Financial Advisor Hourly Pay in Elmira, NY: $57.95 (2026)
Quick Answer:Hourly pay for a financial advisor working in Elmira, NY runs $57.95 at the median for 2026 — annualizing to $120,539 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Elmira's regional price level (BEA RPP 115.9, 16% above national), each hour of work buys what $50.00 nationally would. A 24-hour part-time schedule grosses $72,323 per year.
Based on BLS state-level estimates · View source
In Elmira, New York, the financial advisor hourly pay averages $57.95, reflecting a notable premium over the national hourly median of $52.18. This competitive rate is advantageous for those looking to work part-time, such as three days a week, where they can still benefit from substantial earnings while enjoying a flexible schedule. Financial advisors typically engage with clients in various environments, including wirehouse branch offices, RIA conference rooms, and during remote consultations. For entry-level positions, hourly rates start at $33.61, while experienced professionals can command up to $89.82 per hour, which indicates a solid earning potential across different levels of expertise in Elmira's financial landscape.
About the Elmira Market
Salary estimated from New York average ($168,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $33.61 | $268.91 |
| Lower Range (P25) | $41.72 | $333.78 |
| Median (P50) | $57.95 | $463.61 |
| Upper Range (P75) | $74.18 | $593.44 |
| Top Earners (P90) | $89.82 | $718.55 |
Estimated Annual Income by Work Schedule in Elmira
Based on $57.95/hr median hourly rate · 2026 est.
At $57.95/hr, a financial advisor working full-time (40 hr/wk) in Elmira, NY can expect to earn approximately $120,539 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $69,542. With a cost-of-living index of 115.90 (above the national average), these earnings may be offset by higher expenses in Elmira.
Hourly Rate Calculator
Schedule Comparison in Elmira
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,318.05 | $10,045 | $120,539 |
| Part-Time (24 hrs) | $1,390.83 | $6,027 | $72,323 |
| Per Diem (16 hrs) | $927.22 | $4,018 | $48,215 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Elmira) | $57.95 |
| 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 Elmira, NY earn a median of $120,539 per year (2026 est.), which is 11.06% higher than the national median of $108,537 and 5.30% below the New York state average of $127,285.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $57.95/hr = $72,323/year (purchasing power: $62,401).
Working 40h/week (full-time) = $120,539/year (purchasing power: $104,002).
CoL index: 115.9 (100 = national average).
2019 BLS Actual
$46.91/hr
2025 BLS Actual
$56.10/hr
2026 Current Est.
$57.95/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Elmira (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $46.91/hr | Actual |
| 2020 | $47.70/hr | Actual |
| 2021 | $50.28/hr | Actual |
| 2022 | $40.90/hr | Actual |
| 2023 | $37.33/hr | Actual |
| 2024 | $49.31/hr | Actual |
| 2025 | $56.10/hr | Actual |
| 2026(current) | $57.95/hr | Estimated |
| 2027 | $59.86/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Elmira grew 19.6% from $46.91/hr (2019) to $56.10/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $59.86/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 Elmira 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 Elmira
Examining the practical aspects of hourly work in Elmira reveals diverse earning options for financial advisors. A part-time financial advisor working 24 hours a week could take home approximately $60,000 annually, which offers a comfortable alternative to those seeking a better work-life balance. In contrast, per diem financial advisor pay in Elmira caters primarily to seasoned professionals willing to consult on specific projects, with fees ranging from $3,000 to $15,000 for comprehensive planning services. Furthermore, hourly rates fluctuate depending on the employer type; wirehouses may pay less but offer benefits, while independent broker-dealers or RIAs are likely to provide higher hourly pay without formal benefits. Ultimately, advisors in Elmira must weigh their options carefully, choosing between a stable hourly rate with benefits or higher pay in a freelance role without the security of health insurance or retirement plans. When negotiating compensation, it’s crucial to articulate your value clearly and consider the broader employer context, optimizing for both immediate financial gain and long-term career satisfaction in the evolving advisory field.
More salary data for Elmira, 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 Elmira. 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 Elmira 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