Financial Advisor Salary in Norfolk, NE: $92,491 (2026)
Quick Answer:A full-time financial advisor in Norfolk, NE earns a median $92,491/year (≈ $44.47/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Norfolk's price level (8% below national, BEA RPP 91.5), that paycheck buys what $101,083 would nationally. Nominal pay sits 6.9% below the Nebraska state average.
Based on BLS state-level estimates · View source
In Norfolk, NE, financial advisors earn a median annual salary of $92,491 in 2026, a figure that reflects the local market distinctiveness compared to the national median of $108,537. The salary range for these professionals varies significantly from $53,645 at the 10th percentile to $143,361 at the 90th percentile, indicating a diverse earnings landscape shaped largely by the structural divide between wirehouses and Registered Investment Advisors (RIAs). The compensation models differ, with wirehouses often relying on commission-based structures while RIAs predominantly use an assets under management (AUM) fee approach. These factors, alongside local cost-of-living adjustments, provide unique insights into how financial advisor salaries are determined in Norfolk's job market.
About the Norfolk Market
Salary estimated from Nebraska average ($92,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $53,645 | $25.79 |
| Lower Range (P25) | $67,121 | $32.27 |
| Median (P50)(typical) | $92,491 | $44.47 |
| Upper Range (P75) | $118,388 | $56.92 |
| Top Earners (P90) | $143,361 | $68.92 |
Median Salary Position
14.78% below the national average
2026 Salary Percentile Distribution in Norfolk
In Norfolk, NE, the financial advisor salary spread from the 10th to 90th percentile is $89,716 (2026 est.). At $92,491, the local median is 14.78% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Norfolk: You'd be in the lower-middle range
How Norfolk Financial Advisor Pay Compares
Norfolk median: $92,491/year (2026)
| Compared To | Median Salary | Norfolk Pays |
|---|---|---|
| Nebraska Average | $99,346 | -6.90% less |
| National Average | $108,537 | -14.78% less |
Financial Advisors in Norfolk, NE earn a median of $92,491 per year (2026 est.), which is 14.78% lower than the national median of $108,537 and 6.90% below the Nebraska state average of $99,346.
Cost-of-Living Adjusted Salary
Norfolk has a cost of living 8.50% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Norfolk, NE has a cost-of-living index of 91.5 (below the national average of 100). A financial advisor earning $92,491 nominally has purchasing power equivalent to $101,083 in an average-cost city — an effective 9.29% boost.
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2019 BLS Actual
$74,862
2025 BLS Actual
$89,536
2026 Current Est.
$92,491
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Norfolk (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $74,862 | Actual |
| 2020 | $76,123 | Actual |
| 2021 | $80,248 | Actual |
| 2022 | $81,287 | Actual |
| 2023 | $84,858 | Actual |
| 2024 | $78,398 | Actual |
| 2025 | $89,536 | Actual |
| 2026(current) | $92,491 | Estimated |
| 2027 | $95,543 | Projected |
Based on 7 years of BLS OEWS data for the Norfolk metropolitan area, the median financial advisor salary grew 19.6% from $74,862 (2019) to $89,536 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $95,543 by 2027 — a total increase of $20,681 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Norfolk 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) | $53,645 – $67,121 |
| 3-5 years (Mid Career) | $67,121 – $92,491 |
| 5+ years (Experienced) | $92,491 – $118,388 |
| 10+ years (Top Earner) | $118,388 – $143,361 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Norfolk
Currently, six financial advisors are employed in Norfolk, revealing a niche market for this profession within the region. With a cost of living index of 91.5, the purchasing power for advisors here is relatively favorable compared to the national average. Among local firms, wirehouses like Morgan Stanley and UBS tend to offer higher salaries, particularly due to their broader resources and sometimes larger client bases, yet many advisors are finding success within RIAs and independent broker-dealers. The disparity in pay can be attributed to factors such as the AUM book size, credentialing—like CFP or CFA qualifications—and client concentration, which significantly influence potential earnings. For those in Norfolk aiming to maximize their financial advisor pay, developing a strong personal brand, building a high-net-worth clientele, and seeking partnerships within independent advisory firms can offer pathways to greater compensation than the traditional wirehouse model.
More salary data for Norfolk, NE:
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 $89,536 for financial advisorsin the Norfolk 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 Norfolk 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