Financial Advisor Hourly Pay in Mentor, OH: $39.49 (2026)
Quick Answer:Hourly pay for a financial advisor working in Mentor, OH runs $39.49 at the median for 2026 — annualizing to $82,149 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Mentor's regional price level (BEA RPP 90.7, 9% below national), each hour of work buys what $43.54 nationally would. A 24-hour part-time schedule grosses $49,286 per year.
Based on BLS state-level estimates · View source
In Mentor, Ohio, the financial advisor hourly pay is estimated at $39.49 in 2026, which ultimately falls short of the national median hourly rate of $52.18. This discrepancy underscores varying compensation structures across the profession. For part-time financial advisors working three days a week, their compensation could yield roughly $27,000 annually, while per-diem workers in settings like wirehouse branch offices, independent broker-dealers, or client visitations may find financial advice roles that pay anywhere from $22.91 to $61.22 per hour, depending on experience and client demands. These hourly estimates reflect the entry-level to top tiers of the financial advisory landscape in Mentor, highlighting how location and type of employment influence earning potential.
About the Mentor Market
Salary estimated from Ohio average ($95,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.91 | $183.30 |
| Lower Range (P25) | $28.44 | $227.51 |
| Median (P50) | $39.49 | $315.93 |
| Upper Range (P75) | $50.56 | $404.44 |
| Top Earners (P90) | $61.22 | $489.72 |
Estimated Annual Income by Work Schedule in Mentor
Based on $39.49/hr median hourly rate · 2026 est.
At $39.49/hr, a financial advisor working full-time (40 hr/wk) in Mentor, OH can expect to earn approximately $82,143 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $47,390. With a cost-of-living index of 90.70 (below the national average), these earnings stretch further in Mentor.
Hourly Rate Calculator
Schedule Comparison in Mentor
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,579.66 | $6,845 | $82,143 |
| Part-Time (24 hrs) | $947.80 | $4,107 | $49,286 |
| Per Diem (16 hrs) | $631.87 | $2,738 | $32,857 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Mentor) | $39.49 |
| 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 Mentor, OH earn a median of $82,149 per year (2026 est.), which is 24.31% lower than the national median of $108,537 and 4.10% below the Ohio state average of $85,661.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.49/hr = $49,286/year (purchasing power: $54,339).
Working 40h/week (full-time) = $82,143/year (purchasing power: $90,565).
CoL index: 90.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$31.96/hr
2025 BLS Actual
$38.23/hr
2026 Current Est.
$39.49/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Mentor (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $31.96/hr | Actual |
| 2020 | $32.50/hr | Actual |
| 2021 | $34.26/hr | Actual |
| 2022 | $34.71/hr | Actual |
| 2023 | $36.23/hr | Actual |
| 2024 | $39.74/hr | Actual |
| 2025 | $38.23/hr | Actual |
| 2026(current) | $39.49/hr | Estimated |
| 2027 | $40.79/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Mentor grew 19.6% from $31.96/hr (2019) to $38.23/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $40.79/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 Mentor 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 Mentor
Considering the part-time opportunities, a financial advisor working 24 hours a week could bring home approximately $27,000 annually, in contrast to a full-time advisor who works a standard 40-hour week, generating nearly $82,149 per year. The per-diem model is unconventional for entry-level positions, as experienced fiduciaries usually command significant fees for project-based plans, with rates ranging from $3,000 to $15,000 per comprehensive plan. In Mentor, financial advisors across different employment types, such as RIAs and wirehouses, may experience diverse pay structures; while wirehouses often provide lower hourly rates in exchange for benefits, independent advisors or small firms may offer higher pay without these added perks. Advisors negotiating their hourly pay in Mentor should focus on the high value of credentials like the CFP to strengthen their bargaining position in this evolving marketplace, where flexibility and expertise can significantly impact earnings.
More salary data for Mentor, OH:
Frequently Asked Questions
What is the hourly rate for financial advisors in Mentor in 2026?
How much do part-time financial advisors make in Mentor?
Are financial advisors in Mentor paid hourly or salary?
How much does a full-time financial advisor make per year in Mentor?
Do financial advisors earn more per hour working part-time in Mentor?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Ohio
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 Mentor. 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 Mentor 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