Financial Advisor Hourly Pay in Altoona, PA: $62.49 (2026)
Quick Answer:Hourly pay for a financial advisor working in Altoona, PA runs $62.49 at the median for 2026 — annualizing to $129,972 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Altoona's regional price level (BEA RPP 89.5, 10% below national), each hour of work buys what $69.81 nationally would. A 24-hour part-time schedule grosses $77,983 per year.
Official BLS data · View source
In Altoona, Pennsylvania, financial advisors earn a median hourly pay of $62.49, which is notably higher than the national median of $52.18. This robust hourly rate allows for significant earnings potential for both full-time and part-time roles, particularly for those working three days a week. In typical settings, such as wirehouse branch offices, independent advisory firms, or during virtual planning meetings, financial advisors can expect to earn between $28.54 (entry-level positions) and $149.42 (top earners). The hourly compensation reflects the demand for skilled advisors who specialize in various financial services, making this profession an accessible and lucrative option within the local job market. Official data from the Bureau of Labor Statistics (BLS) indicates that the financial advisor role in Altoona offers competitive hourly rates compared to other regions in Pennsylvania and the nation.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $28.54 | $228.33 |
| Lower Range (P25) | $36.17 | $289.32 |
| Median (P50) | $62.49 | $499.89 |
| Upper Range (P75) | $90.50 | $724.01 |
| Top Earners (P90) | $149.42 | $1195.39 |
Estimated Annual Income by Work Schedule in Altoona
Based on $62.49/hr median hourly rate · 2026 est.
At $62.49/hr, a financial advisor working full-time (40 hr/wk) in Altoona, PA can expect to earn approximately $129,971 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $74,983. With a cost-of-living index of 89.51 (below the national average), these earnings stretch further in Altoona.
Hourly Rate Calculator
Schedule Comparison in Altoona
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,499.45 | $10,831 | $129,971 |
| Part-Time (24 hrs) | $1,499.67 | $6,499 | $77,983 |
| Per Diem (16 hrs) | $999.78 | $4,332 | $51,988 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Altoona) | $62.49 |
| 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 Altoona, PA earn a median of $129,972 per year (2026 est.), which is 19.75% higher than the national median of $108,537 and 23.80% above the Pennsylvania state average of $104,986.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $62.49/hr = $77,983/year (purchasing power: $87,125).
Working 40h/week (full-time) = $129,971/year (purchasing power: $145,208).
CoL index: 89.507 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$36.16/hr
2025 BLS Actual
$60.49/hr
2026 Current Est.
$62.49/hr
2019–2027 Growth
+78.5%
Hourly Rate Trajectory for Financial Advisors in Altoona (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $36.16/hr | Actual |
| 2020 | $37.25/hr | Actual |
| 2021 | $43.98/hr | Actual |
| 2022 | $40.63/hr | Actual |
| 2023 | $57.33/hr | Actual |
| 2024 | $46.31/hr | Actual |
| 2025 | $60.49/hr | Actual |
| 2026(current) | $62.49/hr | Estimated |
| 2027 | $64.55/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Altoona grew 67.3% from $36.16/hr (2019) to $60.49/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $64.55/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 Altoona 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 Altoona
For part-time financial advisors working 24 hours a week, the yearly take-home can vary significantly compared to full-timers, depending on their client base and employer type. A part-time advisor could expect to earn around $77,205 annually, which is quite appealing, though it falls short of the complete benefits and stability associated with full-time employment. Per diem financial advisor pay in Altoona typically isn’t common for entry-level candidates, but seasoned fiduciaries can charge upwards of $3,000 to $15,000 for comprehensive financial planning services, while smaller businesses may retain advisors with fees that can reach $5,000 to $25,000 per project. The hourly rates for advisors vary depending on their employer; those at wirehouses like Morgan Stanley or independent firms such as Raymond James might earn differently due to distinct compensation structures. While some might trade lower hourly rates for the security of health benefits, others may opt for higher pay without benefits for greater flexibility. Effective negotiation strategies can play a pivotal role in securing competitive rates, particularly for advisors new to the Altoona market or seeking unique payment structures within their roles.
More salary data for Altoona, PA:
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 Altoona. 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, 6-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