Financial Advisor Salary in Morgantown, WV: $84,303 (2026)
Quick Answer:A full-time financial advisor in Morgantown, WV earns a median $84,303/year (≈ $40.53/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Morgantown's price level (7% below national, BEA RPP 93.3), that paycheck buys what $90,335 would nationally. Nominal pay sits 0.0% above the West Virginia state average.
Official BLS data · View source
In Morgantown, West Virginia, the projected financial advisor salary in 2026 is set at $84,303, which falls significantly below the national median of $108,537. Financial advisors in this city can expect a salary range from $55,927 at the 10th percentile up to $162,222 at the 90th percentile, illustrating a substantial disparity based on experience and credentials. These figures are based on 2025 BLS OEWS data, reflecting a professional environment where the Certified Financial Planner (CFP) designation may confer a premium and aligns with the growing trend of fee-only fiduciary models gaining traction. The local job market, featuring around 60 employed financial advisors, provides a context for the competitive landscape of financial services in Morgantown, indicating potential growth opportunities for both new and established advisors.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $55,927 | $26.89 |
| Lower Range (P25) | $59,511 | $28.61 |
| Median (P50)(typical) | $84,303 | $40.53 |
| Upper Range (P75) | $108,217 | $52.03 |
| Top Earners (P90) | $162,222 | $77.99 |
Median Salary Position
22.33% below the national average
2026 Salary Percentile Distribution in Morgantown
In Morgantown, WV, the financial advisor salary spread from the 10th to 90th percentile is $106,295 (2026 est.). At $84,303, the local median is 22.33% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Morgantown: You'd be in the lower-middle range
How Morgantown Financial Advisor Pay Compares
Morgantown median: $84,303/year (2026)
| Compared To | Median Salary | Morgantown Pays |
|---|---|---|
| National Average | $108,537 | -22.33% less |
Financial Advisors in Morgantown, WV earn a median of $84,303 per year (2026 est.), which is 22.33% lower than the national median of $108,537.
Cost-of-Living Adjusted Salary
Morgantown has a cost of living 6.68% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Morgantown, WV has a cost-of-living index of 93.323 (below the national average of 100). A financial advisor earning $84,303 nominally has purchasing power equivalent to $90,335 in an average-cost city — an effective 7.16% boost.
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2019 BLS Actual
$76,700
2025 BLS Actual
$81,610
2026 Current Est.
$84,303
2019–2027 Growth
+13.5%
Salary Trajectory for Financial Advisors in Morgantown (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $76,700 | Actual |
| 2020 | $79,990 | Actual |
| 2021 | $50,510 | Actual |
| 2022 | $59,430 | Actual |
| 2023 | $62,470 | Actual |
| 2024 | $82,040 | Actual |
| 2025 | $81,610 | Actual |
| 2026(current) | $84,303 | Estimated |
| 2027 | $87,085 | Projected |
Based on 7 years of BLS OEWS data for the Morgantown metropolitan area, the median financial advisor salary grew 6.4% from $76,700 (2019) to $81,610 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $87,085 by 2027 — a total increase of $10,385 (13.54%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Morgantown 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) | $55,927 – $59,511 |
| 3-5 years (Mid Career) | $59,511 – $84,303 |
| 5+ years (Experienced) | $84,303 – $108,217 |
| 10+ years (Top Earner) | $108,217 – $162,222 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Morgantown
The cost of living in Morgantown, indexed at 93.323, creates an attractive environment for financial advisor pay, enhancing take-home purchasing power despite a comparatively lower salary range than the national average. Among local employers, wirehouses like Morgan Stanley and Merrill Lynch generally offer higher salaries compared to independent broker-dealers and RIAs, where compensation models differ significantly—RIAs typically charge a 1% AUM fee while wirehouses often rely on commission-based incomes. The spread between the lower and higher salaries reflects factors such as client concentration, the advisor's asset management skills, and the potential income from transitioning clients. To maximize financial advisor pay in Morgantown, professionals should focus on obtaining advanced credentials like the CFP, building a diverse client base, and exploring opportunities in fee-only practices where fiduciary standards prevail.
More salary data for Morgantown, WV:
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 $81,610 for financial advisorsin the Morgantown 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