Financial Advisor Hourly Pay in Indianapolis, IN: $50.98 (2026)
Quick Answer:Hourly pay for a financial advisor working in Indianapolis, IN runs $50.98 at the median for 2026 — annualizing to $106,027 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Indianapolis's regional price level (BEA RPP 95.7, 4% below national), each hour of work buys what $53.27 nationally would. A 24-hour part-time schedule grosses $63,621 per year.
Official BLS data · View source
In Indianapolis, the financial advisor hourly pay stands at a median of $50.98, which is slightly below the national hourly median of $52.18. This figure represents what advisors can expect to earn in a typical work setting such as wirehouse offices, RIA conference rooms, or client meetings, whether in person or through remote consultations. Entry-level advisors can expect to earn around $22.42 per hour, while top earners reach up to $211.66. This broad range indicates various employment types and experience levels within the market, allowing part-time advisors or those engaging in per diem work to find flexible arrangements that align with their financial aspirations and lifestyle.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.42 | $179.33 |
| Lower Range (P25) | $31.02 | $248.17 |
| Median (P50) | $50.98 | $407.83 |
| Upper Range (P75) | $84.58 | $676.66 |
| Top Earners (P90) | $211.66 | $1693.29 |
Estimated Annual Income by Work Schedule in Indianapolis
Based on $50.98/hr median hourly rate · 2026 est.
At $50.98/hr, a financial advisor working full-time (40 hr/wk) in Indianapolis, IN can expect to earn approximately $106,035 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $61,174. With a cost-of-living index of 95.70 (below the national average), these earnings stretch further in Indianapolis.
Hourly Rate Calculator
Schedule Comparison in Indianapolis
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,039.14 | $8,836 | $106,035 |
| Part-Time (24 hrs) | $1,223.49 | $5,302 | $63,621 |
| Per Diem (16 hrs) | $815.66 | $3,535 | $42,414 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Indianapolis) | $50.98 |
| 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 Indianapolis, IN earn a median of $106,027 per year (2026 est.), which is 2.31% lower than the national median of $108,537 and 30.90% above the Indiana state average of $80,999.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $50.98/hr = $63,621/year (purchasing power: $66,483).
Working 40h/week (full-time) = $106,035/year (purchasing power: $110,804).
CoL index: 95.696 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.81/hr
2025 BLS Actual
$49.35/hr
2026 Current Est.
$50.98/hr
2019–2027 Growth
+5.7%
Hourly Rate Trajectory for Financial Advisors in Indianapolis (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.81/hr | Actual |
| 2020 | $44.24/hr | Actual |
| 2021 | $39.45/hr | Actual |
| 2022 | $47.76/hr | Actual |
| 2023 | $59.43/hr | Actual |
| 2024 | $51.31/hr | Actual |
| 2025 | $49.35/hr | Actual |
| 2026(current) | $50.98/hr | Estimated |
| 2027 | $52.66/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Indianapolis grew -0.9% from $49.81/hr (2019) to $49.35/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $52.66/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 Indianapolis 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 Indianapolis
Focusing on part-time earnings, a financial advisor working three days a week for a total of 24 hours can expect to take home approximately $39,750 annually based on the median hourly pay. While per-diem opportunities are rare for entry-level advisors, more experienced professionals can command substantial fees for project-based financial plans, with costs varying from $3,000 to over $15,000 per plan. The compensation structure also differs based on employer types; wirehouses and banks may focus on providing benefits that attract advisors willing to trade higher hourly pay for job security and insurance. In contrast, independent firms typically offer more flexibility but may lack comprehensive benefits. Negotiating hourly rates can involve leveraging industry certifications like the CFP, emphasizing unique skills, and clearly articulating the value one brings to businesses that are undergoing the ongoing transition between commission-based and fee-only models in the financial advising industry.
More salary data for Indianapolis, IN:
Frequently Asked Questions
What is the hourly rate for financial advisors in Indianapolis 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 Indianapolis. 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