Financial Advisor Hourly Pay in Bloomington, IL: $70.06 (2026)
Quick Answer:Hourly pay for a financial advisor working in Bloomington, IL runs $70.06 at the median for 2026 — annualizing to $145,725 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Bloomington's regional price level (BEA RPP 93.5, 6% below national), each hour of work buys what $74.90 nationally would. A 24-hour part-time schedule grosses $87,432 per year.
Official BLS data · View source
In Bloomington, Illinois, financial advisors earn a median hourly rate of $70.06, significantly surpassing the national hourly median of $52.18. This robust compensation reflects the city’s local demand for financial expertise, especially suitable for part-time workers aiming to maintain a flexible schedule, such as those working three days a week. With the nature of the profession allowing for client meetings in various settings—from wirehouses to remote consultation—many advisors can work as per-diem professionals or take on freelance projects. Entry-level positions start at around $29.02 per hour, while the top 10% can earn as much as $172.31 hourly. These figures, derived from projected 2026 BLS data, illustrate a diverse income potential shaped by the unique economic conditions in Bloomington.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $29.02 | $232.14 |
| Lower Range (P25) | $41.64 | $333.12 |
| Median (P50) | $70.06 | $560.46 |
| Upper Range (P75) | $110.37 | $882.93 |
| Top Earners (P90) | $172.31 | $1378.52 |
Estimated Annual Income by Work Schedule in Bloomington
Based on $70.06/hr median hourly rate · 2026 est.
At $70.06/hr, a financial advisor working full-time (40 hr/wk) in Bloomington, IL can expect to earn approximately $145,721 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $84,070. With a cost-of-living index of 93.54 (below the national average), these earnings stretch further in Bloomington.
Hourly Rate Calculator
Schedule Comparison in Bloomington
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,802.32 | $12,143 | $145,721 |
| Part-Time (24 hrs) | $1,681.39 | $7,286 | $87,432 |
| Per Diem (16 hrs) | $1,120.93 | $4,857 | $58,288 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Bloomington) | $70.06 |
| 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 Bloomington, IL earn a median of $145,725 per year (2026 est.), which is 34.26% higher than the national median of $108,537 and 25.50% above the Illinois state average of $116,116.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $70.06/hr = $87,432/year (purchasing power: $93,474).
Working 40h/week (full-time) = $145,721/year (purchasing power: $155,789).
CoL index: 93.537 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$56.70/hr
2025 BLS Actual
$67.82/hr
2026 Current Est.
$70.06/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Bloomington (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $56.70/hr | Actual |
| 2020 | $36.71/hr | Actual |
| 2021 | $29.45/hr | Actual |
| 2022 | $37.76/hr | Actual |
| 2023 | $43.66/hr | Actual |
| 2024 | $48.87/hr | Actual |
| 2025 | $67.82/hr | Actual |
| 2026(current) | $70.06/hr | Estimated |
| 2027 | $72.37/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Bloomington grew 19.6% from $56.70/hr (2019) to $67.82/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $72.37/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 Bloomington 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 Bloomington
Turning to the part-time landscape, a financial advisor working 24 hours a week in Bloomington could potentially earn about $87,888 annually, contrasting with full-time counterparts who typically enjoy greater stability and benefits. In some cases, experienced advisors working on a per-diem or contract basis may charge $3,000 to $15,000 for comprehensive financial plans, highlighting the lucrative opportunities available for specialists. Employers across the city, including wirehouses like Morgan Stanley and independent broker-dealers like LPL, range in how they compensate talent; advisors at smaller firms may find lower rates but also benefit from structured benefits like health insurance. As the financial advisory field continues to evolve, with a noted shift toward fee-only fiduciary practices, many advisors must carefully consider their hourly rate against the benefits offered, including job security. Negotiation skills remain essential for those operating in the hourly wage model, particularly in a market driven by client-specific demands and service expectations in Bloomington, IL.
More salary data for Bloomington, 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 Bloomington. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Source: BLS, OEWS, 6-year dataset (–). Per-city data from annual BLS metropolitan area surveys.
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