Financial Advisor Hourly Pay in Troy, NY: $63.11 (2026)
Quick Answer:Hourly pay for a financial advisor working in Troy, NY runs $63.11 at the median for 2026 — annualizing to $131,271 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Troy's regional price level (BEA RPP 115.9, 16% above national), each hour of work buys what $54.45 nationally would. A 24-hour part-time schedule grosses $78,756 per year.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Troy, NY, can expect a median hourly pay of $63.11, significantly above the national median of $52.18. This favorable rate reflects the unique demand for financial services in the area, allowing for substantial earnings even for part-time professionals working three days a week. For instance, advisors clocking in at 24 hours per week could earn a consistent income while enjoying a balanced work-life dynamic. The hourly wage range starts at $36.61 for entry-level positions and could reach up to $97.83 for those with extensive experience. This financial advisor hourly pay in Troy allows for both per-diem work arrangements and project-based engagements, typically held in settings such as wirehouse branch offices or during virtual client meetings, matching the needs of high-net-worth individuals seeking dedicated service.
About the Troy 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) | $36.61 | $292.88 |
| Lower Range (P25) | $45.44 | $363.53 |
| Median (P50) | $63.11 | $504.85 |
| Upper Range (P75) | $80.78 | $646.24 |
| Top Earners (P90) | $97.83 | $782.60 |
Estimated Annual Income by Work Schedule in Troy
Based on $63.11/hr median hourly rate · 2026 est.
At $63.11/hr, a financial advisor working full-time (40 hr/wk) in Troy, NY can expect to earn approximately $131,260 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,727. With a cost-of-living index of 115.90 (above the national average), these earnings may be offset by higher expenses in Troy.
Hourly Rate Calculator
Schedule Comparison in Troy
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,524.24 | $10,938 | $131,260 |
| Part-Time (24 hrs) | $1,514.54 | $6,563 | $78,756 |
| Per Diem (16 hrs) | $1,009.70 | $4,375 | $52,504 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Troy) | $63.11 |
| 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 Troy, NY earn a median of $131,271 per year (2026 est.), which is 20.95% higher than the national median of $108,537 and 3.10% above the New York state average of $127,324.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $63.11/hr = $78,756/year (purchasing power: $67,952).
Working 40h/week (full-time) = $131,260/year (purchasing power: $113,253).
CoL index: 115.9 (100 = national average).
2019 BLS Actual
$51.08/hr
2025 BLS Actual
$61.09/hr
2026 Current Est.
$63.11/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Troy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $51.08/hr | Actual |
| 2020 | $51.94/hr | Actual |
| 2021 | $54.75/hr | Actual |
| 2022 | $55.46/hr | Actual |
| 2023 | $57.90/hr | Actual |
| 2024 | $94.51/hr | Actual |
| 2025 | $61.09/hr | Actual |
| 2026(current) | $63.11/hr | Estimated |
| 2027 | $65.19/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Troy grew 19.6% from $51.08/hr (2019) to $61.09/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $65.19/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 Troy 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 Troy
Examining part-time potential, working 24 hours a week translates to around $78,508 annually for a financial advisor, a solid income—though less than a full-time annual paycheck. The per diem financial advisor pay in Troy is an option for seasoned professionals who often command higher fees for specialized services. For example, established fiduciary advisors might charge between $3,000 and $15,000 for comprehensive financial plans with small businesses offering retainers of $5,000 to $25,000 for ongoing consultations. Hourly compensation can vary greatly depending on employer type, with wirehouses typically offering robust salaries and benefits, while independent advisors may operate at lower rates to maintain flexibility. In negotiating hourly pay, advisors should consider the trade-offs of benefits and potential referral paths, emphasizing experience and client relationships as key factors to further their earning potential in this competitive market.
More salary data for Troy, 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 Troy. 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 Troy 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