Business & Finance Morgantown, WV Pop. 30,955

Financial Advisor Salary in Morgantown, West Virginia

The median financial advisor salary in Morgantown, WV is $85,851 per year, which is 10% below the national median and 7.1% above the West Virginia state average.

City Median
$85,851
vs State Avg
+$5,723
vs National
$-9,539
Cost of Living
90%

Financial Advisor Salary in Morgantown by Experience

In Morgantown, an entry-level financial advisor earns around $43,200, while experienced professionals earn up to $162,000 per year. The local cost of living index is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$85,500
$-9,500 vs national
Senior Level (8+ yrs)
$162,000
$-18,000 vs national

Salary Percentiles in Morgantown, WV

Percentile Morgantown
10th Percentile $39,960
25th Percentile $56,160
Median (50th) $85,851
75th Percentile $134,100
90th Percentile $215,100

Financial Advisor Salary in Other West Virginia Cities

How to Become a Financial Advisor in Morgantown

Education

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

Find Financial Advisor Jobs in Morgantown

Browse open financial advisor positions in Morgantown, WV:

Frequently Asked Questions: Financial Advisor Salary in Morgantown

How much does a Financial Advisor make in Morgantown, WV?
The median financial advisor salary in Morgantown, West Virginia is $85,851 per year, which is 10% below the national median of $95,390. Salaries range from $39,960 (10th percentile) to $215,100 (90th percentile).
How much does a Financial Advisor make per hour in Morgantown?
Based on the median annual salary of $85,851, a financial advisor in Morgantown earns approximately $41 per hour assuming a standard 2,080-hour work year.
How does Morgantown compare to the West Virginia state average for financial advisor pay?
Morgantown's median financial advisor salary of $85,851 is 7.1% above the West Virginia state average of $80,128. The local cost of living index is 90% of the national average.
What is the cost of living in Morgantown, WV?
Morgantown has a cost of living index of 90% compared to the national average. This means a financial advisor salary of $85,851 in Morgantown has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Morgantown?
Most financial advisor positions in Morgantown 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.