Financial Advisor Salary in Chicago, Illinois
The median financial advisor salary in Chicago, IL is $107,791 per year, which is 13.0% above the national median and 11.9% above the Illinois state average.
Financial Advisor Salary in Chicago by Experience
In Chicago, an entry-level financial advisor earns around $54,240, while experienced professionals earn up to $203,400 per year. The local cost of living index is 107% of the national average.
Salary Percentiles in Chicago, IL
| Percentile | Chicago |
|---|---|
| 10th Percentile | $50,172 |
| 25th Percentile | $70,512 |
| Median (50th) | $107,791 |
| 75th Percentile | $168,370 |
| 90th Percentile | $270,070 |
Financial Advisor Salary in Other Illinois Cities
How to Become a Financial Advisor in Chicago
Education
Most financial advisor positions require a bachelor's degree. Chicago and the surrounding Illinois area have institutions offering relevant programs.
Key Skills
Job Outlook
Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Chicago may vary based on local industry and population growth.