Financial Advisor Hourly Pay in Collierville, TN: $38.25 (2026)
Quick Answer:Hourly pay for a financial advisor working in Collierville, TN runs $38.25 at the median for 2026 — annualizing to $79,564 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Collierville's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $41.67 nationally would. A 24-hour part-time schedule grosses $47,738 per year.
Based on BLS state-level estimates · View source
In Collierville, TN, financial advisors earn a median hourly pay of $38.25, which reflects a significant disparity compared to the national median hourly rate of $52.18. This compensation structure can influence various employment situations, including part-time roles, where advisors working three days a week can balance personal lifestyles while still generating income. In typical settings, such as wirehouse branch offices or remote meetings with high-net-worth clients, entry-level positions may start at approximately $22.19 per hour, while more seasoned professionals can command up to $59.29 per hour. Such a structure allows both full-time and part-time financial advisors to find suitable opportunities, though income potential varies greatly across different job settings and levels of experience.
About the Collierville Market
Salary estimated from Tennessee average ($92,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.19 | $177.51 |
| Lower Range (P25) | $27.54 | $220.32 |
| Median (P50) | $38.25 | $306.02 |
| Upper Range (P75) | $48.96 | $391.71 |
| Top Earners (P90) | $59.29 | $474.35 |
Estimated Annual Income by Work Schedule in Collierville
Based on $38.25/hr median hourly rate · 2026 est.
At $38.25/hr, a financial advisor working full-time (40 hr/wk) in Collierville, TN can expect to earn approximately $79,564 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $45,902. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Collierville.
Hourly Rate Calculator
Schedule Comparison in Collierville
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,530.08 | $6,630 | $79,564 |
| Part-Time (24 hrs) | $918.05 | $3,978 | $47,738 |
| Per Diem (16 hrs) | $612.03 | $2,652 | $31,826 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Collierville) | $38.25 |
| 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 Collierville, TN earn a median of $79,564 per year (2026 est.), which is 26.69% lower than the national median of $108,537 and 0.20% above the Tennessee state average of $79,405.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $38.25/hr = $47,738/year (purchasing power: $52,003).
Working 40h/week (full-time) = $79,564/year (purchasing power: $86,671).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$30.96/hr
2025 BLS Actual
$37.03/hr
2026 Current Est.
$38.25/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Collierville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $30.96/hr | Actual |
| 2020 | $31.48/hr | Actual |
| 2021 | $33.19/hr | Actual |
| 2022 | $33.62/hr | Actual |
| 2023 | $35.10/hr | Actual |
| 2024 | $40.69/hr | Actual |
| 2025 | $37.03/hr | Actual |
| 2026(current) | $38.25/hr | Estimated |
| 2027 | $39.51/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Collierville grew 19.6% from $30.96/hr (2019) to $37.03/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $39.51/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 Collierville 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 Collierville
Part-time financial advisors in Collierville who choose to work 24 hours a week can anticipate an annual income that may be considerably less than their full-time counterparts. If they bill at the median hourly rate, this amounts to around $48,000 annually. In contrast, per diem financial advisory work—though less common for junior advisors—offers potential for higher earnings through project-based consulting, with established fiduciary advisors charging between $3,000 and $15,000 for comprehensive financial plans. Hourly rates also differ based on the type of employer, with wirehouses like Merrill Lynch or Wells Fargo likely providing lower rates compared to independent RIAs, which might offer higher compensation in exchange for flexibility. Furthermore, negotiation skills play a vital role, especially when considering benefits, as many advisors must weigh the allure of a higher hourly rate against additional health insurance provided by larger firms. Mastering these dynamics can help financial professionals in Collierville secure not just competitive pay, but also a fulfilling career path.
More salary data for Collierville, TN:
Frequently Asked Questions
What is the hourly rate for financial advisors in Collierville in 2026?
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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 Collierville. 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 Collierville 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