How much does a Financial Advisor make in Schaumburg, IL?
Financial Advisors in Schaumburg, IL, enjoy a solid salary. On average, they make about $100,885 each year. This is more than the national average for this job. Many people find this salary attractive because it offers a good balance between work and pay.
The salaries can vary quite a bit. Here’s how they break down:
- 25.73% make $61,000 to $69,591.
- 11.88% make $69,591 to $78,182.
- 9.90% make $78,182 to $86,773.
- 21.77% make $95,364 to $103,955.
- 25.73% make $138,318 to $146,909.
- 14.69% make $146,909 to $155,500.
What are the highest paying cities for a Financial Advisor near Schaumburg, IL?

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Mundelein, IL
Average Salary: $160,009
Mundelein offers a friendly atmosphere for those in the finance field. With companies like TD Ameritrade and Northwestern Mutual, there are many opportunities to grow. The community is tight-knit, making it easy to network and advance in your career.
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Lombard, IL
Average Salary: $140,695
In Lombard, you will find a mix of traditional and modern finance firms. Companies such as E*TRADE and Charles Schwab provide a solid platform for financial growth. The area’s vibrant community helps build strong professional relationships.
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Rolling Meadows, IL
Average Salary: $115,562
Rolling Meadows is known for its thriving financial sector. With firms like Edward Jones and Fidelity Investments, it offers diverse career paths. The area’s excellent schools and parks make it a great place for families.
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Buffalo Grove, IL
Average Salary: $107,250
Buffalo Grove has a growing finance industry. Companies like Morgan Stanley and Goldman Sachs present opportunities for career advancement. The area is known for its excellent schools and family-friendly environment.
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Arlington Heights, IL
Average Salary: $80,293
Arlington Heights boasts a dynamic financial market. Firms such as Wells Fargo and J.P. Morgan Chase offer robust career options. The area’s high quality of life makes it an attractive place to live and work.
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Hanover Park, IL
Average Salary: $73,750
Hanover Park is a hub for financial services. Companies like Allstate and Northwestern Mutual provide many job opportunities. The community's focus on education and family makes it a welcoming place for professionals.
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Des Plaines, IL
Average Salary: $60,444
Des Plaines offers a vibrant financial sector. With institutions like BMO Harris and TD Bank, there are plenty of chances to succeed. The area’s strong community ties and amenities enhance the quality of life for residents.
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What are the best paying companies for a Financial Advisor in Schaumburg, IL?

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Northwestern Mutual
Average Salary: $120,875
Northwestern Mutual offers rewarding Financial Advisor jobs in Schaumburg, IL. They focus on helping clients with their financial goals. Northwestern Mutual has offices across the U.S. and globally.
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Charles Schwab
Average Salary: $80,000
Charles Schwab provides strong opportunities for Financial Advisors in Schaumburg, IL. They offer financial planning and investment services. The company has locations throughout the U.S.
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Fidelity Investments
Average Salary: $65,938
Fidelity Investments hires Financial Advisors in Schaumburg, IL. They focus on investment solutions and retirement planning. This company operates numerous offices nationwide.
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Navy Federal Credit Union
Average Salary: $65,667
Navy Federal Credit Union offers financial advisor jobs in Schaumburg, IL. They provide banking and financial services to military members and their families. Their branches are located across the U.S.
What are the best paying Financial Advisor related jobs in Schaumburg, IL?

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Underwriting Manager
Average Salary: $170,295
Professionals assess and manage risks for companies. They work with clients to understand their needs and ensure proper coverage. Underwriters review applications and decide if the company should insure the risk.
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Underwriting Consultant
Average Salary: $160,000
Consultants provide expert advice on insurance risks. They review policies and suggest improvements. They work closely with clients to understand their specific needs.
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Risk Management Manager
Average Salary: $112,000
These managers oversee the risk management process. They develop strategies to minimize risk. They work with various departments to ensure risks are identified and managed effectively.
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Portfolio Manager
Average Salary: $109,394
Portfolio managers oversee investment portfolios. They help clients achieve their financial goals. They analyze market trends and make investment decisions.
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Underwriter
Average Salary: $103,031
Underwriters evaluate risks for insurance companies. They assess the likelihood of potential losses. They decide which risks to insure and how much to charge.
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Risk Analyst
Average Salary: $99,910
Analysts study data to identify potential risks. They use statistical tools to predict future trends. They work with management to create risk mitigation plans.
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Risk Specialist
Average Salary: $93,500
Specialists focus on specific types of risk. They assess risks and develop strategies to manage them. They often work in areas like finance or insurance.
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Wealth Management Advisor
Average Salary: $93,404
Advisors help clients manage their wealth. They provide advice on investments and financial planning. They work to help clients achieve their long-term financial goals.
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Analyst
Average Salary: $86,190
Analysts gather and interpret data. They provide insights to help make informed decisions. They often specialize in areas like finance or market trends.
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Investment Banker
Average Salary: $75,493
Investment bankers advise clients on financial transactions. They help companies raise capital and make investments. They also provide guidance on mergers and acquisitions.
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