Financial Advisor Hourly Pay in Peoria, IL: $54.10 (2026)
Quick Answer:Hourly pay for a financial advisor working in Peoria, IL runs $54.10 at the median for 2026 — annualizing to $112,525 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Peoria's regional price level (BEA RPP 91.2, 9% below national), each hour of work buys what $59.30 nationally would. A 24-hour part-time schedule grosses $67,515 per year.
Official BLS data · View source
In Peoria, Illinois, financial advisors earn a median hourly rate of $54.10, surpassing the national median of $52.18. This competitive hourly pay positions Peoria well within the financial services sector, especially for advisors working in various settings, including wirehouse branch offices, registered investment advisory (RIA) environments, and virtual planning meetings. For part-time professionals, such as those committing to a three-day workweek, the hourly compensation can translate into a substantial income while offering flexibility. The hourly range for financial advisors in Peoria varies significantly, starting at $31.13 for entry-level positions and reaching as high as $146.90 for top earners, demonstrating the diverse opportunities available based on experience and specialization. This information is drawn from projections based on 2025 BLS OEWS data, which indicate a vibrant local market for financial advising.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.13 | $249.08 |
| Lower Range (P25) | $37.00 | $296.02 |
| Median (P50) | $54.10 | $432.79 |
| Upper Range (P75) | $85.17 | $681.37 |
| Top Earners (P90) | $146.90 | $1175.22 |
Estimated Annual Income by Work Schedule in Peoria
Based on $54.10/hr median hourly rate · 2026 est.
At $54.10/hr, a financial advisor working full-time (40 hr/wk) in Peoria, IL can expect to earn approximately $112,524 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,918. With a cost-of-living index of 91.23 (below the national average), these earnings stretch further in Peoria.
Hourly Rate Calculator
Schedule Comparison in Peoria
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,163.93 | $9,377 | $112,524 |
| Part-Time (24 hrs) | $1,298.36 | $5,626 | $67,515 |
| Per Diem (16 hrs) | $865.57 | $3,751 | $45,010 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Peoria) | $54.10 |
| 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 Peoria, IL earn a median of $112,525 per year (2026 est.), which is 3.67% higher than the national median of $108,537 and 3.10% below the Illinois state average of $116,125.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $54.10/hr = $67,515/year (purchasing power: $74,004).
Working 40h/week (full-time) = $112,524/year (purchasing power: $123,340).
CoL index: 91.231 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$37.79/hr
2025 BLS Actual
$52.37/hr
2026 Current Est.
$54.10/hr
2019–2027 Growth
+47.9%
Hourly Rate Trajectory for Financial Advisors in Peoria (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $37.79/hr | Actual |
| 2020 | $37.51/hr | Actual |
| 2021 | $44.84/hr | Actual |
| 2022 | $38.69/hr | Actual |
| 2023 | $44.91/hr | Actual |
| 2024 | $49.34/hr | Actual |
| 2025 | $52.37/hr | Actual |
| 2026(current) | $54.10/hr | Estimated |
| 2027 | $55.88/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Peoria grew 38.6% from $37.79/hr (2019) to $52.37/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $55.88/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 Peoria 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 Peoria
Examining the financial advisor hourly pay in Peoria reveals that a part-time advisor working 24 hours a week can earn over $64,000 annually, a significant amount compared to many professions. However, those pursuing per-diem financial advisor pay in Peoria often find themselves in less predictable financial situations, particularly at junior levels where stable employment tends to dominate the landscape. Senior fiduciary advisors who take on project-based work may charge between $3,000 and $15,000 for comprehensive plans or retainers ranging from $5,000 to $25,000 for retirement plan consulting. Furthermore, hourly rates frequently depend on the employer type, with wirehouses like Morgan Stanley or Merrill Lynch often providing solid benefits at potentially lower hourly rates than independent broker-dealers or RIAs, offering higher pay without benefits. Advisors must navigate these decisions thoughtfully, weighing the trade-offs between hourly rates and the stability that comes with benefits, while also utilizing effective negotiation strategies to secure their desired compensation in the competitive Peoria market.
More salary data for Peoria, 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 Peoria. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 7-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