Financial Advisor Hourly Pay in Madison, WI: $62.58 (2026)
Quick Answer:Hourly pay for a financial advisor working in Madison, WI runs $62.58 at the median for 2026 — annualizing to $130,158 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Madison's regional price level (BEA RPP 97.3, 3% below national), each hour of work buys what $64.32 nationally would. A 24-hour part-time schedule grosses $78,099 per year.
Official BLS data · View source
In 2026, financial advisors in Madison, WI earn a median hourly pay of $62.58, surpassing the national median of $52.18. This higher rate reflects the local demand for expertise in areas such as wealth management, retirement planning, and tax strategies. For those considering part-time roles, working three days a week at this hourly rate allows for significant earnings while maintaining a flexible schedule. Per-diem positions also exist, although they are less common among entry-level advisors. The range of hourly pay extends from $26.07 for entry-level positions to $251.94 for top-tier advisors, showcasing the extensive earning potential available as professionals gain experience and cultivate their reputations in settings like wirehouse branch offices, RIA environments, and client homes.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $26.07 | $208.58 |
| Lower Range (P25) | $38.61 | $308.91 |
| Median (P50) | $62.58 | $500.63 |
| Upper Range (P75) | $107.41 | $859.29 |
| Top Earners (P90) | $251.94 | $2015.51 |
Estimated Annual Income by Work Schedule in Madison
Based on $62.58/hr median hourly rate · 2026 est.
At $62.58/hr, a financial advisor working full-time (40 hr/wk) in Madison, WI can expect to earn approximately $130,165 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $75,095. With a cost-of-living index of 97.29 (below the national average), these earnings stretch further in Madison.
Hourly Rate Calculator
Schedule Comparison in Madison
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,503.17 | $10,847 | $130,165 |
| Part-Time (24 hrs) | $1,501.90 | $6,508 | $78,099 |
| Per Diem (16 hrs) | $1,001.27 | $4,339 | $52,066 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Madison) | $62.58 |
| 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 Madison, WI earn a median of $130,158 per year (2026 est.), which is 19.92% higher than the national median of $108,537 and 7.60% above the Wisconsin state average of $120,965.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $62.58/hr = $78,099/year (purchasing power: $80,277).
Working 40h/week (full-time) = $130,165/year (purchasing power: $133,794).
CoL index: 97.287 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$49.19/hr
2025 BLS Actual
$60.58/hr
2026 Current Est.
$62.58/hr
2019–2027 Growth
+31.4%
Hourly Rate Trajectory for Financial Advisors in Madison (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $49.19/hr | Actual |
| 2020 | $51.59/hr | Actual |
| 2021 | $49.87/hr | Actual |
| 2022 | $48.66/hr | Actual |
| 2023 | $47.74/hr | Actual |
| 2024 | $59.54/hr | Actual |
| 2025 | $60.58/hr | Actual |
| 2026(current) | $62.58/hr | Estimated |
| 2027 | $64.64/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Madison grew 23.2% from $49.19/hr (2019) to $60.58/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $64.64/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 Madison 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 Madison
Exploring the earning capacity of part-time financial advisors reveals that those working 24 hours a week could effectively secure a comfortable income, though full-time positions often yield greater financial benefits. Per diem financial advisor pay in Madison can vary significantly based on expertise; seasoned fiduciary advisors may charge $3,000 to $15,000 for comprehensive project-based plans, while annual retainers for small business retirement plan consulting can range from $5,000 to $25,000. The hourly rates also differ across various employer types, with wirehouses typically providing structured salaries, whereas independent firms and RIAs may offer more flexibility but often at a lower base hourly rate. It's essential for advisors to weigh benefits like healthcare offerings against the potential for higher pay in settings where benefits are absent. Negotiation strategies for hourly compensation can be crucial; advisors should leverage their skill set and local market conditions in discussions to secure favorable terms, ultimately enhancing their earning potential in the competitive financial landscape of Madison.
More salary data for Madison, WI:
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 Madison. 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, 7-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