Financial Advisor Salaries & Top Paying Companies in Schaumburg, IL

Position

City

Salary

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

The average salary for a Financial Advisor is $103,004 per year in Schaumburg, IL.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Schaumburg, IL, showing an average salary of $103,004 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Schaumburg, IL, showing an average salary of $8,584 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Schaumburg, IL, showing an average salary of $1,981 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Schaumburg, IL, showing an average salary of $50 with varying distribution percentages across salary ranges.

Financial Advisors in Schaumburg, IL, typically earn a solid salary. On average, they make about $103,004 per year. This salary reflects the skill and experience of those working in the area. Many Financial Advisors here have several years of experience and a strong track record of helping clients.

The salary can vary based on experience and the type of clients served. Less experienced advisors may earn closer to $62,500 annually, while more seasoned advisors can make upwards of $155,500 a year. This range shows there are good opportunities for growth. Financial Advisors with advanced certifications or those who manage larger client portfolios often earn more.

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

Financial advisors in Lombard, IL, enjoy one of the highest average salaries near Schaumburg. With an average salary of $142,456, it stands out as a top choice for those in the field. Nearby, Rolling Meadows, IL, offers a competitive average salary of $112,050, making it another excellent location to consider.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Schaumburg, IL, highlighting Lombard, IL with the highest at $142,456 and Des Plaines, IL with the lowest at $55,250.

Lombard, IL
Average Salary: $142,456
In Lombard, professionals find excellent opportunities in wealth management firms like Edward Jones. Working here means assisting clients with investment strategies and financial planning. The community support and networking opportunities are strong, making it a great place for growth.
Find Financial Advisor jobs in Lombard, IL
Rolling Meadows, IL
Average Salary: $112,050
Rolling Meadows offers a vibrant environment for financial experts. With firms such as Northwestern Mutual, advisors help clients achieve their financial goals. The area's professional atmosphere and diverse client base provide a rewarding work experience.
Find Financial Advisor jobs in Rolling Meadows, IL
Buffalo Grove, IL
Average Salary: $107,250
Buffalo Grove is home to many financial institutions where advisors work to guide clients on their financial journeys. Companies like Merrill Lynch provide a platform for growth and learning. The suburban setting offers a balanced lifestyle for professionals.
Find Financial Advisor jobs in Buffalo Grove, IL
Lake Zurich, IL
Average Salary: $77,075
Lake Zurich presents a serene environment for financial advisors. With companies like Fidelity Investments, professionals focus on retirement planning and wealth management. The area’s upscale clientele ensures a steady stream of high-quality engagements.
Find Financial Advisor jobs in Lake Zurich, IL
Hanover Park, IL
Average Salary: $73,750
Hanover Park provides a community-focused setting for financial advisors. Working with local firms, professionals help clients with investment and insurance needs. The area's strong sense of community enhances the work experience.
Find Financial Advisor jobs in Hanover Park, IL
Arlington Heights, IL
Average Salary: $65,246
Arlington Heights offers a dynamic market for financial advisors. Professionals collaborate with firms like Vanguard to offer personalized financial planning services. The city's diverse economic landscape provides varied opportunities.
Find Financial Advisor jobs in Arlington Heights, IL
Des Plaines, IL
Average Salary: $55,250
Des Plaines is an ideal location for those in financial services. Working with companies like Charles Schwab, advisors assist clients with a range of financial products. The city’s growing economy supports numerous career advancement opportunities.
Find Financial Advisor jobs in Des Plaines, IL

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

Northwestern Mutual leads in offering the highest salaries for Financial Advisor jobs in Schaumburg, IL, with an average salary of $124,880. This company boasts a robust compensation package and strong career growth opportunities. Charles Schwab follows closely with an average salary of $80,000, providing competitive benefits and a supportive work environment.

Graph displaying best paying company salaries for Financial Advisor jobs in Schaumburg, IL, highlighting Northwestern Mutual with the highest at $124,880 and Navy Federal Credit Union with the lowest at $65,667.

