Financial Advisor Hourly Pay in Norwich, CT: $61.83 (2026)
Quick Answer:Hourly pay for a financial advisor working in Norwich, CT runs $61.83 at the median for 2026 — annualizing to $128,598 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Norwich's regional price level (BEA RPP 100.4, 0% above national), each hour of work buys what $61.55 nationally would. A 24-hour part-time schedule grosses $77,158 per year.
Official BLS data · View source
Financial advisors in Norwich, CT, are projected to earn a median hourly rate of $61.83 in 2026, significantly higher than the national median of $52.18. This robust hourly pay reflects the city's unique economic landscape and the demand for skilled financial planning services. For professionals working part-time, such as those committing to three days a week, this translates into a comfortable income, with potential earnings reaching approximately $71,200 annually based on a typical schedule. The hourly range for financial advisors in Norwich varies widely, starting from $28.78 for entry-level positions and going up to $178.95 for highly experienced advisors. This broad spectrum accommodates various work settings, including wirehouse branch offices, independent advisory firms, and client meetings, whether in-person or remote. The data cited here is drawn from 2025 BLS OEWS data, projected to 2026, giving it a strong empirical foundation.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.78 | $230.24 |
| Lower Range (P25) | $38.02 | $304.20 |
| Median (P50) | $61.83 | $494.60 |
| Upper Range (P75) | $79.72 | $637.73 |
| Top Earners (P90) | $178.95 | $1431.57 |
Estimated Annual Income by Work Schedule in Norwich
Based on $61.83/hr median hourly rate · 2026 est.
At $61.83/hr, a financial advisor working full-time (40 hr/wk) in Norwich, CT can expect to earn approximately $128,596 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,190. With a cost-of-living index of 100.44 (above the national average), these earnings may be offset by higher expenses in Norwich.
Hourly Rate Calculator
Schedule Comparison in Norwich
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,473.00 | $10,716 | $128,596 |
| Part-Time (24 hrs) | $1,483.80 | $6,430 | $77,158 |
| Per Diem (16 hrs) | $989.20 | $4,287 | $51,438 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Norwich) | $61.83 |
| 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 Norwich, CT earn a median of $128,598 per year (2026 est.), which is 18.48% higher than the national median of $108,537 and 0.70% above the Connecticut state average of $127,704.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $61.83/hr = $77,158/year (purchasing power: $76,816).
Working 40h/week (full-time) = $128,596/year (purchasing power: $128,026).
CoL index: 100.445 (100 = national average).
2019 BLS Actual
$50.04/hr
2025 BLS Actual
$59.85/hr
2026 Current Est.
$61.83/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Norwich (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $50.04/hr | Actual |
| 2020 | $55.20/hr | Actual |
| 2021 | $38.29/hr | Actual |
| 2022 | $41.90/hr | Actual |
| 2023 | $40.03/hr | Actual |
| 2024 | $37.58/hr | Actual |
| 2025 | $59.85/hr | Actual |
| 2026(current) | $61.83/hr | Estimated |
| 2027 | $63.87/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Norwich grew 19.6% from $50.04/hr (2019) to $59.85/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $63.87/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 Norwich 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 Norwich
Considering the earning dynamics for financial advisors in Norwich, part-time professionals seeking a flexible workload must navigate potential income disparities. A financial advisor working a 24-hour week can expect to take home around $71,200 per year, compared to a full-time counterpart's total compensation, which can notably increase when factoring in clients served and commission structures. Freelance or per-diem financial advisors often prefer project-based work, charging between $3,000 and $15,000 for comprehensive plans. At the level of retirement plan consulting, fees for small businesses can range from $5,000 to $25,000 annually. Hourly rates may also differ by employer type; wirehouses typically offer more stability but can pay lower hourly rates compared to independent RIAs, who may charge higher fees without providing benefits. Advisors must weigh these trade-offs when negotiating their compensation, especially in a city like Norwich, where the cost of living is slightly above average. For those eyeing per diem financial advisor pay in Norwich, being armed with knowledge about local market rates and benefit structures can improve negotiation outcomes significantly.
More salary data for Norwich, CT:
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 Norwich. 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