Financial and Investment Analysts in South Carolina
Considering working as a Financial and Investment Analysts in South Carolina? Here’s what the data says. Conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses. Excludes “Budget Analysts” (13-2031), “Financial Risk Specialists” (13-2054), and “Securities, Commodities, and Financial Services Sales Agents” (41-3031).
What do Financial and Investment Analysts Make in South Carolina?
For a financial and investment analysts working in South Carolina, the typical annual salary is $89,850 per year (or roughly $43.20/hour).Annual wages span from $56,460 at the 10th percentile to $160,660 at the 90th percentile.
| Wage Statistic | Annual | Hourly |
|---|---|---|
| 10th percentile | $56,460 | $27.14 |
| 25th percentile | $73,130 | $35.16 |
| Median (50th) | $89,850 | $43.20 |
| 75th percentile | $128,370 | $61.71 |
| 90th percentile | $160,660 | $77.24 |
The job concentration index in South Carolina nationwide is 0.71, suggesting fewer financial and investment analysts per worker than the national average.
National Wage Comparison
Nationally, financial and investment analysts earn a median of $82,666 per year ($39.74/hour), exceeding the South Carolina median.
Employment Outlook
Nationally, total employment in this occupation is 72,056 financial and investment analysts across the United States. In South Carolina alone, about 3,540 people work in this role. That’s more than the typical state, which employs around 3,140 financial and investment analysts.
Top South Carolina Metros for Financial and Investment Analysts
These are the South Carolina metros with the most financial and investment analysts in South Carolina.
| Metro Area | Number Employed | Annual Median Salary |
|---|---|---|
| Charleston-North Charleston, SC | 810 | $100,570 |
| Greenville-Anderson-Greer, SC | 640 | $84,990 |
| Columbia, SC | 520 | $84,390 |
| Spartanburg, SC | 150 | $82,060 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 130 | $83,550 |
| Hilton Head Island-Bluffton-Port Royal, SC | 110 | $92,600 |
| Florence, SC | 80 | $79,800 |
Top States for Financial and Investment Analysts Employment
View the states that employ the most financial and investment analysts work.
| State | Number Employed |
|---|---|
| New York | 47,130 |
| California | 40,570 |
| Texas | 26,940 |
| Florida | 21,690 |
| Massachusetts | 18,020 |
| Illinois | 17,950 |
| Pennsylvania | 12,220 |
| New Jersey | 11,100 |
| Georgia | 10,330 |
| North Carolina | 10,330 |
| Ohio | 9,290 |
| Colorado | 9,120 |
| Virginia | 8,870 |
| Michigan | 8,020 |
| Washington | 7,780 |
| Minnesota | 6,690 |
| Maryland | 6,190 |
| Wisconsin | 4,960 |
| Arizona | 4,910 |
| Connecticut | 4,870 |
Highest-Paying States for Financial and Investment Analysts
Where financial and investment analysts earn the most: financial and investment analysts.
| State | Annual Median Salary |
|---|---|
| Wyoming | $213,940 |
| New York | $126,580 |
| California | $111,100 |
| New Jersey | $109,380 |
| Oregon | $107,680 |
| Massachusetts | $107,610 |
| District of Columbia | $106,840 |
| Connecticut | $106,250 |
| Virginia | $104,030 |
| Minnesota | $102,800 |
Daily Tasks
Day-to-day, financial and investment analysts typically:
- Advise clients on aspects of capitalization, such as amounts, sources, or timing.
- Analyze financial or operational performance of companies facing financial difficulties to identify or recommend remedies.
- Assess companies as investments for clients by examining company facilities.
- Collaborate on projects with other professionals, such as lawyers, accountants, or public relations experts.
- Collaborate with investment bankers to attract new corporate clients.
- Conduct financial analyses related to investments in green construction or green retrofitting projects.
- Confer with clients to restructure debt, refinance debt, or raise new debt.
- Create client presentations of plan details.
- Determine the prices at which securities should be syndicated and offered to the public.
- Develop and maintain client relationships.
- Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
- Employ financial models to develop solutions to financial problems or to assess the financial or capital impact of transactions.
Tools & Technology
Technologies frequently used: Hot technologies: Alteryx software, Apache Hive, Google Docs, IBM SPSS Statistics, Intuit QuickBooks In-demand technologies: Microsoft Excel
What Major Will Prepare You For This Career?
Related college programs include:
- Finance & Financial Management
- Accounting
- Applied Mathematics
- Data Analytics
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Related Careers
Careers similar to financial and investment analysts include:
- Financial Managers
- Investment Fund Managers
- Management Analysts
- Market Research Analysts and Marketing Specialists
- Accountants and Auditors
- Credit Analysts
Also Known As
Accounting Analyst, Acquisition Analyst, Acquisition Specialist, Acquisitions Analyst, Acquisitions Consultant, Alternative Financing Specialist, Analyst, Bank Analyst, Banking Analyst, Bond Analyst, Brand Analyst, Chartered Financial Analyst (CFA), Commodity Analyst, Corporate Financial Analyst, Corporate Securities Research Analyst.
References
- U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics — https://www.bls.gov/oes/
- O*NET Online — https://www.onetonline.org/
- BLS Employment Projections — https://www.bls.gov/emp/
- O*NET-SOC code: 13-2051.00