Financial Advisor Hourly Pay in Carol Stream, IL: $54.11 (2026)
Quick Answer:Hourly pay for a financial advisor working in Carol Stream, IL runs $54.11 at the median for 2026 — annualizing to $112,552 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Carol Stream's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $55.72 nationally would. A 24-hour part-time schedule grosses $67,527 per year.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Carol Stream, Illinois, command a median hourly pay of $54.11, surpassing the national hourly median of $52.18. This competitive rate opens various avenues for part-time professionals, such as those working three days a week, potentially earning over $41,000 per year without committing to a full-time schedule. For per-diem financial advisors, typically operating within wirehouse branch offices, RIA conference rooms, or even conducting client meetings in person or virtually, the hourly compensation reflects an entry-level pay scale around $31.38, climbing to $83.87 for top earners. The broad range of hourly rates indicates a healthy market for advisors operating in various sectors, from insurance agencies to private banking suites, providing ample opportunity for both new entrants and seasoned professionals in Carol Stream.
About the Carol Stream Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.38 | $251.06 |
| Lower Range (P25) | $39.23 | $313.87 |
| Median (P50) | $54.11 | $432.87 |
| Upper Range (P75) | $69.26 | $554.10 |
| Top Earners (P90) | $83.87 | $670.95 |
Estimated Annual Income by Work Schedule in Carol Stream
Based on $54.11/hr median hourly rate · 2026 est.
At $54.11/hr, a financial advisor working full-time (40 hr/wk) in Carol Stream, IL can expect to earn approximately $112,546 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,930. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Carol Stream.
Hourly Rate Calculator
Schedule Comparison in Carol Stream
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,164.34 | $9,379 | $112,546 |
| Part-Time (24 hrs) | $1,298.60 | $5,627 | $67,527 |
| Per Diem (16 hrs) | $865.74 | $3,752 | $45,018 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Carol Stream) | $54.11 |
| 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 Carol Stream, IL earn a median of $112,552 per year (2026 est.), which is 3.70% higher than the national median of $108,537 and 3.00% below the Illinois state average of $116,033.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $54.11/hr = $67,527/year (purchasing power: $69,544).
Working 40h/week (full-time) = $112,546/year (purchasing power: $115,907).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.80/hr
2025 BLS Actual
$52.38/hr
2026 Current Est.
$54.11/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Carol Stream (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.80/hr | Actual |
| 2020 | $44.53/hr | Actual |
| 2021 | $46.95/hr | Actual |
| 2022 | $47.55/hr | Actual |
| 2023 | $49.64/hr | Actual |
| 2024 | $52.05/hr | Actual |
| 2025 | $52.38/hr | Actual |
| 2026(current) | $54.11/hr | Estimated |
| 2027 | $55.89/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Carol Stream grew 19.6% from $43.80/hr (2019) to $52.38/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $55.89/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 Carol Stream 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 Carol Stream
The earning potential for part-time financial advisors varies significantly, especially when considering a three-day workweek totaling 24 hours of client interaction. A financial advisor working this schedule could expect to earn around $38,730 annually, compared to a full-time peer whose average earnings would exceed $112,552 yearly. In the realm of per-diem work, established fiduciary advisors can charge premiums for specialized services, with project-based financial plans reaching $3,000 to $15,000 and small business retirement consulting commanding annual retainers of $5,000 to $25,000. Hourly compensation can differ based on employer type; for instance, wirehouses may provide higher base rates but typically come with greater pressure and fewer benefits compared to independent RIAs, which offer more flexibility but potentially lower pay per hour. Advisors must weigh the trade-offs of taking a lower hourly role with benefits against a higher rate without, and adept negotiation skills are essential to secure favorable terms in Carol Stream’s diverse financial services marketplace.
More salary data for Carol Stream, IL:
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 Carol Stream. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Carol Stream 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