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Personal Financial Advisor

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AVG. SALARY

$111,210

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Money & Outlook

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West Virginia Earnings

Average Annual Wage

$111,210

Entry Annual Wage

$35,900

Experienced Annual Wage

$239,200

Average Hourly Wage

$53.47

Entry Hourly Wage

$17.26

Experienced Hourly Wage

$115.00

Median Hourly Wage

$27.59

West Virginia Regional Earnings

West Virginia Metropolitan Areas Wages

Region Average Entry Level Experienced
Charleston MSA $117,220 or $56.36/hr $34,410 or $16.54/hr $239,200 or $115.00/hr
Cumberland MD-WV MSA $101,530 or $48.81/hr $28,860 or $13.88/hr $214,900 or $103.32/hr
Hagerstown-Martinsburg MD-WV MSA $104,010 or $50.01/hr $38,080 or $18.31/hr $239,200 or $115.00/hr
Huntington-Ashland WV-KY-OH MSA $100,490 or $48.31/hr $34,540 or $16.61/hr $239,200 or $115.00/hr
Morgantown MSA $87,650 or $42.14/hr $33,500 or $16.11/hr $156,010 or $75.00/hr
Parkersburg-Vienna MSA $106,360 or $51.14/hr $32,460 or $15.61/hr $239,200 or $115.00/hr
Washington-Arlington-Alexandria DC-VA-MD-WV $144,780 or $69.61/hr $55,960 or $26.91/hr $239,200 or $115.00/hr
Wheeling WV-OH MSA $128,220 or $61.65/hr $36,640 or $17.62/hr $239,200 or $115.00/hr
Winchester VA-WV MSA $97,020 or $46.64/hr $45,200 or $21.73/hr $184,120 or $88.52/hr
Beckley MSA $135,130 or $64.97/hr $37,200 or $17.89/hr $239,200 or $115.00/hr

West Virginia Geographical Areas Wages

Region Average Entry Level Experienced
Northern West Virginia nonmetropolitan area $82,680 or $39.75/hr $32,200 or $15.48/hr $162,610 or $78.18/hr

West Virginia's Employment and Outlook (State-wide)

Outlook Stable
Growth rate is estimated to be 5%
Job Openings 67 estimated annual job openings
Employment 837 were employed in this occupation

West Virginia's Regional Employment and Outlook

Regions with stable outlook (0 to 20% growth rate expected)

Region Employment Projected Growth Rate Annual Openings (growth) Annual Openings (replacement) Annual Openings
Workforce Investment Area 1 26 0% 3 3
Workforce Investment Area 2 62 19% 1 6 7
Workforce Investment Area 3 116 5% 1 7 8
Workforce Investment Area 4 42 12% 3 3
Workforce Investment Area 5 40 8% 3 3
Workforce Investment Area 6 94 10% 1 6 7
Workforce Investment Area 7 34 6% 3 3

National Earnings

Average Annual Wage

$137,740

Average Hourly Wage

$66.22

Average Annual Range

$46,700 to $239,200

Note: variations in salaries reflect differences in size of firm, location, level of education and professional credentials.

Where do these numbers come from?


National Employment and Outlook

Outlook stable
  The employment change from 2021 to 2031 is estimated to be +15%.
(The National average for all occupations is +5%)
Job Openings very small number
  A total of 3050 average annual openings are expected for this occupation between 2021 and 2031.
(The National Average for all occupations is 1,757 openings)
Employment medium occupation
  This was a medium sized occupation in the United States, employing 330,300 workers in 2021.
(The National average for all occupations is 142,207 workers)
Growth Much faster than average growth
  The primary driver of employment growth will be the aging population. As large numbers of baby boomers continue to retire, they are likely to seek planning advice from personal financial advisors. Also, longer lifespans will lead to longer retirement periods, further increasing demand for financial planning services. 
Industries Large concentrations of this occupation are found in these industries
  • Finance and insurance (NAICS520000) (76.8%)
  • Securities, commodity contracts, and other financial investments and related activities (NAICS523000) (58.6%)
  • Self-employed workers (18.9%)
  • Credit intermediation and related activities (NAICS522000) (14.7%)