Business & Finance Dover, DE Pop. 39,403

Financial Advisor Salary in Dover, Delaware

The median financial advisor salary in Dover, DE is $96,344 per year, which is 1.0% above the national median and 4.7% below the Delaware state average.

City Median
$96,344
vs State Avg
$-4,769
vs National
+$954
Cost of Living
96%

Financial Advisor Salary in Dover by Experience

In Dover, an entry-level financial advisor earns around $48,480, while experienced professionals earn up to $181,800 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$48,480
+$480 vs national
Mid Level (3-7 yrs)
$95,950
+$950 vs national
Senior Level (8+ yrs)
$181,800
+$1,800 vs national

Salary Percentiles in Dover, DE

Percentile Dover
10th Percentile $44,844
25th Percentile $63,024
Median (50th) $96,344
75th Percentile $150,490
90th Percentile $241,390

Financial Advisor Salary in Other Delaware Cities

Wilmington, DE
$104,929
Pop. 70,898
Newark, DE
$102,067
Pop. 33,398
Bear, DE
$99,206
Pop. 21,000
Middletown, DE
$98,252
Pop. 22,350

How to Become a Financial Advisor in Dover

Education

Most financial advisor positions require a bachelor's degree. Dover and the surrounding Delaware area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Dover may vary based on local industry and population growth.