Financial Advisor Salary in Massachusetts (2026)
Median Financial Advisor salary in Massachusetts is approximately $105,300/year — about 12.0% above the national average.
Annual salary breakdown
After-tax estimate
| State | Estimated annual | vs Massachusetts |
|---|---|---|
| Alaska | $106,200 | +$900 |
| New Jersey | $106,200 | +$900 |
| Connecticut | $103,400 | -$1,900 |
| Washington | $103,400 | -$1,900 |
Financial Advisor salaries in Massachusetts, explained
The estimated median Financial Advisor salary in Massachusetts is $105,300/year, which is about 12.0% above the US national median of $94,000. That works out to roughly $51/hour at a standard 40-hour week, $2,025/week, $4,050/biweekly, or $8,775/month before taxes.
Massachusetts ranks 7 of 51 US states (including DC) on a cost-of-living-adjusted compensation basis. The state multiplier of 1.12× reflects how typical wages adjust to local prices — higher in places like California, New York, and Massachusetts; lower in Mississippi, West Virginia, and Arkansas.
What affects your actual salary
- Experience level: entry-level often 25–35% below median, senior roles 40–60%+ above.
- Metro area within Massachusetts: major metros pay more than rural areas. Bay Area vs Central Valley California is a 30%+ swing.
- Employer size: large companies typically pay 10–20% more than small businesses for the same role.
- Industry: a Software Engineer at a tech company makes more than at a non-tech employer; a Marketing Manager at a top brand earns more than at a startup.
- Education and credentials: degrees and certifications can shift compensation by 15–30%.
- Negotiation: simply asking for more and negotiating can move offers 5–15%.
Take-home pay in Massachusetts
Of the gross $105,300, you take home roughly $77,238 after federal income tax (~14% effective at this income level), FICA (7.65%), and Massachusetts's state income tax (roughly 5% effective). That's about $6,436/month after-tax.
For a precise after-tax calculation including 401(k) contributions, HSA, filing status, and state-specific brackets, use our Massachusetts Paycheck Calculator. For comparisons across cities, see the Paycheck Calculator with city-specific tax data.
Where this number comes from
Our estimate combines: (1) US national median for Financial Advisor based on Bureau of Labor Statistics Occupational Employment Statistics, and (2) Massachusetts's cost-of-living multiplier derived from BEA Regional Price Parities. The multiplier captures average wage adjustment to local prices — useful for budgeting and offer comparisons.
For more precise numbers specific to your role and metro: BLS OES (bls.gov/oes), Glassdoor, Levels.fyi (tech roles), salary.com, or LinkedIn Salary Insights. Cross-reference 2-3 sources before negotiation.
Related tools
Salary Calculator — convert hourly to annual. Massachusetts Paycheck Calculator — exact take-home. Income Tax Calculator — federal tax with brackets. Massachusetts Mortgage Calculator — what you can afford. Investment Calculator — long-term growth from this income.