Financial Advisor Hourly Pay in Rockford, IL: $55.06 (2026)
Quick Answer:Hourly pay for a financial advisor working in Rockford, IL runs $55.06 at the median for 2026 — annualizing to $114,508 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Rockford's regional price level (BEA RPP 92.2, 8% below national), each hour of work buys what $59.75 nationally would. A 24-hour part-time schedule grosses $68,714 per year.
Official BLS data · View source
In Rockford, Illinois, the projected financial advisor hourly pay for 2026 is set at $55.06, which represents a slight increase over the national median hourly rate of $52.18. This favorable hourly wage means that part-time advisors working three days a week can still earn a significant income, particularly in environments such as wirehouse branch offices, Registered Investment Advisors (RIAs), or during remote client meetings. With an hourly range spanning from $26.37 for entry-level professionals to as high as $168.83 for top earners, this profession can cater to both novice and experienced advisors in Rockford. These figures are derived from the Bureau of Labor Statistics (BLS) data, ensuring accuracy and reliability.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $26.37 | $210.98 |
| Lower Range (P25) | $37.14 | $297.09 |
| Median (P50) | $55.06 | $440.47 |
| Upper Range (P75) | $101.50 | $812.02 |
| Top Earners (P90) | $168.83 | $1350.67 |
Estimated Annual Income by Work Schedule in Rockford
Based on $55.06/hr median hourly rate · 2026 est.
At $55.06/hr, a financial advisor working full-time (40 hr/wk) in Rockford, IL can expect to earn approximately $114,523 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $66,071. With a cost-of-living index of 92.15 (below the national average), these earnings stretch further in Rockford.
Hourly Rate Calculator
Schedule Comparison in Rockford
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $2,202.36 | $9,544 | $114,523 |
| Part-Time (24 hrs) | $1,321.41 | $5,726 | $68,714 |
| Per Diem (16 hrs) | $880.94 | $3,817 | $45,809 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Rockford) | $55.06 |
| 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 Rockford, IL earn a median of $114,508 per year (2026 est.), which is 5.50% higher than the national median of $108,537 and 1.40% below the Illinois state average of $116,134.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $55.06/hr = $68,714/year (purchasing power: $74,564).
Working 40h/week (full-time) = $114,523/year (purchasing power: $124,273).
CoL index: 92.154 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$36.08/hr
2025 BLS Actual
$53.30/hr
2026 Current Est.
$55.06/hr
2019–2027 Growth
+57.6%
Hourly Rate Trajectory for Financial Advisors in Rockford (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $36.08/hr | Actual |
| 2020 | $36.47/hr | Actual |
| 2021 | $45.90/hr | Actual |
| 2022 | $38.92/hr | Actual |
| 2023 | $39.84/hr | Actual |
| 2024 | $41.39/hr | Actual |
| 2025 | $53.30/hr | Actual |
| 2026(current) | $55.06/hr | Estimated |
| 2027 | $56.88/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Rockford grew 47.7% from $36.08/hr (2019) to $53.30/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $56.88/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 Rockford 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 Rockford
Considering part-time options, a financial advisor in Rockford working a 24-hour week can expect to earn around $42,256 annually, a notable sum that highlights the potential for flexible work arrangements in this industry. Per diem financial advisor pay in Rockford also presents a unique avenue, with experienced advisors who transition to project-based financial planning charging clients between $3,000 and $15,000 for detailed plans. Typically, hourly rates may vary based on employer types; those connected to wirehouses or banks may enjoy benefits that justify lower hourly rates, while independent advisors prioritizing higher hourly income might navigate a gig-based landscape. For those seeking roles, negotiating for higher hourly rates could be crucial, especially considering the trade-offs between compensation and benefits in diverse employment settings like wirehouses, insurance agencies, or independent firms across IL.
More salary data for Rockford, 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 Rockford. 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, 7-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