Financial Advisor Hourly Pay in Montgomery, AL: $42.65 (2026)
Quick Answer:Hourly pay for a financial advisor working in Montgomery, AL runs $42.65 at the median for 2026 — annualizing to $88,724 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Montgomery's regional price level (BEA RPP 89.7, 10% below national), each hour of work buys what $47.56 nationally would. A 24-hour part-time schedule grosses $53,230 per year.
Official BLS data · View source
In Montgomery, Alabama, the financial advisor hourly pay reaches a median of $42.65, which is notably lower than the national median of $52.18. This difference in compensation suggests that financial advisors in the region need to balance the costs and benefits associated with their work environments—often found in wirehouse branch offices, remote planning meetings, or client visits in homes and offices. For those working part-time, such as three days a week, the earning potential still remains viable, but will naturally differ from full-time incomes based on the 2026 hourly range of $20.53 at entry-level positions to an impressive $228.39 for top earners. Given the employment of approximately 180 financial advisors in the area, these hourly figures reflect a competitive, yet varying landscape within the profession.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $20.53 | $164.21 |
| Lower Range (P25) | $23.23 | $185.86 |
| Median (P50) | $42.65 | $341.22 |
| Upper Range (P75) | $107.33 | $858.63 |
| Top Earners (P90) | $228.39 | $1827.09 |
Estimated Annual Income by Work Schedule in Montgomery
Based on $42.65/hr median hourly rate · 2026 est.
At $42.65/hr, a financial advisor working full-time (40 hr/wk) in Montgomery, AL can expect to earn approximately $88,717 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $51,183. With a cost-of-living index of 89.68 (below the national average), these earnings stretch further in Montgomery.
Hourly Rate Calculator
Schedule Comparison in Montgomery
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,706.10 | $7,393 | $88,717 |
| Part-Time (24 hrs) | $1,023.66 | $4,436 | $53,230 |
| Per Diem (16 hrs) | $682.44 | $2,957 | $35,487 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Montgomery) | $42.65 |
| 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 Montgomery, AL earn a median of $88,724 per year (2026 est.), which is 18.25% lower than the national median of $108,537 and 11.20% above the Alabama state average of $79,788.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $42.65/hr = $53,230/year (purchasing power: $59,355).
Working 40h/week (full-time) = $88,717/year (purchasing power: $98,924).
CoL index: 89.682 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$58.52/hr
2025 BLS Actual
$41.29/hr
2026 Current Est.
$42.65/hr
2019–2027 Growth
+-24.7%
Hourly Rate Trajectory for Financial Advisors in Montgomery (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $58.52/hr | Actual |
| 2020 | $52.14/hr | Actual |
| 2021 | $47.66/hr | Actual |
| 2022 | $38.91/hr | Actual |
| 2023 | $40.64/hr | Actual |
| 2024 | $39.62/hr | Actual |
| 2025 | $41.29/hr | Actual |
| 2026(current) | $42.65/hr | Estimated |
| 2027 | $44.06/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Montgomery grew -29.4% from $58.52/hr (2019) to $41.29/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $44.06/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 Montgomery 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 Montgomery
The earning potential for part-time financial advisors can significantly change their annual revenue compared to full-time peers. Working a typical 24-hour week at the median hourly pay leads to a yearly income of around $53,000, showcasing a sustainable income for individuals looking to maintain flexibility in their career. Per diem financial advisor pay in Montgomery may not be as common at junior levels, but experienced advisors can command fees for project-based work. For comprehensive financial plans, these fiduciary professionals typically charge between $3,000 and $15,000, while retirement plan consulting retains clients for annual retainers ranging from $5,000 to $25,000. Hourly rates can also fluctuate significantly based on the employer type, with wirehouses offering structured roles that might come at a lower hourly wage in exchange for benefits like health insurance. For those negotiating their financial advisor hourly rate in Montgomery, it’s important to weigh the trade-offs of stability versus the potential for greater hourly pay, especially in the differing environments of RIAs versus traditional brokerages.
More salary data for Montgomery, 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 Montgomery. 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, 7-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