Financial Advisor Salaries & Top Paying Companies in Downers Grove, IL

Position

City

Salary

How much does a Financial Advisor make in Downers Grove, IL?

The average salary for a Financial Advisor is $83,153 per year in Downers Grove, IL.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Downers Grove, IL, showing an average salary of $83,153 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Downers Grove, IL, showing an average salary of $6,929 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Downers Grove, IL, showing an average salary of $1,599 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Downers Grove, IL, showing an average salary of $40 with varying distribution percentages across salary ranges.

In Downers Grove, IL, a Financial Advisor earns a competitive salary. The average yearly salary for this role is around $83,153. This figure reflects the skills and experience that professionals bring to the table. Many advisors in this area have years of experience, which helps them earn more.

The salary range for Financial Advisors in Downers Grove, IL, varies. Most advisors earn between $65,000 and $129,000 per year. This range shows the potential for growth and the rewards of gaining experience. Here is a breakdown of the salary distribution:

11.25% earn between $65,000 and $71,409
28.75% earn between $71,409 and $77,818
21.25% earn between $77,818 and $84,227
20.00% earn between $84,227 and $90,636
6.25% earn between $90,636 and $97,045
5.00% earn between $122,682 and $129,091
1.25% earn between $103,455 and $129,091

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

Financial advisors near Downers Grove, IL, can find some of the best pay in Lombard, IL. This city offers an average salary of $133,292, making it a top choice for those in the field. Close behind, Schaumburg, IL, with an average salary of $100,233, also provides attractive opportunities for financial advisors. These cities present excellent prospects for professionals seeking higher earnings in their career.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Downers Grove, IL, highlighting Lombard, IL with the highest at $133,292 and Westmont, IL with the lowest at $70,612.

Lombard, IL
Average Salary: $133,292
In Lombard, financial professionals enjoy a vibrant community. Many work for local banks and financial institutions. The area offers a mix of corporate and independent firms.
Find Financial Advisor jobs in Lombard, IL
Schaumburg, IL
Average Salary: $100,233
Schaumburg boasts a strong financial sector. Many advisors work for large firms like TD Ameritrade and Allstate. The area offers diverse opportunities for career growth.
Find Financial Advisor jobs in Schaumburg, IL
Elmhurst, IL
Average Salary: $98,262
Elmhurst is home to many financial services companies. Working here means you can find roles in both local and national firms. The community is supportive and offers a good work-life balance.
Find Financial Advisor jobs in Elmhurst, IL
Lisle, IL
Average Salary: $94,528
Lisle has a thriving financial industry. Many advisors work for companies like State Farm and Edward Jones. The area is known for its professional environment and excellent networking opportunities.
Find Financial Advisor jobs in Lisle, IL
Aurora, IL
Average Salary: $93,751
Aurora offers a variety of financial opportunities. Many professionals work for local banks and financial services companies. The city is growing, providing new job prospects regularly.
Find Financial Advisor jobs in Aurora, IL
Chicago, IL
Average Salary: $87,573
Chicago is a major hub for financial services. Many advisors work for big firms like Goldman Sachs and JPMorgan Chase. The city offers a dynamic and competitive environment.
Find Financial Advisor jobs in Chicago, IL
Downers Grove, IL
Average Salary: $84,782
Downers Grove has a strong financial sector. Many advisors work for companies like Allstate and Berkshire Hathaway. The area is known for its family-friendly atmosphere and good schools.
Find Financial Advisor jobs in Downers Grove, IL
Oak Brook, IL
Average Salary: $78,430
Oak Brook is a financial center with many large firms. Advisors often work for companies like Allstate and Caterpillar. The area offers a professional environment and excellent amenities.
Find Financial Advisor jobs in Oak Brook, IL
Naperville, IL
Average Salary: $77,330
Naperville is known for its financial industry. Many advisors work for firms like Edward Jones and Northwestern Mutual. The city offers a mix of corporate and independent opportunities.
Find Financial Advisor jobs in Naperville, IL
Westmont, IL
Average Salary: $70,612
Westmont has a growing financial sector. Many professionals work for local banks and financial services companies. The area offers a supportive community and good quality of life.
Find Financial Advisor jobs in Westmont, IL

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

Northwestern Mutual offers top-tier salaries for Financial Advisors in Downers Grove, IL, with an average of $116,331. This company provides a competitive environment for financial professionals. New York Life also stands out, offering an average salary of $78,366 for its Financial Advisors in the area. Both companies present excellent opportunities for career growth and financial stability.

