Financial Advisor Hourly Pay in Des Plaines, IL: $53.95 (2026)
Quick Answer:Hourly pay for a financial advisor working in Des Plaines, IL runs $53.95 at the median for 2026 — annualizing to $112,224 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Des Plaines's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $55.56 nationally would. A 24-hour part-time schedule grosses $67,334 per year.
Based on BLS state-level estimates · View source
In 2026, the financial advisor hourly pay in Des Plaines, Illinois, is projected at $53.95, which reflects a competitive edge over the national median of $52.18. This hourly rate is particularly relevant for those in part-time or per-diem roles, commonly found in wirehouse branch offices, RIA conference rooms, and various client meeting settings. For financial advisors working only three days a week, budgeting at 24 hours can still yield an attractive income, allowing for flexibility alongside a robust salary spectrum that ranges from $31.29 at the entry level to as high as $83.63 for top earners. These estimates, derived from annual salary data, provide insights into how hourly work aligns with overarching economic trends and the evolving needs of clients.
About the Des Plaines 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) | $31.29 | $250.32 |
| Lower Range (P25) | $38.85 | $310.81 |
| Median (P50) | $53.95 | $431.63 |
| Upper Range (P75) | $69.06 | $552.45 |
| Top Earners (P90) | $83.63 | $669.05 |
Estimated Annual Income by Work Schedule in Des Plaines
Based on $53.95/hr median hourly rate · 2026 est.
At $53.95/hr, a financial advisor working full-time (40 hr/wk) in Des Plaines, IL can expect to earn approximately $112,223 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $64,744. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Des Plaines.
Hourly Rate Calculator
Schedule Comparison in Des Plaines
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,158.14 | $9,352 | $112,223 |
| Part-Time (24 hrs) | $1,294.89 | $5,611 | $67,334 |
| Per Diem (16 hrs) | $863.26 | $3,741 | $44,889 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Des Plaines) | $53.95 |
| 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 Des Plaines, IL earn a median of $112,224 per year (2026 est.), which is 3.40% higher than the national median of $108,537 and 3.30% below the Illinois state average of $116,054.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $53.95/hr = $67,334/year (purchasing power: $69,345).
Working 40h/week (full-time) = $112,223/year (purchasing power: $115,575).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$43.67/hr
2025 BLS Actual
$52.23/hr
2026 Current Est.
$53.95/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Des Plaines (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $43.67/hr | Actual |
| 2020 | $44.41/hr | Actual |
| 2021 | $46.81/hr | Actual |
| 2022 | $47.42/hr | Actual |
| 2023 | $49.50/hr | Actual |
| 2024 | $51.90/hr | Actual |
| 2025 | $52.23/hr | Actual |
| 2026(current) | $53.95/hr | Estimated |
| 2027 | $55.73/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Des Plaines grew 19.6% from $43.67/hr (2019) to $52.23/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $55.73/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 Des Plaines 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 Des Plaines
For a financial advisor opting for a part-time schedule, the earnings potential remains substantial, particularly when engaging in specialized projects. A 24-hour workweek could translate into approximately $62,000 annually, significantly less than that of a full-time counterpart, but still considerable when combined with other financial activities such as project-based planning. Per diem financial advisor pay in Des Plaines typically skews higher in fees for experienced practitioners, reflecting an industry where comprehensive plans can command fees ranging from $3,000 to $15,000. Opportunities across diverse employer types—from wirehouses to fee-only RIAs—imply variable hourly rates, where benefits play a key role in compensation decisions. While hourly pay may be lower in positions with health benefits, advisors must assess their needs to find the best fit. Negotiating strategies for hourly workers often center on demonstrating value and expertise, crucial in a market where financial advisors are increasingly expected to adapt to client demands and market changes.
More salary data for Des Plaines, 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 Des Plaines. 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 Des Plaines 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