Financial Advisor Salary in Henderson, KY: $73,221 (2026)
Quick Answer:A full-time financial advisor in Henderson, KY earns a median $73,221/year (≈ $35.20/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Henderson's price level (11% below national, BEA RPP 89.3), that paycheck buys what $81,994 would nationally. Nominal pay sits 2.2% below the Kentucky state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Henderson, Kentucky, are projected to earn a median annual salary of $73,221, which is significantly lower than the national median of $108,537. The salary range for this profession in the area spans from $42,469 at the lower end (10th percentile) to $113,493 at the upper end (90th percentile). These figures are informed by estimates derived from 2025 BLS data and adjusted for regional price parities. This local market offers a unique dynamics where financial advisors can expect various earning potentials based on their clientele and business model, highlighting the diverse pathways available for long-term success in financial advising within Henderson.
About the Henderson Market
Salary estimated from Kentucky average ($82,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $42,469 | $20.42 |
| Lower Range (P25) | $52,719 | $25.35 |
| Median (P50)(typical) | $73,221 | $35.20 |
| Upper Range (P75) | $93,723 | $45.06 |
| Top Earners (P90) | $113,493 | $54.56 |
Median Salary Position
32.54% below the national average
2026 Salary Percentile Distribution in Henderson
In Henderson, KY, the financial advisor salary spread from the 10th to 90th percentile is $71,024 (2026 est.). At $73,221, the local median is 32.54% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Henderson: You'd be in the lower-middle range
How Henderson Financial Advisor Pay Compares
Henderson median: $73,221/year (2026)
| Compared To | Median Salary | Henderson Pays |
|---|---|---|
| Kentucky Average | $74,868 | -2.20% less |
| National Average | $108,537 | -32.54% less |
Financial Advisors in Henderson, KY earn a median of $73,221 per year (2026 est.), which is 32.54% lower than the national median of $108,537 and 2.20% below the Kentucky state average of $74,868.
Cost-of-Living Adjusted Salary
Henderson has a cost of living 10.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Henderson, KY has a cost-of-living index of 89.3 (below the national average of 100). A financial advisor earning $73,221 nominally has purchasing power equivalent to $81,994 in an average-cost city — an effective 11.98% boost.
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2019 BLS Actual
$59,265
2025 BLS Actual
$70,882
2026 Current Est.
$73,221
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Henderson (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $59,265 | Actual |
| 2020 | $60,264 | Actual |
| 2021 | $63,529 | Actual |
| 2022 | $64,352 | Actual |
| 2023 | $67,178 | Actual |
| 2024 | $71,612 | Actual |
| 2025 | $70,882 | Actual |
| 2026(current) | $73,221 | Estimated |
| 2027 | $75,637 | Projected |
Based on 7 years of BLS OEWS data for the Henderson metropolitan area, the median financial advisor salary grew 19.6% from $59,265 (2019) to $70,882 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $75,637 by 2027 — a total increase of $16,372 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Henderson 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) | $42,469 – $52,719 |
| 3-5 years (Mid Career) | $52,719 – $73,221 |
| 5+ years (Experienced) | $73,221 – $93,723 |
| 10+ years (Top Earner) | $93,723 – $113,493 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Henderson
Currently, only four financial advisors are working in Henderson, reflecting a tight job market for this profession. With a cost-of-living index of 89.3, living expenses in the area are below the national average, which can enhance the purchasing power of local salaries. In this environment, wirehouses like Morgan Stanley and Merrill Lynch, alongside independent broker-dealers such as LPL and Raymond James, typically offer the highest pay. The significant wage disparity in financial advisor pay in Henderson can be attributed to different factors including assets under management (AUM), fee structures, and client demographics. Advisors focusing on high-net-worth clients or those offering management fees at RIAs can benefit from more substantial earnings. Those looking to maximize their compensation in Henderson should consider cultivating a diverse client base and obtaining relevant credentials such as CFP or CFA, which help boost credibility and income potential in an evolving market.
More salary data for Henderson, KY:
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 $70,882 for financial advisorsin the Henderson 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 Henderson 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