Financial Advisor Hourly Pay in Hernando, MS: $42.09 (2026)
Quick Answer:Hourly pay for a financial advisor working in Hernando, MS runs $42.09 at the median for 2026 — annualizing to $87,565 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Hernando's regional price level (BEA RPP 85.7, 14% below national), each hour of work buys what $49.12 nationally would. A 24-hour part-time schedule grosses $52,534 per year.
Based on BLS state-level estimates · View source
In Hernando, Mississippi, financial advisors earn a median hourly rate of $42.09, which is notably lower than the national median of $52.18. This difference reflects the local economic environment and the demand for professional financial services. For part-time advisors working three days a week, this translates to a take-home pay that may be more modest, amounting to around $43,698 annually based on a 24-hour workweek. In a field where roles often vary from wirehouse branch offices to independent advisory firms and virtual planning meetings, the hourly range for financial advisors spans from $24.42 for entry-level positions to as much as $65.25 for top earners in the region. These figures provide insight into the compensation landscape as estimated from annual salary data, illustrating the opportunities available for those entering this profession.
About the Hernando Market
Salary estimated from Mississippi average ($68,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $24.42 | $195.36 |
| Lower Range (P25) | $30.31 | $242.47 |
| Median (P50) | $42.09 | $336.76 |
| Upper Range (P75) | $53.88 | $431.05 |
| Top Earners (P90) | $65.25 | $522.04 |
Estimated Annual Income by Work Schedule in Hernando
Based on $42.09/hr median hourly rate · 2026 est.
At $42.09/hr, a financial advisor working full-time (40 hr/wk) in Hernando, MS can expect to earn approximately $87,557 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $50,514. With a cost-of-living index of 85.70 (below the national average), these earnings stretch further in Hernando.
Hourly Rate Calculator
Schedule Comparison in Hernando
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,683.79 | $7,296 | $87,557 |
| Part-Time (24 hrs) | $1,010.27 | $4,378 | $52,534 |
| Per Diem (16 hrs) | $673.52 | $2,919 | $35,023 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Hernando) | $42.09 |
| 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 Hernando, MS earn a median of $87,565 per year (2026 est.), which is 19.32% lower than the national median of $108,537 and 5.90% below the Mississippi state average of $93,056.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $42.09/hr = $52,534/year (purchasing power: $61,300).
Working 40h/week (full-time) = $87,557/year (purchasing power: $102,167).
CoL index: 85.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$34.07/hr
2025 BLS Actual
$40.75/hr
2026 Current Est.
$42.09/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Hernando (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $34.07/hr | Actual |
| 2020 | $34.65/hr | Actual |
| 2021 | $36.52/hr | Actual |
| 2022 | $37.00/hr | Actual |
| 2023 | $38.62/hr | Actual |
| 2024 | $26.38/hr | Actual |
| 2025 | $40.75/hr | Actual |
| 2026(current) | $42.09/hr | Estimated |
| 2027 | $43.48/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Hernando grew 19.6% from $34.07/hr (2019) to $40.75/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $43.48/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 Hernando 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 Hernando
The financial advisor hourly pay in Hernando indeed offers varying potential for both part-time and per-diem workers. A financial advisor working part-time could expect to earn around $43,698 annually or opt for project-based consulting that has retainer fees between $5,000 and $25,000 from small businesses. While it can be challenging for junior advisors to find per diem opportunities, experienced fiduciaries often command high fees on a per-project basis, sometimes charging between $3,000 and $15,000 for comprehensive financial plans. Hourly rates can differ significantly based on employer type; advisors at wirehouses like Morgan Stanley or independent RIAs often work under different structures. Those prioritizing health benefits may settle for lower hourly wages, while others may choose freelance roles for more flexibility. Negotiation plays a vital role in securing desirable positions; knowing market trends and being prepared to advocate for one's worth is crucial in the Hernando area.
More salary data for Hernando, MS:
Frequently Asked Questions
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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 Hernando. 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 Hernando 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