Financial Advisor Salary in Hammond, LA: $67,219 (2026)
Quick Answer:A full-time financial advisor in Hammond, LA earns a median $67,219/year (≈ $32.31/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Hammond's price level (10% below national, BEA RPP 90.3), that paycheck buys what $74,440 would nationally. Nominal pay sits 6.0% below the Louisiana state average.
Based on BLS state-level estimates · View source
In 2026, a financial advisor in Hammond, Louisiana, can expect to earn a median annual salary of $67,219. This figure falls within a salary range of $38,987 at the lower end (P10) to as high as $104,190 at the upper end (P90). These estimates, derived from state-level BLS data and adjusted for regional cost variations, reflect local economic conditions. Comparatively, the financial advisor salary in Hammond is notably lower than the national median of $108,537, illustrating how the job market dynamics differ in this area. Given the unique financial landscape of Hammond, aspiring advisors may find opportunities for growth as the demand for wealth management services evolves.
About the Hammond Market
Salary estimated from Louisiana average ($85,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $38,987 | $18.75 |
| Lower Range (P25) | $48,398 | $23.27 |
| Median (P50)(typical) | $67,219 | $32.31 |
| Upper Range (P75) | $86,041 | $41.36 |
| Top Earners (P90) | $104,190 | $50.09 |
Median Salary Position
38.07% below the national average
2026 Salary Percentile Distribution in Hammond
In Hammond, LA, the financial advisor salary spread from the 10th to 90th percentile is $65,203 (2026 est.). At $67,219, the local median is 38.07% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Hammond: You'd be in the lower-middle range
How Hammond Financial Advisor Pay Compares
Hammond median: $67,219/year (2026)
| Compared To | Median Salary | Hammond Pays |
|---|---|---|
| Louisiana Average | $71,510 | -6.00% less |
| National Average | $108,537 | -38.07% less |
Financial Advisors in Hammond, LA earn a median of $67,219 per year (2026 est.), which is 38.07% lower than the national median of $108,537 and 6.00% below the Louisiana state average of $71,510.
Cost-of-Living Adjusted Salary
Hammond has a cost of living 9.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Hammond, LA has a cost-of-living index of 90.3 (below the national average of 100). A financial advisor earning $67,219 nominally has purchasing power equivalent to $74,440 in an average-cost city — an effective 10.74% boost.
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2019 BLS Actual
$54,407
2025 BLS Actual
$65,072
2026 Current Est.
$67,219
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Hammond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $54,407 | Actual |
| 2020 | $55,324 | Actual |
| 2021 | $58,321 | Actual |
| 2022 | $59,077 | Actual |
| 2023 | $61,672 | Actual |
| 2024 | $72,124 | Actual |
| 2025 | $65,072 | Actual |
| 2026(current) | $67,219 | Estimated |
| 2027 | $69,438 | Projected |
Based on 7 years of BLS OEWS data for the Hammond metropolitan area, the median financial advisor salary grew 19.6% from $54,407 (2019) to $65,072 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $69,438 by 2027 — a total increase of $15,031 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Hammond 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $38,987 – $48,398 |
| 3-5 years (Mid Career) | $48,398 – $67,219 |
| 5+ years (Experienced) | $67,219 – $86,041 |
| 10+ years (Top Earner) | $86,041 – $104,190 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Hammond
While there are currently only four financial advisors employed in Hammond, the cost-of-living index stands at 90.3, below the national average. This can translate to slightly better purchasing power for local residents. Among employers, wirehouses like Morgan Stanley and Merrill Lynch offer competitive salaries but often rely on commission models that can spread the pay scale significantly. Meanwhile, independent broker-dealers and RIAs are emerging as strong alternatives, where pay can be influenced by factors such as assets under management, client concentration, and employee equity partnerships. Financial advisors should consider obtaining credentials like the CFP or CFA, which can lead to higher compensation, particularly in the fee-only landscape. To maximize financial advisor pay in Hammond, developing a robust client base and understanding the shifting dynamics between commission and fee-based models can be key strategies to adopt.
More salary data for Hammond, LA:
Frequently Asked Questions
How much do financial advisors make in Hammond, LA in 2026?
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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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $65,072 for financial advisorsin the Hammond metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Hammond 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