Financial Advisor Salary in Odessa, TX: $85,740 (2026)
Quick Answer:A full-time financial advisor in Odessa, TX earns a median $85,740/year (≈ $41.22/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Odessa's price level (4% below national, BEA RPP 96.0), that paycheck buys what $89,313 would nationally. Nominal pay sits 1.1% below the Texas state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Odessa, Texas earn a median annual salary of $85,740, reflecting the growing shift towards fee-only fiduciary models in the industry. Their salaries range from $49,730 at the lower end (P10) to $132,898 for those at the higher echelons (P90). These figures are derived from BLS state-level data and adjusted for regional cost of living. When compared to the national median of $108,537 for financial advisor pay, Odessa's compensation is notably lower, standing at a significant -21.00% difference. With the concentration of certified financial planners (CFPs) and the ongoing trend of firms transitioning to a fiduciary approach, the local job market is adapting to the evolving demands of financial services.
About the Odessa Market
Salary estimated from Texas average ($112,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $49,730 | $23.90 |
| Lower Range (P25) | $61,733 | $29.68 |
| Median (P50)(typical) | $85,740 | $41.22 |
| Upper Range (P75) | $109,747 | $52.77 |
| Top Earners (P90) | $132,898 | $63.89 |
Median Salary Position
21% below the national average
2026 Salary Percentile Distribution in Odessa
In Odessa, TX, the financial advisor salary spread from the 10th to 90th percentile is $83,168 (2026 est.). At $85,740, the local median is 21% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Odessa: You'd be in the lower-middle range
How Odessa Financial Advisor Pay Compares
Odessa median: $85,740/year (2026)
| Compared To | Median Salary | Odessa Pays |
|---|---|---|
| Texas Average | $86,694 | -1.10% less |
| National Average | $108,537 | -21.00% less |
Financial Advisors in Odessa, TX earn a median of $85,740 per year (2026 est.), which is 21.00% lower than the national median of $108,537 and 1.10% below the Texas state average of $86,694.
Cost-of-Living Adjusted Salary
Odessa has a cost of living 4.00% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Odessa, TX has a cost-of-living index of 96 (below the national average of 100). A financial advisor earning $85,740 nominally has purchasing power equivalent to $89,313 in an average-cost city — an effective 4.17% boost.
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2019 BLS Actual
$69,398
2025 BLS Actual
$83,001
2026 Current Est.
$85,740
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Odessa (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $69,398 | Actual |
| 2020 | $70,567 | Actual |
| 2021 | $74,390 | Actual |
| 2022 | $80,600 | Actual |
| 2023 | $78,664 | Actual |
| 2024 | $106,349 | Actual |
| 2025 | $83,001 | Actual |
| 2026(current) | $85,740 | Estimated |
| 2027 | $88,569 | Projected |
Based on 7 years of BLS OEWS data for the Odessa metropolitan area, the median financial advisor salary grew 19.6% from $69,398 (2019) to $83,001 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $88,569 by 2027 — a total increase of $19,171 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Odessa 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) | $49,730 – $61,733 |
| 3-5 years (Mid Career) | $61,733 – $85,740 |
| 5+ years (Experienced) | $85,740 – $109,747 |
| 10+ years (Top Earner) | $109,747 – $132,898 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Odessa
As of 2026, Odessa's market employs 17 financial advisors, which offers opportunities within a relatively small community. The cost of living index in Odessa is 96, indicating that everyday expenses are below the national average, thereby enhancing the purchasing power of local salaries. Amongst employer types, wirehouses like Morgan Stanley and Merrill Lynch tend to offer the highest salaries, particularly for advisors managing larger AUM (assets under management). Factors driving the disparity in pay include client concentration, credential premiums such as those awarded by the CFP or CFA designations, and varying compensation models between commission-based structures at brokerages and fee-based models at independent RIAs. Advisors keen on maximizing their pay should consider building a strong client base, obtaining professional certifications, and exploring opportunities with fiduciary-led firms, as these elements are likely to enhance both compensation and client satisfaction in the Odessa TX market.
More salary data for Odessa, TX:
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 $83,001 for financial advisorsin the Odessa 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 Odessa 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