Financial Advisor Hourly Pay in Murfreesboro, TN: $44.41 (2026)
Quick Answer:Hourly pay for a financial advisor working in Murfreesboro, TN runs $44.41 at the median for 2026 — annualizing to $92,378 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Murfreesboro's regional price level (BEA RPP 91.8, 8% below national), each hour of work buys what $48.38 nationally would. A 24-hour part-time schedule grosses $55,422 per year.
Based on BLS state-level estimates · View source
Financial advisors in Murfreesboro, TN, earn a median hourly rate of $44.41, which is significantly lower than the national median of $52.18. This discrepancy may influence the employment dynamics for part-time financial advisors and those working on a per diem basis. A typical part-time advisor working three days a week, approximately 24 hours, could expect to bring in around $53,942 annually based solely on hourly earnings, which might not be sufficient to cover all living expenses in a growing market like Murfreesboro. Entry-level positions may start at an hourly pay of $25.76, while top earners can take home $68.84 per hour. Such hourly rates are reflective of estimates derived from the broader annual salary data, indicating a competitive landscape in various settings, including wirehouse branch offices and the growing fee-only fiduciary firms.
About the Murfreesboro 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) | $25.76 | $206.10 |
| Lower Range (P25) | $31.98 | $255.85 |
| Median (P50) | $44.41 | $355.27 |
| Upper Range (P75) | $56.85 | $454.77 |
| Top Earners (P90) | $68.84 | $550.71 |
Estimated Annual Income by Work Schedule in Murfreesboro
Based on $44.41/hr median hourly rate · 2026 est.
At $44.41/hr, a financial advisor working full-time (40 hr/wk) in Murfreesboro, TN can expect to earn approximately $92,370 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $53,290. With a cost-of-living index of 91.80 (below the national average), these earnings stretch further in Murfreesboro.
Hourly Rate Calculator
Schedule Comparison in Murfreesboro
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,776.35 | $7,698 | $92,370 |
| Part-Time (24 hrs) | $1,065.81 | $4,619 | $55,422 |
| Per Diem (16 hrs) | $710.54 | $3,079 | $36,948 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Murfreesboro) | $44.41 |
| 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 Murfreesboro, TN earn a median of $92,378 per year (2026 est.), which is 14.89% lower than the national median of $108,537 and 16.40% above the Tennessee state average of $79,363.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $44.41/hr = $55,422/year (purchasing power: $60,373).
Working 40h/week (full-time) = $92,370/year (purchasing power: $100,621).
CoL index: 91.8 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$35.94/hr
2025 BLS Actual
$42.99/hr
2026 Current Est.
$44.41/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Murfreesboro (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $35.94/hr | Actual |
| 2020 | $36.55/hr | Actual |
| 2021 | $38.53/hr | Actual |
| 2022 | $39.03/hr | Actual |
| 2023 | $40.74/hr | Actual |
| 2024 | $40.28/hr | Actual |
| 2025 | $42.99/hr | Actual |
| 2026(current) | $44.41/hr | Estimated |
| 2027 | $45.87/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Murfreesboro grew 19.6% from $35.94/hr (2019) to $42.99/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $45.87/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 Murfreesboro 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 Murfreesboro
In evaluating the earning potential for financial advisors, it’s essential to consider the differences between various employer types. Advisors affiliated with wirehouses may earn more on an hourly basis, while those at RIAs or independent broker-dealers often work on a compensation model based on assets under management, which can result in lower hourly pay but offers benefits such as health insurance. Experienced per diem financial advisors in Murfreesboro can charge between $3,000 and $15,000 for comprehensive projects, underscoring a shift towards specialized, fee-based financial planning services. The trade-off for higher hourly pay often comes in the form of no benefits, prompting many to weigh options carefully. Negotiating hourly rates can also be influenced by local market conditions; understanding the specifics of each potential employer’s compensation structure is crucial for advisors seeking equitable pay in a competitive field.
More salary data for Murfreesboro, TN:
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 Murfreesboro. 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 Murfreesboro 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