Business & Finance Virginia (VA) Rank #11 of 50

Financial Advisor Salary in Virginia

The median financial advisor salary in Virginia is $103,975 per year, which is 9.0% above the national median of $95,390.

Median Salary
$103,975
vs National
+$8,585
State Rank
#11 of 50
Cost of Living
104%

Financial Advisor Salary in Virginia by Experience

In Virginia, an entry-level financial advisor earns around $52,320, while experienced professionals earn up to $196,200 per year. The cost of living index in Virginia is 104% of the national average.

Entry Level (0-2 yrs)
$52,320
+$4,320 vs national
Mid Level (3-7 yrs)
$103,550
+$8,550 vs national
Senior Level (8+ yrs)
$196,200
+$16,200 vs national

Salary Percentiles in Virginia

Percentile VA Salary
10th Percentile $48,396
25th Percentile $68,016
Median (50th) $103,975
75th Percentile $162,410
90th Percentile $260,510

Major Cities for Financial Advisors in Virginia

The largest employment areas for financial advisors in Virginia include Virginia Beach, Norfolk, Richmond, and Arlington. Salaries in major metro areas may be higher due to increased demand and cost of living.

Virginia Beach, VA
Metro area for financial advisor employment
Norfolk, VA
Metro area for financial advisor employment
Richmond, VA
Metro area for financial advisor employment
Arlington, VA
Metro area for financial advisor employment
Chesapeake, VA
Metro area for financial advisor employment

How to Become a Financial Advisor in Virginia

Education

Most financial advisor positions require a bachelor's degree. Virginia has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Virginia

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Virginia's demand may vary based on local industry trends.