Financial Advisor Hourly Pay in Ellicott City, MD: $57.28 (2026)
Quick Answer:Hourly pay for a financial advisor working in Ellicott City, MD runs $57.28 at the median for 2026 — annualizing to $119,141 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Ellicott City's regional price level (BEA RPP 109.3, 9% above national), each hour of work buys what $52.41 nationally would. A 24-hour part-time schedule grosses $71,485 per year.
Based on BLS state-level estimates · View source
In Ellicott City, Maryland, the financial advisor hourly pay is projected to be $57.28 in 2026, which exceeds the national hourly median of $52.18 by a notable margin. This elevated rate provides compelling opportunities for part-time financial advisors working three days a week, as they can earn commendable compensation while achieving a balanced work schedule. The hourly range for financial advisors in this area extends from $33.22 at entry-level positions to $88.79 for top-tier professionals, allowing seasoned advisors to command higher rates based on their experience and specialization. Typical working environments include wirehouse branch offices, comprehensive advisory firms, and even client homes, allowing flexibility and varied interaction strategies such as virtual planning or in-person consultations tailored for high-net-worth individuals.
About the Ellicott City 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) | $33.22 | $265.77 |
| Lower Range (P25) | $41.24 | $329.90 |
| Median (P50) | $57.28 | $458.24 |
| Upper Range (P75) | $73.32 | $586.58 |
| Top Earners (P90) | $88.79 | $710.29 |
Estimated Annual Income by Work Schedule in Ellicott City
Based on $57.28/hr median hourly rate · 2026 est.
At $57.28/hr, a financial advisor working full-time (40 hr/wk) in Ellicott City, MD can expect to earn approximately $119,142 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $68,736. With a cost-of-living index of 109.30 (above the national average), these earnings may be offset by higher expenses in Ellicott City.
Hourly Rate Calculator
Schedule Comparison in Ellicott City
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,291.19 | $9,929 | $119,142 |
| Part-Time (24 hrs) | $1,374.72 | $5,957 | $71,485 |
| Per Diem (16 hrs) | $916.48 | $3,971 | $47,657 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Ellicott City) | $57.28 |
| 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 Ellicott City, MD earn a median of $119,141 per year (2026 est.), which is 9.77% higher than the national median of $108,537 and 0.40% above the Maryland state average of $118,666.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $57.28/hr = $71,485/year (purchasing power: $65,403).
Working 40h/week (full-time) = $119,142/year (purchasing power: $109,005).
CoL index: 109.3 (100 = national average).
2019 BLS Actual
$46.36/hr
2025 BLS Actual
$55.45/hr
2026 Current Est.
$57.28/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Ellicott City (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.36/hr | Actual |
| 2020 | $47.14/hr | Actual |
| 2021 | $49.70/hr | Actual |
| 2022 | $50.34/hr | Actual |
| 2023 | $52.55/hr | Actual |
| 2024 | $65.97/hr | Actual |
| 2025 | $55.45/hr | Actual |
| 2026(current) | $57.28/hr | Estimated |
| 2027 | $59.17/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Ellicott City grew 19.6% from $46.36/hr (2019) to $55.45/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $59.17/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 Ellicott City 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 Ellicott City
Considering part-time earning potential, a financial advisor working a 24-hour week could anticipate earning about $45,000 annually, significantly less than a full-time peer, but with the advantage of a flexible schedule. In terms of per-diem financial advisor pay in Ellicott City, junior advisors seldom engage in such roles; however, seasoned fiduciaries may charge between $3,000 and $15,000 per comprehensive project-based financial plan. Different types of employers influence hourly rates, with wirehouses typically offering structured salary scales and brokers providing commission-based pay. The trade-off between accepting lower hourly rates for positions that provide benefits versus aiming for higher pay in fee-only RIAs is also a crucial consideration. Negotiation techniques tailored to the Ellicott City market can help advisors leverage their skills effectively, especially in a landscape where the industry increasingly favors fiduciary practices over traditional commission-based models.
More salary data for Ellicott City, MD:
Frequently Asked Questions
What is the hourly rate for financial advisors in Ellicott City in 2026?
How much do part-time financial advisors make in Ellicott City?
Are financial advisors in Ellicott City paid hourly or salary?
How much does a full-time financial advisor make per year in Ellicott City?
Do financial advisors earn more per hour working part-time in Ellicott City?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Maryland
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 Ellicott City. 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 Ellicott City 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