Financial Advisor Salary in Monroe, NC: $100,356 (2026)
Quick Answer:A full-time financial advisor in Monroe, NC earns a median $100,356/year (≈ $48.25/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Monroe's price level (6% below national, BEA RPP 93.6), that paycheck buys what $107,218 would nationally. Nominal pay sits 3.8% below the North Carolina state average.
Based on BLS state-level estimates · View source
Financial advisors in Monroe, North Carolina, command a median annual salary of $100,356 as projected for 2026, which is slightly below the national median of $108,537. This salary ranges from a low of $58,206 to a high of $155,552, illustrating a significant potential for earnings growth in this profession. These figures are informed by local estimates derived from 2025 BLS data and adjusted for regional cost considerations. Monroe's financial landscape is also shaped by the increasing demand for fee-only fiduciary services, driven by the public's growing preference for advisors who uphold a fiduciary standard, as well as the benefits associated with holding a CFP credential. This evolving trend reflects a generally strong job market for advisors in Monroe, suggesting opportunities for career development in an industry shifting towards more transparent compensation models.
About the Monroe Market
Salary estimated from North Carolina average ($105,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $58,206 | $27.98 |
| Lower Range (P25) | $72,256 | $34.74 |
| Median (P50)(typical) | $100,356 | $48.25 |
| Upper Range (P75) | $128,456 | $61.75 |
| Top Earners (P90) | $155,552 | $74.79 |
Median Salary Position
7.54% below the national average
2026 Salary Percentile Distribution in Monroe
In Monroe, NC, the financial advisor salary spread from the 10th to 90th percentile is $97,346 (2026 est.). At $100,356, the local median is 7.54% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Monroe: You'd be in the lower-middle range
How Monroe Financial Advisor Pay Compares
Monroe median: $100,356/year (2026)
| Compared To | Median Salary | Monroe Pays |
|---|---|---|
| North Carolina Average | $104,320 | -3.80% less |
| National Average | $108,537 | -7.54% less |
Financial Advisors in Monroe, NC earn a median of $100,356 per year (2026 est.), which is 7.54% lower than the national median of $108,537 and 3.80% below the North Carolina state average of $104,320.
Cost-of-Living Adjusted Salary
Monroe has a cost of living 6.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Monroe, NC has a cost-of-living index of 93.6 (below the national average of 100). A financial advisor earning $100,356 nominally has purchasing power equivalent to $107,218 in an average-cost city — an effective 6.84% boost.
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2019 BLS Actual
$81,228
2025 BLS Actual
$97,150
2026 Current Est.
$100,356
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Monroe (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $81,228 | Actual |
| 2020 | $82,596 | Actual |
| 2021 | $87,072 | Actual |
| 2022 | $88,200 | Actual |
| 2023 | $92,074 | Actual |
| 2024 | $94,496 | Actual |
| 2025 | $97,150 | Actual |
| 2026(current) | $100,356 | Estimated |
| 2027 | $103,668 | Projected |
Based on 7 years of BLS OEWS data for the Monroe metropolitan area, the median financial advisor salary grew 19.6% from $81,228 (2019) to $97,150 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $103,668 by 2027 — a total increase of $22,440 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Monroe metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $58,206 – $72,256 |
| 3-5 years (Mid Career) | $72,256 – $100,356 |
| 5+ years (Experienced) | $100,356 – $128,456 |
| 10+ years (Top Earner) | $128,456 – $155,552 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Monroe
The local financial advisor job market in Monroe consists of just six employed professionals, indicating a relatively niche sector that may offer unique opportunities for those looking to enter the field. The cost of living index in Monroe is 93.6, meaning that salaries provide more purchasing power compared to areas above the national average. Among local employers, wirehouses like Morgan Stanley and Wells Fargo Advisors typically offer higher salaries, while independent firms and Registered Investment Advisors (RIAs) are often favored for their asset-based fee models that align more closely with fiduciary principles. The disparity between low and high earnings in Monroe is driven by the size of assets under management, individual client relationships, and the fee structures employed. Aspiring financial advisors in this market should consider obtaining their CFP certification and building a strong client base to maximize their compensation potential and take full advantage of the evolving financial advisory landscape in Monroe, NC.
More salary data for Monroe, NC:
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $97,150 for financial advisorsin the Monroe metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Monroe is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov