Average Personal Financial Advisors Salary in Pittsfield, MA
The average salary for a Personal Financial Advisors in Pittsfield, MA is $162,070. This compensation is in line with national standards, reflecting a balanced and stable local job market.
Executive Summary
- Average Salary: $162,070 per year.
- Growth Trend: Salaries have shifted 13.9% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $243,105.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 70 professionals. This role remains a specialized component of the broader Pittsfield, MA economy.
Salary Overview
The average Personal Financial Advisors in Pittsfield, MA earns+1.1%above the national average.
$77.9
$3,117
$13,506
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Pittsfield, MA have shown healthy growth of 13.9%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Pittsfield, MA
The earning potential for Personal Financial Advisorss in Pittsfield, MA varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 3.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $62,450, while highly experienced professionals can command wages upwards of $243,105.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $62,450 | $30 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $121,553 | $58.4 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $132,170 | $63.5 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $202,588 | $97.4 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $243,105 | $116.9 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$162,070
Gross Pay
Real Wage (Purchasing Power)
$162,070
Adjusted for COL (100)
In Pittsfield, MA, the Cost of Living Index is 100. This increases your effective purchasing power from $162,070 to $162,070.
Job Market Context
70
Total Jobs
1.195
Per 1K Jobs
0.68
Location Quotient
Pittsfield, MA has 0.68x the national average concentration of Personal Financial Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
70 people work as Personal Financial Advisors in Pittsfield, MA.
1.195 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Albany-Schenectady-Troy, NY Personal Financial Advisors Salary | $165,600↑ 2% | 31 mi |
| Springfield, MA Personal Financial Advisors Salary | $160,510↓ 1% | 44 mi |
| Kingston, NY Personal Financial Advisors Salary | $143,200↓ 12% | 52 mi |
| Hartford-West Hartford-East Hartford, CT Personal Financial Advisors Salary | $124,440↓ 23% | 56 mi |
Comparing salaries near Pittsfield, MA
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Pittsfield, MA?
The median annual salary for a Personal Financial Advisors in Pittsfield, MA is $162,070. This typically ranges from $62,450 for entry-level positions to $243,105 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Pittsfield, MA is 1.1% higher than the national median of $160,360.
Is Pittsfield, MA a good place for Personal Financial Advisorss?
Yes, Pittsfield, MA is financially attractive for Personal Financial Advisorss. The average salary of $162,070 exceeds the national average. See distinct detailed breakdown below.
Is Pittsfield, MA a good place to live for Personal Financial Advisors?
The Cost of Living Index in Pittsfield, MA is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Pittsfield, MA?
Some top paying nearby cities include Albany-Schenectady-Troy, NY ($165,600) and Springfield, MA.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 70 employees in the Pittsfield, MA area with a job density of 1.195 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
Explore Personal Financial Advisors Salaries by State
Top Jobs in Pittsfield, MA
- All Occupations Salary in Pittsfield, MA
- Office and Administrative Support Occupations Salary in Pittsfield, MA
- Food Preparation and Serving Related Occupations Salary in Pittsfield, MA
- Sales and Related Occupations Salary in Pittsfield, MA
- Educational Instruction and Library Occupations Salary in Pittsfield, MA
- Healthcare Support Occupations Salary in Pittsfield, MA
- Management Occupations Salary in Pittsfield, MA
- Healthcare Practitioners and Technical Occupations Salary in Pittsfield, MA
- Transportation and Material Moving Occupations Salary in Pittsfield, MA
- Business and Financial Operations Occupations Salary in Pittsfield, MA
- Browse All Jobs in Pittsfield, MA →
Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Pittsfield, MA