Financial Advisor Hourly Pay in Riverside, CA: $47.72 (2026)
Quick Answer:Hourly pay for a financial advisor working in Riverside, CA runs $47.72 at the median for 2026 — annualizing to $99,271 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Riverside's regional price level (BEA RPP 106.4, 6% above national), each hour of work buys what $44.84 nationally would. A 24-hour part-time schedule grosses $59,560 per year.
Official BLS data · View source
In Riverside, California, the financial advisor hourly pay is projected at $47.72 in 2026, which falls below the national hourly median of $52.18. This discrepancy highlights a relevant context for advisors who may be working part-time or on a per-diem basis; for instance, a financial advisor working three days a week could take home a significant $40,156.50 annually, providing a versatile option for balancing work with personal commitments. The hourly compensation ranges from $32.53 for entry-level roles to $147.20 for top earners, indicating a wide span of potential income depending on experience, specialization, and work setting. Typical environments for financial advisors include wirehouse branch offices, independent investment firms, insurance agencies, and virtual consultations, allowing professionals to tailor their careers to their preferences and client needs in Riverside.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.53 | $260.23 |
| Lower Range (P25) | $39.15 | $313.21 |
| Median (P50) | $47.72 | $381.80 |
| Upper Range (P75) | $80.65 | $645.17 |
| Top Earners (P90) | $147.20 | $1177.62 |
Estimated Annual Income by Work Schedule in Riverside
Based on $47.72/hr median hourly rate · 2026 est.
At $47.72/hr, a financial advisor working full-time (40 hr/wk) in Riverside, CA can expect to earn approximately $99,267 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $57,270. With a cost-of-living index of 106.44 (above the national average), these earnings may be offset by higher expenses in Riverside.
Hourly Rate Calculator
Schedule Comparison in Riverside
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,908.98 | $8,272 | $99,267 |
| Part-Time (24 hrs) | $1,145.39 | $4,963 | $59,560 |
| Per Diem (16 hrs) | $763.59 | $3,309 | $39,707 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Riverside) | $47.72 |
| Financial Analyst (National Avg) | $47.61 |
| Accountant / Auditor (National Avg) | $39.88 |
| Insurance Sales Agent (National Avg) | $29.02 |
| Securities / Commodities Sales Agent (National Avg) | $35.30 |
Financial Advisors in Riverside, CA earn a median of $99,271 per year (2026 est.), which is 8.54% lower than the national median of $108,537 and 13.90% below the California state average of $115,298.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $47.72/hr = $59,560/year (purchasing power: $55,956).
Working 40h/week (full-time) = $99,267/year (purchasing power: $93,259).
CoL index: 106.442 (100 = national average).
2019 BLS Actual
$30.96/hr
2025 BLS Actual
$46.20/hr
2026 Current Est.
$47.72/hr
2019–2027 Growth
+59.2%
Hourly Rate Trajectory for Financial Advisors in Riverside (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.96/hr | Actual |
| 2020 | $33.54/hr | Actual |
| 2021 | $38.92/hr | Actual |
| 2022 | $36.00/hr | Actual |
| 2023 | $45.66/hr | Actual |
| 2024 | $46.56/hr | Actual |
| 2025 | $46.20/hr | Actual |
| 2026(current) | $47.72/hr | Estimated |
| 2027 | $49.30/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Riverside grew 49.2% from $30.96/hr (2019) to $46.20/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $49.30/hr by 2027. Part-time and per-diem financial advisors can use this multi-year trend to benchmark future contract negotiations.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Riverside 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.
Working as an Hourly Financial Advisor in Riverside
Part-time financial advisors in Riverside can carve out a convincing living, making strategic decisions about whether to pursue full-time roles or flexible arrangements that suit their lifestyle. Experienced fiduciary advisors, focusing on project-based engagements, may charge from $3,000 to $15,000 for comprehensive financial plans. Moreover, smaller businesses may seek retirement plan consulting, leading to retainers ranging from $5,000 to $25,000. The financial advisor hourly rates can differ markedly among various employer types, including wirehouses like Morgan Stanley or independent firms like LPL, with trade-offs between financial security and hourly pay. While some advisors opt for lower hourly rates in exchange for benefits like health insurance, others may prioritize higher pay without benefits. For those negotiating hourly positions, emphasizing suitability for client needs and showcasing relevant credentials, such as a CFP designation, can lead to better compensation discussions in the competitive Riverside market.
More salary data for Riverside, CA:
Frequently Asked Questions
What is the hourly rate for financial advisors in Riverside in 2026?
How much do part-time financial advisors make in Riverside?
Are financial advisors in Riverside paid hourly or salary?
How much does a full-time financial advisor make per year in Riverside?
Do financial advisors earn more per hour working part-time in Riverside?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in California
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
Hourly wage figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to estimate current 2026 hourly rates for financial advisors in Riverside. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
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