Business & Finance Durham, NC Pop. 283,506

Financial Advisor Salary in Durham, North Carolina

The median financial advisor salary in Durham, NC is $93,482 per year, which is 2% below the national median and 3.2% above the North Carolina state average.

City Median
$93,482
vs State Avg
+$2,861
vs National
$-1,908
Cost of Living
95%

Financial Advisor Salary in Durham by Experience

In Durham, an entry-level financial advisor earns around $47,040, while experienced professionals earn up to $176,400 per year. The local cost of living index is 95% of the national average.

Entry Level (0-2 yrs)
$47,040
$-960 vs national
Mid Level (3-7 yrs)
$93,100
$-1,900 vs national
Senior Level (8+ yrs)
$176,400
$-3,600 vs national

Salary Percentiles in Durham, NC

Percentile Durham
10th Percentile $43,512
25th Percentile $61,152
Median (50th) $93,482
75th Percentile $146,020
90th Percentile $234,220

Financial Advisor Salary in Other North Carolina Cities

Charlotte, NC
$96,344
Pop. 874,579
Raleigh, NC
$96,344
Pop. 467,665
Greensboro, NC
$86,805
Pop. 299,035
Winston-Salem, NC
$84,897
Pop. 249,545

How to Become a Financial Advisor in Durham

Education

Most financial advisor positions require a bachelor's degree. Durham and the surrounding North Carolina 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 Durham may vary based on local industry and population growth.

Find Financial Advisor Jobs in Durham

Browse open financial advisor positions in Durham, NC:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Durham

How much does a Financial Advisor make in Durham, NC? ▼
The median financial advisor salary in Durham, North Carolina is $93,482 per year, which is 2% below the national median of $95,390. Salaries range from $43,512 (10th percentile) to $234,220 (90th percentile).
How much does a Financial Advisor make per hour in Durham? ▼
Based on the median annual salary of $93,482, a financial advisor in Durham earns approximately $45 per hour assuming a standard 2,080-hour work year.
How does Durham compare to the North Carolina state average for financial advisor pay? ▼
Durham's median financial advisor salary of $93,482 is 3.2% above the North Carolina state average of $90,621. The local cost of living index is 95% of the national average.
What is the cost of living in Durham, NC? ▼
Durham has a cost of living index of 95% compared to the national average. This means a financial advisor salary of $93,482 in Durham has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Durham? ▼
Most financial advisor positions in Durham 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.