Financial Advisor Hourly Pay in O'Fallon, IL: $54.37 (2026)
Quick Answer:Hourly pay for a financial advisor working in O'Fallon, IL runs $54.37 at the median for 2026 — annualizing to $113,092 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against O'Fallon's regional price level (BEA RPP 97.1, 3% below national), each hour of work buys what $55.99 nationally would. A 24-hour part-time schedule grosses $67,850 per year.
Based on BLS state-level estimates · View source
In O'Fallon, Illinois, financial advisors can expect a median hourly pay of $54.37, which is notably higher than the national median of $52.18. This compensation reflects the evolving financial services landscape where advisors work in various settings, including wirehouse branch offices, Registered Investment Advisor (RIA) firms, bank private banking suites, and even client homes. For part-time advisors working three days a week, this hourly rate can translate to meaningful income, making it a viable option for those not pursuing full-time roles. Entry-level advisors in O'Fallon may earn around $31.54 per hour, while seasoned professionals can command up to approximately $84.27, showcasing the potential for significant career advancement.
About the O'Fallon 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) | $31.54 | $252.30 |
| Lower Range (P25) | $39.15 | $313.21 |
| Median (P50) | $54.37 | $434.93 |
| Upper Range (P75) | $69.59 | $556.75 |
| Top Earners (P90) | $84.27 | $674.18 |
Estimated Annual Income by Work Schedule in O'Fallon
Based on $54.37/hr median hourly rate · 2026 est.
At $54.37/hr, a financial advisor working full-time (40 hr/wk) in O'Fallon, IL can expect to earn approximately $113,083 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $65,240. With a cost-of-living index of 97.10 (below the national average), these earnings stretch further in O'Fallon.
Hourly Rate Calculator
Schedule Comparison in O'Fallon
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,174.67 | $9,424 | $113,083 |
| Part-Time (24 hrs) | $1,304.80 | $5,654 | $67,850 |
| Per Diem (16 hrs) | $869.87 | $3,769 | $45,233 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (O'Fallon) | $54.37 |
| 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 O'Fallon, IL earn a median of $113,092 per year (2026 est.), which is 4.20% higher than the national median of $108,537 and 2.60% below the Illinois state average of $116,111.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $54.37/hr = $67,850/year (purchasing power: $69,876).
Working 40h/week (full-time) = $113,083/year (purchasing power: $116,460).
CoL index: 97.1 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$44.00/hr
2025 BLS Actual
$52.63/hr
2026 Current Est.
$54.37/hr
2019–2027 Growth
+27.6%
Hourly Rate Trajectory for Financial Advisors in O'Fallon (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $44.00/hr | Actual |
| 2020 | $44.75/hr | Actual |
| 2021 | $47.17/hr | Actual |
| 2022 | $47.78/hr | Actual |
| 2023 | $49.88/hr | Actual |
| 2024 | $52.30/hr | Actual |
| 2025 | $52.63/hr | Actual |
| 2026(current) | $54.37/hr | Estimated |
| 2027 | $56.16/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in O'Fallon grew 19.6% from $44.00/hr (2019) to $52.63/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $56.16/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 O'Fallon 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 O'Fallon
When considering the financial prospects for part-time or per-diem positions, a financial advisor working 24 hours a week could take home close to $67,588 annually, offering a compelling alternative to full-time work. The per diem work model can present unique challenges in O'Fallon, especially for junior advisors, as they are less likely to find contract opportunities. Experienced fiduciary advisors typically charge substantial fees for project-based financial plans, with comprehensive plans ranging from $3,000 to $15,000. Different employer types also influence hourly rates; for instance, advisors at wirehouses like Morgan Stanley may operate under an AUM-based fee model, while independent broker-dealers and RIAs often follow a fee-only structure. Some advisors might accept a lower hourly rate in exchange for benefits like health insurance, while others may prefer the flexibility that comes with higher pay and no benefits. Negotiation strategies in O'Fallon could greatly impact earning potential, making understanding the local market critical for those entering or currently engaged in the profession.
More salary data for O'Fallon, IL:
Frequently Asked Questions
What is the hourly rate for financial advisors in O'Fallon in 2026?
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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 O'Fallon. 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 O'Fallon 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