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Financial Advisor Salary in Illinois

How much does a Financial Advisor make in Illinois?

Last updated: 2024 data from the Bureau of Labor Statistics

$104,310
Median Annual Salary
$153,440
Mean Salary
$104,310
Median Salary
$50.15
Hourly Rate
10,410 people work as Financial Advisor in Illinois

About This Job: Financial Advisor

Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.

Top Skills

Reading Comprehension
4.0
Active Listening
4.0
Writing
4.0
Speaking
4.0
Critical Thinking
3.88

Key Knowledge Areas

Customer and Personal Service
4.48
Economics and Accounting
4.05
English Language
4.0
Mathematics
3.64
Psychology
3.48
Typical Education: Bachelor's Degree (52.2% of workers)

Source: O*NET OnLine, U.S. Department of Labor

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What does this salary really buy? See Financial Advisor salary in Illinois adjusted for cost of living →

Financial Advisor Salary by State

Compare Financial Advisor pay across states — sorted by highest median salary.

New York $167,970 Idaho $136,440 California $128,650 Delaware $128,170 New Jersey $123,690 South Dakota $123,380 Maryland $122,510 Wisconsin $115,680 Washington $112,020 Connecticut $107,030

View all 50 states →

Related Careers in Illinois

Explore similar occupations and their salaries in Illinois.

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Frequently Asked Questions

How much does a Financial Advisor make in Illinois?
The median annual salary for a Financial Advisor in Illinois is $104,310 as of 2024. The average (mean) salary is $153,440.
What is the starting salary for a Financial Advisor in Illinois?
Entry-level Financial Advisor positions in Illinois typically start around $54,150 (10th percentile). With some experience, salaries rise to $73,920 (25th percentile).
How many people work as Financial Advisor in Illinois?
According to 2024 BLS data, approximately 10,410 people are employed as Financial Advisor in Illinois.
What is the hourly rate for a Financial Advisor in Illinois?
Based on a standard 2,080-hour work year, the median hourly rate for a Financial Advisor in Illinois is approximately $50.15 per hour.

Data Source & Methodology

Salary data is sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) survey, 2024 estimates. The OEWS survey covers approximately 1.1 million establishments nationwide.

Annual salaries are calculated based on a standard 2,080-hour work year. Actual compensation may vary based on experience, education, employer, and local market conditions. Figures do not include benefits, bonuses, or overtime pay.

Our Methodology · Data Sources · Source: BLS OEWS