Financial Advisor Salary 2026 in Massachusetts
BLS estimates the median financial advisor wage in Massachusetts at $125,670 a year, about $60.42 an hour over a full-time year. The state median estimate is 19.6% above the national median of $105,070.
Estimated take home in Massachusetts, a year
$90,522
On the state median of $125,670, after federal tax, Social Security, Medicare and Massachusetts income tax and Massachusetts payroll contributions. A single filer with a blank Form W-4: $3,481.62 a fortnight, an effective rate of 28.0%.
The spread in Massachusetts
BLS publishes selected percentile estimates for the state, not only the median. The take home column applies the current Massachusetts model to published numeric estimates; lower-bound rows stay uncalculated.
| Percentile | A year | An hour | Estimated take home |
|---|---|---|---|
| Lowest tenth | $58,510 | $28.13 | $46,218 |
| Lower quarter | $83,810 | $40.29 | $63,430 |
| Median | $125,670 | $60.42 | $90,522 |
| Upper quarter | $174,720 | $84.00 | $121,367 |
| Highest tenth | $478,850 | $230.22 | $302,659 |
Massachusetts against the states next door
The wage estimates are BLS’s. Take home is modeled only where BLS publishes a numeric median estimate; # lower bounds remain labelled and uncalculated.
| State | Median | Estimated take home |
|---|---|---|
| Massachusetts | $125,670 | $90,522 |
| Connecticut | $129,720 | $92,379 |
| New Hampshire | $96,780 | $76,916 |
| New York | $166,400 | $114,829 |
| Rhode Island | $80,200 | $61,402 |
| Vermont | $110,020 | $81,227 |
Relative to the state’s all-occupations estimate
BLS estimates the all-occupations median in Massachusetts at $63,590. The published financial advisor median estimate is 1.98times that benchmark; nationally the corresponding ratio is 2.06. This ratio is a wage comparison only and does not adjust for cost of living or individual experience.
Modeled gross pay for selected take home targets in Massachusetts
These are illustrative reverse calculations for a single filer using the deductions currently represented for Massachusetts. An actual payroll result may differ.
| Target take home | Estimated gross needed | An hour |
|---|---|---|
| $50,000 | $63,550 | $30.55 |
| $60,000 | $78,510 | $37.75 |
| $75,000 | $101,640 | $48.87 |
| $100,000 | $140,740 | $67.66 |
The same rate at different hours
BLS converts the annual estimate using a 2,080-hour year. This table shows illustrative weekly-hour scenarios using the same hourly estimate and theMassachusetts deductions currently represented by the model.
| Hours a week | Gross a year | Estimated take home | A fortnight |
|---|---|---|---|
| 20 | $62,837 | $49,458 | $1,902.25 |
| 24 | $75,404 | $57,980 | $2,229.99 |
| 30 | $94,255 | $70,212 | $2,700.46 |
| 36 | $113,106 | $82,445 | $3,170.95 |
| 40 | $125,674 | $90,522 | $3,481.62 |
| 48 | $150,808 | $106,329 | $4,089.60 |
Put in your own hours
Seeded with the Massachusetts median. Change the hours, your Form W-4 answers or the state.
Estimated average take home pay, biweekly
$3,481.62
$125,673.60 a year gross; the model estimates $90,522.13 after the deductions shown. That is 72.0% of gross under these assumptions.
Worked out from: single filer · a blank Form W-4 · 40 hours a week · 1 MA allowance.
- Massachusetts uses Circular M: $3,400 plus $1,000 for each M-4 exemption, then 5%, with the 4% surtax included above its 2026 threshold. Head of household reduces withholding by $120 a year.
About this calculator. It is general guidance, not a payslip. The figures are estimates based on selected 2026 federal and state publications and modeled assumptions. Sources, interpretations and code may be incomplete or wrong, and the result should not be relied on as an exact calculation of tax, payroll or anything else. Your employer knows things this page cannot: a mid-year rate change, a benefit deduction, a garnishment, a local tax, or what it has already withheld this year. Nothing here is tax, legal or financial advice, and using it creates no professional relationship. For anything that turns on the exact number, ask an accountant or a qualified adviser. Methodology and sources.
Pay history and 2026 trend estimate
Each numeric bar is the published Massachusetts median estimate for financial advisor in that year’s release. A BLS # lower bound or a year without an exact result is labelled instead of silently dropped. Bars run from zero. The 2021 method break is marked, and the earlier published bars remain visible as historical context without being joined to the post-change calculations. The separate 2026 figure is an HourlyPaycheck arithmetic extrapolation, not BLS data or a BLS forecast.
- 2012$83,270
- 2013$93,780
- 2014$95,760
- 2015$94,090
- 2016$69,490
- 2017$66,720
- 2018$82,060
- 2019$110,410
- 2020$130,900
- 2021BLS changed its estimation method in May 2021; site calculations start here.
- 2021$121,960
- 2022$110,800
- 2023$99,930
- 2024$101,320
- 2025$125,670
BLS changed the OEWS estimation method beginning with the May 2021 estimates. Pre-2021 bars remain as raw published reference points; the wage, inflation, and employment calculations use post-change endpoints only. BLS also explains that the survey’s pooled design and changes in methods or classifications limit comparisons over time. The chart itself contains no future data point. The separate 2026 card is a rounded trend scenario calculated by this site and is not part of the measured series.
BLS estimated employment at 263,030 in 2021 and 266,800 in 2025, a modeled change of 1.4% between the two published estimates.
Questions people ask
What is the median financial advisor salary in Massachusetts?+
BLS estimates the median at $125,670 a year, about $60.42 an hour over a full-time year. The published mean estimate is $172,430. In the cited data, that median estimate is 19.6% above the national estimate of $105,070.
What is a financial advisor salary in Massachusetts after taxes?+
Using the state median estimate and the page's default filing assumptions, the model estimates $90,522 a year after federal income tax, Social Security, Medicare and Massachusetts income tax and the state payroll contributions represented here. The corresponding modeled biweekly amount is $3,481.62.
What is the salary range for a financial advisor in Massachusetts?+
The BLS lowest-tenth estimate is $58,510, and the highest-tenth estimate is $478,850. “At least” preserves the Bureau's # lower-bound marker; the figures are wage estimates rather than career stages.
Does a financial advisor earn more in Massachusetts or nearby?+
Against the states it borders, Massachusetts's median of $125,670 is below the highest neighboring median, New York at $166,400. The table also shows modeled take home estimates under the same assumptions; it is not a comparison of actual payslips.
Financial Advisor pay in other states
Or see financial advisor pay nationally and how Massachusetts taxes any wage.
Wages: BLS Occupational Employment and Wage Statistics, May 2025, SOC 13-2052. OEWS surveys wages in May and publishes about a year later, so this release appeared in May 2026 and is the most recent. Annual figures convert at 2,080 hours a year, as BLS states them. Tax is worked out here from the 2026 federal and Massachusetts tables.