Financial Advisor Hourly Pay in Lawrence, MA: $61.29 (2026)
Quick Answer:Hourly pay for a financial advisor working in Lawrence, MA runs $61.29 at the median for 2026 — annualizing to $127,468 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Lawrence's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $56.49 nationally would. A 24-hour part-time schedule grosses $76,487 per year.
Based on BLS state-level estimates · View source
In Lawrence, Massachusetts, financial advisors earn a median hourly rate of $61.29, which is significantly higher than the national median of $52.18. This rate suggests robust earning potential for those entering the field or those seeking part-time opportunities, such as working three days a week. At this hourly rate, part-time advisors can expect to achieve a comfortable income if they manage a steady client roster, working in varied environments like wirehouse branch offices, independent investment firms, or even conducting virtual meetings with clients remotely. The hourly pay spans a range from approximately $35.55 for entry-level positions to about $94.98 for the most experienced professionals, reflecting both the demand for skilled financial guidance and the diverse market landscape in Lawrence.
About the Lawrence Market
Salary estimated from Massachusetts average ($152,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $35.55 | $284.36 |
| Lower Range (P25) | $44.12 | $352.96 |
| Median (P50) | $61.29 | $490.30 |
| Upper Range (P75) | $78.45 | $627.57 |
| Top Earners (P90) | $94.98 | $759.87 |
Estimated Annual Income by Work Schedule in Lawrence
Based on $61.29/hr median hourly rate · 2026 est.
At $61.29/hr, a financial advisor working full-time (40 hr/wk) in Lawrence, MA can expect to earn approximately $127,479 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $73,545. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in Lawrence.
Hourly Rate Calculator
Schedule Comparison in Lawrence
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,451.52 | $10,623 | $127,479 |
| Part-Time (24 hrs) | $1,470.91 | $6,374 | $76,487 |
| Per Diem (16 hrs) | $980.61 | $4,249 | $50,992 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Lawrence) | $61.29 |
| 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 Lawrence, MA earn a median of $127,468 per year (2026 est.), which is 17.44% higher than the national median of $108,537 and 2.50% below the Massachusetts state average of $130,736.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $61.29/hr = $76,487/year (purchasing power: $70,495).
Working 40h/week (full-time) = $127,479/year (purchasing power: $117,492).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$49.61/hr
2025 BLS Actual
$59.33/hr
2026 Current Est.
$61.29/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Lawrence (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.61/hr | Actual |
| 2020 | $50.44/hr | Actual |
| 2021 | $53.18/hr | Actual |
| 2022 | $53.86/hr | Actual |
| 2023 | $56.23/hr | Actual |
| 2024 | $77.32/hr | Actual |
| 2025 | $59.33/hr | Actual |
| 2026(current) | $61.29/hr | Estimated |
| 2027 | $63.31/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Lawrence grew 19.6% from $49.61/hr (2019) to $59.33/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $63.31/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 Lawrence 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 Lawrence
The potential earnings for financial advisors working part-time in Lawrence can be attractive; a financial advisor dedicating 24 hours per week might compute an annual income far above what some other fields offer. Per diem financial advisor pay in Lawrence is less common among junior advisors but becomes a viable path for seasoned professionals, especially those who command fees of $3,000 to $15,000 for comprehensive financial plans. Differences in hourly pay often align closely with employer types, from the commission-based compensation structures at wirehouses to the fees set by independent RIAs that may employ an AUM model. Consequently, advisors might accept lower hourly rates in exchange for benefits like health insurance from larger firms versus the higher pay that comes without benefits from freelancing or working at smaller advisories. For those considering hourly roles, negotiating terms can involve showing a strong client base or specialized credentials such as CFP certification to leverage higher compensation.
More salary data for Lawrence, MA:
Frequently Asked Questions
What is the hourly rate for financial advisors in Lawrence in 2026?
How much do part-time financial advisors make in Lawrence?
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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 Lawrence. 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 Lawrence 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