Financial Advisor Hourly Pay in Murphy, TX: $38.53 (2026)
Quick Answer:Hourly pay for a financial advisor working in Murphy, TX runs $38.53 at the median for 2026 — annualizing to $80,137 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Murphy's regional price level (BEA RPP 96.0, 4% below national), each hour of work buys what $40.14 nationally would. A 24-hour part-time schedule grosses $48,087 per year.
Based on BLS state-level estimates · View source
In Murphy, Texas, financial advisors earn a median hourly rate of $38.53, which is significantly lower than the national median of $52.18. This disparity may influence part-time and per-diem working conditions such as those in wirehouse branch offices or at client home visits. Advisors who work three days a week can expect to earn less than their full-time counterparts, which could impact their overall financial stability. Entry-level advisors typically start at $22.34 per hour, while experienced professionals can earn as much as $59.72, reflecting a broad salary spectrum based on experience and firm type. Hourly pay figures in this market are estimated from annual data, suggesting potential variability based on firm structure and advisor specialization.
About the Murphy Market
Salary estimated from Texas average ($112,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $22.34 | $178.75 |
| Lower Range (P25) | $27.74 | $221.89 |
| Median (P50) | $38.53 | $308.25 |
| Upper Range (P75) | $49.32 | $394.52 |
| Top Earners (P90) | $59.72 | $477.74 |
Estimated Annual Income by Work Schedule in Murphy
Based on $38.53/hr median hourly rate · 2026 est.
At $38.53/hr, a financial advisor working full-time (40 hr/wk) in Murphy, TX can expect to earn approximately $80,144 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $46,237. With a cost-of-living index of 96.00 (below the national average), these earnings stretch further in Murphy.
Hourly Rate Calculator
Schedule Comparison in Murphy
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $1,541.24 | $6,679 | $80,144 |
| Part-Time (24 hrs) | $924.74 | $4,007 | $48,087 |
| Per Diem (16 hrs) | $616.49 | $2,671 | $32,058 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Murphy) | $38.53 |
| 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 Murphy, TX earn a median of $80,137 per year (2026 est.), which is 26.17% lower than the national median of $108,537 and 7.60% below the Texas state average of $86,728.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $38.53/hr = $48,087/year (purchasing power: $50,090).
Working 40h/week (full-time) = $80,144/year (purchasing power: $83,484).
CoL index: 96 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$31.19/hr
2025 BLS Actual
$37.30/hr
2026 Current Est.
$38.53/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Murphy (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $31.19/hr | Actual |
| 2020 | $31.71/hr | Actual |
| 2021 | $33.43/hr | Actual |
| 2022 | $33.86/hr | Actual |
| 2023 | $35.35/hr | Actual |
| 2024 | $47.79/hr | Actual |
| 2025 | $37.30/hr | Actual |
| 2026(current) | $38.53/hr | Estimated |
| 2027 | $39.80/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Murphy grew 19.6% from $31.19/hr (2019) to $37.30/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $39.80/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 Murphy 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 Murphy
Part-time financial advisors in Murphy, working an average of 24 hours a week, would take home about $48,101 annually, which is considerably less than those in full-time positions. The reality for per-diem advisors is that while project-based work, such as comprehensive financial planning, can yield substantial fees between $3,000 and $15,000, obtaining consistent per diem financial advisor pay in Murphy might be challenging at entry levels. Those affiliated with wirehouses generally follow commission-based models, which can lead to fluctuations in hourly pay compared to independent RIAs that typically favor a fee-only approach. Factors like health insurance benefits can lead advisors to accept lower per-hour compensation in exchange for stability. Local financial advisors might negotiate pay by highlighting their expertise and the demand for fiduciary services among clients, especially in a competitive market where industry shifts continue to reshape the advisory landscape.
More salary data for Murphy, TX:
Frequently Asked Questions
What is the hourly rate for financial advisors in Murphy in 2026?
How much do part-time financial advisors make in Murphy?
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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 Murphy. 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 Murphy 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