How much does a Financial Analyst make in New York City, NY?

The average salary for a Financial Analyst is $86,451 per year in New York City, NY. Salaries estimates are based on 59154 salaries submitted anonymously to Glassdoor by a Financial Analyst employees in New York City, NY.

The highest salary for a Financial Analyst in New York City, NY is $103,476 per year.

The lowest salary for a Financial Analyst in New York City, NY is $72,616 per year.

If you are thinking of becoming a Financial Analyst or planning the next step in your career, find details about the role, the career path and salary trajectory of a Financial Analyst.

Financial analysts are paid similarly to compliance analysts, insurance underwriters, and budget analysts. Their specific salaries and pay structure vary by role. Financial analysts who manage investment funds may be compensated through a combination of fees and a percentage of the fund’s annual return. Financial analysts working in-house for corporations may be compensated through salary and bonus.

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The Glassdoor ratings for financial analysts found that about 73% are satisfied with their pay. However, those with additional financial certifications and larger professional networks find the most lucrative positions and can potentially make another $6,662.00 per year, making this role much more appealing.

Financial analyst salaries can range from $62,126.11 to $121,435.24, with an average around $79,779.56. The amount of money you can make in this position largely depends on what specific certifications you've obtained, how up-to-date they are, and your ability to properly network throughout your career. Taking time to build that network ensures opportunities are present for advancement.

To make more money throughout your financial analyst career, start by pursuing noteworthy certifications, such as the Certified Investment Analyst, Certified Private Wealth Advisor, or Financial Risk Manager certifications. These will help you stand out when employers consider candidates for higher-paying positions.

Always focus on building an extensive professional network, as it's a valuable way to further your career. Get connected with industry leaders and decision-makers, and make sure your online presence is solid and up-to-date. Keep your social media profiles clean and professional, as employers will likely look you up online. This is the best way to advance in your career and make more money in senior roles.

As a financial analyst, you play a vital role in ensuring your company's and its clients' financial health. When you receive a job offer, compare it to salaries for similar positions. Start by asking for 10%–15% more than the initial offer. If rejected, ask for a signing bonus or extra paid vacation days.

If you're already employed, look at financial analyst salaries in your geographic location. Determine the amount needed to bring your salary in line with the market rate. Always back up your request with data from your performance record, and include any awards, positive feedback, or increased responsibilities. Be confident and assertive when asking for a raise.

About 72.74% of Financial Analyst professionals feel satisfied with their salary, according to anonymous Glassdoor ratings. An additional $6,662 in potential pay per year, among other factors, can qualify the annual pay of a Financial Analyst in New York City, NY as a good salary.

Financial Analyst professionals in New York City, NY have a wide total pay range, between $62,126 and $121,435 depending on experience, with an estimated total pay of $86,442 following the average career path of a Financial Analyst.