Financial Advisor Hourly Pay in Buffalo Grove, IL: $54.79 (2026)
Quick Answer:Hourly pay for a financial advisor working in Buffalo Grove, IL runs $54.79 at the median for 2026 — annualizing to $113,966 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Buffalo Grove's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $56.43 nationally would. A 24-hour part-time schedule grosses $68,378 per year.
Based on BLS state-level estimates · View source
In Buffalo Grove, the financial advisor hourly pay stands at a median of $54.79, positioning it slightly above the national median of $52.18. This competitive rate opens opportunities for both part-time workers and those seeking per-diem assignments within diverse environments, including wirehouse branch offices, client home visits, or remote planning meetings. Entry-level advisors can earn approximately $31.78 per hour, while top earners in private banking or specialized consulting might see pay range up to $84.92 per hour. These figures are drawn from annual salary projections, highlighting the earning potential across the spectrum of experience and client engagement strategies typical in this profession.
About the Buffalo Grove Market
Salary estimated from Illinois average ($115,000) adjusted for local cost of living.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $31.78 | $254.20 |
| Lower Range (P25) | $39.45 | $315.60 |
| Median (P50) | $54.79 | $438.32 |
| Upper Range (P75) | $70.13 | $561.04 |
| Top Earners (P90) | $84.92 | $679.38 |
Estimated Annual Income by Work Schedule in Buffalo Grove
Based on $54.79/hr median hourly rate · 2026 est.
At $54.79/hr, a financial advisor working full-time (40 hr/wk) in Buffalo Grove, IL can expect to earn approximately $113,964 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $65,748. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Buffalo Grove.
Hourly Rate Calculator
Schedule Comparison in Buffalo Grove
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,191.61 | $9,497 | $113,964 |
| Part-Time (24 hrs) | $1,314.97 | $5,698 | $68,378 |
| Per Diem (16 hrs) | $876.65 | $3,799 | $45,586 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Buffalo Grove) | $54.79 |
| 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 Buffalo Grove, IL earn a median of $113,966 per year (2026 est.), which is 5.00% higher than the national median of $108,537 and 1.80% below the Illinois state average of $116,055.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $54.79/hr = $68,378/year (purchasing power: $70,421).
Working 40h/week (full-time) = $113,964/year (purchasing power: $117,368).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.35/hr
2025 BLS Actual
$53.04/hr
2026 Current Est.
$54.79/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Buffalo Grove (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.35/hr | Actual |
| 2020 | $45.09/hr | Actual |
| 2021 | $47.54/hr | Actual |
| 2022 | $48.15/hr | Actual |
| 2023 | $50.27/hr | Actual |
| 2024 | $52.71/hr | Actual |
| 2025 | $53.04/hr | Actual |
| 2026(current) | $54.79/hr | Estimated |
| 2027 | $56.60/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Buffalo Grove grew 19.6% from $44.35/hr (2019) to $53.04/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $56.60/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 Buffalo Grove 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 Buffalo Grove
Part-time financial advisors working three days a week can expect unique earning dynamics compared to full-time counterparts. For instance, a 24-hour workweek may bring in a notable income, enabling some to comfortably sustain themselves while enjoying a flexible schedule. Although per-diem financial advisor work isn't prevalent among junior advisors, experienced professionals can demand substantial fees for project-based services—these comprehensive plans typically range from $3,000 to $15,000, with retainers for small business consultations reaching annual figures of $5,000 to $25,000. Hourly rates can differ significantly depending on the employer type, with wirehouses often providing benefits that might justify lower pay compared to independent advisors or solo practitioners who command higher hourly rates without health insurance. When negotiating, candidates in Buffalo Grove should weigh the benefits a firm offers against potential earnings, ensuring they strike a balance that aligns with their personal and financial goals.
More salary data for Buffalo Grove, 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 Buffalo Grove. Part-time and full-time income estimates assume consistent weekly hours and do not account for overtime, benefits, or seasonal variation.
Data Sources & Methodology
Salary data for Buffalo Grove 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