Financial Advisor Hourly Pay in Albany, NY: $61.89 (2026)
Quick Answer:Hourly pay for a financial advisor working in Albany, NY runs $61.89 at the median for 2026 — annualizing to $128,722 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Albany's regional price level (BEA RPP 99.6, 0% above national), each hour of work buys what $62.16 nationally would. A 24-hour part-time schedule grosses $77,235 per year.
Official BLS data · View source
In Albany, New York, the financial advisor hourly pay is projected to be $61.89 in 2026, which significantly exceeds the national hourly median of $52.18. This higher compensation may offer considerable advantages for both part-time and per-diem workers, allowing financial advisors who choose to work just three days a week to still earn a substantial income. The hourly wage ranges from $28.47 for entry-level positions to an impressive $179.10 for top earners in the field. These rates reflect the eclectic environments in which advisors operate, including wirehouse branches, registered investment advisor (RIA) offices, and client meetings in various locations. This data is derived from the official Bureau of Labor Statistics (BLS) estimates based on 2025 BLS OEWS data, projected to 2026, providing a reliable picture of what financial advisors can expect in Albany.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.47 | $227.76 |
| Lower Range (P25) | $37.11 | $296.84 |
| Median (P50) | $61.89 | $495.10 |
| Upper Range (P75) | $97.10 | $776.82 |
| Top Earners (P90) | $179.10 | $1432.81 |
Estimated Annual Income by Work Schedule in Albany
Based on $61.89/hr median hourly rate · 2026 est.
At $61.89/hr, a financial advisor working full-time (40 hr/wk) in Albany, NY can expect to earn approximately $128,725 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,264. With a cost-of-living index of 99.57 (below the national average), these earnings stretch further in Albany.
Hourly Rate Calculator
Schedule Comparison in Albany
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,475.48 | $10,727 | $128,725 |
| Part-Time (24 hrs) | $1,485.29 | $6,436 | $77,235 |
| Per Diem (16 hrs) | $990.19 | $4,291 | $51,490 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Albany) | $61.89 |
| 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 Albany, NY earn a median of $128,722 per year (2026 est.), which is 18.60% higher than the national median of $108,537 and 1.10% above the New York state average of $127,322.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $61.89/hr = $77,235/year (purchasing power: $77,572).
Working 40h/week (full-time) = $128,725/year (purchasing power: $129,286).
CoL index: 99.566 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$36.83/hr
2025 BLS Actual
$59.91/hr
2026 Current Est.
$61.89/hr
2019–2027 Growth
+73.6%
Hourly Rate Trajectory for Financial Advisors in Albany (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $36.83/hr | Actual |
| 2020 | $41.27/hr | Actual |
| 2021 | $59.64/hr | Actual |
| 2022 | $55.54/hr | Actual |
| 2023 | $52.85/hr | Actual |
| 2024 | $60.18/hr | Actual |
| 2025 | $59.91/hr | Actual |
| 2026(current) | $61.89/hr | Estimated |
| 2027 | $63.93/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Albany grew 62.7% from $36.83/hr (2019) to $59.91/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $63.93/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 Albany 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 Albany
Earnings potential for part-time financial advisors in Albany can be quite lucrative, particularly for those working approximately 24 hours a week. In comparison to full-time positions, part-time advisors typically earn a comfortable income while maintaining flexibility. Per diem roles, while less common at the junior level, become viable for seasoned fiduciaries who charge fees ranging from $3,000 to $15,000 for project-based financial plans. The hourly rates advisors can command vary significantly based on their affiliation; those working with wirehouses may receive different compensation than advisors in independent settings or insurance-affiliated companies. Many financial advisors make choices that reflect their priorities, weighing hourly pay against employee benefits like health insurance. In Albany’s competitive market, practical negotiation strategies include emphasizing specific expertise and offering unique service models to enhance perceived value. Understanding these dynamics can help prospective financial advisors align their career paths with their earning goals.
More salary data for Albany, NY:
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 Albany. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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