Financial Advisor Salary in Sumter, SC: $97,719 (2026)
Quick Answer:A full-time financial advisor in Sumter, SC earns a median $97,719/year (≈ $46.98/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Sumter's price level (8% below national, BEA RPP 91.5), that paycheck buys what $106,797 would nationally. Nominal pay sits 4.8% below the South Carolina state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Sumter, South Carolina, can expect a median annual salary of $97,719, reflecting local trends derived from BLS state-level data and regional price adjustments. With salaries ranging from $56,677 at the 10th percentile to as high as $151,464 at the 90th percentile, aspiring professionals considering a career in financial planning may find the compensation structure attractive, especially given the ongoing shift toward fee-only models and the growing demand for fiduciary services. As the market continues to favor the Certified Financial Planner (CFP) credentialing standard, future advisors in Sumter could position themselves advantageously within this evolving landscape, solidifying their reputation as trusted planners amidst increased competition in the financial advising sector.
About the Sumter Market
Salary estimated from South Carolina average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,677 | $27.25 |
| Lower Range (P25) | $70,358 | $33.83 |
| Median (P50)(typical) | $97,719 | $46.98 |
| Upper Range (P75) | $125,080 | $60.13 |
| Top Earners (P90) | $151,464 | $72.82 |
Median Salary Position
9.97% below the national average
2026 Salary Percentile Distribution in Sumter
In Sumter, SC, the financial advisor salary spread from the 10th to 90th percentile is $94,787 (2026 est.). At $97,719, the local median is 9.97% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Sumter: You'd be in the lower-middle range
How Sumter Financial Advisor Pay Compares
Sumter median: $97,719/year (2026)
| Compared To | Median Salary | Sumter Pays |
|---|---|---|
| South Carolina Average | $102,646 | -4.80% less |
| National Average | $108,537 | -9.97% less |
Financial Advisors in Sumter, SC earn a median of $97,719 per year (2026 est.), which is 9.97% lower than the national median of $108,537 and 4.80% below the South Carolina state average of $102,646.
Cost-of-Living Adjusted Salary
Sumter has a cost of living 8.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Sumter, SC has a cost-of-living index of 91.5 (below the national average of 100). A financial advisor earning $97,719 nominally has purchasing power equivalent to $106,797 in an average-cost city — an effective 9.29% boost.
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2019 BLS Actual
$52,410
2025 BLS Actual
$94,597
2026 Current Est.
$97,719
2019–2027 Growth
+92.6%
Salary Trajectory for Financial Advisors in Sumter (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $52,410 | Actual |
| 2020 | $80,426 | Actual |
| 2021 | $84,783 | Actual |
| 2022 | $85,882 | Actual |
| 2023 | $89,654 | Actual |
| 2024 | $76,683 | Actual |
| 2025 | $94,597 | Actual |
| 2026(current) | $97,719 | Estimated |
| 2027 | $100,943 | Projected |
Based on 7 years of BLS OEWS data for the Sumter metropolitan area, the median financial advisor salary grew 80.5% from $52,410 (2019) to $94,597 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $100,943 by 2027 — a total increase of $48,533 (92.60%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Sumter 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) | $56,677 – $70,358 |
| 3-5 years (Mid Career) | $70,358 – $97,719 |
| 5+ years (Experienced) | $97,719 – $125,080 |
| 10+ years (Top Earner) | $125,080 – $151,464 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Sumter
In Sumter, the financial advisor job market is modest, with only eight professionals currently employed in this occupation. The cost of living index stands at 91.5, indicating that living expenses are lower than the national average, which can enhance purchasing power for local advisors. Major employers in the area that typically offer competitive salaries include wirehouses like Wells Fargo Advisors and investment firms like Edward Jones. The spread between lower and higher earnings reflects various factors, including assets under management (AUM), fee structures, and client concentration levels. Advisors focusing on a fiduciary model can often achieve higher pay rates through AUM-based fees compared to those in commission-driven environments. For those committed to maximizing their financial advisor pay in Sumter, SC, attaining credentials such as the CFP and building a solid client base could be key strategies for enhancing both credibility and compensation.
More salary data for Sumter, SC:
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 $94,597 for financial advisorsin the Sumter 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 Sumter 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