Financial Advisor Salary in Illinois
The median financial advisor salary in Illinois is $96,344 per year, which is 1.0% above the national median of $95,390.
Financial Advisor Salary in Illinois by Experience
In Illinois, an entry-level financial advisor earns around $48,480, while experienced professionals earn up to $181,800 per year. The cost of living index in Illinois is 95% of the national average.
Salary Percentiles in Illinois
| Percentile | IL Salary |
|---|---|
| 10th Percentile | $44,844 |
| 25th Percentile | $63,024 |
| Median (50th) | $96,344 |
| 75th Percentile | $150,490 |
| 90th Percentile | $241,390 |
Major Cities for Financial Advisors in Illinois
The largest employment areas for financial advisors in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries in major metro areas may be higher due to increased demand and cost of living.
How to Become a Financial Advisor in Illinois
Education
Most financial advisor positions require a bachelor's degree. Illinois has several accredited institutions offering relevant programs.
Key Skills
Job Outlook in Illinois
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Illinois's demand may vary based on local industry trends.