Financial Advisor Hourly Pay in Urbana, IL: $55.19 (2026)
Quick Answer:Hourly pay for a financial advisor working in Urbana, IL runs $55.19 at the median for 2026 — annualizing to $114,801 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Urbana's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $56.84 nationally would. A 24-hour part-time schedule grosses $68,881 per year.
Based on BLS state-level estimates · View source
Financial advisors in Urbana, Illinois, command a median hourly rate of $55.19, which is notably higher than the national median of $52.18. This favorable rate illustrates the potential for financial advisors in various work scenarios, whether in traditional settings like wirehouse branches, insurance agency offices, or in flexible environments like remote meetings and at clients' homes. For part-time professionals working three days a week, often totaling around 24 hours, this hourly pay translates into a viable income, depending on the hours logged and client base. The hourly range for financial advisors in Urbana stretches from $32.01 at the entry level to $85.55 for the highest earners, illustrating the diverse earning potential within this field based on experience and specialization.
About the Urbana 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) | $32.01 | $256.10 |
| Lower Range (P25) | $39.81 | $318.49 |
| Median (P50) | $55.19 | $441.55 |
| Upper Range (P75) | $70.65 | $565.17 |
| Top Earners (P90) | $85.55 | $684.42 |
Estimated Annual Income by Work Schedule in Urbana
Based on $55.19/hr median hourly rate · 2026 est.
At $55.19/hr, a financial advisor working full-time (40 hr/wk) in Urbana, IL can expect to earn approximately $114,802 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,232. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Urbana.
Hourly Rate Calculator
Schedule Comparison in Urbana
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,207.73 | $9,567 | $114,802 |
| Part-Time (24 hrs) | $1,324.64 | $5,740 | $68,881 |
| Per Diem (16 hrs) | $883.09 | $3,827 | $45,921 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Urbana) | $55.19 |
| 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 Urbana, IL earn a median of $114,801 per year (2026 est.), which is 5.77% higher than the national median of $108,537 and 1.10% below the Illinois state average of $116,078.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $55.19/hr = $68,881/year (purchasing power: $70,938).
Working 40h/week (full-time) = $114,802/year (purchasing power: $118,231).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.67/hr
2025 BLS Actual
$53.43/hr
2026 Current Est.
$55.19/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Urbana (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.67/hr | Actual |
| 2020 | $45.43/hr | Actual |
| 2021 | $47.89/hr | Actual |
| 2022 | $48.51/hr | Actual |
| 2023 | $50.64/hr | Actual |
| 2024 | $51.89/hr | Actual |
| 2025 | $53.43/hr | Actual |
| 2026(current) | $55.19/hr | Estimated |
| 2027 | $57.01/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Urbana grew 19.6% from $44.67/hr (2019) to $53.43/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $57.01/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 Urbana 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 Urbana
For those operating as per-diem financial advisors in Urbana, per-diem pay can vary widely, particularly for seasoned advisors who market specific financial planning services or consulting arrangements. While junior-level financial advisors may find fewer per-diem opportunities, more experienced professionals can charge between $3,000 and $15,000 for comprehensive financial plans or retainers ranging from $5,000 to $25,000 as they assist small businesses with retirement planning. Hourly rates can differ across employer types; wirehouses like Morgan Stanley or UBS may pay differently compared to independent broker-dealers or RIAs. Advisors might face a trade-off between higher hourly compensation without benefits and more stable rates with employer-sponsored health insurance. Negotiating higher hourly pay can be crucial, especially where competition is fierce. Building a strong value proposition based on advisory credentials, such as CFP certification, can strengthen bargaining positions in the job market in Urbana.
More salary data for Urbana, 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 Urbana. 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 Urbana 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