Personal Financial Advisors Employment & Job Outlook in Illinois (2024)

Illinois employs 9,360 Personal Financial Advisors professionals, above the national average concentration.

Data: BLS OEWS 2024 • Illinois employment outlook • Updated 2026-04-06

Total Employed
9,360
professionals
Jobs per 1,000
9.36
workers
Location Quotient
1.74
vs national avg
Average Salary
$154K
annual

High Demand in Illinois

The location quotient (LQ) of 1.74 indicates that Illinois has a higher-than-average concentration of Personal Financial Advisors professionals. This means the job is in high demand relative to other states, suggesting strong local job market opportunities.

Note: Location Quotient (LQ) is the ratio of the percentage of workers in an occupation in a given area to the percentage in that occupation nationwide. An LQ > 1.0 means above-average concentration; < 1.0 means below-average.

Illinois vs National Average

Total Employed
9,360
National: 269,160
3.5% of national
Jobs per 1,000
9.36
National: 5.38
+74.0%
Average Salary
$154K
National: $139K
+10.9%

Top States by Personal Financial Advisors Employment

#1
32,100
32,100
employed
#2
27,440
27,440
employed
#3
20,920
20,920
employed
#4
18,740
18,740
employed
#5
14,500
14,500
employed
#6
11,360
11,360
employed
#7
9,370
9,370
employed
#8
9,360
9,360
employed
#9
8,840
8,840
employed
#10
8,320
8,320
employed

What Does a Personal Financial Advisors Earn in Illinois?

The average annual salary for a Personal Financial Advisors in Illinois is $154,320. For a detailed breakdown by percentile, entry-level, median, and senior salaries, see the comprehensive salary guide below.

View full salary breakdown →

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Frequently Asked Questions

How many Personal Financial Advisors jobs are there in Illinois?

Illinois employs approximately 9,360 Personal Financial Advisors professionals (2024 BLS data). This ranks Illinois among the top states nationwide.

Is Personal Financial Advisors in demand in Illinois?

Yes — Illinois has above-average concentration of Personal Financial Advisors jobs (LQ: 1.74). A Location Quotient above 1.0 indicates higher-than-average demand.

What is the average salary for Personal Financial Advisors in Illinois?

The average (mean) salary for Personal Financial Advisors in Illinois is $154320/year. See our detailed salary page for percentile breakdowns.

What is a Location Quotient (LQ)?

Location Quotient measures how concentrated an occupation is in a state compared to the national average. LQ > 1.0 means the state has more of that job proportionally. LQ > 1.2 indicates strong demand.

Which states employ the most Personal Financial Advisors professionals?

The top state for Personal Financial Advisors employment is California with 32,100 jobs.

Related Pages

Data Source

Employment and location quotient data sourced from the U.S. Bureau of Labor Statistics (BLS) Occupational Employment and Wage Statistics (OEWS) 2024. This data reflects total employment, jobs per 1,000 workers, location quotient, and average salary for Personal Financial Advisors (SOC 132052) in Illinois.

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