Financial Advisor Hourly Pay in Hammond, IN: $37.88 (2026)
Quick Answer:Hourly pay for a financial advisor working in Hammond, IN runs $37.88 at the median for 2026 — annualizing to $78,781 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Hammond's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $41.49 nationally would. A 24-hour part-time schedule grosses $47,274 per year.
Based on BLS state-level estimates · View source
In Hammond, Indiana, the financial advisor hourly pay stands at a median of $37.88, which is significantly lower than the national hourly median of $52.18. This disparity reflects the local market conditions and cost of living in the area, which sits below the national average. Financial advisors in positions such as wirehouse branch offices, client home visits, and virtual planning meetings often experience this wage rate. The hourly range for financial advisors in Hammond varies widely, from $21.97 for entry-level positions to $58.71 for top earners, demonstrating the potential for advancement within the profession. For those seeking flexible hours, such as part-time work three days a week, or per-diem roles in various settings, the hourly model offers a viable option for many professionals in this field.
About the Hammond Market
Salary estimated from Indiana average ($88,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $21.97 | $175.78 |
| Lower Range (P25) | $27.27 | $218.17 |
| Median (P50) | $37.88 | $303.04 |
| Upper Range (P75) | $48.48 | $387.83 |
| Top Earners (P90) | $58.71 | $469.64 |
Estimated Annual Income by Work Schedule in Hammond
Based on $37.88/hr median hourly rate · 2026 est.
At $37.88/hr, a financial advisor working full-time (40 hr/wk) in Hammond, IN can expect to earn approximately $78,791 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $45,456. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Hammond.
Hourly Rate Calculator
Schedule Comparison in Hammond
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,515.20 | $6,566 | $78,791 |
| Part-Time (24 hrs) | $909.12 | $3,940 | $47,274 |
| Per Diem (16 hrs) | $606.08 | $2,626 | $31,516 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Hammond) | $37.88 |
| 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 Hammond, IN earn a median of $78,781 per year (2026 est.), which is 27.42% lower than the national median of $108,537 and 2.70% below the Indiana state average of $80,967.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $37.88/hr = $47,274/year (purchasing power: $51,779).
Working 40h/week (full-time) = $78,791/year (purchasing power: $86,299).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.66/hr
2025 BLS Actual
$36.67/hr
2026 Current Est.
$37.88/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Hammond (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.66/hr | Actual |
| 2020 | $31.18/hr | Actual |
| 2021 | $32.87/hr | Actual |
| 2022 | $33.29/hr | Actual |
| 2023 | $34.75/hr | Actual |
| 2024 | $37.57/hr | Actual |
| 2025 | $36.67/hr | Actual |
| 2026(current) | $37.88/hr | Estimated |
| 2027 | $39.13/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Hammond grew 19.6% from $30.66/hr (2019) to $36.67/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $39.13/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 Hammond 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 Hammond
For a financial advisor working part-time in Hammond, a schedule of three days a week at 24 hours could yield an annual income of approximately $44,126, significantly less than what full-time professionals might earn. Per-diem financial advisor pay in Hammond can vary greatly, particularly for experienced fiduciaries offering specialized services. Project-based financial plans can command fees ranging from $3,000 to $15,000, while consulting services for small businesses may secure retainers from $5,000 to $25,000 annually. Different employer types, including wirehouses like Morgan Stanley and independent broker-dealers such as LPL, offer varying pay structures that affect hourly rates. For advisors seeking employment, accepting a lower hourly rate for agencies or firms may come with reliable benefits such as health insurance, while independent advisors may earn more but without traditional benefits. Negotiating hourly pay effectively involves understanding the specifics of each employer's compensation package and articulating value as a planner within the current bifurcation between fee-only and commission-based models.
More salary data for Hammond, IN:
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 Hammond. 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 Hammond 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