Financial Advisor Hourly Pay in Rochester, NY: $50.23 (2026)
Quick Answer:Hourly pay for a financial advisor working in Rochester, NY runs $50.23 at the median for 2026 — annualizing to $104,488 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Rochester's regional price level (BEA RPP 97.0, 3% below national), each hour of work buys what $51.77 nationally would. A 24-hour part-time schedule grosses $62,693 per year.
Official BLS data · View source
In Rochester, financial advisors are projected to earn a median hourly rate of $50.23 in 2026, which is slightly lower than the national median of $52.18. This rate presents an interesting opportunity for part-time and per-diem financial advisors who may choose to work three days a week or take on project-based roles. Many financial advisors operate in various settings, from wirehouse branch offices to remote planning meetings. The hourly rate range spans from $30.39 for entry-level positions up to $142.19 for experienced professionals, reflecting the diverse financial advisor landscape in Rochester. As these advisors build their practices, they can cultivate relationships with high-net-worth clients through home visits or meetings at upscale venues, which can significantly impact their hourly take-home pay based on the client base they develop.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $30.39 | $243.13 |
| Lower Range (P25) | $36.03 | $288.25 |
| Median (P50) | $50.23 | $401.88 |
| Upper Range (P75) | $86.59 | $692.69 |
| Top Earners (P90) | $142.19 | $1137.54 |
Estimated Annual Income by Work Schedule in Rochester
Based on $50.23/hr median hourly rate · 2026 est.
At $50.23/hr, a financial advisor working full-time (40 hr/wk) in Rochester, NY can expect to earn approximately $104,488 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $60,282. With a cost-of-living index of 97.03 (below the national average), these earnings stretch further in Rochester.
Hourly Rate Calculator
Schedule Comparison in Rochester
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,009.39 | $8,707 | $104,488 |
| Part-Time (24 hrs) | $1,205.63 | $5,224 | $62,693 |
| Per Diem (16 hrs) | $803.76 | $3,483 | $41,795 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Rochester) | $50.23 |
| 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 Rochester, NY earn a median of $104,488 per year (2026 est.), which is 3.73% lower than the national median of $108,537 and 18.00% below the New York state average of $127,424.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $50.23/hr = $62,693/year (purchasing power: $64,609).
Working 40h/week (full-time) = $104,488/year (purchasing power: $107,681).
CoL index: 97.035 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.07/hr
2025 BLS Actual
$48.63/hr
2026 Current Est.
$50.23/hr
2019–2027 Growth
+17.8%
Hourly Rate Trajectory for Financial Advisors in Rochester (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.07/hr | Actual |
| 2020 | $44.81/hr | Actual |
| 2021 | $39.12/hr | Actual |
| 2022 | $47.60/hr | Actual |
| 2023 | $46.95/hr | Actual |
| 2024 | $50.92/hr | Actual |
| 2025 | $48.63/hr | Actual |
| 2026(current) | $50.23/hr | Estimated |
| 2027 | $51.89/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Rochester grew 10.3% from $44.07/hr (2019) to $48.63/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $51.89/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 Rochester 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 Rochester
For those considering part-time work in Rochester, a financial advisor working a 24-hour week could earn a manageable income while enjoying a flexible schedule. This translates into an annual take-home of around $62,000, quite different from full-time earnings. While not common at junior levels, experienced fiduciary financial advisors often engage in per-diem projects, charging between $3,000 and $15,000 for comprehensive financial plans. Different employer types influence pay scales; for instance, wirehouses may compensate differently than independent broker-dealers or RIAs. Advisors may find themselves negotiating for benefits such as health insurance, which can affect their hourly compensation. Factors such as the employer’s structure and whether they are operating within a commission-based or fee-only model can significantly influence remuneration, quieting some of the competition while opening doors for skilled negotiators in an evolving marketplace.
More salary data for Rochester, 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 Rochester. 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