Financial Advisor Hourly Pay in Miami, FL: $62.41 (2026)
Quick Answer:Hourly pay for a financial advisor working in Miami, FL runs $62.41 at the median for 2026 — annualizing to $129,817 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Miami's regional price level (BEA RPP 114.2, 14% above national), each hour of work buys what $54.67 nationally would. A 24-hour part-time schedule grosses $77,892 per year.
Official BLS data · View source
In Miami, FL, the projected financial advisor hourly pay for 2026 stands at $62.41, significantly exceeding the national hourly median of $52.18. This robust hourly rate opens up appealing opportunities for both part-time financial advisors working three days a week and per-diem professionals seeking flexible engagements. Typically found in environments like wirehouse branch offices, independent RIA settings, and private banking suites, the hourly pay varies widely, with entry-level advisors earning around $24.67 and top earners making up to $212.14. This information is based on 2025 BLS OEWS data, projected to 2026, and reflects the diverse landscape of financial advising in Miami.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $24.67 | $197.34 |
| Lower Range (P25) | $37.18 | $297.42 |
| Median (P50) | $62.41 | $499.31 |
| Upper Range (P75) | $112.32 | $898.54 |
| Top Earners (P90) | $212.14 | $1697.10 |
Estimated Annual Income by Work Schedule in Miami
Based on $62.41/hr median hourly rate · 2026 est.
At $62.41/hr, a financial advisor working full-time (40 hr/wk) in Miami, FL can expect to earn approximately $129,821 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,897. With a cost-of-living index of 114.16 (above the national average), these earnings may be offset by higher expenses in Miami.
Hourly Rate Calculator
Schedule Comparison in Miami
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,496.55 | $10,818 | $129,821 |
| Part-Time (24 hrs) | $1,497.93 | $6,491 | $77,892 |
| Per Diem (16 hrs) | $998.62 | $4,327 | $51,928 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Miami) | $62.41 |
| 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 Miami, FL earn a median of $129,817 per year (2026 est.), which is 19.61% higher than the national median of $108,537 and 30.70% above the Florida state average of $99,324.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $62.41/hr = $77,892/year (purchasing power: $68,234).
Working 40h/week (full-time) = $129,821/year (purchasing power: $113,723).
CoL index: 114.155 (100 = national average).
2019 BLS Actual
$39.97/hr
2025 BLS Actual
$60.42/hr
2026 Current Est.
$62.41/hr
2019–2027 Growth
+61.3%
Hourly Rate Trajectory for Financial Advisors in Miami (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $39.97/hr | Actual |
| 2020 | $33.08/hr | Actual |
| 2021 | $37.71/hr | Actual |
| 2022 | $48.37/hr | Actual |
| 2023 | $48.95/hr | Actual |
| 2024 | $52.07/hr | Actual |
| 2025 | $60.42/hr | Actual |
| 2026(current) | $62.41/hr | Estimated |
| 2027 | $64.47/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Miami grew 51.2% from $39.97/hr (2019) to $60.42/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $64.47/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 Miami 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 Miami
Considering part-time financial advisors who work approximately 24 hours a week, they stand to earn a substantial income annually, but the figure will differ significantly compared to full-timers. Per-diem financial advisor pay in Miami can vary depending on the advisor's specialization; experienced professionals offering project-based financial planning typically charge between $3,000 and $15,000 per comprehensive plan. With employer types ranging from wirehouses like Morgan Stanley to independent broker-dealers and small RIA firms, hourly rates can fluctuate drastically. Advisors at larger firms may accept lower hourly rates due to benefits like health insurance, while those in smaller setups often command higher rates but might forgo such perks. Negotiating an hourly rate in Miami often requires demonstrating expertise, local market understanding, and an ability to cultivate client relationships, emphasizing the advisory firm's structure that aligns best with one’s own compensation philosophy.
More salary data for Miami, FL:
Frequently Asked Questions
What is the hourly rate for financial advisors in Miami 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 Miami. 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