Average Personal Financial Advisors Salary in Charleston, WV
Yes, Charleston, WV is a highly lucrative market for Personal Financial Advisorss. With an average annual salary of $215,410, professionals here earn significantly more than the national norm.
Executive Summary
- Average Salary: $215,410 per year.
- Growth Trend: Salaries have shifted 127.2% ↗ over the last 5 years.
- Top Earners: Senior professionals (90th percentile) earn up to $323,115.
- Outlook: The current demand for Personal Financial Advisorss is stable, with a local workforce of approximately 140 professionals. This role remains a specialized component of the broader Charleston, WV economy.
Salary Overview
The average Personal Financial Advisors in Charleston, WV earns+34.3%above the national average.
$103.6
$4,143
$17,951
Personal Financial Advisors Salary Trends (2020-2024)
Over the past 4 years, Personal Financial Advisors salaries in Charleston, WV have experienced a rapid surge, growing by 127.2%. This positive trajectory often correlates with increased demand and a favorable future outlook for the profession.
Personal Financial Advisors Salary Distribution in Charleston, WV
The earning potential for Personal Financial Advisorss in Charleston, WV varies significantly by experience level. There is a substantial income gap, with top earners (90th percentile) making over 7.9x the starting salary. This indicates strong career progression opportunities. Entry-level roles (10th percentile) typically start around $41,090, while highly experienced professionals can command wages upwards of $323,115.
| Experience Level | Market Percentile | Annual Wage | Hourly Rate |
|---|---|---|---|
| Associate / AnalystData entry, reporting, supporting senior staff. | 10% (Entry) | $41,090 | $19.8 |
| Senior AnalystIndependent analysis, forecasting, client interaction. | 25% (Junior) | $161,558 | $77.7 |
| ManagerOversees team, compliance, and project delivery. | 50% (Median) | $104,540 | $50.3 |
| Director / VPStrategic planning, budget ownership, risk management. | 75% (Senior) | $269,263 | $129.5 |
| Executive / PartnerC-level leadership. High-level strategy & relations. | 90% (Expert) | $323,115 | $155.3 |
Detailed Personal Financial Advisors Market Analysis
Relocation Context
Nominal Salary
$215,410
Gross Pay
Real Wage (Purchasing Power)
$215,410
Adjusted for COL (100)
In Charleston, WV, the Cost of Living Index is 100. This increases your effective purchasing power from $215,410 to $215,410.
Job Market Context
140
Total Jobs
1.301
Per 1K Jobs
0.74
Location Quotient
Charleston, WV has 0.74x the national average concentration of Personal Financial Advisors jobs. This means there are fewer opportunities per capita here compared to the U.S. average — competition for roles may be higher.
140 people work as Personal Financial Advisors in Charleston, WV.
1.301 out of every 1,000 local jobs are Personal Financial Advisors positions — a typical concentration.
Nearby Job Markets
Nearby Cities for Personal Financial Advisors
| City | Salary | Dist. |
|---|---|---|
| Huntington-Ashland, WV-KY-OH Personal Financial Advisors Salary | $110,100↓ 49% | 44 mi |
| Parkersburg-Vienna, WV Personal Financial Advisors Salary | $96,390↓ 55% | 63 mi |
Comparing salaries near Charleston, WV
Hiring Personal Financial Advisorss?
Frequently Asked Questions
How much does a Personal Financial Advisors make in Charleston, WV?
The median annual salary for a Personal Financial Advisors in Charleston, WV is $215,410. This typically ranges from $41,090 for entry-level positions to $323,115 for top-level roles.
How does the salary compare to the national average?
The average salary for this role in Charleston, WV is 34.3% higher than the national median of $160,360.
Is Charleston, WV a good place for Personal Financial Advisorss?
Yes, Charleston, WV is financially attractive for Personal Financial Advisorss. The average salary of $215,410 exceeds the national average. See distinct detailed breakdown below.
Is Charleston, WV a good place to live for Personal Financial Advisors?
The Cost of Living Index in Charleston, WV is 100. While higher than average, this often correlates with higher wages.
Where are the highest paying cities near Charleston, WV?
Some top paying nearby cities include Huntington-Ashland, WV-KY-OH ($110,100) and Parkersburg-Vienna, WV.
Methodology: Salary data is derived from the Bureau of Labor Statistics (BLS) OEWS 2024 release. Figures represent gross pay before taxes. Analysis includes 140 employees in the Charleston, WV area with a job density of 1.301 per 1,000 jobs. Cost of Living data is estimated based on state and metro averages.
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Semantic Salary Analysis for Personal Financial Advisors • Data source: BLS OEWS 2024 •Jobs in Charleston, WV