Financial Advisor Hourly Pay in West Lafayette, IN: $39.79 (2026)
Quick Answer:Hourly pay for a financial advisor working in West Lafayette, IN runs $39.79 at the median for 2026 — annualizing to $82,771 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against West Lafayette's regional price level (BEA RPP 91.3, 9% below national), each hour of work buys what $43.58 nationally would. A 24-hour part-time schedule grosses $49,659 per year.
Based on BLS state-level estimates · View source
In West Lafayette, Indiana, financial advisors earn a median hourly rate of $39.79, which is significantly lower than the national median of $52.18. For part-time financial advisors working approximately three days a week, this translates to flexible earning potential, allowing them to balance their work-life commitments while still earning a competitive wage. The hourly pay structure captures a range where entry-level positions may start at $23.08, while highly experienced professionals can earn up to $61.68 per hour. These rates reflect the variation in roles across different settings, from wirehouse branch offices and independent financial advisory firms to remote client consultations and meetings within high-net-worth clients’ homes. With multiple advisory settings available, the hourly pay provides insight into the demand for financial advice and the market's adaptive response.
About the West Lafayette 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) | $23.08 | $184.62 |
| Lower Range (P25) | $28.66 | $229.24 |
| Median (P50) | $39.79 | $318.33 |
| Upper Range (P75) | $50.94 | $407.50 |
| Top Earners (P90) | $61.68 | $493.44 |
Estimated Annual Income by Work Schedule in West Lafayette
Based on $39.79/hr median hourly rate · 2026 est.
At $39.79/hr, a financial advisor working full-time (40 hr/wk) in West Lafayette, IN can expect to earn approximately $82,766 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $47,749. With a cost-of-living index of 91.30 (below the national average), these earnings stretch further in West Lafayette.
Hourly Rate Calculator
Schedule Comparison in West Lafayette
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,591.65 | $6,897 | $82,766 |
| Part-Time (24 hrs) | $954.99 | $4,138 | $49,659 |
| Per Diem (16 hrs) | $636.66 | $2,759 | $33,106 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (West Lafayette) | $39.79 |
| 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 West Lafayette, IN earn a median of $82,771 per year (2026 est.), which is 23.74% lower than the national median of $108,537 and 2.20% above the Indiana state average of $80,989.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.79/hr = $49,659/year (purchasing power: $54,391).
Working 40h/week (full-time) = $82,766/year (purchasing power: $90,652).
CoL index: 91.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$32.21/hr
2025 BLS Actual
$38.52/hr
2026 Current Est.
$39.79/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in West Lafayette (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $32.21/hr | Actual |
| 2020 | $32.75/hr | Actual |
| 2021 | $34.52/hr | Actual |
| 2022 | $34.97/hr | Actual |
| 2023 | $36.51/hr | Actual |
| 2024 | $36.88/hr | Actual |
| 2025 | $38.52/hr | Actual |
| 2026(current) | $39.79/hr | Estimated |
| 2027 | $41.10/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in West Lafayette grew 19.6% from $32.21/hr (2019) to $38.52/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $41.10/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 West Lafayette 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 West Lafayette
Evaluating the opportunities for earning a living as a part-time financial advisor reveals the financial landscape in West Lafayette is promising, yet diverse. A financial advisor working 24 hours a week could expect to take home approximately $49,702 annually, a sum that allows for a reasonable lifestyle in this area. However, per diem roles are more prevalent for experienced advisors, as junior-level positions seldom offer contract-based opportunities. Established fiduciaries may charge between $3,000 and $15,000 for comprehensive financial planning services, while small business retirement plan consultations can yield annual retainers between $5,000 and $25,000. The hourly rates also vary considerably depending on employer type, with wirehouses generally offering lower compensation compared to fee-only RIAs and independent firms. This trade-off often sees some advisors opting for positions with benefits, even at lower hourly rates, versus higher pay that lacks crucial coverage. Negotiating terms can be advantageous in a market like West Lafayette, as the need for financial planning continues to grow, aligning well with the qualifications required for a successful career in the advisory field.
More salary data for West Lafayette, 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 West Lafayette. 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 West Lafayette 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