Financial Advisor Hourly Pay in Anderson, IN: $38.06 (2026)
Quick Answer:Hourly pay for a financial advisor working in Anderson, IN runs $38.06 at the median for 2026 — annualizing to $79,166 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Anderson's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $41.68 nationally would. A 24-hour part-time schedule grosses $47,494 per year.
Based on BLS state-level estimates · View source
In Anderson, Indiana, the financial advisor hourly pay stands at a median of $38.06, which signifies a notable gap compared to the national average of $52.18. This disparity is important for professionals considering part-time roles or per-diem opportunities, which are often less common for less experienced advisors but can offer flexibility. With entry-level advisors earning about $22.08 per hour and top earners making as much as $58.99, the potential for income varies widely based on experience and client load. Advisors in this field typically work either in traditional settings, such as wirehouse branch offices and insurance agency locations, or remotely, engaging clients through virtual planning meetings. The hourly rates mentioned are estimates derived from annual compensation data and reflect the unique dynamics of the local employment market within the financial services sector.
About the Anderson Market
Salary estimated from Indiana average ($88,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.08 | $176.60 |
| Lower Range (P25) | $27.41 | $219.24 |
| Median (P50) | $38.06 | $304.45 |
| Upper Range (P75) | $48.72 | $389.73 |
| Top Earners (P90) | $58.99 | $471.96 |
Estimated Annual Income by Work Schedule in Anderson
Based on $38.06/hr median hourly rate · 2026 est.
At $38.06/hr, a financial advisor working full-time (40 hr/wk) in Anderson, IN can expect to earn approximately $79,156 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $45,667. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Anderson.
Hourly Rate Calculator
Schedule Comparison in Anderson
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,522.23 | $6,596 | $79,156 |
| Part-Time (24 hrs) | $913.34 | $3,958 | $47,494 |
| Per Diem (16 hrs) | $608.89 | $2,639 | $31,662 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Anderson) | $38.06 |
| 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 Anderson, IN earn a median of $79,166 per year (2026 est.), which is 27.06% lower than the national median of $108,537 and 2.30% below the Indiana state average of $81,030.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $38.06/hr = $47,494/year (purchasing power: $52,019).
Working 40h/week (full-time) = $79,156/year (purchasing power: $86,699).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.80/hr
2025 BLS Actual
$36.84/hr
2026 Current Est.
$38.06/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Anderson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.80/hr | Actual |
| 2020 | $31.32/hr | Actual |
| 2021 | $33.02/hr | Actual |
| 2022 | $33.45/hr | Actual |
| 2023 | $34.92/hr | Actual |
| 2024 | $37.76/hr | Actual |
| 2025 | $36.84/hr | Actual |
| 2026(current) | $38.06/hr | Estimated |
| 2027 | $39.31/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Anderson grew 19.6% from $30.80/hr (2019) to $36.84/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $39.31/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 Anderson 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 Anderson
When considering working part-time, a financial advisor in Anderson earning a median hourly wage could take home approximately $29,630 annually while working three days a week, significantly less than a full-time counterpart. Per-diem or contract work is generally rare at entry-level, yet seasoned fiduciary advisors might charge between $3,000-$15,000 for project-based financial plans, enhancing earnings through selective engagements. Different employer types in Anderson, such as wirehouses like Morgan Stanley and independent broker-dealers like LPL, show varied hourly pay scales; wirehouses tend to offer lower base salaries but may include incentives and benefits, leading to a trade-off that some advisors must navigate. The negotiation landscape is critical, especially with firms that offer health insurance versus those that provide higher hourly rates without benefits. When discussing potential compensation, financial advisors should be prepared to articulate their value, especially in a market where the bifurcation between commission-based and fee-only RIA models is becoming increasingly pronounced.
More salary data for Anderson, IN:
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
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 Anderson. 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 Anderson 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