Financial Advisor Hourly Pay in Joliet, IL: $55.45 (2026)
Quick Answer:Hourly pay for a financial advisor working in Joliet, IL runs $55.45 at the median for 2026 — annualizing to $115,335 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Joliet's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $57.11 nationally would. A 24-hour part-time schedule grosses $69,203 per year.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Joliet, Illinois, are projected to earn a median hourly pay of $55.45, which is significantly higher than the national median of $52.18. This difference reflects the nuances of the local job market, potentially benefiting part-time professionals who work three days a week or undertake per-diem roles. With an hourly range spanning from $32.16 at entry-level positions to $85.95 for top-tier earners, advisors can find flexible opportunities across various settings, including wirehouse branch offices, independent firms, and virtual planning meetings. The hourly figures presented are estimates derived from annual salary data, contextualizing the potential for financial advisors in Joliet to adapt their work schedules while still maintaining competitive compensation.
About the Joliet 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) | $32.16 | $257.26 |
| Lower Range (P25) | $39.93 | $319.40 |
| Median (P50) | $55.45 | $443.61 |
| Upper Range (P75) | $70.98 | $567.82 |
| Top Earners (P90) | $85.95 | $687.56 |
Estimated Annual Income by Work Schedule in Joliet
Based on $55.45/hr median hourly rate · 2026 est.
At $55.45/hr, a financial advisor working full-time (40 hr/wk) in Joliet, IL can expect to earn approximately $115,339 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,542. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in Joliet.
Hourly Rate Calculator
Schedule Comparison in Joliet
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,218.06 | $9,612 | $115,339 |
| Part-Time (24 hrs) | $1,330.83 | $5,767 | $69,203 |
| Per Diem (16 hrs) | $887.22 | $3,845 | $46,136 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Joliet) | $55.45 |
| 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 Joliet, IL earn a median of $115,335 per year (2026 est.), which is 6.26% higher than the national median of $108,537 and 0.60% below the Illinois state average of $116,032.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $55.45/hr = $69,203/year (purchasing power: $71,270).
Working 40h/week (full-time) = $115,339/year (purchasing power: $118,784).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.88/hr
2025 BLS Actual
$53.68/hr
2026 Current Est.
$55.45/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in Joliet (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.88/hr | Actual |
| 2020 | $45.64/hr | Actual |
| 2021 | $48.11/hr | Actual |
| 2022 | $48.73/hr | Actual |
| 2023 | $50.88/hr | Actual |
| 2024 | $53.34/hr | Actual |
| 2025 | $53.68/hr | Actual |
| 2026(current) | $55.45/hr | Estimated |
| 2027 | $57.28/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Joliet grew 19.6% from $44.88/hr (2019) to $53.68/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $57.28/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 Joliet 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 Joliet
Exploring part-time earning potential, a financial advisor working 24 hours a week might net an annual income considerably lower than a full-time counterpart, yet it still represents a viable career option for those seeking flexibility. While per-diem or project-based work is less common for junior advisors, seasoned professionals can charge anywhere from $3,000 to $15,000 for comprehensive financial planning services, translating to lucrative hourly rates. Employers in Joliet vary in their compensation structures; wirehouses such as Morgan Stanley or Merrill Lynch generally offer more extensive benefits but at potentially lower hourly rates. Conversely, independent and fee-only RIAs may provide higher hourly compensation but lack benefits, prompting advisors to weigh salary against health insurance options carefully. When negotiating hourly pay, financial advisors in Joliet should focus on demonstrating their expertise, understanding of fiduciary principles, and the value they bring, particularly in a town with a growing emphasis on fiduciary standards and client-centered financial planning.
More salary data for Joliet, 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 Joliet. 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 Joliet 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