Financial Advisor Hourly Pay in Springfield, IL: $76.67 (2026)
Quick Answer:Hourly pay for a financial advisor working in Springfield, IL runs $76.67 at the median for 2026 — annualizing to $159,464 at a standard 2,080-hour year. Figures projected from BLS OEWS 2025 (SOC 13-2052). Weighted against Springfield's regional price level (BEA RPP 92.7, 7% below national), each hour of work buys what $82.67 nationally would. A 24-hour part-time schedule grosses $95,683 per year.
Official BLS data · View source
Employing a substantial hourly rate of $76.67, financial advisors in Springfield, Illinois, significantly surpass the national median of $52.18. This disparity highlights the financial benefits for both full-time and part-time professionals in the area, especially for those who choose to work three days a week or engage in per-diem assignments. Advisors typically operate from various settings, including wirehouse branch offices, independent advisory firms, and virtual meetings, making their services accessible to a wide clientele. The hourly rates for financial advisors can vary dramatically, ranging from $30.43 for entry-level positions to an impressive $199.46 for top earners. This data, derived from the official Bureau of Labor Statistics (BLS) OEWS data projected for 2026, showcases the attractive earning potential within this profession.
Financial Advisor Hourly Wage Breakdown
| Percentile | Hourly Rate | Per 8hr Shift |
|---|---|---|
| Entry Level (P10) | $30.43 | $243.46 |
| Lower Range (P25) | $41.88 | $335.02 |
| Median (P50) | $76.67 | $613.35 |
| Upper Range (P75) | $115.59 | $924.74 |
| Top Earners (P90) | $199.46 | $1595.70 |
Estimated Annual Income by Work Schedule in Springfield
Based on $76.67/hr median hourly rate · 2026 est.
At $76.67/hr, a financial advisor working full-time (40 hr/wk) in Springfield, IL can expect to earn approximately $159,472 per year (2026 est.). Part-time hygienists working 24 hours per week would earn around $92,003. With a cost-of-living index of 92.75 (below the national average), these earnings stretch further in Springfield.
Hourly Rate Calculator
Schedule Comparison in Springfield
| Schedule | Weekly | Monthly | Annual |
|---|---|---|---|
| Full-Time (40 hrs) | $3,066.77 | $13,289 | $159,472 |
| Part-Time (24 hrs) | $1,840.06 | $7,974 | $95,683 |
| Per Diem (16 hrs) | $1,226.71 | $5,316 | $63,789 |
Compare CFP, FA Wages With Similar Roles
| Role | Median Hourly |
|---|---|
| Financial Advisor (Springfield) | $76.67 |
| 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 Springfield, IL earn a median of $159,464 per year (2026 est.), which is 46.92% higher than the national median of $108,537 and 37.40% above the Illinois state average of $116,058.
Financial Advisor Hourly Pay vs. Cost of Living
Working 24h/week at $76.67/hr = $95,683/year (purchasing power: $103,168).
Working 40h/week (full-time) = $159,472/year (purchasing power: $171,947).
CoL index: 92.745 (100 = national average). Your dollars stretch further here.
2019 BLS Actual
$41.18/hr
2025 BLS Actual
$74.22/hr
2026 Current Est.
$76.67/hr
2019–2027 Growth
+92.3%
Hourly Rate Trajectory for Financial Advisors in Springfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Hourly Rate | Status |
|---|---|---|
| 2019 | $41.18/hr | Actual |
| 2020 | $38.62/hr | Actual |
| 2021 | $46.17/hr | Actual |
| 2022 | $38.72/hr | Actual |
| 2023 | $48.48/hr | Actual |
| 2024 | $50.22/hr | Actual |
| 2025 | $74.22/hr | Actual |
| 2026(current) | $76.67/hr | Estimated |
| 2027 | $79.20/hr | Projected |
Based on 7 years of BLS OEWS metropolitan area data, the median hourly rate for financial advisors in Springfield grew 80.2% from $41.18/hr (2019) to $74.22/hr (2025). At a 3.30% projected growth rate, hourly pay is expected to reach $79.20/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 Springfield 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 Springfield
When part-time financial advisors work a 24-hour week, their annual earnings can amount to approximately $96,000, a competitive salary compared to many full-time roles. The appeal of per-diem positions, although less common for newcomers, allows seasoned advisors to charge substantial fees for specialized services—such as comprehensive financial plans ranging from $3,000 to $15,000—and retainers for retirement consulting. Compensation often varies based on the type of firm, with hourly rates generally lower in wirehouses but more lucrative in independent firms or as solo practitioners. Advisors might accept lower hourly rates in exchange for benefits such as health insurance, illustrating the trade-offs within the industry. Negotiating effectively is essential, especially for hourly workers in Springfield, and understanding local industry dynamics can facilitate better discussions around pay and expectations.
More salary data for Springfield, IL:
Frequently Asked Questions
What is the hourly rate for financial advisors in Springfield in 2026?
How much do part-time financial advisors make in Springfield?
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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 Springfield. 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