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

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.

Find Financial Advisor Jobs in Dover

Browse open financial advisor positions in Dover, DE:

Frequently Asked Questions: Financial Advisor Salary in Dover

How much does a Financial Advisor make in Dover, DE?
The median financial advisor salary in Dover, Delaware is $96,344 per year, which is 1.0% above the national median of $95,390. Salaries range from $44,844 (10th percentile) to $241,390 (90th percentile).
How much does a Financial Advisor make per hour in Dover?
Based on the median annual salary of $96,344, a financial advisor in Dover earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Dover compare to the Delaware state average for financial advisor pay?
Dover's median financial advisor salary of $96,344 is 4.7% below the Delaware state average of $101,113. The local cost of living index is 96% of the national average.
What is the cost of living in Dover, DE?
Dover has a cost of living index of 96% compared to the national average. This means a financial advisor salary of $96,344 in Dover has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Dover?
Most financial advisor positions in Dover require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.