Financial Advisor Salaries & Top Paying Companies in Richmond, VA

Position

City

Salary

How much does a Financial Advisor make in Richmond, VA?

The average salary for a Financial Advisor is $102,635 per year in Richmond, VA.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Richmond, VA, showing an average salary of $102,635 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Richmond, VA, showing an average salary of $8,553 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Richmond, VA, showing an average salary of $1,974 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Richmond, VA, showing an average salary of $49 with varying distribution percentages across salary ranges.

Financial Advisors in Richmond, VA, earn a solid income. On average, they make around $102,635 each year. This is a good income for many people looking to start or advance their careers. These advisors help clients with their money matters, like saving for the future and investing.

The salary for a Financial Advisor in Richmond can vary. Some make less, while others make more. The lowest-paid advisors earn around $40,000, while the highest-paid can make up to $225,000. Most advisors fall somewhere in between, earning between $73,000 and $141,000. This wide range depends on factors like experience, skills, and the clients they serve. It shows there are many opportunities for growth in this field.

What are the highest paying cities for a Financial Advisor near Richmond, VA?

Financial advisors near Richmond, VA, can find top-paying opportunities in several nearby cities. Henrico, VA, leads with an average salary of $159,680. Job seekers should also consider Harrisonburg, VA, where the average salary stands at $123,222. Norfolk, VA, offers a competitive average salary of $118,265 for financial advisors. These cities present attractive options for those looking to advance their careers in financial advising.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Richmond, VA, highlighting Henrico, VA with the highest at $159,680 and Fredericksburg, VA with the lowest at $76,629.

Henrico, VA
Average Salary: $159,680
Henrico offers a thriving environment for financial experts. The area boasts several banking institutions and financial firms. Notable companies include Capital One and VCU Health.
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Harrisonburg, VA
Average Salary: $123,222
In Harrisonburg, a financial professional enjoys a mix of corporate and individual clients. Major employers like Massanutten Financial Group provide solid opportunities. The town’s economic stability adds to job security.
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Norfolk, VA
Average Salary: $118,265
Norfolk's financial sector thrives on its diverse economy. Big names like Sentinel Advisors and Wells Fargo create a vibrant job market. The city’s port and military presence add unique financial needs.
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Manassas, VA
Average Salary: $106,327
Manassas offers a balanced mix of corporate and individual financial services. Companies like Frost Bank and SunTrust Bank provide ample opportunities. The area’s growth ensures steady job prospects.
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Virginia Beach, VA
Average Salary: $97,672
In Virginia Beach, financial experts enjoy working with a mix of retirees and professionals. Local firms like Merrill Lynch and Edward Jones thrive here. The coastal economy offers diverse financial needs.
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Charlottesville, VA
Average Salary: $93,388
Charlottesville provides a rich environment for financial professionals. The University of Virginia and local banks create many opportunities. The town’s educated populace offers unique financial challenges.
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Lynchburg, VA
Average Salary: $89,273
Lynchburg's financial sector benefits from a mix of small businesses and larger firms. Companies like Bank of America and Wells Fargo are prominent. The area’s economic diversity adds to job opportunities.
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Roanoke, VA
Average Salary: $86,744
Roanoke offers a stable environment for financial professionals. Notable companies include Blue Ridge Bank and Fifth Third Bank. The town’s industrial and service sectors provide varied financial needs.
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Alexandria, VA
Average Salary: $86,727
In Alexandria, financial experts enjoy a bustling job market. Major firms like JPMorgan Chase and Capital One are headquartered here. The area’s proximity to Washington, D.C., adds unique financial dynamics.
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Fredericksburg, VA
Average Salary: $76,629
Fredericksburg offers a mix of traditional and modern financial services. Companies like Wells Fargo and local credit unions provide many opportunities. The town’s historic charm meets modern economic needs.
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What are the best paying companies for a Financial Advisor in Richmond, VA?

Financial advisors in Richmond, VA, have the chance to work for top-paying firms. Northwestern Mutual offers the highest average salary at $155,500. Other notable companies include NY Life, with an average salary of $110,000, and Magellan Financial, offering $99,867. These companies provide competitive salaries and opportunities for growth. Deloitte, Charles Schwab, and North Star Resource Group also rank high with salaries over $80,000. Magellan Health Services and Bankers Life offer salaries above $70,000.

Graph displaying best paying company salaries for Financial Advisor jobs in Richmond, VA, highlighting Northwestern Mutual with the highest at $155,500 and Virginia Commonwealth University with the lowest at $40,000.

