Financial Advisor Hourly Pay in Mishawaka, IN: $36.53 (2026)
Quick Answer:Hourly pay for a financial advisor working in Mishawaka, IN runs $36.53 at the median for 2026 — annualizing to $75,980 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Mishawaka's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $40.01 nationally would. A 24-hour part-time schedule grosses $45,586 per year.
Based on BLS state-level estimates · View source
In Mishawaka, Indiana, financial advisors can anticipate a median hourly pay of $36.53, which significantly lags behind the national median hourly rate of $52.18. This disparity may influence the structure of work for financial advisors in the area, particularly those pursuing part-time opportunities or per-diem positions. Advisors working part-time, such as three days a week, will find themselves navigating different environments—from traditional wirehouse offices to the more flexible settings of virtual planning rooms or client locations. The hourly pay ranges from $21.19 at the entry level to $56.62 for top-tier advisors, illustrating the variations based on experience and the nature of one's clientele.
About the Mishawaka 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) | $21.19 | $169.49 |
| Lower Range (P25) | $26.30 | $210.40 |
| Median (P50) | $36.53 | $292.22 |
| Upper Range (P75) | $46.75 | $374.03 |
| Top Earners (P90) | $56.62 | $452.95 |
Estimated Annual Income by Work Schedule in Mishawaka
Based on $36.53/hr median hourly rate · 2026 est.
At $36.53/hr, a financial advisor working full-time (40 hr/wk) in Mishawaka, IN can expect to earn approximately $75,976 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $43,832. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in Mishawaka.
Hourly Rate Calculator
Schedule Comparison in Mishawaka
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,461.08 | $6,331 | $75,976 |
| Part-Time (24 hrs) | $876.65 | $3,799 | $45,586 |
| Per Diem (16 hrs) | $584.43 | $2,533 | $30,390 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Mishawaka) | $36.53 |
| 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 Mishawaka, IN earn a median of $75,980 per year (2026 est.), which is 30.00% lower than the national median of $108,537 and 6.20% below the Indiana state average of $81,002.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $36.53/hr = $45,586/year (purchasing power: $49,929).
Working 40h/week (full-time) = $75,976/year (purchasing power: $83,216).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$29.56/hr
2025 BLS Actual
$35.36/hr
2026 Current Est.
$36.53/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Mishawaka (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $29.56/hr | Actual |
| 2020 | $30.06/hr | Actual |
| 2021 | $31.69/hr | Actual |
| 2022 | $32.10/hr | Actual |
| 2023 | $33.51/hr | Actual |
| 2024 | $37.75/hr | Actual |
| 2025 | $35.36/hr | Actual |
| 2026(current) | $36.53/hr | Estimated |
| 2027 | $37.73/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Mishawaka grew 19.6% from $29.56/hr (2019) to $35.36/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $37.73/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 Mishawaka 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 Mishawaka
Looking closer at the earning potential of a financial advisor working part-time, a typical schedule of 24 hours a week results in a substantial difference in annual take-home compared to a full-time role. For those exploring per-diem opportunities, the pay structure is rarely consistent at the junior level; however, seasoned fiduciary advisors can effectively charge clients between $3,000 and $15,000 for comprehensive financial plans. Furthermore, advisory services at small businesses often yield annual retainers ranging from $5,000 to $25,000. It's essential to recognize that hourly rates can vary widely depending on the employer type in Mishawaka, with wirehouses like Morgan Stanley offering different compensation structures than RIAs or independent broker-dealers. Some financial advisors may opt for lower hourly compensation in exchange for health benefits, while others might prioritize earning higher hourly rates without those additional perks. When negotiating rates in this market, understanding these nuances and the potential for project-based work may lead to more favorable outcomes for financial advisors seeking an advantageous hourly pay structure.
More salary data for Mishawaka, 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 Mishawaka. 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 Mishawaka 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