Financial Advisor Salary in Evanston, WY: $97,463 (2026)
Quick Answer:A full-time financial advisor in Evanston, WY earns a median $97,463/year (≈ $46.86/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Evanston's price level (4% below national, BEA RPP 95.8), that paycheck buys what $101,736 would nationally. Nominal pay sits 6.3% below the Wyoming state average.
Based on BLS state-level estimates · View source
Evanston, WY presents a unique landscape for financial advisors, with a projected median annual salary of $97,463 in 2026, which is about 10.20% lower than the national average of $108,537. The salary range for financial advisors in this region varies significantly, from $56,528 at the bottom 10% to $151,067 at the top 90%, reflecting a diverse array of experience and expertise within the market. These figures are estimates derived from 2025 BLS data and adjusted for regional cost factors, indicating both the challenges and opportunities in this setting. With only six financial advisors currently employed in Evanston, the local job market remains relatively small, yet there is potential for growth as more professionals consider transitioning to independent practice.
About the Evanston Market
Salary estimated from Wyoming average ($85,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $56,528 | $27.18 |
| Lower Range (P25) | $71,502 | $34.38 |
| Median (P50)(typical) | $97,463 | $46.86 |
| Upper Range (P75) | $124,752 | $59.98 |
| Top Earners (P90) | $151,067 | $72.63 |
Median Salary Position
10.2% below the national average
2026 Salary Percentile Distribution in Evanston
In Evanston, WY, the financial advisor salary spread from the 10th to 90th percentile is $94,539 (2026 est.). At $97,463, the local median is 10.2% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Evanston: You'd be in the lower-middle range
How Evanston Financial Advisor Pay Compares
Evanston median: $97,463/year (2026)
| Compared To | Median Salary | Evanston Pays |
|---|---|---|
| Wyoming Average | $104,015 | -6.30% less |
| National Average | $108,537 | -10.20% less |
Financial Advisors in Evanston, WY earn a median of $97,463 per year (2026 est.), which is 10.20% lower than the national median of $108,537 and 6.30% below the Wyoming state average of $104,015.
Cost-of-Living Adjusted Salary
Evanston has a cost of living 4.20% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Evanston, WY has a cost-of-living index of 95.8 (below the national average of 100). A financial advisor earning $97,463 nominally has purchasing power equivalent to $101,736 in an average-cost city — an effective 4.38% boost.
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2019 BLS Actual
$78,886
2025 BLS Actual
$94,349
2026 Current Est.
$97,463
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Evanston (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $78,886 | Actual |
| 2020 | $80,215 | Actual |
| 2021 | $84,561 | Actual |
| 2022 | $85,657 | Actual |
| 2023 | $89,419 | Actual |
| 2024 | $76,327 | Actual |
| 2025 | $94,349 | Actual |
| 2026(current) | $97,463 | Estimated |
| 2027 | $100,679 | Projected |
Based on 7 years of BLS OEWS data for the Evanston metropolitan area, the median financial advisor salary grew 19.6% from $78,886 (2019) to $94,349 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $100,679 by 2027 — a total increase of $21,793 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Evanston 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) | $56,528 – $71,502 |
| 3-5 years (Mid Career) | $71,502 – $97,463 |
| 5+ years (Experienced) | $97,463 – $124,752 |
| 10+ years (Top Earner) | $124,752 – $151,067 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Evanston
In assessing financial advisor pay in Evanston WY, understanding the cost-of-living index, which sits at 95.8, underscores the importance of take-home purchasing power. This lower index suggests that despite the regional salaries being below national averages, the affordability may help applicants feel more secure in their financial situations. Among local employers, wirehouses such as Morgan Stanley and Merrill Lynch often provide higher salaries, but many advisors opt for the flexibility and potentially higher long-term earnings available through independent broker-dealers or registered investment advisors (RIAs). The spread in compensation is influenced heavily by factors including assets under management, the fee model—such as the typical 1% AUM fee at RIAs versus commission structures at wirehouses—and client concentration. To maximize earnings in this specific market, advisors should focus on building a substantial client base, potentially earn CFP credentials to enhance legitimacy, and consider strategic partnerships within the growing independent sector.
More salary data for Evanston, WY:
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 $94,349 for financial advisorsin the Evanston 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 Evanston 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