Financial Advisor Salary in Raymore, MO: $71,631 (2026)
Quick Answer:A full-time financial advisor in Raymore, MO earns a median $71,631/year (≈ $34.44/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Raymore's price level (10% below national, BEA RPP 89.6), that paycheck buys what $79,945 would nationally. Nominal pay sits 7.4% below the Missouri state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Raymore, Missouri, are projected to earn a median annual salary of $71,631, significantly below the national median of $108,537. The salary range highlights the potential for income variability, with entry-level positions starting around $41,546 and more experienced advisors making as much as $111,029. These estimates derive from 2025 BLS data, reflecting local economic conditions and adjustments pertinent to Raymore’s cost of living. As financial advisory firms face an evolving marketplace, the opportunity for entrepreneurs to transition towards independent firms could reshape long-term compensation structures, presenting a unique dynamic for advisors in the area.
About the Raymore Market
Salary estimated from Missouri average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $41,546 | $19.98 |
| Lower Range (P25) | $51,575 | $24.79 |
| Median (P50)(typical) | $71,631 | $34.44 |
| Upper Range (P75) | $91,688 | $44.08 |
| Top Earners (P90) | $111,029 | $53.38 |
Median Salary Position
34% below the national average
2026 Salary Percentile Distribution in Raymore
In Raymore, MO, the financial advisor salary spread from the 10th to 90th percentile is $69,483 (2026 est.). At $71,631, the local median is 34% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Raymore: You'd be in the lower-middle range
How Raymore Financial Advisor Pay Compares
Raymore median: $71,631/year (2026)
| Compared To | Median Salary | Raymore Pays |
|---|---|---|
| Missouri Average | $77,356 | -7.40% less |
| National Average | $108,537 | -34.00% less |
Financial Advisors in Raymore, MO earn a median of $71,631 per year (2026 est.), which is 34.00% lower than the national median of $108,537 and 7.40% below the Missouri state average of $77,356.
Cost-of-Living Adjusted Salary
Raymore 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.
Raymore, MO has a cost-of-living index of 89.6 (below the national average of 100). A financial advisor earning $71,631 nominally has purchasing power equivalent to $79,945 in an average-cost city — an effective 11.61% boost.
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2019 BLS Actual
$57,978
2025 BLS Actual
$69,343
2026 Current Est.
$71,631
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Raymore (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $57,978 | Actual |
| 2020 | $58,955 | Actual |
| 2021 | $62,149 | Actual |
| 2022 | $62,954 | Actual |
| 2023 | $65,720 | Actual |
| 2024 | $76,311 | Actual |
| 2025 | $69,343 | Actual |
| 2026(current) | $71,631 | Estimated |
| 2027 | $73,995 | Projected |
Based on 7 years of BLS OEWS data for the Raymore metropolitan area, the median financial advisor salary grew 19.6% from $57,978 (2019) to $69,343 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $73,995 by 2027 — a total increase of $16,017 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Raymore 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) | $41,546 – $51,575 |
| 3-5 years (Mid Career) | $51,575 – $71,631 |
| 5+ years (Experienced) | $71,631 – $91,688 |
| 10+ years (Top Earner) | $91,688 – $111,029 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Raymore
The job market in Raymore comprises only six financial advisors, signaling a concentrated yet potentially competitive environment. With a cost-of-living index of 89.6, advisors' take-home pay may stretch further than in higher-cost regions, but it also puts pressure on salaries to remain competitive among various employer classes. Among the highest-paying opportunities are well-established wirehouses and independent broker-dealers, along with Registered Investment Advisors (RIAs), although the methods of compensation differ significantly—typically commission-based for wirehouses versus fee-based for RIAs. Factors influencing earnings include the assets under management (AUM) and the complexity of fee structures, where advisors with certifications like CFP can command premium pay. Successfully navigating the salary landscape in Raymore will likely require adapting to the changing industry dynamics and capitalizing on relationships with high-net-worth clients who value holistic financial guidance.
More salary data for Raymore, 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 $69,343 for financial advisorsin the Raymore 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 Raymore 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