Financial Advisor Salary in Myrtle Beach, SC: $103,155 (2026)
Quick Answer:A full-time financial advisor in Myrtle Beach, SC earns a median $103,155/year (≈ $49.59/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Myrtle Beach's price level (6% below national, BEA RPP 93.6), that paycheck buys what $110,159 would nationally. Nominal pay sits 0.5% above the South Carolina state average.
Official BLS data · View source
In 2026, the financial advisor salary in Myrtle Beach is projected to reach a median of $103,155, which positions it slightly below the national median of $108,537. Salaries in the market can vary significantly, with a range extending from $43,562 at the bottom (P10) to as high as $430,069 for the most experienced advisors (P90). These figures, derived from 2025 BLS OEWS data projected to 2026, highlight the structural divide in compensation based on business models. Advisors operating under the AUM (assets under management) fee model typical of Registered Investment Advisors (RIAs) may experience different income potential compared to those in commission-based wirehouse environments, where earnings can be more variable. This dynamic is particularly pertinent in Myrtle Beach, where the job market supports around 80 financial advisors.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $43,562 | $20.94 |
| Lower Range (P25) | $64,924 | $31.22 |
| Median (P50)(typical) | $103,155 | $49.59 |
| Upper Range (P75) | $200,949 | $96.61 |
| Top Earners (P90) | $430,069 | $206.77 |
Median Salary Position
4.96% below the national average
2026 Salary Percentile Distribution in Myrtle Beach
In Myrtle Beach, SC, the financial advisor salary spread from the 10th to 90th percentile is $386,507 (2026 est.). At $103,155, the local median is 4.96% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Myrtle Beach: You'd be in the entry-level range
How Myrtle Beach Financial Advisor Pay Compares
Myrtle Beach median: $103,155/year (2026)
| Compared To | Median Salary | Myrtle Beach Pays |
|---|---|---|
| South Carolina Average | $102,642 | +0.50% more |
| National Average | $108,537 | -4.96% less |
Financial Advisors in Myrtle Beach, SC earn a median of $103,155 per year (2026 est.), which is 4.96% lower than the national median of $108,537 and 0.50% above the South Carolina state average of $102,642.
Cost-of-Living Adjusted Salary
Myrtle Beach has a cost of living 6.36% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Myrtle Beach, SC has a cost-of-living index of 93.642 (below the national average of 100). A financial advisor earning $103,155 nominally has purchasing power equivalent to $110,159 in an average-cost city — an effective 6.79% boost.
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2019 BLS Actual
$120,010
2025 BLS Actual
$99,860
2026 Current Est.
$103,155
2019–2027 Growth
+-11.2%
Salary Trajectory for Financial Advisors in Myrtle Beach (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $120,010 | Actual |
| 2020 | $107,240 | Actual |
| 2021 | $59,150 | Actual |
| 2022 | $62,260 | Actual |
| 2023 | $80,660 | Actual |
| 2024 | $89,220 | Actual |
| 2025 | $99,860 | Actual |
| 2026(current) | $103,155 | Estimated |
| 2027 | $106,560 | Projected |
Based on 7 years of BLS OEWS data for the Myrtle Beach metropolitan area, the median financial advisor salary grew -16.8% from $120,010 (2019) to $99,860 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $106,560 by 2027 — a total increase of $-13,450 (-11.21%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Myrtle Beach 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) | $43,562 – $64,924 |
| 3-5 years (Mid Career) | $64,924 – $103,155 |
| 5+ years (Experienced) | $103,155 – $200,949 |
| 10+ years (Top Earner) | $200,949 – $430,069 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Myrtle Beach
Considering the local economic context, the cost of living index in Myrtle Beach stands at 93.642, making it relatively affordable compared to the national average. This reality enhances the purchasing power of financial advisor salaries in the region. Among local employers, wirehouses such as Morgan Stanley and Merrill Lynch, as well as independent broker-dealers like LPL and Raymond James, typically offer higher compensation packages compared to smaller RIAs or insurance-affiliated firms. Often, disparities in pay can be attributed to factors such as AUM book size, fee structures, the presence of high-net-worth (HNW) clients, and potential partner equity in RIAs. Advisors seeking to maximize their compensation in Myrtle Beach should focus on building a solid client base, securing necessary credentials like the CFP or CFA, and exploring the transition packages available when moving from wirehouses to RIAs or independent practices.
More salary data for Myrtle Beach, 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 $99,860 for financial advisorsin the Myrtle Beach 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