ZipRecruiter

Log In

1

Fee Only Financial Advisor Jobs in Rochester, NY

Empower

Retirement Plan Advisor

Rochester, NY · On-site +1

$79K - $112K/yr

Our vision for the future is based on the idea that transforming financial lives starts by giving ... We not only encourage but celebrate internal mobility. We also recognize the importance of purpose ...

Morgan Stanley

Associate Market Manager

Rochester, NY · On-site

$150K - $160K/yr

At least 4 or more years of experience as a Financial Advisor (with satisfactory production and ... However, base pay if hired will be determined on an individualized basis and is only part of the ...

Morgan Stanley

Associate Market Manager

Rochester, NY

$150K - $160K/yr

At least 4 or more years of experience as a Financial Advisor (with satisfactory production and ... However, base pay if hired will be determined on an individualized basis and is only part of the ...

Morgan Stanley

Market Executive

Rochester, NY · On-site

In addition, a large emphasis will be placed on the recruitment and retention of Financial Advisors ... However, base pay if hired will be determined on an individualized basis and is only part of the ...

Deloitte

Tax Manager - Private Wealth

Rochester, NY · On-site

$109K - $143K/yr

Chartered Financial Advisor (CFA) * Certified Financial Planner (CFP) Preferred * Advanced degree ... Do you not only know what AGI & DNI are but actually get excited about them? If you answered "Yes ...

Deloitte

Tax Senior - Private Wealth

Rochester, NY · On-site

$80K - $99K/yr

Chartered Financial Advisor (CFA) * Certified Financial Planner (CFP) Preferred * Advanced degree ... Do you not only know what AGI & DNI are but actually get excited about them? If you answered "Yes ...

Asure Software, Inc.

HR Sales Executive

Rochester, NY · On-site

$135K - $145K/yr

Develop and maintain relationships with referral sources, such as CPAs, Banks, Financial Advisors ... Asure will not pay a fee for any placement resulting from thereceipt of an unsolicited resume.

next page

Showing results 1-20

All JobsFee Only Financial Advisor JobsFee Only Financial Advisor Jobs in Rochester, NY

Fee Only Financial Advisor information

See Rochester, NY salary details

$35.6K

$100.9K

$142.3K

How much do fee only financial advisor jobs pay per year?

As of Jul 26, 2026, the average yearly pay for fee only financial advisor in Rochester, NY is $100,928.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,100.00 and $129,500.00 per year, depending on experience, location, and employer.

What is the average fee for a fee-only financial advisor?

Fee-only financial advisors typically charge between 0.5% and 1% of assets under management annually. Some may offer flat fees or hourly rates, especially for financial planning services. The fee structure often depends on the advisor's experience, client assets, and the scope of services provided.

What is the difference between Fee Only Financial Advisor vs Fee-Based Financial Advisor?

AspectFee Only Financial AdvisorFee-Based Financial Advisor
CompensationCharges only fees directly from clients, no commissionsCharges fees and may earn commissions from product sales
Conflicts of InterestLower potential for conflicts due to fee-only structurePotential conflicts due to commission-based earnings
Regulation & CertificationOften holds CFP, CFA, or similar credentialsMay hold similar credentials but with additional licensing for commissions
Work EnvironmentIndependent or affiliated with fee-only firmsOften affiliated with firms selling financial products

Fee Only Financial Advisors charge clients directly for their advice without earning commissions, promoting transparency and reducing conflicts of interest. Fee-Based Financial Advisors, on the other hand, earn both fees and commissions, which can create potential conflicts. Understanding these differences helps clients choose advisors aligned with their interests and needs.

What are the key skills and qualifications needed to thrive as a Fee Only Financial Advisor, and why are they important?

To thrive as a Fee Only Financial Advisor, you need a solid background in financial planning, investment analysis, and regulatory compliance, often supported by a CFP or similar credential. Familiarity with financial planning software (such as eMoney or MoneyGuidePro), portfolio management tools, and CRM systems is essential. Exceptional interpersonal skills, ethical judgment, and the ability to build trust are crucial soft skills in this role. These skills ensure that advisors provide unbiased, client-focused advice and build long-term relationships based on integrity and transparency.

Are fee-only financial advisors worth it?

Fee-only financial advisors are compensated solely by client fees, which can reduce conflicts of interest and promote transparency. They often charge a flat fee or a percentage of assets under management, making their advice potentially more objective compared to commission-based advisors. Their value depends on the advisor's expertise, fee structure, and the client's financial needs.

What is a fee-only financial advisor?

A fee-only financial advisor is a financial professional who is compensated solely by the fees paid directly by their clients, rather than earning commissions or incentives for selling specific products. This compensation structure is designed to reduce potential conflicts of interest, as the advisor’s only financial motivation is to provide advice that is in the best interest of the client. Fee-only advisors typically charge hourly, flat, or percentage-based fees for their services. Many people choose fee-only advisors for greater transparency and objective financial guidance.

