Financial Advisor Hourly Pay in Lawrence, IN: $37.25 (2026)
Quick Answer:Hourly pay for a financial advisor working in Lawrence, IN runs $37.25 at the median for 2026 — annualizing to $77,484 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Lawrence's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $40.80 nationally would. A 24-hour part-time schedule grosses $46,488 per year.
Based on BLS state-level estimates · View source
In Lawrence, Indiana, the financial advisor hourly pay stands at a median of $37.25, which is significantly lower than the national hourly median of $52.18. This figure holds implications for various working arrangements within the profession. For those in part-time roles, such as working three days a week, the pay can still be attractive, especially in context with typical settings like wirehouse branch offices or remote planning meetings. Entry-level advisors start at around $21.61 per hour, while top earners can make up to $57.74 per hour. The broad range reflects the varying levels of expertise and the types of clientele served, whether through face-to-face consultations with high-net-worth individuals or in a virtual setting among different corporate structures like independent broker-dealers or RIAs.
About the Lawrence 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) | $21.61 | $172.88 |
| Lower Range (P25) | $26.82 | $214.53 |
| Median (P50) | $37.25 | $298.00 |
| Upper Range (P75) | $47.68 | $381.47 |
| Top Earners (P90) | $57.74 | $461.96 |
Estimated Annual Income by Work Schedule in Lawrence
Based on $37.25/hr median hourly rate · 2026 est.
At $37.25/hr, a financial advisor working full-time (40 hr/wk) in Lawrence, IN can expect to earn approximately $77,480 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $44,700. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Lawrence.
Hourly Rate Calculator
Schedule Comparison in Lawrence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,490.00 | $6,457 | $77,480 |
| Part-Time (24 hrs) | $894.00 | $3,874 | $46,488 |
| Per Diem (16 hrs) | $596.00 | $2,583 | $30,992 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Lawrence) | $37.25 |
| 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 Lawrence, IN earn a median of $77,484 per year (2026 est.), which is 28.61% lower than the national median of $108,537 and 4.30% below the Indiana state average of $80,966.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $37.25/hr = $46,488/year (purchasing power: $50,918).
Working 40h/week (full-time) = $77,480/year (purchasing power: $84,863).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.15/hr
2025 BLS Actual
$36.06/hr
2026 Current Est.
$37.25/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Lawrence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.15/hr | Actual |
| 2020 | $30.66/hr | Actual |
| 2021 | $32.32/hr | Actual |
| 2022 | $32.74/hr | Actual |
| 2023 | $34.18/hr | Actual |
| 2024 | $36.95/hr | Actual |
| 2025 | $36.06/hr | Actual |
| 2026(current) | $37.25/hr | Estimated |
| 2027 | $38.48/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Lawrence grew 19.6% from $30.15/hr (2019) to $36.06/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $38.48/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 Lawrence 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 Lawrence
Considering the earning potential, a part-time financial advisor working 24 hours per week could expect to take home around $46,683 annually, which contrasts with a full-time advisor earning potentially upwards of $77,484. For those considering per-diem work, which is less common at junior levels, experienced financial advisors might charge clients between $3,000 to $15,000 for comprehensive plans. The landscape of compensation varies widely based on employer types; wirehouses typically offer lower hourly rates compared to independent firms which may provide higher hourly compensation due to their fee-only fiduciary model. Some advisors accept lower hourly rates in exchange for benefits like health insurance, making negotiation for rates a significant aspect of a financial advisor's career in Lawrence. Understanding the compensation packages in different environments can provide valuable insights for both new and seasoned advisors looking to enhance their income.
More salary data for Lawrence, IN:
Frequently Asked Questions
What is the hourly rate for financial advisors in Lawrence in 2026?
How much do part-time financial advisors make in Lawrence?
Are financial advisors in Lawrence paid hourly or salary?
How much does a full-time financial advisor make per year in Lawrence?
Do financial advisors earn more per hour working part-time in Lawrence?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Indiana
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 Lawrence. 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 Lawrence 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