton
Compensation for senior financial advisors varies widely based on specialization and employment type in Binghamton. Those focusing on areas like estate planning, high-net-worth private wealth management, and business owner succession planning typically command higher salaries due to the complex nature of their services. Advisors associated with prestigious wirehouses such as Morgan Stanley or Wells Fargo may follow a commission-based pay model but could also face increased pressure to produce, while independent Registered Investment Advisors (RIAs) may benefit from a more stable AUM-based fee structure, averaging approximately 1% of managed assets. Clear paths for advancement exist, from junior advisor to lead roles and even founding their own practices, with credentials like the CFP or CFA further enhancing earning potential. Non-salary compensation, such as equity stakes in RIAs or transitioning bonuses from wirehouses, also plays a vital role in overall financial rewards for seasoned professionals in this evolving marketplace.
More salary data for Binghamton, NY:
Frequently Asked Questions
How much do experienced financial advisors make in Binghamton in 2026?
What drives higher financial advisor pay in Binghamton?
What certifications boost financial advisor salary in Binghamton?
Can experienced financial advisors make six figures in Binghamton?
How much does financial advisor salary increase over time in Binghamton?
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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
Top-earner salary figures on this page are 2026 projections derived from the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. BLS reported a 90th percentile salary of $329,830 for financial advisors in the Binghamton metro area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 senior-level compensation. Individual earnings depend on certifications, specialization, practice type, and years of clinical experience.
Data Sources & Methodology
Source: BLS, OEWS, 4-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