Financial Advisor Hourly Pay in Cleveland Heights, OH: $39.07 (2026)
Quick Answer:Hourly pay for a financial advisor working in Cleveland Heights, OH runs $39.07 at the median for 2026 — annualizing to $81,253 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Cleveland Heights's regional price level (BEA RPP 90.7, 9% below national), each hour of work buys what $43.07 nationally would. A 24-hour part-time schedule grosses $48,757 per year.
Based on BLS state-level estimates · View source
In Cleveland Heights, the financial advisor hourly pay is projected to be $39.07 in 2026, trailing behind the national median hourly rate of $52.18. This reality can significantly impact those who may work part-time or in a per-diem capacity, such as professionals consulting from wirehouse branch offices, insurance agencies, or during virtual planning meetings. With an hourly range from $22.65 at entry-level positions up to $60.54 for the top earners, this compensation structure supports various working arrangements, including three-day-a-week schedules and per-diem work. Estimates for these hourly rates are derived from comprehensive annual salary data, allowing for a clearer understanding of how financial advisors navigate their earnings in Cleveland Heights.
About the Cleveland Heights Market
Salary estimated from Ohio average ($95,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.65 | $181.23 |
| Lower Range (P25) | $28.13 | $225.03 |
| Median (P50) | $39.07 | $312.54 |
| Upper Range (P75) | $50.00 | $399.98 |
| Top Earners (P90) | $60.54 | $484.35 |
Estimated Annual Income by Work Schedule in Cleveland Heights
Based on $39.07/hr median hourly rate · 2026 est.
At $39.07/hr, a financial advisor working full-time (40 hr/wk) in Cleveland Heights, OH can expect to earn approximately $81,262 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $46,882. With a cost-of-living index of 90.70 (below the national average), these earnings stretch further in Cleveland Heights.
Hourly Rate Calculator
Schedule Comparison in Cleveland Heights
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,562.72 | $6,772 | $81,262 |
| Part-Time (24 hrs) | $937.63 | $4,063 | $48,757 |
| Per Diem (16 hrs) | $625.09 | $2,709 | $32,505 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Cleveland Heights) | $39.07 |
| 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 Cleveland Heights, OH earn a median of $81,253 per year (2026 est.), which is 25.14% lower than the national median of $108,537 and 5.10% below the Ohio state average of $85,619.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $39.07/hr = $48,757/year (purchasing power: $53,756).
Working 40h/week (full-time) = $81,262/year (purchasing power: $89,594).
CoL index: 90.7 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$31.62/hr
2025 BLS Actual
$37.82/hr
2026 Current Est.
$39.07/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Cleveland Heights (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $31.62/hr | Actual |
| 2020 | $32.15/hr | Actual |
| 2021 | $33.90/hr | Actual |
| 2022 | $34.34/hr | Actual |
| 2023 | $35.84/hr | Actual |
| 2024 | $39.31/hr | Actual |
| 2025 | $37.82/hr | Actual |
| 2026(current) | $39.07/hr | Estimated |
| 2027 | $40.36/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Cleveland Heights grew 19.6% from $31.62/hr (2019) to $37.82/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $40.36/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 Cleveland Heights 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 Cleveland Heights
Part-time advisors in Cleveland Heights, working three days a week for a total of 24 hours, could expect to take home approximately $46,082 annually, a figure that demonstrates the earning potential for non-full-time roles. While per-diem or 1099 work in financial advising is less common for junior-level professionals, seasoned fiduciaries can charge between $3,000 and $15,000 for comprehensive financial plans on a project basis. Employers vary in pay structures across the region; wirehouses like Morgan Stanley and Merrill Lynch often provide stable benefits, while independent broker-dealers, RIAs, and smaller firms may offer higher hourly rates without additional perks. This trade-off allows advisors to choose between securing health insurance or maximizing their hourly wages. For those negotiating contracts or hourly rates, being informed about employer types in the area can greatly enhance one’s negotiating position and potential earning outcomes in this competitive field.
More salary data for Cleveland Heights, OH:
Frequently Asked Questions
What is the hourly rate for financial advisors in Cleveland Heights in 2026?
How much do part-time financial advisors make in Cleveland Heights?
Are financial advisors in Cleveland Heights paid hourly or salary?
How much does a full-time financial advisor make per year in Cleveland Heights?
Do financial advisors earn more per hour working part-time in Cleveland Heights?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Ohio
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 Cleveland Heights. 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 Cleveland Heights 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