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

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.