Northwestern Mutual
Average Salary: $155,500
Northwestern Mutual offers excellent opportunities for Financial Advisors in Richmond, VA. This company provides financial planning and investment services. They have a strong reputation for supporting their employees and offering competitive salaries. Northwestern Mutual also operates globally, with offices worldwide.
NY Life
Average Salary: $110,000
NY Life is another top choice for Financial Advisors in Richmond, VA. They offer diverse roles in financial planning, investment management, and insurance. NY Life values its employees and provides opportunities for growth and development. This company operates throughout the United States.
Magellan Financial
Average Salary: $99,867
Magellan Financial offers rewarding positions for Financial Advisors in Richmond, VA. They focus on investment management and retirement planning. The company is committed to helping clients achieve their financial goals. Magellan Financial has locations across the country.
Deloitte
Average Salary: $94,392
Deloitte provides significant opportunities for Financial Advisors in Richmond, VA. They offer a range of services, including tax and advisory. Deloitte values talent and offers a supportive environment. The company operates in multiple countries worldwide.
Charles Schwab
Average Salary: $84,500
Charles Schwab offers various roles for Financial Advisors in Richmond, VA. They focus on investment services and financial planning. The company is known for its client-focused approach. Charles Schwab has offices throughout the United States.
North Star Resource Group
Average Salary: $80,000
North Star Resource Group provides rewarding opportunities for Financial Advisors in Richmond, VA. They focus on financial planning and wealth management. This company values employee growth and offers a supportive work environment. They operate in multiple locations across the country.
Magellan Health Services
Average Salary: $71,363
Magellan Health Services offers positions for Financial Advisors in Richmond, VA. They provide health and wellness services, focusing on financial well-being. The company values teamwork and offers opportunities for growth. They operate throughout the United States.
Bankers Life
Average Salary: $56,667
Bankers Life provides opportunities for Financial Advisors in Richmond, VA. They offer insurance and financial products. This company values its employees and offers a supportive environment. Bankers Life operates across the country.
VCU Health System
Average Salary: $46,433
VCU Health System offers roles for Financial Advisors in Richmond, VA. They focus on financial services related to healthcare. This company values its employees and offers a supportive work environment. VCU Health System operates in multiple locations in Virginia.
Virginia Commonwealth University
Average Salary: $40,000
Virginia Commonwealth University offers positions for Financial Advisors in Richmond, VA. They focus on financial planning and education. This company values its employees and offers a supportive environment. Virginia Commonwealth University operates in multiple locations in Virginia.

What are the best paying Financial Advisor related jobs in Richmond, VA?

For job seekers in Richmond, VA, the financial advisor field offers high-paying opportunities. Chief Risk Officers earn the most, with an average salary of over $296,000. Other top-paying roles include Risk Management Director and Investment Banker.

Graph displaying best paying related job salaries for Financial Advisor jobs near Richmond, VA, highlighting Chief Risk Officer with the highest at $296,500 and Underwriter with the lowest at $90,909.

Chief Risk Officer
Average Salary: $296,500
In this role, one leads the risk management strategy. They work at major banks and financial firms, ensuring policies are in place. Their work affects company decisions and compliance with financial laws.
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Risk Management Director
Average Salary: $137,300
This position oversees risk assessment and mitigation. They focus on protecting company assets and ensuring financial stability. They often collaborate with senior executives to align risk strategies with business goals.
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Risk Management Manager
Average Salary: $133,947
This job involves evaluating and managing financial risks. They work in various financial institutions, creating risk management plans. Their work supports overall business operations and long-term success.
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Investment Banker
Average Salary: $133,235
This role focuses on financial transactions and mergers. They assist companies in raising capital and financial restructuring. They often work at large banks and investment firms, playing a key role in major financial deals.
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Portfolio Manager
Average Salary: $128,928
They manage investment portfolios for clients. Their job involves selecting assets and strategies. They often work with asset management firms, aiming to maximize returns and minimize risks for their clients.
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Underwriting Manager
Average Salary: $121,140
This position involves assessing and approving insurance risks. They oversee underwriting teams and policies. They work at insurance companies, ensuring risks are properly evaluated and managed.
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Wealth Management Advisor
Average Salary: $101,730
They provide personalized financial advice to clients. Their work helps clients achieve their financial goals. They often work for private wealth management firms, offering tailored investment and financial planning services.
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Risk Specialist
Average Salary: $97,111
They focus on identifying and analyzing financial risks. They develop strategies to mitigate these risks. They often work in corporate settings, supporting broader risk management efforts.
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Acquisitions Specialist
Average Salary: $93,733
This role involves identifying and evaluating potential acquisitions. They work on mergers and acquisitions for companies. They often collaborate with financial analysts and legal teams to ensure smooth transactions.
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Underwriter
Average Salary: $90,909
They assess and approve insurance applications. Their work is crucial for insurance companies. They ensure that the risks are acceptable and properly priced.
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Financial Advisor Salary in Richmond, VA

How much does a Financial Advisor make in Richmond, VA?

What are the highest paying cities for a Financial Advisor near Richmond, VA?

What are the best paying companies for a Financial Advisor in Richmond, VA?

Currently 2,238 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

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