Financial Advisor Hourly Pay in New Bedford, MA: $63.31 (2026)
Quick Answer:Hourly pay for a financial advisor working in New Bedford, MA runs $63.31 at the median for 2026 — annualizing to $131,680 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against New Bedford's regional price level (BEA RPP 108.5, 9% above national), each hour of work buys what $58.35 nationally would. A 24-hour part-time schedule grosses $79,014 per year.
Based on BLS state-level estimates · View source
In New Bedford, Massachusetts, the financial advisor hourly pay is projected to reach $63.31 in 2026, which notably surpasses the national hourly median of $52.18. This higher rate suggests a relatively robust financial advisory market in the area, providing ample opportunities for both full-time and part-time advisors. For those working on a part-time basis, such as three days a week, the financial implications are significant; they can still achieve a competitive income. Advisors in typical settings, including wirehouse branch offices and client home visits, can expect to see hourly compensation ranging from $36.72 at entry-level positions to up to $98.12 for top earners. This hourly data, while derived from broader annual salary estimates, reflects the dynamic environment in which financial advisors operate in New Bedford.
About the New Bedford 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) | $36.72 | $293.79 |
| Lower Range (P25) | $45.59 | $364.69 |
| Median (P50) | $63.31 | $506.50 |
| Upper Range (P75) | $81.03 | $648.23 |
| Top Earners (P90) | $98.12 | $785.00 |
Estimated Annual Income by Work Schedule in New Bedford
Based on $63.31/hr median hourly rate · 2026 est.
At $63.31/hr, a financial advisor working full-time (40 hr/wk) in New Bedford, MA can expect to earn approximately $131,690 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,975. With a cost-of-living index of 108.50 (above the national average), these earnings may be offset by higher expenses in New Bedford.
Hourly Rate Calculator
Schedule Comparison in New Bedford
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,532.50 | $10,974 | $131,690 |
| Part-Time (24 hrs) | $1,519.50 | $6,585 | $79,014 |
| Per Diem (16 hrs) | $1,013.00 | $4,390 | $52,676 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (New Bedford) | $63.31 |
| 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 New Bedford, MA earn a median of $131,680 per year (2026 est.), which is 21.32% higher than the national median of $108,537 and 0.70% above the Massachusetts state average of $130,764.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $63.31/hr = $79,014/year (purchasing power: $72,824).
Working 40h/week (full-time) = $131,690/year (purchasing power: $121,373).
CoL index: 108.5 (100 = national average).
2019 BLS Actual
$51.25/hr
2025 BLS Actual
$61.29/hr
2026 Current Est.
$63.31/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in New Bedford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $51.25/hr | Actual |
| 2020 | $52.11/hr | Actual |
| 2021 | $54.93/hr | Actual |
| 2022 | $55.64/hr | Actual |
| 2023 | $37.79/hr | Actual |
| 2024 | $79.88/hr | Actual |
| 2025 | $61.29/hr | Actual |
| 2026(current) | $63.31/hr | Estimated |
| 2027 | $65.40/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in New Bedford grew 19.6% from $51.25/hr (2019) to $61.29/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $65.40/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 New Bedford 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 New Bedford
Analyzing part-time earnings in this field reveals a unique scenario for financial advisors considering a three-day workweek. For those spending 24 hours a week in the profession, the annual take-home pay would be considerably different compared to their full-time counterparts. Positions that cater to per diem or project-based advisory roles, typically filled by more seasoned professionals, see substantial charges ranging from $3,000 to $15,000 per comprehensive financial plan, along with retainers of $5,000 to $25,000 for retirement consulting. Hourly rates vary significantly depending on employer types; wirehouses like Morgan Stanley and independent registered investment advisors (RIAs) often offer distinct pay structures aligned with their business models. This trade-off between health benefits and higher hourly rates can influence some advisors' job choices. Negotiation in New Bedford's financial advisory scene requires an understanding of these elements, ensuring advisors can secure compensation reflective of their experience and service offerings.
More salary data for New Bedford, MA:
Frequently Asked Questions
What is the hourly rate for financial advisors in New Bedford 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 New Bedford. 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 New Bedford 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