Financial Advisor Hourly Pay in Sioux Falls, SD: $60.27 (2026)
Quick Answer:Hourly pay for a financial advisor working in Sioux Falls, SD runs $60.27 at the median for 2026 — annualizing to $125,355 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Sioux Falls's regional price level (BEA RPP 90.6, 9% below national), each hour of work buys what $66.50 nationally would. A 24-hour part-time schedule grosses $75,211 per year.
Official BLS data · View source
Financial advisors in Sioux Falls, SD, earn a median hourly pay of $60.27, which surpasses the national hourly median of $52.18 by a noteworthy margin. This differential indicates the attractiveness of opportunities in the regional market, particularly for those working part-time or on a per-diem basis. Advisors can offer services in various typical settings such as wirehouse branch offices or client home visits, catering to a diverse clientele that ranges from high-net-worth individuals to small businesses. With an hourly pay scale ranging from $32.25 for entry-level positions to $87.53 for top earners, the potential for growth in this profession is substantial. These figures are derived from official Bureau of Labor Statistics (BLS) data and reflect the evolving financial landscape in Sioux Falls.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.25 | $258.00 |
| Lower Range (P25) | $41.30 | $330.39 |
| Median (P50) | $60.27 | $482.12 |
| Upper Range (P75) | $73.91 | $591.29 |
| Top Earners (P90) | $87.53 | $700.21 |
Estimated Annual Income by Work Schedule in Sioux Falls
Based on $60.27/hr median hourly rate · 2026 est.
At $60.27/hr, a financial advisor working full-time (40 hr/wk) in Sioux Falls, SD can expect to earn approximately $125,352 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $72,318. With a cost-of-living index of 90.63 (below the national average), these earnings stretch further in Sioux Falls.
Hourly Rate Calculator
Schedule Comparison in Sioux Falls
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,410.61 | $10,446 | $125,352 |
| Part-Time (24 hrs) | $1,446.37 | $6,268 | $75,211 |
| Per Diem (16 hrs) | $964.24 | $4,178 | $50,141 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Sioux Falls) | $60.27 |
| 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 Sioux Falls, SD earn a median of $125,355 per year (2026 est.), which is 15.50% higher than the national median of $108,537 and 24.50% above the South Dakota state average of $100,686.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $60.27/hr = $75,211/year (purchasing power: $82,986).
Working 40h/week (full-time) = $125,352/year (purchasing power: $138,310).
CoL index: 90.631 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$32.05/hr
2025 BLS Actual
$58.34/hr
2026 Current Est.
$60.27/hr
2019–2027 Growth
+94.2%
Hourly Rate Trajectory for Financial Advisors in Sioux Falls (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $32.05/hr | Actual |
| 2020 | $29.72/hr | Actual |
| 2021 | $61.13/hr | Actual |
| 2022 | $60.55/hr | Actual |
| 2023 | $50.31/hr | Actual |
| 2024 | $57.97/hr | Actual |
| 2025 | $58.34/hr | Actual |
| 2026(current) | $60.27/hr | Estimated |
| 2027 | $62.25/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Sioux Falls grew 82.0% from $32.05/hr (2019) to $58.34/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $62.25/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 Sioux Falls 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 Sioux Falls
Attractive earning potential for part-time financial advisors illustrates the unique dynamics of the field. A financial advisor working three days a week for 24 hours could earn a substantial income, translating to a competitive compensation structure when compared to full-time positions in other industries. Per diem financial advisor pay in Sioux Falls can be found in the fee-for-service model, where accomplished advisors charge significant fees for project-based financial planning, typically ranging from $3,000 to $15,000 for comprehensive plans, while retirement plan consulting clients often incur annual retainers of $5,000 to $25,000. Hourly rates can differ based on the type of employer—whether wirehouses, independent broker-dealers, or RIAs—creating a nuanced employment landscape. Some advisors might accept lower hourly rates at wirehouses in exchange for health benefits, whereas others prefer higher hourly pay from independent firms with fewer perks. For those negotiating their financial advisor hourly rate in SD, it’s beneficial to understand market trends and be clear about the value offerings specific to the Sioux Falls market.
More salary data for Sioux Falls, SD:
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 Sioux Falls. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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