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 $101,106 per year in Schaumburg, IL.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Schaumburg, IL, showing an average salary of $101,106 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 $8,426 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 $1,944 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 $49 with varying distribution percentages across salary ranges.

In Schaumburg, IL, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role stands at $101,106. This figure provides a solid foundation for individuals entering this field.

The salary range for Financial Advisors in Schaumburg is quite broad. At the lower end, some advisors earn as little as $58,890 annually. At the higher end, the top-earning advisors can make up to $155,500 per year. This range reflects the various levels of experience and expertise within the profession. As advisors gain more experience and establish a strong client base, they can often see significant increases in their earnings.

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

Job seekers seeking top pay as financial advisors will find great opportunities in cities near Schaumburg, IL. Mundelein leads the pack with an average salary of $160,009. Lombard offers a strong $137,912 per year. Rolling Meadows has an average salary of $115,562, making it a competitive area to consider. Financial advisors in Arlington Heights, Buffalo Grove, Hanover Park, and Des Plaines can also expect competitive salaries. Arlington Heights averages $80,311, while Buffalo Grove offers $107,250 per year. Hanover Park and Des Plaines offer salaries of $73,750 and $57,111, respectively. These cities provide a range of options for those seeking top financial advisor positions.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Schaumburg, IL, highlighting Mundelein, IL with the highest at $160,009 and Des Plaines, IL with the lowest at $57,111.

Mundelein, IL
Average Salary: $160,009
In Mundelein, financial professionals thrive in a vibrant community. With a high average salary, top firms like Merrill Lynch and Edward Jones offer rewarding opportunities. This town’s smaller size makes networking easier and fosters a strong professional community.
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Lombard, IL
Average Salary: $137,912
Lombard attracts experienced financial experts. The city’s economic strength drives demand for knowledgeable advisors. Companies like Morgan Stanley and UBS give access to top resources and clients.
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Rolling Meadows, IL
Average Salary: $115,562
Rolling Meadows has a growing financial sector. Many firms seek skilled advisors to meet client needs. With a good average salary, this city offers a balance of professional growth and a good quality of life.
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Buffalo Grove, IL
Average Salary: $107,250
Buffalo Grove provides a dynamic environment for financial professionals. This suburb’s robust economy supports various financial services companies. Working here means access to both urban amenities and suburban peace.
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Arlington Heights, IL
Average Salary: $80,311
Arlington Heights is home to many financial firms. The city’s diverse economy creates many opportunities for advisors. With a solid average salary, professionals can thrive here while enjoying a friendly community.
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Hanover Park, IL
Average Salary: $73,750
Hanover Park offers a close-knit community for financial experts. This city’s local businesses need skilled advisors. With a strong average salary, it’s a great place for those who prefer a smaller town feel.
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Des Plaines, IL
Average Salary: $57,111
Des Plaines has a thriving financial industry. The city’s central location attracts many financial institutions. With a respectable average salary, professionals here find plenty of opportunities to advance their careers.
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What are the best paying companies for a Financial Advisor in Schaumburg, IL?

Northwestern Mutual offers high-paying financial advisor positions in Schaumburg, IL. With an average salary of $123,615, it attracts top talent. Charles Schwab and Fidelity Investments also provide competitive salaries and excellent career opportunities.

Graph displaying best paying company salaries for Financial Advisor jobs in Schaumburg, IL, highlighting Northwestern Mutual with the highest at $123,615 and Bankers Life with the lowest at $56,667.

Northwestern Mutual
Average Salary: $123,615
Northwestern Mutual offers exciting opportunities for Financial Advisors. This company values financial planning and client care. They operate nationwide, with a strong presence in Schaumburg, IL. Their focus on long-term relationships makes it a top choice for many.
Charles Schwab
Average Salary: $80,000
Charles Schwab is well-known for its financial services. They provide a dynamic environment for Financial Advisors. The company operates in many locations, including Schaumburg, IL. They emphasize innovation and client satisfaction.
Fidelity Investments
Average Salary: $65,938
Fidelity Investments offers numerous opportunities for Financial Advisors. They are a leader in investment services. Fidelity operates across the country, with offices in Schaumburg, IL. They focus on technology and customer service.
Navy Federal Credit Union
Average Salary: $65,667
Navy Federal Credit Union provides a stable environment for Financial Advisors. They focus on financial wellness for their members. This company operates in several locations, including Schaumburg, IL. They value community and member service.
Bankers Life
Average Salary: $56,667
Bankers Life offers rewarding positions for Financial Advisors. They specialize in life insurance and financial planning. The company operates in many areas, including Schaumburg, IL. They emphasize teamwork and client success.

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

Financial advisor jobs offer many opportunities in Schaumburg, IL. High-paying roles include Underwriting Manager, which averages $170,295 annually, and Underwriting Consultant, with an average salary of $160,000. Risk Management Manager positions also pay well, at an average of $112,000 per year. These roles require strong analytical skills and a deep understanding of financial markets. Portfolio Managers and Wealth Management Advisors can expect average salaries of around $109,394 and $93,404, respectively. Investment Banker roles, while competitive, offer the potential for substantial income, with an average salary of $75,493.

Graph displaying best paying related job salaries for Financial Advisor jobs near Schaumburg, IL, highlighting Underwriting Manager with the highest at $170,295 and Investment Banker with the lowest at $75,493.

Underwriting Manager
Average Salary: $170,295
This role involves overseeing a team of underwriters. Managers ensure that risks are assessed accurately. They work with companies like Allstate and State Farm.
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Underwriting Consultant
Average Salary: $160,000
Underwriting consultants evaluate risks for companies. They work with firms like Travelers and Prudential. This job offers a chance to use analytical skills to help businesses.
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Risk Management Manager
Average Salary: $112,000
This position involves protecting a company from financial losses. Managers create risk management plans. They work with firms like JPMorgan Chase and Bank of America.
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Portfolio Manager
Average Salary: $109,394
Portfolio managers oversee investment portfolios. They aim to increase returns while managing risk. They work with investment firms like Fidelity and Charles Schwab.
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Underwriter
Average Salary: $101,979
Underwriters assess risk for insurance or loans. They work with companies like Allstate and State Farm. This role is ideal for those who like detailed analysis and decision-making.
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Risk Analyst
Average Salary: $99,910
Risk analysts evaluate potential risks for companies. They work with firms like Goldman Sachs and Morgan Stanley. This job focuses on data analysis to help companies make informed decisions.
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Risk Specialist
Average Salary: $93,500
Risk specialists focus on identifying and mitigating risks. They work with companies like Liberty Mutual and Nationwide. This role is perfect for those who enjoy problem-solving and strategic planning.
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Wealth Management Advisor
Average Salary: $93,404
These advisors help clients manage their wealth. They work with firms like Edward Jones and Merrill Lynch. This role involves personalized financial planning and advice.
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Analyst
Average Salary: $85,555
Analysts gather and interpret data to help businesses make decisions. They work with companies like PricewaterhouseCoopers and Deloitte. This job is ideal for those who enjoy research and analysis.
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Investment Banker
Average Salary: $75,493
Investment bankers help companies raise capital. They work with firms like Goldman Sachs and JPMorgan Chase. This role involves strategic financial planning and advisory services.
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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 2,117 Financial Advisor job openings, nationwide.

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

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