Business & Finance Naperville, IL Pop. 149,540

Financial Advisor Salary in Naperville, Illinois

The median financial advisor salary in Naperville, IL is $108,745 per year, which is 14.0% above the national median and 12.9% above the Illinois state average.

City Median
$108,745
vs State Avg
+$12,401
vs National
+$13,355
Cost of Living
108%

Financial Advisor Salary in Naperville by Experience

In Naperville, an entry-level financial advisor earns around $54,720, while experienced professionals earn up to $205,200 per year. The local cost of living index is 108% of the national average.

Entry Level (0-2 yrs)
$54,720
+$6,720 vs national
Mid Level (3-7 yrs)
$108,300
+$13,300 vs national
Senior Level (8+ yrs)
$205,200
+$25,200 vs national

Salary Percentiles in Naperville, IL

Percentile Naperville
10th Percentile $50,616
25th Percentile $71,136
Median (50th) $108,745
75th Percentile $169,860
90th Percentile $272,460

Financial Advisor Salary in Other Illinois Cities

How to Become a Financial Advisor in Naperville

Education

Most financial advisor positions require a bachelor's degree. Naperville and the surrounding Illinois area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Naperville may vary based on local industry and population growth.

Find Financial Advisor Jobs in Naperville

Browse open financial advisor positions in Naperville, IL:

Frequently Asked Questions: Financial Advisor Salary in Naperville

How much does a Financial Advisor make in Naperville, IL?
The median financial advisor salary in Naperville, Illinois is $108,745 per year, which is 14.0% above the national median of $95,390. Salaries range from $50,616 (10th percentile) to $272,460 (90th percentile).
How much does a Financial Advisor make per hour in Naperville?
Based on the median annual salary of $108,745, a financial advisor in Naperville earns approximately $52 per hour assuming a standard 2,080-hour work year.
How does Naperville compare to the Illinois state average for financial advisor pay?
Naperville's median financial advisor salary of $108,745 is 12.9% above the Illinois state average of $96,344. The local cost of living index is 108% of the national average.
What is the cost of living in Naperville, IL?
Naperville has a cost of living index of 108% compared to the national average. This means a financial advisor salary of $108,745 in Naperville has less purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Naperville?
Most financial advisor positions in Naperville require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.