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 Overview in Illinois (2026)
Illinois ranks #16 out of 50 states for financial advisor compensation. Illinois falls in the middle of the pack for financial advisor pay, offering salaries near the national average. At $96,344 per year, financial advisors in Illinois earn $954 more than the national median of $95,390.
Illinois's cost of living is near the national average at 95%, meaning financial advisor salaries here translate closely to their face value in purchasing power.
The salary spread in Illinois is significant: financial advisors at the 10th percentile earn $44,844, while those at the 90th percentile bring home $241,390 — a $196,546 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Illinois for this role is Naperville, where the median reaches $108,745.
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Illinois and beyond.
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.
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See Investment Options →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 |
Financial Advisor Salary by City in Illinois
The largest employment areas for financial advisors in Illinois include Chicago, Aurora, Naperville, and Rockford. Salaries vary by city based on local cost of living and demand.
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.
Negotiate Your Way to Senior Pay
Data shows Financial Advisors who negotiate earn 7–15% more. A single negotiation could add $85,456 over your career trajectory.
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