Financial Advisor salary in Massachusetts

Average salary
Based on 415 income tax records
Average salary by age
How much do Financial Advisors make?
The average total salary for a Financial Advisor is $100,500 per year. This is based on data from 415 TurboTax users who reported their occupation as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $36,000 to $534,000 depending on factors including education, skills, experience, employer & location. Read more
Learn more about Mint Salary
DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Financial Advisor salary by location

Financial Advisor salary by company

Average salary per year*
Salary range**
Morgan Stanley, Massachusetts
33 income tax records
$49K – $595K
Fidelity, Massachusetts
21 income tax records
$62K – $362K
Wells Fargo, Massachusetts
10 income tax records
$63K – $193K
Merrill Lynch, Massachusetts
73 income tax records
$50K – $690K
Citizens Securities, Massachusetts
17 income tax records
$37K – $223K
New York Life Insurance, Massachusetts
12 income tax records
$29K – $83K

Financial Advisor demographics in Massachusetts

single icon
54% are single
married icon
46% are married
have kids icon
35% have kids
own a home icon
53% own a home

Effective Tax Rates for Financial Advisors in Massachusetts

415 full-time salaries from 2019
mint phone
Earn what you deserve.
Other financial advisors track salary trends in Mint, you should too.
The average salary for a financial advisor in Massachusetts is $100,500 per year. Financial advisor salaries in Massachusetts can vary between $36,000 to $534,000 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 415 tax returns from TurboTax customers who reported their occupation as financial advisor.

The following companies offer the highest salaries for financial advisors in Massachusetts: Morgan Stanley ($144,000 a year), Fidelity ($119,500 a year), and Wells Fargo ($100,000 a year).

The following cities offer the highest salaries for financial advisors in Massachusetts: Boston, MA ($113,000 a year), Quincy, MA ($72,500 a year), and South Boston, MA ($72,500 a year).
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
Total salary ranges shown here exclude outliers.