Financial Advisor Salary in Gurnee, IL: $114,398 (2026)
Quick Answer:A full-time financial advisor in Gurnee, IL earns a median $114,398/year (≈ $55.00/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Gurnee's price level (3% below national, BEA RPP 97.1), that paycheck buys what $117,815 would nationally. Nominal pay sits 1.5% below the Illinois state average.
Based on BLS state-level estimates · View source
In Gurnee, Illinois, the 2026 financial advisor salary presents a promising picture, with a median compensation projected at $114,398, slightly above the national median of $108,537. This local figure reflects a broader trend where financial advisors with Certified Financial Planner (CFP) credentials command a premium, amid a growing preference for fee-only fiduciary models over traditional commission-based structures. Financial advisors in Gurnee can expect to see salaries ranging from $66,351 at the lower end (P10) to as high as $177,317 for those at the top of the pay scale (P90). These estimates, derived from 2025 BLS state-level data adjusted for regional cost considerations, reveal a competitive job market for advisors willing to embrace evolving client expectations and service models.
About the Gurnee Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $66,351 | $31.90 |
| Lower Range (P25) | $82,366 | $39.59 |
| Median (P50)(typical) | $114,398 | $55.00 |
| Upper Range (P75) | $146,429 | $70.40 |
| Top Earners (P90) | $177,317 | $85.25 |
Median Salary Position
5.40% above the national average
2026 Salary Percentile Distribution in Gurnee
In Gurnee, IL, the financial advisor salary spread from the 10th to 90th percentile is $110,966 (2026 est.). At $114,398, the local median is 5.4% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Gurnee: You'd be in the lower-middle range
How Gurnee Financial Advisor Pay Compares
Gurnee median: $114,398/year (2026)
| Compared To | Median Salary | Gurnee Pays |
|---|---|---|
| Illinois Average | $116,140 | -1.50% less |
| National Average | $108,537 | +5.40% more |
Financial Advisors in Gurnee, IL earn a median of $114,398 per year (2026 est.), which is 5.40% higher than the national median of $108,537 and 1.50% below the Illinois state average of $116,140.
Cost-of-Living Adjusted Salary
Gurnee 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.
Gurnee, IL has a cost-of-living index of 97.1 (below the national average of 100). A financial advisor earning $114,398 nominally has purchasing power equivalent to $117,815 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$92,593
2025 BLS Actual
$110,743
2026 Current Est.
$114,398
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Gurnee (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $92,593 | Actual |
| 2020 | $94,153 | Actual |
| 2021 | $99,254 | Actual |
| 2022 | $100,540 | Actual |
| 2023 | $104,957 | Actual |
| 2024 | $110,044 | Actual |
| 2025 | $110,743 | Actual |
| 2026(current) | $114,398 | Estimated |
| 2027 | $118,173 | Projected |
Based on 7 years of BLS OEWS data for the Gurnee metropolitan area, the median financial advisor salary grew 19.6% from $92,593 (2019) to $110,743 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $118,173 by 2027 — a total increase of $25,580 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Gurnee 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) | $66,351 – $82,366 |
| 3-5 years (Mid Career) | $82,366 – $114,398 |
| 5+ years (Experienced) | $114,398 – $146,429 |
| 10+ years (Top Earner) | $146,429 – $177,317 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Gurnee
The financial advisory profession in Gurnee is supported by a small but stable employment base, with eight local financial advisors currently in practice. The cost-of-living index of 97.1 indicates that living expenses are slightly below the national average, which can enhance take-home pay and overall purchasing power for local professionals. Among employers in the region, wirehouses like Morgan Stanley and Merrill Lynch typically offer higher salaries, but independent Registered Investment Advisors (RIAs) are increasingly attracting talent with appealing compensation structures based on AUM (assets under management). The disparity between low and high earnings often stems from varying business models, client demographics, and advisor credentials; those with a significant book size and higher net worth clientele tend to earn more. For those looking to maximize their financial advisor pay in Gurnee, cultivating niche expertise, obtaining additional certifications such as the CFA, and developing strong relationships with high-net-worth clients can enhance career trajectories in this evolving financial market.
More salary data for Gurnee, 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 $110,743 for financial advisorsin the Gurnee 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 Gurnee 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