Financial Advisor Hourly Pay in Independence, KY: $35.71 (2026)
Quick Answer:Hourly pay for a financial advisor working in Independence, KY runs $35.71 at the median for 2026 — annualizing to $74,279 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Independence's regional price level (BEA RPP 89.3, 11% below national), each hour of work buys what $39.99 nationally would. A 24-hour part-time schedule grosses $44,567 per year.
Based on BLS state-level estimates · View source
In Independence, Kentucky, the typical financial advisor earns a median hourly pay of $35.71, which is significantly lower than the national average of $52.18. This disparity indicates that financial advisors in Independence may have to adjust their career strategies accordingly. Part-time advisors working three days a week could expect to earn a stable income while still enjoying personal time, making the role appealing for those seeking work-life balance. The hourly pay can range from $20.71 at the entry level to $55.35 for those at the higher end of the pay scale, offering a pathway for growth. Many financial advisors work in various settings, such as wirehouse branch offices, RIA conference rooms, and remote meetings, catering to a diverse client base, including high-net-worth individuals and small businesses.
About the Independence Market
Salary estimated from Kentucky average ($82,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $20.71 | $165.69 |
| Lower Range (P25) | $25.71 | $205.69 |
| Median (P50) | $35.71 | $285.69 |
| Upper Range (P75) | $45.71 | $365.68 |
| Top Earners (P90) | $55.35 | $442.79 |
Estimated Annual Income by Work Schedule in Independence
Based on $35.71/hr median hourly rate · 2026 est.
At $35.71/hr, a financial advisor working full-time (40 hr/wk) in Independence, KY can expect to earn approximately $74,278 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $42,853. With a cost-of-living index of 89.30 (below the national average), these earnings stretch further in Independence.
Hourly Rate Calculator
Schedule Comparison in Independence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,428.43 | $6,190 | $74,278 |
| Part-Time (24 hrs) | $857.06 | $3,714 | $44,567 |
| Per Diem (16 hrs) | $571.37 | $2,476 | $29,711 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Independence) | $35.71 |
| 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 Independence, KY earn a median of $74,279 per year (2026 est.), which is 31.56% lower than the national median of $108,537 and 0.80% below the Kentucky state average of $74,878.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $35.71/hr = $44,567/year (purchasing power: $49,907).
Working 40h/week (full-time) = $74,278/year (purchasing power: $83,179).
CoL index: 89.3 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$28.90/hr
2025 BLS Actual
$34.57/hr
2026 Current Est.
$35.71/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Independence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $28.90/hr | Actual |
| 2020 | $29.39/hr | Actual |
| 2021 | $30.98/hr | Actual |
| 2022 | $31.39/hr | Actual |
| 2023 | $32.76/hr | Actual |
| 2024 | $34.93/hr | Actual |
| 2025 | $34.57/hr | Actual |
| 2026(current) | $35.71/hr | Estimated |
| 2027 | $36.89/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Independence grew 19.6% from $28.90/hr (2019) to $34.57/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $36.89/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 Independence 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 Independence
Considering the earning potential for part-time professionals, a financial advisor working 24 hours a week could take home around $44,327 annually, which is a commendable income relative to local standards. Per-diem or agency work is generally less common for those early in their careers; however, experienced advisors can charge substantial fees for project-based work, with comprehensive financial plans often priced between $3,000 and $15,000. The financial advisor hourly rate in Independence can vary notably depending on the employer type, with wirehouses and independent broker-dealers often offering different compensation structures and benefits. Those who work for banks or as independent RIA founders might face the trade-offs between lower hourly rates with benefits like health insurance versus the potential for higher pay without those perks. For advisors wanting to maximize their financial potential, transparent negotiation for hourly compensation in the Independence market will be crucial.
More salary data for Independence, KY:
Frequently Asked Questions
What is the hourly rate for financial advisors in Independence 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 Independence. 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 Independence 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