Financial Advisor Hourly Pay in Cumberland, MD: $52.79 (2026)
Quick Answer:Hourly pay for a financial advisor working in Cumberland, MD runs $52.79 at the median for 2026 — annualizing to $109,806 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Cumberland's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $48.29 nationally would. A 24-hour part-time schedule grosses $65,877 per year.
Based on BLS state-level estimates · View source
In Cumberland, Maryland, the financial advisor hourly pay is projected to reach $52.79 in 2026, surpassing the national median of $52.18. For those considering part-time work—such as a three-day workweek—this could translate to approximately $70,000 annually, depending on actual billable hours. Financial advisors typically operate in various environments, including wirehouse branch offices, insurance agency offices, and even client home visits. This hourly rate reflects a range from $30.62 for entry-level roles to $81.82 for top-earning professionals in the area. Indeed, these figures are estimates derived from annual salary data, showcasing the flexibility available for both per-diem workers and part-timers in this field.
About the Cumberland Market
Salary estimated from Maryland average ($125,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $30.62 | $244.94 |
| Lower Range (P25) | $38.01 | $304.12 |
| Median (P50) | $52.79 | $422.29 |
| Upper Range (P75) | $67.57 | $540.55 |
| Top Earners (P90) | $81.82 | $654.59 |
Estimated Annual Income by Work Schedule in Cumberland
Based on $52.79/hr median hourly rate · 2026 est.
At $52.79/hr, a financial advisor working full-time (40 hr/wk) in Cumberland, MD can expect to earn approximately $109,796 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $63,344. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Cumberland.
Hourly Rate Calculator
Schedule Comparison in Cumberland
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,111.45 | $9,150 | $109,796 |
| Part-Time (24 hrs) | $1,266.87 | $5,490 | $65,877 |
| Per Diem (16 hrs) | $844.58 | $3,660 | $43,918 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Cumberland) | $52.79 |
| 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 Cumberland, MD earn a median of $109,806 per year (2026 est.), which is 1.17% higher than the national median of $108,537 and 7.40% below the Maryland state average of $118,581.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $52.79/hr = $65,877/year (purchasing power: $60,272).
Working 40h/week (full-time) = $109,796/year (purchasing power: $100,453).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$42.73/hr
2025 BLS Actual
$51.10/hr
2026 Current Est.
$52.79/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Cumberland (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $42.73/hr | Actual |
| 2020 | $37.70/hr | Actual |
| 2021 | $45.80/hr | Actual |
| 2022 | $38.29/hr | Actual |
| 2023 | $48.43/hr | Actual |
| 2024 | $60.80/hr | Actual |
| 2025 | $51.10/hr | Actual |
| 2026(current) | $52.79/hr | Estimated |
| 2027 | $54.53/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Cumberland grew 19.6% from $42.73/hr (2019) to $51.10/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $54.53/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 Cumberland 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 Cumberland
When it comes to the per-diem financial advisor pay in Cumberland, the landscape presents both opportunities and challenges. Experienced fiduciary advisors often work on a project basis, charging clients anywhere from $3,000 to $15,000 for comprehensive plans, which indirectly boosts their hourly earnings through selective engagements. On the other hand, entry-level or junior advisors may find per-diem work less common, as they typically seek full-time employment with established firms that may offer benefits in exchange for potentially lower pay rates. Financial advisors working in diverse settings, from wirehouses like Morgan Stanley and UBS to independent broker-dealers and RIAs, can expect variation in their pay scales due to differing commission structures and business models. Negotiating hourly rates effectively can be crucial; advisors should factor in benefits like health insurance when evaluating offers that appear lower. As the industry shifts toward a fee-only RIA model, understanding the nuances in hourly compensation based on employer type will equip advisors to make informed choices in Cumberland, MD.
More salary data for Cumberland, MD:
Frequently Asked Questions
What is the hourly rate for financial advisors in Cumberland 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 Cumberland. 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 Cumberland 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