Northwestern Mutual
Average Salary: $124,880
Northwestern Mutual offers competitive salaries and benefits for Financial Advisors. They operate across the United States, including in Schaumburg, IL. Financial Advisors work closely with clients to provide tailored financial planning services.
Charles Schwab
Average Salary: $80,000
Charles Schwab is known for its comprehensive support for Financial Advisors. They operate in Schaumburg, IL, among other locations. The company provides various training programs to help Financial Advisors excel in their roles.
Fidelity Investments
Average Salary: $65,938
Fidelity Investments offers solid compensation for Financial Advisors. They have a presence in Schaumburg, IL, and nationwide. Advisors benefit from a robust platform and resources to manage client portfolios efficiently.
Navy Federal Credit Union
Average Salary: $65,667
Navy Federal Credit Union provides good benefits and salaries for Financial Advisors. They serve members in Schaumburg, IL, and other areas. The company focuses on financial health and wellness, offering a supportive environment for Advisors.

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

Financial advisors in Schaumburg, IL, can find excellent opportunities in related fields that offer high salaries. Underwriting Managers lead teams and manage underwriting processes, earning an average salary of $185,635 annually. Wealth Management Advisors help clients manage their investments and financial plans, averaging around $90,271 per year. Investment Bankers assist businesses with mergers, acquisitions, and raising capital, often earning above $100,000 annually. These roles provide stability and growth potential for those in the financial sector.

Graph displaying best paying related job salaries for Financial Advisor jobs near Schaumburg, IL, highlighting Underwriting Manager with the highest at $185,635 and Investment Banker with the lowest at $63,786.

Underwriting Manager
Average Salary: $185,635
This position involves overseeing the underwriting process for a company. Managers ensure policies meet company standards. They work closely with clients and underwriters. Firms like Allstate and State Farm offer such roles.
Find Underwriting Manager jobs in Schaumburg, IL
Underwriting Consultant
Average Salary: $160,000
Consultants help develop underwriting policies and procedures. They review applications and offer insights to reduce risk. Companies like GEICO and Nationwide seek skilled consultants.
Find Underwriting Consultant jobs in Schaumburg, IL
Portfolio Manager
Average Salary: $133,479
Portfolio managers handle client investments. They develop and manage investment strategies. This job needs strong analytical skills. Investment firms like Merrill Lynch and Edward Jones hire managers.
Find Portfolio Manager jobs in Schaumburg, IL
Risk Management Manager
Average Salary: $119,000
This role focuses on identifying and mitigating risks. Managers create risk management plans and ensure compliance. Companies like JPMorgan Chase and Citibank look for experienced managers.
Find Risk Management Manager jobs in Schaumburg, IL
Underwriter
Average Salary: $102,709
Underwriters assess risks and approve insurance policies. They analyze data and make informed decisions. Major companies like Prudential and MetLife hire underwriters.
Find Underwriter jobs in Schaumburg, IL
Risk Analyst
Average Salary: $101,786
Risk analysts evaluate financial risks. They provide insights to help companies make better decisions. Companies such as Goldman Sachs and Morgan Stanley need analysts.
Find Risk Analyst jobs in Schaumburg, IL
Risk Specialist
Average Salary: $93,500
Risk specialists identify and assess potential risks. They work with underwriters to set premiums. Companies like Allstate and Liberty Mutual employ specialists.
Find Risk Specialist jobs in Schaumburg, IL
Analyst
Average Salary: $91,803
Analysts review financial data and provide insights. They support investment and risk management decisions. Investment firms like Fidelity and Vanguard seek analysts.
Find Analyst jobs in Schaumburg, IL
Wealth Management Advisor
Average Salary: $90,271
Wealth management advisors help clients manage their investments. They create and implement financial plans. Companies like UBS and Charles Schwab hire advisors.
Find Wealth Management Advisor jobs in Schaumburg, IL
Investment Banker
Average Salary: $63,786
Investment bankers help companies with mergers and acquisitions. They also manage investments and provide financial advice. Major firms like Goldman Sachs and JPMorgan Chase offer these roles.
Find Investment Banker jobs in Schaumburg, IL

Financial Advisor Salary in Schaumburg, IL

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

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

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

Currently 2,202 Financial Advisor job openings, nationwide.

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

Win at hiring.