Graph displaying best paying company salaries for Financial Advisor jobs in Downers Grove, IL, highlighting Northwestern Mutual with the highest at $116,331 and New York Life with the lowest at $78,366.

Northwestern Mutual
Average Salary: $116,331
Northwestern Mutual offers rewarding Financial Advisor positions in Downers Grove, IL. They focus on helping clients achieve their financial goals. The company operates nationwide, providing a stable and supportive environment for career growth.
New York Life
Average Salary: $78,366
New York Life provides excellent opportunities for Financial Advisors in Downers Grove, IL. They emphasize personalized service and long-term client relationships. The company has a strong presence in the U.S., offering a dynamic work environment.

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

Financial advisors in Downers Grove, IL, can find high-paying roles in related fields. Underwriting Managers lead teams and make key decisions, earning an average of $188,800. Wealth Management Advisors help clients grow their wealth, with an average salary of $155,900. Portfolio Managers oversee investment portfolios, earning around $102,500.

Graph displaying best paying related job salaries for Financial Advisor jobs near Downers Grove, IL, highlighting Underwriting Manager with the highest at $188,800 and Registered Representative with the lowest at $46,500.

Underwriting Manager
Average Salary: $188,800
This role involves assessing risk and approving loans. Managers work with clients and underwriters to ensure smooth operations. Companies in Downers Grove, like local banks, often seek such professionals.
Find Underwriting Manager jobs in Downers Grove, IL
Wealth Management Advisor
Average Salary: $155,900
Advisors help clients manage their wealth. They create financial plans and offer investment advice. Firms in Downers Grove, such as private wealth management companies, hire these experts.
Find Wealth Management Advisor jobs in Downers Grove, IL
Portfolio Manager
Average Salary: $102,500
This position focuses on managing investment portfolios. Managers select and monitor investments to meet clients' goals. Investment firms in Downers Grove look for skilled portfolio managers.
Find Portfolio Manager jobs in Downers Grove, IL
Underwriter
Average Salary: $88,034
Underwriters evaluate risk for insurance and loans. They decide if a client qualifies for coverage. Local insurance companies and banks in Downers Grove need underwriters.
Find Underwriter jobs in Downers Grove, IL
Investment Banker
Average Salary: $75,381
Investment bankers help companies raise capital. They advise on mergers, acquisitions, and securities. Financial institutions in Downers Grove often seek these professionals.
Find Investment Banker jobs in Downers Grove, IL
Analyst
Average Salary: $73,877
Analysts study financial data to make investment decisions. They provide insights and recommendations. Investment firms and banks in Downers Grove hire analysts to support their teams.
Find Analyst jobs in Downers Grove, IL
Personal Banker
Average Salary: $55,519
Personal bankers assist clients with their banking needs. They offer advice on savings, loans, and investments. Banks in Downers Grove value personal bankers for their customer service skills.
Find Personal Banker jobs in Downers Grove, IL
Registered Representative
Average Salary: $46,500
Registered representatives sell securities to clients. They provide investment advice and manage accounts. Brokerage firms in Downers Grove look for licensed representatives to join their teams.
Find Registered Representative jobs in Downers Grove, IL

Financial Advisor Salary in Downers Grove, IL

How much does a Financial Advisor make in Downers Grove, IL?

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

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

Currently 2,227 Financial Advisor job openings, nationwide.

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

Win at hiring.