Average Personal Financial Advisors Salary in Glens Falls, NY
The average salary for Personal Financial Advisorss in Glens Falls, NY is $131,480. While this is lower than the national average, the cost of living in Glens Falls, NY may offset the difference, preserving real purchasing power.
Executive Summary
- Average Salary: $131,480 per year.
- Growth Trend: Salaries have shifted 0.0% ↘ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $197,220.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 30 professionals. This role remains a specialized component of the broader Glens Falls, NY economy.
Salary Overview
The average Personal Financial Advisors in Glens Falls, NY earns-18.0%below the national average.
$63.2
$2,528
$10,957
Personal Financial Advisors Salary Trends (2020-2024)
Historical trend data for Personal Financial Advisors in Glens Falls, NY is limited, but current market signals indicate a stable demand environment.
Personal Financial Advisors Salary Distribution in Glens Falls, NY
The earning potential for Personal Financial Advisorss in Glens Falls, NY varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.5x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $57,020, while highly experienced professionals can command wages upwards of $197,220.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $57,020 | $27.4 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $98,610 | $47.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $97,600 | $46.9 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $164,350 | $79 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $197,220 | $94.8 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$131,480
Gross Pay
Real Wage (Purchasing Power)
$131,480
Adjusted for COL (100)
In Glens Falls, NY, the Cost of Living Index is 100. This increases your effective purchasing power from $131,480 to $131,480.
Job Market Context
30
Total Jobs
0.666
Per 1K Jobs
0.38
Location Quotient
At 0.38x, Glens Falls, NY has a notably lower concentration of Personal Financial Advisors jobs than the national average. Opportunities in this area are relatively scarce for this profession.
30 people work as Personal Financial Advisors in Glens Falls, NY.
Only 0.666 out of every 1,000 local jobs are Personal Financial Advisors roles — this is a niche profession in the area.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY Personal Financial Advisors Salary | $165,600↑ 26% | 45 mi |
| Pittsfield, MA Personal Financial Advisors Salary | $162,070↑ 23% | 62 mi |
| Northern Vermont nonmetropolitan area Personal Financial Advisors Salary | $112,070↓ 15% | 69 mi |
| Southern Vermont nonmetropolitan area Personal Financial Advisors Salary | $125,800↓ 4% | 69 mi |
| Utica-Rome, NY Personal Financial Advisors Salary | $177,190↑ 35% | 81 mi |
Comparing salaries near Glens Falls, NY
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Glens Falls, NY?
The median annual salary for a Personal Financial Advisors in Glens Falls, NY is $131,480. This typically ranges from $57,020 for entry-level positions to $197,220 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Glens Falls, NY is 18.0% lower than the national median of $160,360.
Is Glens Falls, NY a good place for Personal Financial Advisorss?
It depends on your priorities. While the average Personal Financial Advisors salary in Glens Falls, NY is $131,480 (below the national average), the area may offer a lower cost of living or other lifestyle benefits typical of Glens Falls, NY. See distinct detailed breakdown below.
Is Glens Falls, NY a good place to live for Personal Financial Advisors?
The Cost of Living Index in Glens Falls, NY is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Glens Falls, NY?
Some top paying nearby cities include Albany-Schenectady-Troy, NY ($165,600) and Pittsfield, MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 30 employees in the Glens Falls, NY area with a job density of 0.666 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Glens Falls, NY