Financial Advisor Salary in Wichita, KS: $83,880 (2026)
Quick Answer:A full-time financial advisor in Wichita, KS earns a median $83,880/year (≈ $40.33/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Wichita's price level (11% below national, BEA RPP 88.9), that paycheck buys what $94,304 would nationally. Nominal pay sits 15.0% below the Kansas state average.
Official BLS data · View source
Wichita, Kansas, presents a compelling environment for financial advisors, with a projected median annual salary of $83,880 in 2026. This figure reflects the unique dynamics influenced by the structural divide between wirehouses and Registered Investment Advisors (RIAs). Financial advisors in Wichita experience a salary range from $53,158 at the lower end to $275,171 at the upper end, reflecting the variances in business models and client bases. The data, derived from 2025 BLS OEWS surveys, indicates that the growth of RIAs, driven primarily by the assets under management (AUM) model, continues to shape compensation trends within the local market. As the industry evolves, advisors aligned with fiduciary principles may find themselves at an advantage in this burgeoning sector.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,158 | $25.56 |
| Lower Range (P25) | $64,294 | $30.91 |
| Median (P50)(typical) | $83,880 | $40.33 |
| Upper Range (P75) | $130,613 | $62.80 |
| Top Earners (P90) | $275,171 | $132.30 |
Median Salary Position
22.72% below the national average
2026 Salary Percentile Distribution in Wichita
In Wichita, KS, the financial advisor salary spread from the 10th to 90th percentile is $222,013 (2026 est.). At $83,880, the local median is 22.72% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Wichita: You'd be in the entry-level range
How Wichita Financial Advisor Pay Compares
Wichita median: $83,880/year (2026)
| Compared To | Median Salary | Wichita Pays |
|---|---|---|
| Kansas Average | $98,682 | -15.00% less |
| National Average | $108,537 | -22.72% less |
Financial Advisors in Wichita, KS earn a median of $83,880 per year (2026 est.), which is 22.72% lower than the national median of $108,537 and 15.00% below the Kansas state average of $98,682.
Cost-of-Living Adjusted Salary
Wichita has a cost of living 11.05% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Wichita, KS has a cost-of-living index of 88.946 (below the national average of 100). A financial advisor earning $83,880 nominally has purchasing power equivalent to $94,304 in an average-cost city — an effective 12.43% boost.
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2019 BLS Actual
$67,892
2025 BLS Actual
$81,200
2026 Current Est.
$83,880
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Wichita (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $67,892 | Actual |
| 2020 | $85,710 | Actual |
| 2021 | $80,280 | Actual |
| 2022 | $62,400 | Actual |
| 2023 | $76,957 | Actual |
| 2024 | $96,920 | Actual |
| 2025 | $81,200 | Actual |
| 2026(current) | $83,880 | Estimated |
| 2027 | $86,648 | Projected |
Based on 7 years of BLS OEWS data for the Wichita metropolitan area, the median financial advisor salary grew 19.6% from $67,892 (2019) to $81,200 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $86,648 by 2027 — a total increase of $18,756 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Wichita 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) | $53,158 – $64,294 |
| 3-5 years (Mid Career) | $64,294 – $83,880 |
| 5+ years (Experienced) | $83,880 – $130,613 |
| 10+ years (Top Earner) | $130,613 – $275,171 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Wichita
Analyzing the local job market, Wichita employs approximately 470 financial advisors, offering a robust talent pool for firms operating in the region. The cost of living index at 88.946 indicates that financial advisors may see relatively favorable purchasing power compared to other major markets. Among local employers, wirehouses like Morgan Stanley and Merrill Lynch tend to offer higher salaries for experienced advisors due to their commission-based models, while RIAs and independent broker-dealers provide opportunities with more predictable income streams through fee-based structures. Factors contributing to the wide salary range include AUM book sizes, the percentage fee model, and credentials such as CFP or CFA designations, which can command premiums in various advisory roles. To maximize earning potential in Wichita, financial advisors should consider building a diverse clientele emphasizing high-net-worth individuals, seek relevant professional certifications, and explore opportunities within RIAs that offer partner equity options.
More salary data for Wichita, KS:
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
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 $81,200 for financial advisorsin the Wichita 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
Source: BLS, OEWS, 5-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