Financial Advisor Salary in Streamwood, IL: $110,957 (2026)
Quick Answer:A full-time financial advisor in Streamwood, IL earns a median $110,957/year (≈ $53.34/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Streamwood's price level (3% below national, BEA RPP 97.1), that paycheck buys what $114,271 would nationally. Nominal pay sits 4.4% below the Illinois state average.
Based on BLS state-level estimates · View source
In Streamwood, IL, the financial advisor salary is projected to reach a median of $110,957 in 2026, slightly above the national figure of $108,537. The local salary range reflects significant variability, with earnings spanning from $64,355 at the 10th percentile to $171,983 for those at the 90th percentile. These estimates, derived from BLS state-level data and adjusted for regional costs, suggest a thriving opportunity for financial professionals in this suburban market. The increasing demand for credentialed advisors, particularly those holding CFP designations, aligns with the growing preference for fiduciary fee-only services, which are gaining traction over traditional commission-based models.
About the Streamwood Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $64,355 | $30.94 |
| Lower Range (P25) | $79,889 | $38.41 |
| Median (P50)(typical) | $110,957 | $53.34 |
| Upper Range (P75) | $142,024 | $68.28 |
| Top Earners (P90) | $171,983 | $82.68 |
Median Salary Position
2.23% above the national average
2026 Salary Percentile Distribution in Streamwood
In Streamwood, IL, the financial advisor salary spread from the 10th to 90th percentile is $107,628 (2026 est.). At $110,957, the local median is 2.23% above the national median of $108,537.
Salary Calculator
At 40 hours/week in Streamwood: You'd be in the lower-middle range
How Streamwood Financial Advisor Pay Compares
Streamwood median: $110,957/year (2026)
| Compared To | Median Salary | Streamwood Pays |
|---|---|---|
| Illinois Average | $116,063 | -4.40% less |
| National Average | $108,537 | +2.23% more |
Financial Advisors in Streamwood, IL earn a median of $110,957 per year (2026 est.), which is 2.23% higher than the national median of $108,537 and 4.40% below the Illinois state average of $116,063.
Cost-of-Living Adjusted Salary
Streamwood 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.
Streamwood, IL has a cost-of-living index of 97.1 (below the national average of 100). A financial advisor earning $110,957 nominally has purchasing power equivalent to $114,271 in an average-cost city — an effective 2.99% boost.
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2019 BLS Actual
$89,808
2025 BLS Actual
$107,412
2026 Current Est.
$110,957
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Streamwood (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $89,808 | Actual |
| 2020 | $91,321 | Actual |
| 2021 | $96,269 | Actual |
| 2022 | $97,516 | Actual |
| 2023 | $101,800 | Actual |
| 2024 | $106,734 | Actual |
| 2025 | $107,412 | Actual |
| 2026(current) | $110,957 | Estimated |
| 2027 | $114,618 | Projected |
Based on 7 years of BLS OEWS data for the Streamwood metropolitan area, the median financial advisor salary grew 19.6% from $89,808 (2019) to $107,412 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $114,618 by 2027 — a total increase of $24,810 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Streamwood 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) | $64,355 – $79,889 |
| 3-5 years (Mid Career) | $79,889 – $110,957 |
| 5+ years (Experienced) | $110,957 – $142,024 |
| 10+ years (Top Earner) | $142,024 – $171,983 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Streamwood
With only eight financial advisors currently employed in Streamwood, the local job market appears specialized yet competitive. The cost of living index at 97.1 indicates that essential expenses are relatively lower than national averages, enhancing the purchasing power of salaries in this field. Among notable employers, independent RIAs and wirehouses tend to offer higher compensation, particularly for advisors adept in managing substantial assets under management (AUM). The spread in salaries can be attributed to factors such as the fee structures adopted—1% AUM at RIAs versus commissions at wirehouses—as well as client concentration and credential premiums. For those looking to maximize their financial advisor pay in Streamwood, strategic networking within the community and pursuing additional certifications like the CFP can significantly enhance career prospects.
More salary data for Streamwood, 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 $107,412 for financial advisorsin the Streamwood 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 Streamwood 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