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

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.