Personal Financial Advisors Salary
The median pay for a personal financial advisors in Rochester, NY is $101,150/year ($48.63/hour), per BLS data. The range runs from $61K at the entry level to $286K for experienced workers. Adjusted for local prices (RPP 97.03), that's roughly $104,246 in purchasing power. Rent on a 2-bedroom averages $1,573/month, or 25.3% of estimated take-home pay.
So what does $101K get you in Rochester?
Groceries, utilities, transportation, and healthcare scaled from national averages by Rochester’s Regional Price Parity (97.03). Rent from HUD Fair Market Rents. Taxes estimated for single filer, standard deduction. * Healthcare is the employee-paid share only (premiums + out-of-pocket). Actual costs vary by coverage type: employer-sponsored, ACA marketplace, or uninsured.
About personal financial advisors
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What this looks like in Rochester
Personal financial advisors pay in Rochester tracks closely to the national median, $101K locally vs. $105K nationwide, a 4% difference. Rent runs $1,573/month for a 2-bedroom (HUD FMR), taking 25.3% of the median take-home. That's within the 30% rule, though not by much. Cost of living (RPP 97.03) is near the national average, so spending patterns here track the typical American budget fairly closely. Pay and costs are both near average, leaving limited margin for savings at the median wage.
Compared to nearby metros
Median pay for personal financial advisors in metros near Rochester, adjusted for local cost of living.
| Metro | Median pay | COL-adjusted |
|---|---|---|
| New York-Newark-Jersey City | $170K | $151K |
| Buffalo-Cheektowaga | $104K | $108K |
| Albany-Schenectady-Troy | $125K | $125K |
| Kiryas Joel-Poughkeepsie-Newburgh | $114K | $104K |
COL-adjusted = median salary ÷ (BEA Regional Price Parity ÷ 100). Expresses purchasing power in national-average dollars.
Compensation breakdown
Annual earnings by percentile, Rochester, NY
Entry-level personal financial advisors (10th percentile) start around $61K. Mid-career wages sit at $101K. Top earners bring in $286K or more, a $225K spread from bottom to top.
Personal Financial Advisors pay across states
Median income ranked highest to lowest, compared to the national figure
View Personal Financial Advisors salary in all states
| State | Median salary | vs. national | Employment |
|---|---|---|---|
| New York | $166K | +58% | 21,550 |
| New Jersey | $159K | +51% | 9,300 |
| California | $130K | +24% | 32,200 |
| Connecticut | $130K | +23% | N/A |
| South Dakota | $129K | +23% | 620 |
| Massachusetts | $126K | +20% | N/A |
| Delaware | $125K | +19% | N/A |
| Oregon | $123K | +17% | 3,070 |
| Illinois | $120K | +14% | 9,760 |
| Wisconsin | $119K | +14% | 5,200 |
| Washington | $114K | +9% | 5,790 |
| Vermont | $110K | +5% | 520 |
| Pennsylvania | $105K | +0% | 12,200 |
| District of Columbia | $105K | -0% | 480 |
| Minnesota | $103K | -2% | 5,280 |
| Virginia | $103K | -2% | 6,340 |
| Kansas | $103K | -2% | 4,150 |
| Georgia | $101K | -3% | 6,830 |
| Florida | $101K | -4% | 21,490 |
| Missouri | $100K | -5% | 4,480 |
| Maryland | $100K | -5% | 5,260 |
| Texas | $99K | -6% | 18,200 |
| Montana | $97K | -7% | N/A |
| Arizona | $97K | -8% | 6,430 |
| North Carolina | $97K | -8% | 12,340 |
| New Hampshire | $97K | -8% | 1,850 |
| South Carolina | $96K | -8% | 2,400 |
| Idaho | $94K | -10% | 760 |
| New Mexico | $94K | -10% | 610 |
| Nebraska | $93K | -11% | 2,210 |
| Nevada | $93K | -12% | 1,730 |
| Iowa | $92K | -12% | 1,920 |
| Ohio | $91K | -13% | 7,680 |
| Colorado | $89K | -15% | 6,730 |
| Indiana | $88K | -17% | 5,400 |
| Tennessee | $84K | -20% | 3,970 |
| Rhode Island | $80K | -24% | 1,130 |
| West Virginia | $80K | -24% | 670 |
| Arkansas | $79K | -24% | 1,320 |
| Alaska | $79K | -25% | N/A |
| Alabama | $78K | -26% | 2,540 |
| Michigan | $78K | -26% | 6,570 |
| Wyoming | $77K | -26% | 310 |
| Utah | $77K | -26% | 2,520 |
| North Dakota | $77K | -27% | 540 |
| Hawaii | $76K | -28% | 550 |
| Oklahoma | $69K | -35% | 1,140 |
| Kentucky | $67K | -36% | 2,040 |
| Mississippi | $63K | -40% | 790 |
Showing 1–10 of 49 states with published data
BLS does not publish data for every state when sample sizes are too small
Track personal financial advisors salary changes
BLS updates this data quarterly. We'll email you when Rochester numbers change.
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Frequently asked questions
Can a personal financial advisor afford a 2BR apartment alone in Rochester?
Yes — at the median salary of $101K, rent takes 25.3% of take-home pay. A 2-bedroom at the HUD Fair Market Rent runs $1,573/month. That stays under the 30% guideline most financial planners use.
What’s the entry-level salary for personal financial advisors in Rochester?
The 10th-percentile wage — what new personal financial advisors typically earn — is $61K/year. Take-home on that works out to about $3,671/month. At HUD’s $1,573/month FMR, rent would take 43% of that take-home — above the 30% guideline, so a 1-bedroom or shared housing is likely necessary starting out.
Is personal financial advisor a high-paying job in Rochester?
Pay here is roughly in line with the national average — $101K locally vs. $105K nationally, a 4% difference.
How does Rochester compare to the national average for personal financial advisors?
Rochester pays $101K median vs. the U.S. average of $105K — that’s -4%. After adjusting for local cost of living (RPP 97.03), the purchasing-power equivalent is $104K — below the national median.
How much do personal financial advisors make in Rochester, NY?
The median is $101,150 a year, that works out to about $49 an hour. But the range is wide: entry-level workers start around $61,190, and experienced personal financial advisors can clear $286,310. These are BLS numbers, based on employer-reported data, not self-reported surveys.
Is $101K enough to live in Rochester?
On that salary, you'd take home roughly $6,210/month after taxes. A 2-bedroom here rents for about $1,573/month, which eats 25.3% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.
How far does a personal financial advisors salary go in Rochester?
Rochester has a Regional Price Parity of 97.03 (100 is the national average). That's below average, your money stretches further here than the raw salary number suggests. After cost-of-living adjustment, the median personal financial advisors salary is worth about $104,246 in national-average purchasing power.
Where do personal financial advisors get paid the most?
The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.