Financial Advisor Salary in Virginia: $106,842 (2026)
Quick Answer:Across Virginia's 42 metropolitan areas, the average median financial advisor pay sits at $106,842/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 13-2052. Because Virginia sits at BEA RPP 103.2 (3% above the U.S. baseline), that statewide median translates to roughly $103,529 in nationally-comparable purchasing power. Highest-paying metros: Staunton ($133,900), Charlottesville ($126,940), Richmond ($110,910).
In 2026, financial advisors in Virginia are projected to earn an average median salary of $106,842, slightly below the national median of $108,537, reflecting a difference of 1.6%. The highest paying city, Staunton, offers a salary of $138,319, while Winchester presents the lowest at $61,970, creating a significant salary gap of $76,349. This disparity is largely influenced by factors such as the local cost of living, client demographics, and economic activity in different regions. Virginia's job market for financial advisors is expected to show a growth rate of 3.30% annually, indicating a steady demand for these professionals. State-specific elements, including licensing requirements and scope of practice laws, shape the hiring landscape. Advisors must comply with Virginia's regulatory environment, which influences how they operate and serve clients. Top cities for financial advisor salaries in 2026 include Staunton at $138,319, Charlottesville at $131,129, Richmond at $114,570, Alexandria at $108,809, and Virginia Beach at $100,685. Understanding the regional dynamics and adhering to state regulations will be essential for financial advisors looking to succeed in Virginia's evolving financial landscape.
Virginia Financial Advisor Salary Range
Overall salary range in Virginia: $47,446 (lowest entry-level) to $926,859 (highest top earner)
Virginia vs National Average
Virginia financial advisors earn 1.56% less than the national median ($-1,695/year difference).
Virginia Financial Advisor Salary Distribution (2026)
Financial Advisor salaries in Virginia range from $56,014 (entry-level, 10th percentile) to $338,965 (top earners, 90th percentile), with a median of $106,842. The Virginia median is $1,695 below the US national median of $108,537. The average hourly rate is $51.37/hr. Approximately 2,607 financial advisors are employed across 42 cities.
2019 BLS Actual
$103,579
2025 BLS Actual
$103,429
2026 Current Est.
$106,842
2019–2027 Growth
+6.6%
Salary Trajectory for Financial Advisors in Virginia (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $103,579 | Actual |
| 2020 | $109,574 | Actual |
| 2021 | $95,214 | Actual |
| 2022 | $87,875 | Actual |
| 2023 | $97,101 | Actual |
| 2024 | $104,727 | Actual |
| 2025 | $103,429 | Actual |
| 2026(current) | $106,842 | Estimated |
| 2027 | $110,368 | Projected |
Based on 7 years of BLS OEWS data for the Virginia metropolitan area, the median financial advisor salary grew -0.1% from $103,579 (2019) to $103,429 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $110,368 by 2027 — a total increase of $6,789 (6.55%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Virginia 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.
Top 5 Highest Paying Cities in Virginia
Lowest Paying Cities in Virginia
| City | Median Salary |
|---|---|
| Winchester | $61,970 |
| Blacksburg | $81,121 |
| Radford | $82,540 |
| Falls Church | $86,363 |
| Herndon | $87,736 |
Best Value Cities for Financial Advisors in Virginia
When adjusted for local cost of living, these Virginia cities offer the most purchasing power for financial advisors.
| City | Nominal Salary | CoL Index | Adjusted Salary |
|---|---|---|---|
| Staunton | $138,319 | 91.128 | $151,785 |
| Charlottesville | $131,129 | 99.146 | $132,258 |
| Richmond | $114,570 | 97.858 | $117,078 |
| Alexandria | $108,809 | 103.2 | $105,435 |
| Lynchburg | $92,608 | 89.363 | $103,631 |
Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.
Salary by Experience Level in Virginia
| Experience Level | Estimated Annual |
|---|---|
| Entry Level (0-2 years) | $56,014 |
| Mid Career (3-7 years) | $106,842 |
| Experienced (7+ years) | $338,965 |
Estimates based on BLS percentile data averaged across Virginia metro areas. Individual pay varies by employer, certifications, and specialization.
All 42 Cities in Virginia
| # | City | Median Salary |
|---|---|---|
| 1 | Staunton | $138,319 |
| 2 | Charlottesville | $131,129 |
| 3 | Richmond | $114,570 |
| 4 | Alexandria | $108,809 |
| 5 | Virginia Beach | $100,685 |
| 6 | Norfolk | $97,911 |
| 7 | Chesapeake | $96,846 |
| 8 | Roanoke | $94,716 |
| 9 | Bristol | $94,579 |
| 10 | Newport News | $94,390 |
| 11 | Hampton | $93,558 |
| 12 | Centreville | $93,122 |
| 13 | Lynchburg | $92,608 |
| 14 | Burke | $92,492 |
| 15 | Suffolk | $92,091 |
| 16 | Tuckahoe | $91,830 |
| 17 | Harrisonburg | $91,720 |
| 18 | Ashburn | $91,698 |
| 19 | McLean | $91,692 |
| 20 | Reston | $91,594 |
| 21 | Danville | $91,575 |
| 22 | Fredericksburg | $91,183 |
| 23 | Dale City | $91,164 |
| 24 | Manassas | $91,066 |
| 25 | Salem | $90,812 |
| 26 | Leesburg | $90,682 |
| 27 | Portsmouth | $90,630 |
| 28 | Mechanicsville | $90,486 |
| 29 | Springfield | $90,165 |
| 30 | Woodbridge | $90,041 |
| 31 | Sterling | $89,868 |
| 32 | Lake Ridge | $89,751 |
| 33 | Linton Hall | $89,649 |
| 34 | Fairfax | $89,420 |
| 35 | Waynesboro | $88,983 |
| 36 | Annandale | $88,865 |
| 37 | Williamsburg | $88,694 |
| 38 | Herndon | $87,736 |
| 39 | Falls Church | $86,363 |
| 40 | Radford | $82,540 |
| 41 | Blacksburg | $81,121 |
| 42 | Winchester | $61,970 |
More Virginia Salary Data
Hourly Rates
Explore financial advisor hourly pay in Virginia cities.
Senior / Experienced
Top earner salaries for experienced financial advisors.
Explore More Financial Advisor Salary Data
Frequently Asked Questions
How much do financial advisors make in Virginia in 2026?
What is the highest paying city for financial advisors in Virginia?
How does Virginia financial advisor pay compare to the national average?
What is the entry-level financial advisor salary in Virginia?
How many financial advisors are employed in Virginia?
Which Virginia city offers the best value for financial advisors?
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
Statewide 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. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 financial advisor compensation across Virginia. State averages are employment-weighted across 42 metro areas — larger metro areas with more financial advisorscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.
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