Business & Finance Norfolk, VA Pop. 238,005

Financial Advisor Salary in Norfolk, Virginia

The median financial advisor salary in Norfolk, VA is $96,344 per year, which is 1.0% above the national median and 7.3% below the Virginia state average.

City Median
$96,344
vs State Avg
$-7,631
vs National
+$954
Cost of Living
96%

Financial Advisor Salary in Norfolk by Experience

In Norfolk, an entry-level financial advisor earns around $48,480, while experienced professionals earn up to $181,800 per year. The local cost of living index is 96% of the national average.

Entry Level (0-2 yrs)
$48,480
+$480 vs national
Mid Level (3-7 yrs)
$95,950
+$950 vs national
Senior Level (8+ yrs)
$181,800
+$1,800 vs national

Salary Percentiles in Norfolk, VA

Percentile Norfolk
10th Percentile $44,844
25th Percentile $63,024
Median (50th) $96,344
75th Percentile $150,490
90th Percentile $241,390

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
Chesapeake, VA
$98,252
Pop. 249,422

How to Become a Financial Advisor in Norfolk

Education

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

Find Financial Advisor Jobs in Norfolk

Browse open financial advisor positions in Norfolk, VA:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Norfolk

How much does a Financial Advisor make in Norfolk, VA? ▼
The median financial advisor salary in Norfolk, Virginia is $96,344 per year, which is 1.0% above the national median of $95,390. Salaries range from $44,844 (10th percentile) to $241,390 (90th percentile).
How much does a Financial Advisor make per hour in Norfolk? ▼
Based on the median annual salary of $96,344, a financial advisor in Norfolk earns approximately $46 per hour assuming a standard 2,080-hour work year.
How does Norfolk compare to the Virginia state average for financial advisor pay? ▼
Norfolk's median financial advisor salary of $96,344 is 7.3% below the Virginia state average of $103,975. The local cost of living index is 96% of the national average.
What is the cost of living in Norfolk, VA? ▼
Norfolk has a cost of living index of 96% compared to the national average. This means a financial advisor salary of $96,344 in Norfolk has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Norfolk? ▼
Most financial advisor positions in Norfolk 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.