Financial Advisor Salary in Elmhurst, IL: $109,813 (2026)
Quick Answer:A full-time financial advisor in Elmhurst, IL earns a median $109,813/year (≈ $52.80/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Elmhurst's price level (3% below national, BEA RPP 97.1), that paycheck buys what $113,093 would nationally. Nominal pay sits 5.4% below the Illinois state average.
Based on BLS state-level estimates · View source
Financial advisors in Elmhurst, Illinois, can look forward to a median annual salary of $109,813 in 2026, which is slightly above the national median of $108,537. The salary range for financial advisors spans from $63,692 at the 10th percentile to $170,211 at the 90th percentile, reflecting the varying levels of experience and client portfolios in the local market. Figures provided here are based on 2025 BLS data, projected to 2026, and adjusted to account for regional cost disparities. With an increasing focus on fiduciary fee-only models and the premium associated with possessing a CFP credential, Elmhurst is positioning itself as a competitive market for financial professionals seeking to maximize their earnings while adhering to high ethical standards.
About the Elmhurst Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $63,692 | $30.62 |
| Lower Range (P25) | $79,066 | $38.01 |
| Median (P50)(typical) | $109,813 | $52.80 |
| Upper Range (P75) | $140,560 | $67.58 |
| Top Earners (P90) | $170,211 | $81.83 |
Median Salary Position
1.18% above the national average
2026 Salary Percentile Distribution in Elmhurst
In Elmhurst, IL, the financial advisor salary spread from the 10th to 90th percentile is $106,519 (2026 est.). At $109,813, the local median is 1.18% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Elmhurst: You'd be in the lower-middle range
How Elmhurst Financial Advisor Pay Compares
Elmhurst median: $109,813/year (2026)
| Compared To | Median Salary | Elmhurst Pays |
|---|---|---|
| Illinois Average | $116,081 | -5.40% less |
| National Average | $108,537 | +1.18% more |
Financial Advisors in Elmhurst, IL earn a median of $109,813 per year (2026 est.), which is 1.18% higher than the national median of $108,537 and 5.40% below the Illinois state average of $116,081.
Cost-of-Living Adjusted Salary
Elmhurst has a cost of living 2.90% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Elmhurst, IL has a cost-of-living index of 97.1 (below the national average of 100). A financial advisor earning $109,813 nominally has purchasing power equivalent to $113,093 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$88,883
2025 BLS Actual
$106,305
2026 Current Est.
$109,813
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Elmhurst (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $88,883 | Actual |
| 2020 | $90,380 | Actual |
| 2021 | $95,277 | Actual |
| 2022 | $96,511 | Actual |
| 2023 | $100,750 | Actual |
| 2024 | $105,633 | Actual |
| 2025 | $106,305 | Actual |
| 2026(current) | $109,813 | Estimated |
| 2027 | $113,437 | Projected |
Based on 7 years of BLS OEWS data for the Elmhurst metropolitan area, the median financial advisor salary grew 19.6% from $88,883 (2019) to $106,305 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $113,437 by 2027 — a total increase of $24,554 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Elmhurst 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) | $63,692 – $79,066 |
| 3-5 years (Mid Career) | $79,066 – $109,813 |
| 5+ years (Experienced) | $109,813 – $140,560 |
| 10+ years (Top Earner) | $140,560 – $170,211 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Elmhurst
In Elmhurst, IL, the job market for financial advisors remains relatively small, with only nine professionals currently employed in the area. The cost of living index stands at 97.1, indicating that financial advisors' salaries stretch further than those in higher-cost regions. Notable employers include wirehouses like Morgan Stanley and Merrill Lynch, often offering lucrative compensation packages, but independent Registered Investment Advisors (RIAs) are becoming increasingly competitive due to their fiduciary models and potential to retain high-net-worth clients. The significant variation in pay can frequently be attributed to factors such as assets under management, fee structures, and client demographics. For those aiming to maximize their financial advisor pay in Elmhurst, successfully transitioning from commission-based compensation at wirehouses to a fee-based model at RIAs may offer a path to improved earnings, particularly for those equipped with valuable certifications like the CFP or CFA.
More salary data for Elmhurst, 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
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 $106,305 for financial advisorsin the Elmhurst 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 Elmhurst 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