Senior Financial Advisor Salary in Utica, NY: $464,395 (2026)
Quick Answer:The top tier of financial advisors working in Utica, NY — those at or above the 90th percentile — pull in $464,395/year or more for 2026, based on BLS OEWS 2025 estimates for SOC 13-2052. Strip back Utica's price premium (BEA RPP 92.7, 7% below national) and that top-decile pay carries the same buying power as $501,084 in average-cost America. The 265% spread above city median typically rewards 7+ years of practice or specialty credentials.
Official BLS data · View source
The potential for earning top financial advisor salary in Utica, NY, is significant, especially for seasoned professionals with advanced skills and experience. The projected 2026 figures indicate an impressive range, with the highest earners (P90) reaching $464,395, significantly surpassing the median annual salary of $127,348. This demonstrates the experience premium associated with senior roles, where the gap between median compensation and top-tier pay creates ample opportunities for financial advisors who excel in their fields. Achieving such high figures often requires specialized knowledge, a robust client base, and a proven track record, particularly in key areas like high-net-worth management, estate planning, and retirement advisement.
2026 Salary Percentile Distribution in Utica
Experienced financial advisors at the top of the pay scale in Utica earn between $218,986 and $464,395 per year (2026 est.). This $399,585 range from 10th to 90th percentile reflects significant earnings potential growth over a career. The Utica median of $127,348 sits 17.33% above the US median.
Top CFP, FA Salary Comparison
| Level | Utica | National |
|---|---|---|
| Median (P50) | $127,348 | $108,537 |
| 75th Percentile | $218,986 | $182,624 |
| 90th Percentile (Top 10%) | $464,395 | $368,802 |
In Utica, experienced financial advisors (P90) earn 264.67% more than the local median — reflecting the significant value of specialization and tenure in this market.
What Drives Top Financial Advisor Pay in Utica
Advanced Certifications in New York
NY financial advisors with additional specialty certifications within the financial planning field earn significantly above the $127,348 median. Expanded-scope credentials are increasingly valued by Utica employers.
Specialty Focus
Financial Advisors focusing on high-acuity or specialty areas within the financial planning field in Utica command premium compensation, often reaching the $218,986–$464,395 range.
Large Health-System & Multi-Site Experience
Large hospital systems and multi-site employers in the Utica 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 Utica 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 Utica
Clinical Financial Advisor
0-5 yearsSenior/Lead Financial Advisor
5-10 yearsFinancial Advisor Department Manager
10+ yearsEducator / Specialty Leadership
AdvancedUtica ranks #1 of 39 New York cities for top earner financial advisor salary (90th percentile: $464,395).
Top 10% financial advisor compensation in Utica ($464,395) is 9.4% above the New York average P90 ($424,477).
2025 BLS Baseline
$449,560
2025 BLS Actual
$449,560
2026 Current Est.
$464,395
Annual Growth
+3.30%
Salary Trajectory for Financial Advisors in Utica (2025–2027)
Data for Utica, NY based on CAGR 3.30%. Compound interest method applied to BLS baseline.
| Year | Annual Salary | Status |
|---|---|---|
| 2025 | $449,560 | Actual |
| 2026(current) | $464,395 | Estimated |
| 2027 | $479,721 | Projected |
Experienced financial advisors at the top of the pay scale in Utica are projected to see their compensation grow to $479,721 by 2027. The 3.30% annual growth rate reflects continued demand for senior-level clinical expertise and expanded-function credentials in the Utica-NY metro area.
Note: The 2025 figure is sourced directly from the Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from national BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Maximizing Your Financial Advisor Earnings in Utica
Diving deeper, various factors influence the senior financial advisor pay in NY, particularly specialization and employer type. Advisors focusing on high-net-worth clients or providing niche services, such as estate planning or business succession, typically command higher fees, enhancing their overall compensation. Furthermore, the compensation structure varies significantly across different employer types; those at established wirehouses or independent RIA firms often have diverse fee models that affect their earnings — while wirehouses usually rely on commission-based pay, RIAs tend to implement an AUM-based fee model that can yield substantial income for advisors managing larger asset pools. Career progression pathways, such as advancing from junior advisor to partner, can further facilitate income increases. Additionally, obtaining advanced certifications like CFP or CFA can enhance their qualifications, enabling advisors in Utica to negotiate higher salaries and establish fruitful relationships with clients.
More salary data for Utica, NY:
Frequently Asked Questions
How much do experienced financial advisors make in Utica in 2026?
What drives higher financial advisor pay in Utica?
What certifications boost financial advisor salary in Utica?
Can experienced financial advisors make six figures in Utica?
How much does financial advisor salary increase over time in Utica?
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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 $449,560 for financial advisors in the Utica 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 , released .
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