Financial Advisor Salary in North Carolina
The U.S. Department of Labor’s Bureau of Labor Statistics reported there to be 3,570 personal financial advisors working in North Carolina in 2010, making an average annual salary of $65,610.
North Carolina’s personal financial advisors earning salaries within the 75th percentile made an average of $74,690 per year, while those earning in the 90th percentile averaged $107,000.
Stockbroker Salary in North Carolina
The Bureau of Labor Statistics (BLS) of the U.S. Department of Labor reported in 2010 that 5,490 securities, commodities, and financial services sales agents were employed in North Carolina. The annual mean wage of a stockbroker in North Carolina that year was $105,290, while those earning in the 75th percentile made an average of $130,010 annually. Figures for North Carolina’s registered reps earning in the 90th percentile was beyond the BLS reporting ceiling, meaning it was in excess of $166,400 a year. Stockbrokers working in Durham averaged $127,880, while those employed in the Charlotte area averaged $121,070. These represented the highest averages in the state.
Life/Annuity Producer Salary in North Carolina
The U.S. Department of Labor’s Bureau of Labor Statistics reported that North Carolina was home to 8,940 insurance sales agents in 2010, many of which sold annuities under life insurance producer licenses. These agents earned an average annual salary of $60,920. Agents earning in the 75th percentile made about $70,230 per year, while those earning in the 90th percentile averaged $119,930 annually.
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.