How many financial advisors make $500,000 a year?

Fee-only financial advisors typically earn between $60,000 and $200,000 annually, with top earners in the industry making over $500,000. Achieving this level often requires extensive experience, a large client base, and specialized skills or certifications such as the CFP or CFA. Very few financial advisors reach the $500,000 annual income mark.

Is $200,000 enough to work with a financial advisor?

A fee-only financial advisor typically requires a minimum investment or fee, which can range from $1,000 to $10,000 or more, depending on the advisor and services provided. With $200,000, you generally have sufficient assets to work with a financial advisor, especially if they charge a percentage of assets under management or flat fees, making personalized financial planning accessible at this level.

How does a fee-only financial advisor typically collaborate with other professionals to serve clients?

As a fee-only financial advisor, you will often work closely with professionals such as accountants, estate attorneys, and tax specialists to provide holistic financial planning for clients. This collaborative approach ensures that clients receive well-rounded advice tailored to their unique financial situations. Regular communication and coordination with these professionals is common, especially when developing tax strategies, estate plans, or handling complex investment portfolios. Being proactive in building and maintaining these relationships is crucial for delivering comprehensive and seamless client service.
What are popular job titles related to Fee Only Financial Advisor jobs in Rochester, NY? For Fee Only Financial Advisor jobs in Rochester, NY, the most frequently searched job titles are:
What job categories do people searching Fee Only Financial Advisor jobs in Rochester, NY look for? The top searched job categories for Fee Only Financial Advisor jobs in Rochester, NY are:
What cities near Rochester, NY are hiring for Fee Only Financial Advisor jobs? Cities near Rochester, NY with the most Fee Only Financial Advisor job openings:
Fee Only Financial Advisor jobs near you
Infographic showing various Fee Only Financial Advisor job openings in Rochester, NY as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $100,928 per year, or $48.5 per hour.
Financial Advisor - Penfield, NY - Market 25, Region 242

Financial Advisor - Penfield, NY - Market 25, Region 242

Edward Jones Careers

Penfield, NY

Other

Posted 29 days ago

Edward Jones rating

8.2

Company rating: 8.2 out of 10

Based on 254 frontline employees who took The Breakroom Quiz

45th of 150 rated financial services

Job description

If you find yourself at a professional crossroads, a career as a financial advisor may be the right change for you. Financial advisors partner with clients to help them achieve their long-term financial goals: retirement, building wealth, estate strategies, funding education and more. As a financial advisor with Edward Jones, you'll develop and grow your own practice, supported by your branch team, a home-office team and other regional financial advisors. You'll benefit from the experience that comes from 100 years of history. We're proud to have more offices in the U.S. and Canada than any other investment firm, serving over eight million clients.
Our financial advisors are valued partners, and we credit much of our success to their unique experiences and professional backgrounds. We value an inclusive environment where everyone's different viewpoints help to achieve results. Financial advisors lead the branch team to serve clients and contribute to the firm's purpose. They deeply understand the client's goals and why they are important to accelerate trust and help them stay on track. Edward Jones helps you positively impact clients' lives and work together to achieve their long-term financial goals, enabling you to make a difference in your community.
We'll give you the support you need. Our team will be there every step of the way, providing:

  • Paid training - Get registered and licensed and learn how to be a financial advisor with the industry's top training program.

  • Salary for the first five years as you begin to build your practice

  • A firm-provided branch office in the community 

  • Branch office support to help lighten the load so you can focus on your clients

  • A support network that extends from your branch office to your region to the home office - You'll work independently, but will have a team of thousands backing you every step of the way.

You can also expect...

  • No ceiling to your earning potential and growth, and your compensation is tied to the effort you put in

  • A compensation package that includes opportunities for commissions, profit sharing and incentive travel

  • The flexibility that you need to balance your personal and professional lives - the best of both worlds

  • A culture of continuous improvement and professional development

Key Responsibilities 

  • Build relationships to create new clients via face-to-face and virtual sourcing strategies (residential, business, networking, introductions and referrals, social media, and speaking engagements).

  • Deeply understand clients' and prospective clients' needs, priorities, and concerns to accelerate trust and create personalized, comprehensive strategies to help them achieve their goals.

  • Oversee branch processes, roles, and responsibilities to ensure a high-quality, streamlined client experience consistent with firm policies and procedures, regulatory requirements, and ethical guidelines.

  • Engage the branch team to create, monitor, and adjust the branch business plan to increase branch effectiveness and achieve desired business results. 

  • Create a highly engaging environment in the branch of mutual trust, respect, feedback and accountability.


 For the 25th consecutive year, Edward Jones was named a top company for training. The firm ranked No. 17 on Training magazine's prestigious 2025 Training APEX awards listed by Training magazine. 2025 Training Magazine Training Apex Award, published February 2025, date as of September 2024, an application fee was required for consideration
As your new asset compensation and commissions increase over the first five years, salary will decrease

What Edward Jones employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply