Financial Advisor Hourly Pay in Westerly, RI: $48.97 (2026)
Quick Answer:Hourly pay for a financial advisor working in Westerly, RI runs $48.97 at the median for 2026 — annualizing to $101,866 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Westerly's regional price level (BEA RPP 100.5, 1% above national), each hour of work buys what $48.73 nationally would. A 24-hour part-time schedule grosses $61,120 per year.
Based on BLS state-level estimates · View source
In Westerly, Rhode Island, the projected financial advisor hourly pay for 2026 stands at $48.97, which is slightly below the national median hourly rate of $52.18. This hourly rate reflects the earning potential for part-time advisors working three days a week, as well as per-diem financial planners in various work settings such as client meetings, insurance agencies, bank private banking suites, and remote consultations. Depending on experience and the specific employer—be it a wirehouse, independent brokerage, or a fee-only registered investment advisor—hourly rates can vary widely. The hourly range starts at approximately $28.41 for entry-level positions and can soar to around $75.92 for top-tier advisors with substantial expertise and a robust client portfolio.
About the Westerly Market
Salary estimated from Rhode Island average ($108,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.41 | $227.26 |
| Lower Range (P25) | $35.71 | $285.69 |
| Median (P50) | $48.97 | $391.80 |
| Upper Range (P75) | $62.68 | $501.46 |
| Top Earners (P90) | $75.92 | $607.32 |
Estimated Annual Income by Work Schedule in Westerly
Based on $48.97/hr median hourly rate · 2026 est.
At $48.97/hr, a financial advisor working full-time (40 hr/wk) in Westerly, RI can expect to earn approximately $101,867 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $58,769. With a cost-of-living index of 100.50 (above the national average), these earnings may be offset by higher expenses in Westerly.
Hourly Rate Calculator
Schedule Comparison in Westerly
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,958.98 | $8,489 | $101,867 |
| Part-Time (24 hrs) | $1,175.39 | $5,093 | $61,120 |
| Per Diem (16 hrs) | $783.59 | $3,396 | $40,747 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Westerly) | $48.97 |
| 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 Westerly, RI earn a median of $101,866 per year (2026 est.), which is 6.15% lower than the national median of $108,537 and 6.60% below the Rhode Island state average of $109,064.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $48.97/hr = $61,120/year (purchasing power: $60,816).
Working 40h/week (full-time) = $101,867/year (purchasing power: $101,360).
CoL index: 100.5 (100 = national average).
2019 BLS Actual
$39.64/hr
2025 BLS Actual
$47.41/hr
2026 Current Est.
$48.97/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Westerly (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $39.64/hr | Actual |
| 2020 | $40.31/hr | Actual |
| 2021 | $42.49/hr | Actual |
| 2022 | $43.04/hr | Actual |
| 2023 | $44.93/hr | Actual |
| 2024 | $48.73/hr | Actual |
| 2025 | $47.41/hr | Actual |
| 2026(current) | $48.97/hr | Estimated |
| 2027 | $50.59/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Westerly grew 19.6% from $39.64/hr (2019) to $47.41/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $50.59/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 Westerly 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 Westerly
For those considering part-time schedules, working as a financial advisor for three days a week (about 24 hours) could yield an annual income significantly different from full-time roles. While full-time advisors may see more stable earnings, part-time professionals must navigate the balance between hours worked and benefits attained. Per-diem roles, while generally more common in senior positions, may require experienced fiduciary advisors to establish their worth; project-based financial services can command fees ranging from $3,000 to $15,000 per plan. The type of firm can also affect hourly earnings in Westerly, with wirehouses typically offering more stability and benefits, yet potentially lower hourly pay compared to independent firms that may provide greater flexibility. Strategies for negotiating pay should consider local industry standards and the distinct advantages of each employer type, balancing the desire for higher hourly rates against the security of employment benefits.
More salary data for Westerly, RI:
Frequently Asked Questions
What is the hourly rate for financial advisors in Westerly in 2026?
How much do part-time financial advisors make in Westerly?
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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 Westerly. 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 Westerly 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