Financial Advisor Hourly Pay in Oakland, CA: $81.58 (2026)
Quick Answer:Hourly pay for a financial advisor working in Oakland, CA runs $81.58 at the median for 2026 — annualizing to $169,686 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Oakland's regional price level (BEA RPP 113.1, 13% above national), each hour of work buys what $72.13 nationally would. A 24-hour part-time schedule grosses $101,807 per year.
Based on BLS state-level estimates · View source
In Oakland, California, financial advisors can expect a competitive hourly rate of $81.58, significantly outpacing the national median of $52.18. This higher pay reflects the city's elevated cost of living and demand for comprehensive financial services. Such an hourly wage is particularly beneficial for part-time advisors working approximately three days a week. This model allows them to effectively balance work with other commitments while earning a substantial income. The hourly rate serves a wide range of professionals in various settings, including wirehouse branch offices, RIA conference rooms, and client home visits. Entry-level financial advisors may earn as low as $47.31 per hour, while top earners can reach hourly rates of $126.45. These hourly estimates derive from annual salary data, emphasizing the significant earning potential available even on a flexible schedule.
About the Oakland Market
Salary estimated from California average ($140,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $47.31 | $378.49 |
| Lower Range (P25) | $58.74 | $469.89 |
| Median (P50) | $81.58 | $652.61 |
| Upper Range (P75) | $104.43 | $835.41 |
| Top Earners (P90) | $126.45 | $1011.60 |
Estimated Annual Income by Work Schedule in Oakland
Based on $81.58/hr median hourly rate · 2026 est.
At $81.58/hr, a financial advisor working full-time (40 hr/wk) in Oakland, CA can expect to earn approximately $169,678 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $97,891. With a cost-of-living index of 113.10 (above the national average), these earnings may be offset by higher expenses in Oakland.
Hourly Rate Calculator
Schedule Comparison in Oakland
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $3,263.04 | $14,140 | $169,678 |
| Part-Time (24 hrs) | $1,957.82 | $8,484 | $101,807 |
| Per Diem (16 hrs) | $1,305.22 | $5,656 | $67,871 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Oakland) | $81.58 |
| 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 Oakland, CA earn a median of $169,686 per year (2026 est.), which is 56.34% higher than the national median of $108,537 and 47.20% above the California state average of $115,276.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $81.58/hr = $101,807/year (purchasing power: $90,015).
Working 40h/week (full-time) = $169,678/year (purchasing power: $150,025).
CoL index: 113.1 (100 = national average).
2019 BLS Actual
$66.03/hr
2025 BLS Actual
$78.97/hr
2026 Current Est.
$81.58/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Oakland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $66.03/hr | Actual |
| 2020 | $67.14/hr | Actual |
| 2021 | $70.78/hr | Actual |
| 2022 | $71.69/hr | Actual |
| 2023 | $74.84/hr | Actual |
| 2024 | $81.75/hr | Actual |
| 2025 | $78.97/hr | Actual |
| 2026(current) | $81.58/hr | Estimated |
| 2027 | $84.27/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Oakland grew 19.6% from $66.03/hr (2019) to $78.97/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $84.27/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 Oakland 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 Oakland
Part-time financial advisors in Oakland who work about 24 hours per week can take home around $101,081 annually, a respectable sum that highlights the profession's lucrative nature. For those considering per-diem financial advisor pay in Oakland, freelance opportunities typically arise for seasoned professionals, as junior advisors typically secure full-time roles before considering independent contracts. Experienced fiduciaries can charge between $3,000 and $15,000 for a comprehensive project-based financial plan, or provide annual retainer services for local businesses that range from $5,000 to $25,000. Furthermore, the hourly compensation can vary widely across employer types—from wirehouses like Wells Fargo Advisors to independent broker-dealers like LPL and even small RIA firms. Many financial advisors must weigh the benefits of working in larger firms that offer health insurance and additional perks against potentially higher hourly rates in independent practices without such benefits. When negotiating hourly rates, advisors should consider not just their skill and experience but also the specific client or employer context in Oakland, reflecting local market trends and client needs.
More salary data for Oakland, CA:
Frequently Asked Questions
What is the hourly rate for financial advisors in Oakland in 2026?
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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 Oakland. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Oakland 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