Financial Advisor Hourly Pay in Milwaukee, WI: $62.48 (2026)
Quick Answer:Hourly pay for a financial advisor working in Milwaukee, WI runs $62.48 at the median for 2026 — annualizing to $129,962 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Milwaukee's regional price level (BEA RPP 96.9, 3% below national), each hour of work buys what $64.45 nationally would. A 24-hour part-time schedule grosses $77,970 per year.
Official BLS data · View source
In Milwaukee, Wisconsin, financial advisors enjoy a median hourly pay of $62.48, significantly surpassing the national median of $52.18. This robust rate presents a lucrative opportunity for both part-time and per diem workers in various professional settings, including wirehouse branch offices and remote planning meetings. Entry-level roles start at approximately $32.19 per hour, while experienced professionals can command rates as high as $193.82. With the financial landscape constantly evolving, these rates reflect the diverse compensation structures based on the advisor's experience, client base, and niche specialties in the city. According to projections based on 2025 BLS OEWS data, this hourly earnings figure paints a promising picture for financial advisors in the Milwaukee area.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $32.19 | $257.51 |
| Lower Range (P25) | $48.43 | $387.42 |
| Median (P50) | $62.48 | $499.81 |
| Upper Range (P75) | $102.62 | $820.95 |
| Top Earners (P90) | $193.82 | $1550.57 |
Estimated Annual Income by Work Schedule in Milwaukee
Based on $62.48/hr median hourly rate · 2026 est.
At $62.48/hr, a financial advisor working full-time (40 hr/wk) in Milwaukee, WI can expect to earn approximately $129,950 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,971. With a cost-of-living index of 96.94 (below the national average), these earnings stretch further in Milwaukee.
Hourly Rate Calculator
Schedule Comparison in Milwaukee
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,499.03 | $10,829 | $129,950 |
| Part-Time (24 hrs) | $1,499.42 | $6,497 | $77,970 |
| Per Diem (16 hrs) | $999.61 | $4,332 | $51,980 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Milwaukee) | $62.48 |
| 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 Milwaukee, WI earn a median of $129,962 per year (2026 est.), which is 19.74% higher than the national median of $108,537 and 7.50% above the Wisconsin state average of $120,895.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $62.48/hr = $77,970/year (purchasing power: $80,434).
Working 40h/week (full-time) = $129,950/year (purchasing power: $134,056).
CoL index: 96.937 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.41/hr
2025 BLS Actual
$60.48/hr
2026 Current Est.
$62.48/hr
2019–2027 Growth
+48.7%
Hourly Rate Trajectory for Financial Advisors in Milwaukee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.41/hr | Actual |
| 2020 | $44.96/hr | Actual |
| 2021 | $48.40/hr | Actual |
| 2022 | $49.64/hr | Actual |
| 2023 | $51.08/hr | Actual |
| 2024 | $58.28/hr | Actual |
| 2025 | $60.48/hr | Actual |
| 2026(current) | $62.48/hr | Estimated |
| 2027 | $64.54/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Milwaukee grew 39.3% from $43.41/hr (2019) to $60.48/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $64.54/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 Milwaukee 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 Milwaukee
For those considering part-time work, a financial advisor working three days per week for a total of 24 hours can expect to take home around $77,792 annually, which is quite favorable. Many advisors occasionally engage in per-diem work, though this is generally more common among senior professionals, given the unique project-based nature of financial services consulting. Rates for comprehensive project-based plans can range from $3,000 to $15,000, while small business retirement consulting can see retainers between $5,000 and $25,000. Hourly earnings can fluctuate based on employer type—those at large wirehouses, like Morgan Stanley or Merrill Lynch, may earn differently than independent RIAs or insurance-affiliated firms. Advisors might opt for a lower hourly rate with benefits such as health insurance, while others may prefer to chase higher rates in solo practices. Negotiation tactics become critical, particularly in a job market where the efficiency of communication and customer relations can greatly influence earning potential.
More salary data for Milwaukee, WI:
Frequently Asked Questions
What is the hourly rate for financial advisors in Milwaukee in 2026?
How much do part-time financial advisors make in Milwaukee?
Are financial advisors in Milwaukee paid hourly or salary?
How much does a full-time financial advisor make per year in Milwaukee?
Do financial advisors earn more per hour working part-time in Milwaukee?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Wisconsin
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 Milwaukee. 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