Financial Advisor Salary in Homewood, AL: $77,119 (2026)
Quick Answer:A full-time financial advisor in Homewood, AL earns a median $77,119/year (≈ $37.07/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Homewood's price level (12% below national, BEA RPP 87.9), that paycheck buys what $87,735 would nationally. Nominal pay sits 3.4% below the Alabama state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Homewood, Alabama can expect to earn a median annual salary of $77,119. This figure reflects local estimates based on 2025 BLS data, with a salary range spanning from $44,729 at the 10th percentile to $119,534 at the 90th percentile. Advisors aiming for a fee-only fiduciary model may find more growth opportunities as the market trends toward this structure, particularly among Registered Investment Advisors (RIAs). Comparatively, Homewood's financial advisor salaries trail the national average of $108,537, underscoring the unique economic dynamics at play in this suburban Birmingham community. With only five financial advisors currently engaged in the local market, there exists a solid foundation for new entrants to establish themselves.
About the Homewood Market
Salary estimated from Alabama average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $44,729 | $21.51 |
| Lower Range (P25) | $55,590 | $26.72 |
| Median (P50)(typical) | $77,119 | $37.07 |
| Upper Range (P75) | $98,711 | $47.46 |
| Top Earners (P90) | $119,534 | $57.47 |
Median Salary Position
28.95% below the national average
2026 Salary Percentile Distribution in Homewood
In Homewood, AL, the financial advisor salary spread from the 10th to 90th percentile is $74,805 (2026 est.). At $77,119, the local median is 28.95% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Homewood: You'd be in the lower-middle range
How Homewood Financial Advisor Pay Compares
Homewood median: $77,119/year (2026)
| Compared To | Median Salary | Homewood Pays |
|---|---|---|
| Alabama Average | $79,833 | -3.40% less |
| National Average | $108,537 | -28.95% less |
Financial Advisors in Homewood, AL earn a median of $77,119 per year (2026 est.), which is 28.95% lower than the national median of $108,537 and 3.40% below the Alabama state average of $79,833.
Cost-of-Living Adjusted Salary
Homewood has a cost of living 12.10% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Homewood, AL has a cost-of-living index of 87.9 (below the national average of 100). A financial advisor earning $77,119 nominally has purchasing power equivalent to $87,735 in an average-cost city — an effective 13.77% boost.
Compare Purchasing Power
Select a city to see how your salary compares after cost of living
Select a city above to compare purchasing power
2019 BLS Actual
$62,420
2025 BLS Actual
$74,655
2026 Current Est.
$77,119
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Homewood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $62,420 | Actual |
| 2020 | $63,471 | Actual |
| 2021 | $66,910 | Actual |
| 2022 | $67,777 | Actual |
| 2023 | $70,754 | Actual |
| 2024 | $69,639 | Actual |
| 2025 | $74,655 | Actual |
| 2026(current) | $77,119 | Estimated |
| 2027 | $79,664 | Projected |
Based on 7 years of BLS OEWS data for the Homewood metropolitan area, the median financial advisor salary grew 19.6% from $62,420 (2019) to $74,655 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $79,664 by 2027 — a total increase of $17,244 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Homewood 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.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $44,729 – $55,590 |
| 3-5 years (Mid Career) | $55,590 – $77,119 |
| 5+ years (Experienced) | $77,119 – $98,711 |
| 10+ years (Top Earner) | $98,711 – $119,534 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Homewood
In light of the cost of living index in Homewood, which sits at 87.9, financial advisor pay tends to offer a different purchasing power than that of larger urban centers. Low overhead costs can benefit individuals working at independent broker-dealers or RIA practices that emphasize fiduciary services. While salary differentials can be significant, driven by various factors such as AUM, fee structures, and client bases, those with the Certified Financial Planner (CFP) designation may see a premium in compensation. To maximize earning potential, financial advisors in Homewood should focus on building high-net-worth client relationships and leveraging breakaway packages from wirehouses, increasing their own assets under management. This strategy not only positions them favorably against local competitors but also meets the shifting demands of clients seeking holistic financial solutions.
More salary data for Homewood, AL:
Frequently Asked Questions
How much do financial advisors make in Homewood, AL in 2026?
Is Homewood, AL a good place to work as a financial advisor?
Can financial advisors make $100K in Homewood?
What is the cost-of-living adjusted financial advisor salary in Homewood?
How much does a financial advisor make per hour in Homewood?
Related Pages
Compare Salaries
Career Resources
Nearby Cities in Alabama
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
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $74,655 for financial advisorsin the Homewood metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Homewood 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