Financial Advisor Salary in Lee's Summit, MO: $76,697 (2026)
Quick Answer:A full-time financial advisor in Lee's Summit, MO earns a median $76,697/year (≈ $36.88/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Lee's Summit's price level (10% below national, BEA RPP 89.6), that paycheck buys what $85,599 would nationally. Nominal pay sits 0.9% below the Missouri state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Lee's Summit, Missouri, are expected to earn a median annual salary of $76,697, which reflects a significant difference from the national median of $108,537—about 29.34% lower. The salary range for these professionals varies widely, with entry-level positions starting around $44,484 and top earners potentially making up to $118,881. These figures are informed by local estimates derived from 2025 BLS data and adjusted for the region's cost of living. The structural divide between commission-based wirehouses and fee-only registered investment advisors (RIAs) significantly influences this landscape, as the average advisor may find their earnings affected by asset management models and the fiduciary responsibility that RIAs may carry in contrast to traditional broker commissions.
About the Lee's Summit Market
Salary estimated from Missouri average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $44,484 | $21.38 |
| Lower Range (P25) | $55,222 | $26.55 |
| Median (P50)(typical) | $76,697 | $36.88 |
| Upper Range (P75) | $98,172 | $47.20 |
| Top Earners (P90) | $118,881 | $57.16 |
Median Salary Position
29.34% below the national average
2026 Salary Percentile Distribution in Lee's Summit
In Lee's Summit, MO, the financial advisor salary spread from the 10th to 90th percentile is $74,397 (2026 est.). At $76,697, the local median is 29.34% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Lee's Summit: You'd be in the lower-middle range
How Lee's Summit Financial Advisor Pay Compares
Lee's Summit median: $76,697/year (2026)
| Compared To | Median Salary | Lee's Summit Pays |
|---|---|---|
| Missouri Average | $77,394 | -0.90% less |
| National Average | $108,537 | -29.34% less |
Financial Advisors in Lee's Summit, MO earn a median of $76,697 per year (2026 est.), which is 29.34% lower than the national median of $108,537 and 0.90% below the Missouri state average of $77,394.
Cost-of-Living Adjusted Salary
Lee's Summit has a cost of living 10.40% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Lee's Summit, MO has a cost-of-living index of 89.6 (below the national average of 100). A financial advisor earning $76,697 nominally has purchasing power equivalent to $85,599 in an average-cost city — an effective 11.61% boost.
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2019 BLS Actual
$62,079
2025 BLS Actual
$74,247
2026 Current Est.
$76,697
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Lee's Summit (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,079 | Actual |
| 2020 | $63,124 | Actual |
| 2021 | $66,545 | Actual |
| 2022 | $67,407 | Actual |
| 2023 | $70,368 | Actual |
| 2024 | $81,708 | Actual |
| 2025 | $74,247 | Actual |
| 2026(current) | $76,697 | Estimated |
| 2027 | $79,228 | Projected |
Based on 7 years of BLS OEWS data for the Lee's Summit metropolitan area, the median financial advisor salary grew 19.6% from $62,079 (2019) to $74,247 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $79,228 by 2027 — a total increase of $17,149 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Lee's Summit 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) | $44,484 – $55,222 |
| 3-5 years (Mid Career) | $55,222 – $76,697 |
| 5+ years (Experienced) | $76,697 – $98,172 |
| 10+ years (Top Earner) | $98,172 – $118,881 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Lee's Summit
The financial advisory market in Lee's Summit currently employs approximately 20 professionals, presenting a steady opportunity for growth, given the projected annual growth rate of 3.30% in this field. With a cost-of-living index of 89.6, the purchasing power in Lee's Summit can more favorably influence take-home earnings. Among the local employers, prestigious wirehouses like Morgan Stanley and Merrill Lynch typically offer the highest pay. However, independent broker-dealers and RIAs are becoming more prominent, often leading to higher earnings through lower fee structures and fiduciary commitments. Factors such as assets under management, client profiles, and professional credentials like the CFP or CFA can create pronounced discrepancies in compensation. For those in the area looking to maximize their earning potential, building a robust client base and potentially transitioning to an RIA model may yield lucrative results in this evolving job market.
More salary data for Lee's Summit, MO:
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
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 $74,247 for financial advisorsin the Lee's Summit 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 Lee's Summit 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