Financial Advisor Hourly Pay in Dothan, AL: $59.81 (2026)
Quick Answer:Hourly pay for a financial advisor working in Dothan, AL runs $59.81 at the median for 2026 — annualizing to $124,404 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Dothan's regional price level (BEA RPP 83.8, 16% below national), each hour of work buys what $71.35 nationally would. A 24-hour part-time schedule grosses $74,644 per year.
Official BLS data · View source
In Dothan, Alabama, financial advisors can expect to earn a median hourly rate of $59.81, significantly higher than the national average of $52.18. This competitive pay reflects not just experience but also the ability to work flexibly across various settings, from wirehouse branch offices and insurance agencies to private client meetings or virtual consultations. For those in part-time roles, such as working three days a week, this hourly rate means they can still achieve substantial income, while entry-level positions may start at $21.69 per hour. On the other end of the spectrum, highly experienced advisors can command up to $211.84 per hour, illustrating a lucrative potential for growth in this profession based on career trajectory and specialization. This data is based on 2025 BLS OEWS data, projected to 2026.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $21.69 | $173.54 |
| Lower Range (P25) | $35.72 | $285.77 |
| Median (P50) | $59.81 | $478.49 |
| Upper Range (P75) | $112.99 | $903.92 |
| Top Earners (P90) | $211.84 | $1694.70 |
Estimated Annual Income by Work Schedule in Dothan
Based on $59.81/hr median hourly rate · 2026 est.
At $59.81/hr, a financial advisor working full-time (40 hr/wk) in Dothan, AL can expect to earn approximately $124,406 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $71,773. With a cost-of-living index of 83.83 (below the national average), these earnings stretch further in Dothan.
Hourly Rate Calculator
Schedule Comparison in Dothan
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,392.43 | $10,367 | $124,406 |
| Part-Time (24 hrs) | $1,435.46 | $6,220 | $74,644 |
| Per Diem (16 hrs) | $956.97 | $4,147 | $49,763 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Dothan) | $59.81 |
| 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 Dothan, AL earn a median of $124,404 per year (2026 est.), which is 14.62% higher than the national median of $108,537 and 55.90% above the Alabama state average of $79,797.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $59.81/hr = $74,644/year (purchasing power: $89,039).
Working 40h/week (full-time) = $124,406/year (purchasing power: $148,398).
CoL index: 83.833 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$54.23/hr
2025 BLS Actual
$57.90/hr
2026 Current Est.
$59.81/hr
2019–2027 Growth
+13.9%
Hourly Rate Trajectory for Financial Advisors in Dothan (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $54.23/hr | Actual |
| 2020 | $38.21/hr | Actual |
| 2021 | $44.89/hr | Actual |
| 2022 | $31.15/hr | Actual |
| 2023 | $54.87/hr | Actual |
| 2024 | $45.59/hr | Actual |
| 2025 | $57.90/hr | Actual |
| 2026(current) | $59.81/hr | Estimated |
| 2027 | $61.78/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Dothan grew 6.8% from $54.23/hr (2019) to $57.90/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $61.78/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 Dothan 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 Dothan
Looking at the financial advisory landscape, part-time advisors in Dothan earning as a per diem financial advisor can take home a noteworthy income even without a typical full-time commitment. For instance, working 24 hours a week could yield an annual income that rivals those in full-time positions. Often, project-based consultants can charge between $3,000 to $15,000 for financial plans, while retirement consulting for small businesses might see retainers ranging from $5,000 to $25,000 annually. The variation in hourly rates is also shaped by the type of employer; wirehouses like Morgan Stanley and independent broker-dealers may offer distinct pay scales compared to RIAs or smaller firms. While some advisors may opt for lower hourly rates with better benefits, others might prioritize higher pay at the cost of health insurance or retirement plans. For candidates looking to negotiate their financial advisor hourly pay in Dothan, understanding the nuances of each employer type, the overall compensation structure, and aligning their skills with market demands can provide a strategic advantage in the hiring process.
More salary data for Dothan, AL:
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
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 Dothan. 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, 6-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