Financial Advisor Salaries & Top Paying Companies in Chicago, IL

Position

City

Salary

How much does a Financial Advisor make in Chicago, IL?

The average salary for a Financial Advisor is $86,751 per year in Chicago, IL.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Chicago, IL, showing an average salary of $86,751 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Chicago, IL, showing an average salary of $7,229 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Chicago, IL, showing an average salary of $1,668 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Chicago, IL, showing an average salary of $42 with varying distribution percentages across salary ranges.

In Chicago, IL, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role stands at $86,751. This figure reflects the diverse skill sets and experiences of professionals in the field. Financial Advisors in the city often work with clients to help them manage their finances, plan for retirement, and invest wisely.

The salary range for Financial Advisors in Chicago varies. The lowest 10% earn around $43,950, while the highest 10% earn over $155,500. This wide range highlights the potential for growth and advancement in the field. Many factors influence these salaries, including experience, education, and the specific firm where one works. As professionals gain more experience and build a strong client base, they can see significant increases in their earnings.

What are the highest paying cities for a Financial Advisor near Chicago, IL?

Financial advisors near Chicago, IL, have excellent job opportunities in several cities. Skokie, IL, offers the highest average salary at $102,151. Crown Point, IN, follows closely with an average salary of $100,708. These cities provide strong financial incentives for those in the field. Other nearby cities also offer competitive salaries. Schaumburg, IL, and Elgin, IL, have average salaries of $98,654 and $94,084, respectively. These locations present attractive options for financial advisors seeking both rewarding careers and good compensation.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Chicago, IL, highlighting Skokie, IL with the highest at $102,151 and Waukegan, IL with the lowest at $44,763.

Skokie, IL
Average Salary: $102,151
In Skokie, financial professionals thrive in a community that values financial stability. With companies like Northwestern Mutual nearby, advisors have access to resources and support. Skokie offers a blend of urban and suburban living, making it a great place to work and live.
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Crown Point, IN
Average Salary: $100,708
Crown Point provides a welcoming environment for financial advisors. The city's growing economy offers many opportunities for growth. Local firms like Edward Jones provide a supportive network for advisors to build their careers.
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Schaumburg, IL
Average Salary: $98,654
Schaumburg is known for its strong financial sector. Advisors here benefit from a vibrant business community. Companies like Fidelity Investments offer excellent platforms for professional development and client services.
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Elgin, IL
Average Salary: $94,084
Elgin offers a mix of urban and rural settings, ideal for financial advisors. The city's economy is diverse, with many opportunities for growth. Local firms like Merrill Lynch provide solid support and resources for advisors.
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Aurora, IL
Average Salary: $92,866
In Aurora, financial professionals find a supportive community. The city's economy is strong, with many opportunities for career advancement. Local companies like Vanguard offer excellent resources for advisors to succeed.
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Rockford, IL
Average Salary: $85,232
Rockford provides a dynamic environment for financial advisors. The city's economy is growing, offering many opportunities. Local firms like Charles Schwab provide a solid foundation for professional growth.
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Naperville, IL
Average Salary: $74,865
Naperville is a hub for financial services in Illinois. The city offers a vibrant business environment with many opportunities for growth. Advisors here benefit from a strong network of local firms like UBS.
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Orland Park, IL
Average Salary: $62,018
Orland Park offers a balanced lifestyle for financial professionals. The city's economy is stable, with many opportunities for career advancement. Local firms like Morgan Stanley provide excellent support and resources.
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Des Plaines, IL
Average Salary: $58,333
Des Plaines provides a supportive community for financial advisors. The city's economy is diverse, offering many opportunities. Local firms like Wells Fargo offer solid resources for professional development.
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Waukegan, IL
Average Salary: $44,763
In Waukegan, financial professionals find a community that values financial expertise. The city's economy is growing, offering many opportunities. Local firms like E*TRADE provide excellent support for advisors.
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What are the best paying companies for a Financial Advisor in Chicago, IL?

EY leads the way for Financial Advisor jobs in Chicago, offering an average salary of $143,031. This top-tier firm provides excellent opportunities for career growth. Northern Trust Corp. follows closely with an average salary of $141,000, making it another great choice for financial professionals.

Graph displaying best paying company salaries for Financial Advisor jobs in Chicago, IL, highlighting EY with the highest at $143,031 and Protiviti with the lowest at $79,783.

