Financial Advisor Salary in Spartanburg, SC: $102,608 (2026)
Quick Answer:A full-time financial advisor in Spartanburg, SC earns a median $102,608/year (≈ $49.34/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Spartanburg's price level (9% below national, BEA RPP 91.1), that paycheck buys what $112,693 would nationally. Nominal pay sits 0.0% above the South Carolina state average.
Official BLS data · View source
Financial advisors in Spartanburg, South Carolina, report a median annual salary of $102,608, reflecting a competitive landscape for professionals in the financial services sector. This figure is derived from the latest estimates based on 2025 BLS OEWS data, projected to 2026. The salary range is significant, spanning from $49,315 at the 10th percentile to $368,988 at the 90th percentile. Salary variations within the field are primarily influenced by the advisor model employed, whether it's a wirehouse or a Registered Investment Advisor (RIA) model. Advisors affiliated with wirehouses may have different compensation structures compared to those in RIAs, where assets under management (AUM) and fiduciary obligations heavily shape earnings. Understanding this structural divide can provide insight into the financial advisor pay in Spartanburg, SC.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $49,315 | $23.71 |
| Lower Range (P25) | $66,412 | $31.93 |
| Median (P50)(typical) | $102,608 | $49.34 |
| Upper Range (P75) | $208,676 | $100.32 |
| Top Earners (P90) | $368,988 | $177.40 |
Median Salary Position
5.46% below the national average
2026 Salary Percentile Distribution in Spartanburg
In Spartanburg, SC, the financial advisor salary spread from the 10th to 90th percentile is $319,673 (2026 est.). At $102,608, the local median is 5.46% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Spartanburg: You'd be in the entry-level range
How Spartanburg Financial Advisor Pay Compares
Spartanburg median: $102,608/year (2026)
| Compared To | Median Salary | Spartanburg Pays |
|---|---|---|
| National Average | $108,537 | -5.46% less |
Financial Advisors in Spartanburg, SC earn a median of $102,608 per year (2026 est.), which is 5.46% lower than the national median of $108,537.
Cost-of-Living Adjusted Salary
Spartanburg has a cost of living 8.95% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Spartanburg, SC has a cost-of-living index of 91.051 (below the national average of 100). A financial advisor earning $102,608 nominally has purchasing power equivalent to $112,693 in an average-cost city — an effective 9.83% boost.
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2019 BLS Actual
$59,830
2025 BLS Actual
$99,330
2026 Current Est.
$102,608
2019–2027 Growth
+77.2%
Salary Trajectory for Financial Advisors in Spartanburg (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $59,830 | Actual |
| 2020 | $68,930 | Actual |
| 2021 | $80,400 | Actual |
| 2022 | $63,360 | Actual |
| 2023 | $73,940 | Actual |
| 2024 | $126,600 | Actual |
| 2025 | $99,330 | Actual |
| 2026(current) | $102,608 | Estimated |
| 2027 | $105,994 | Projected |
Based on 7 years of BLS OEWS data for the Spartanburg metropolitan area, the median financial advisor salary grew 66.0% from $59,830 (2019) to $99,330 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $105,994 by 2027 — a total increase of $46,164 (77.16%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Spartanburg 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) | $49,315 – $66,412 |
| 3-5 years (Mid Career) | $66,412 – $102,608 |
| 5+ years (Experienced) | $102,608 – $208,676 |
| 10+ years (Top Earner) | $208,676 – $368,988 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Spartanburg
In Spartanburg, the local job market currently employs around 130 financial advisors, a modest number relative to other regions but indicative of the community's financial demographics. The cost of living index stands at 91.051, suggesting that advisors can retain a better purchasing power compared to many U.S. cities. This economic landscape emphasizes the importance of targeting employers that traditionally offer higher salaries, such as wirehouses like Morgan Stanley or Merrill Lynch, as well as independent firms. Discrepancies in compensation often arise from various factors, including the size of the advisor's AUM and the respective fee structures—1% typically at RIAs versus commissions at wirehouses. Advisors looking to maximize their financial advisor salary in Spartanburg may benefit from obtaining credentials like the CFP, which could position them favorably for higher compensation opportunities among high-net-worth clients and potential equity partnerships at RIAs.
More salary data for Spartanburg, SC:
Frequently Asked Questions
How much do financial advisors make in Spartanburg, SC in 2026?
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Can financial advisors make $100K in Spartanburg?
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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 $99,330 for financial advisorsin the Spartanburg 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
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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