Business & Finance Chesapeake, VA Pop. 249,422

Financial Advisor Salary in Chesapeake, Virginia

The median financial advisor salary in Chesapeake, VA is $98,252 per year, which is 3.0% above the national median and 5.5% below the Virginia state average.

City Median
$98,252
vs State Avg
$-5,723
vs National
+$2,862
Cost of Living
98%

Financial Advisor Salary in Chesapeake by Experience

In Chesapeake, an entry-level financial advisor earns around $49,440, while experienced professionals earn up to $185,400 per year. The local cost of living index is 98% of the national average.

Entry Level (0-2 yrs)
$49,440
+$1,440 vs national
Mid Level (3-7 yrs)
$97,850
+$2,850 vs national
Senior Level (8+ yrs)
$185,400
+$5,400 vs national

Salary Percentiles in Chesapeake, VA

Percentile Chesapeake
10th Percentile $45,732
25th Percentile $64,272
Median (50th) $98,252
75th Percentile $153,470
90th Percentile $246,170

Financial Advisor Salary in Other Virginia Cities

Arlington, VA
$130,684
Pop. 238,643
Virginia Beach, VA
$102,067
Pop. 449,974
Richmond, VA
$100,160
Pop. 226,610
Norfolk, VA
$96,344
Pop. 238,005

How to Become a Financial Advisor in Chesapeake

Education

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

Find Financial Advisor Jobs in Chesapeake

Browse open financial advisor positions in Chesapeake, VA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Chesapeake

How much does a Financial Advisor make in Chesapeake, VA? ▼
The median financial advisor salary in Chesapeake, Virginia is $98,252 per year, which is 3.0% above the national median of $95,390. Salaries range from $45,732 (10th percentile) to $246,170 (90th percentile).
How much does a Financial Advisor make per hour in Chesapeake? ▼
Based on the median annual salary of $98,252, a financial advisor in Chesapeake earns approximately $47 per hour assuming a standard 2,080-hour work year.
How does Chesapeake compare to the Virginia state average for financial advisor pay? ▼
Chesapeake's median financial advisor salary of $98,252 is 5.5% below the Virginia state average of $103,975. The local cost of living index is 98% of the national average.
What is the cost of living in Chesapeake, VA? ▼
Chesapeake has a cost of living index of 98% compared to the national average. This means a financial advisor salary of $98,252 in Chesapeake has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Chesapeake? ▼
Most financial advisor positions in Chesapeake 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.