EY
Average Salary: $143,031
EY offers exciting opportunities for Financial Advisors in Chicago, IL. They provide a dynamic work environment with a focus on innovation and client service. EY operates globally, with offices in major cities worldwide.
Northern Trust Corp.
Average Salary: $141,000
Northern Trust Corp. is a top choice for Financial Advisors in Chicago. They offer competitive salaries and a strong benefits package. The company has a long history and operates in many financial centers across the U.S.
Corebridge Financial
Average Salary: $117,150
Corebridge Financial provides a rewarding career for Financial Advisors in Chicago. They focus on financial wellness and offer a supportive work environment. The company operates in several states, with a strong presence in the Midwest.
CNA Insurance
Average Salary: $104,250
CNA Insurance offers good opportunities for Financial Advisors in Chicago. They provide a stable work environment with a focus on customer service. The company operates in many regions across the U.S.
Deloitte
Average Salary: $101,371
Deloitte is a leading firm for Financial Advisors in Chicago. They offer a collaborative work environment with a focus on professional development. Deloitte operates globally, with offices in many major cities.
LPL Financial
Average Salary: $100,000
LPL Financial provides a solid career path for Financial Advisors in Chicago. They offer a supportive environment with a focus on growth and development. The company operates in many states across the U.S.
Northwestern Mutual
Average Salary: $95,888
Northwestern Mutual offers a rewarding career for Financial Advisors in Chicago. They provide a strong support system and focus on client satisfaction. The company operates in many regions across the U.S.
JLL
Average Salary: $88,333
JLL offers a good opportunity for Financial Advisors in Chicago. They provide a dynamic work environment with a focus on real estate and financial services. The company operates in many countries worldwide.
WestPoint Financial Group
Average Salary: $80,000
WestPoint Financial Group offers a solid career for Financial Advisors in Chicago. They provide a supportive work environment with a focus on client service. The company operates in several states across the U.S.
Protiviti
Average Salary: $79,783
Protiviti offers a good opportunity for Financial Advisors in Chicago. They provide a collaborative work environment with a focus on risk management and financial consulting. The company operates in many regions across the U.S.

What are the best paying Financial Advisor related jobs in Chicago, IL?

Financial advisors in Chicago, IL, have several high-paying career options. Chief Risk Officers earn an average of $220,984 annually, overseeing risk management strategies. Investment Bankers also enjoy strong salaries, averaging $133,881 per year, managing financial transactions and advising clients. These roles offer excellent opportunities for those seeking both financial rewards and professional growth.

Graph displaying best paying related job salaries for Financial Advisor jobs near Chicago, IL, highlighting Chief Risk Officer with the highest at $220,984 and Certified Financial Planner with the lowest at $116,775.

Chief Risk Officer
Average Salary: $220,984
This role is key in managing risks for a company. It involves analyzing potential risks and creating strategies to mitigate them. Companies like JPMorgan Chase and Goldman Sachs often seek experienced professionals for this role.
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Underwriting Manager
Average Salary: $165,239
An underwriting manager oversees the underwriting process. They ensure that the company’s policies are in line with market trends. Firms like Allstate and State Farm look for candidates with strong analytical skills.
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Estate Planner
Average Salary: $159,160
Estate planners help individuals manage their assets. They create plans to ensure that assets are distributed according to the client's wishes. Companies like Northwestern Mutual and Edward Jones often hire for these positions.
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Risk Management Manager
Average Salary: $145,339
This role focuses on identifying and managing risks. It involves creating policies to protect the company from financial losses. Firms such as Allstate and Chubb seek professionals with experience in risk assessment.
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Portfolio Manager
Average Salary: $136,667
Portfolio managers oversee investment portfolios. They make decisions to maximize returns and minimize risks. Investment firms like Fidelity and Vanguard often hire for these roles.
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Investment Banker
Average Salary: $133,881
Investment bankers help companies raise capital. They advise on mergers, acquisitions, and other financial strategies. Major banks like Goldman Sachs and Morgan Stanley look for skilled professionals.
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Wealth Management Advisor
Average Salary: $130,155
Wealth management advisors help clients manage their wealth. They provide advice on investments, retirement, and estate planning. Firms like Merrill Lynch and UBS often hire for these positions.
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Risk Management Director
Average Salary: $129,656
This role involves overseeing the entire risk management strategy. It requires strong leadership skills and a deep understanding of risk. Companies like Allstate and AIG seek experienced directors.
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Loss Control Consultant
Average Salary: $117,781
Loss control consultants work to reduce losses for companies. They analyze risks and develop strategies to prevent them. Firms like Liberty Mutual and Travelers often hire for these roles.
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Certified Financial Planner
Average Salary: $116,775
Certified financial planners help individuals create financial plans. They provide advice on investments, retirement, and taxes. Companies like Edward Jones and Vanguard often hire for these positions.
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Financial Advisor Salary in Chicago, IL

How much does a Financial Advisor make in Chicago, IL?

What are the highest paying cities for a Financial Advisor near Chicago, IL?

What are the best paying companies for a Financial Advisor in Chicago, IL?

Currently 2,498 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

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