Financial Advisor Hourly Pay in Cheshire, CT: $58.59 (2026)
Quick Answer:Hourly pay for a financial advisor working in Cheshire, CT runs $58.59 at the median for 2026 — annualizing to $121,872 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Cheshire's regional price level (BEA RPP 107.9, 8% above national), each hour of work buys what $54.30 nationally would. A 24-hour part-time schedule grosses $73,123 per year.
Based on BLS state-level estimates · View source
In Cheshire, Connecticut, financial advisors earn a median hourly rate of $58.59, which surpasses the national hourly median of $52.18 by a notable margin. This attractive pay rate can significantly benefit part-time professionals and those working on a per-diem basis in various environments, including wirehouse branch offices, independent advisor settings, and client-centric meetings. A typical three-day workweek (around 24 hours) allows an advisor to bring in a substantial income, especially when considering the hourly range of $33.99 at entry-level positions to $90.82 for the most seasoned professionals. Furthermore, it’s essential to recognize that these hourly estimates are derived from annual salary projections, providing a realistic view of financial advisor compensation within this market.
About the Cheshire Market
Salary estimated from Connecticut average ($148,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.99 | $271.89 |
| Lower Range (P25) | $42.19 | $337.50 |
| Median (P50) | $58.59 | $468.73 |
| Upper Range (P75) | $75.00 | $599.97 |
| Top Earners (P90) | $90.82 | $726.57 |
Estimated Annual Income by Work Schedule in Cheshire
Based on $58.59/hr median hourly rate · 2026 est.
At $58.59/hr, a financial advisor working full-time (40 hr/wk) in Cheshire, CT can expect to earn approximately $121,871 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $70,310. With a cost-of-living index of 107.90 (above the national average), these earnings may be offset by higher expenses in Cheshire.
Hourly Rate Calculator
Schedule Comparison in Cheshire
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,343.67 | $10,156 | $121,871 |
| Part-Time (24 hrs) | $1,406.20 | $6,094 | $73,123 |
| Per Diem (16 hrs) | $937.47 | $4,062 | $48,748 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Cheshire) | $58.59 |
| 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 Cheshire, CT earn a median of $121,872 per year (2026 est.), which is 12.29% higher than the national median of $108,537 and 4.50% below the Connecticut state average of $127,615.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $58.59/hr = $73,123/year (purchasing power: $67,769).
Working 40h/week (full-time) = $121,871/year (purchasing power: $112,948).
CoL index: 107.9 (100 = national average).
2019 BLS Actual
$47.42/hr
2025 BLS Actual
$56.72/hr
2026 Current Est.
$58.59/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Cheshire (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $47.42/hr | Actual |
| 2020 | $48.22/hr | Actual |
| 2021 | $50.84/hr | Actual |
| 2022 | $51.49/hr | Actual |
| 2023 | $53.76/hr | Actual |
| 2024 | $73.30/hr | Actual |
| 2025 | $56.72/hr | Actual |
| 2026(current) | $58.59/hr | Estimated |
| 2027 | $60.53/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Cheshire grew 19.6% from $47.42/hr (2019) to $56.72/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $60.53/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 Cheshire 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 Cheshire
For part-time financial advisors in Cheshire, working an average of 24 hours weekly could yield a significant annual income that rivals full-time positions. The dynamics of per-diem financial advisor pay in Cheshire reflect those of a competitive industry where project-based work, particularly for seasoned fiduciaries, may command fees ranging from $3,000 to $15,000 for comprehensive financial plans and annual retainers of $5,000 to $25,000 for retirement consulting. The hourly rates vary depending on the employer type, with wirehouses such as Morgan Stanley and Merrill Lynch generally offering steadier compensation but often with less flexibility compared to independent RIA firms. Advisors contemplating their financial advisor hourly pay in CT may also face the choice between higher pay without benefits and more stable, lower hourly rates that come with health insurance. For those negotiating their hourly rates, emphasizing unique qualifications, market demands, and the evolving structure of advisory firms in Cheshire will be crucial in attaining their desired compensation.
More salary data for Cheshire, CT:
Frequently Asked Questions
What is the hourly rate for financial advisors in Cheshire in 2026?
How much do part-time financial advisors make in Cheshire?
Are financial advisors in Cheshire paid hourly or salary?
How much does a full-time financial advisor make per year in Cheshire?
Do financial advisors earn more per hour working part-time in Cheshire?
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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
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 Cheshire. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Cheshire is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
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