How much does a Financial Advisor make in Springfield, IL?
In Springfield, IL, a Financial Advisor can expect to earn a competitive salary. The average yearly salary for this role is around $60,607. This figure provides a good starting point for those considering a career in financial advising.
The salary range for Financial Advisors in Springfield varies. The lowest 10% earn about $37,550 annually. The highest 10% can make up to $155,500 per year. This wide range reflects the different levels of experience and expertise in the field. Most advisors fall between $48,273 and $112,609 each year. This range shows that with experience and skill, earnings can grow significantly.
What are the highest paying cities for a Financial Advisor near Springfield, IL?

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Schaumburg, IL
Average Salary: $99,854
In Schaumburg, financial professionals enjoy a vibrant community. With companies like TD Ameritrade and Charles Schwab, it's a hub for wealth management. Schaumburg offers a mix of urban and suburban life, making it a great place to work and live.
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Elgin, IL
Average Salary: $89,360
Elgin provides a friendly environment for financial advisors. The city is home to several financial institutions, including BMO Harris. Elgin's growing economy offers many opportunities for career growth and stability.
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Bloomington, IL
Average Salary: $88,760
Bloomington is known for its welcoming atmosphere. Financial advisors here benefit from a strong local economy. Companies like State Farm and Caterpillar offer excellent career prospects. The city's small-town feel with big-city amenities makes it a great place to work.
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Aurora, IL
Average Salary: $88,467
Aurora offers a dynamic work environment for financial experts. The city is home to major companies like CommonSpirit Health and Advocate Aurora Health. Aurora's diverse economy provides many opportunities for financial advisors to thrive.
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Champaign, IL
Average Salary: $87,969
Champaign is a vibrant city for financial professionals. The University of Illinois brings a unique blend of education and finance. Companies like State Farm and Nationwide offer excellent career paths. Champaign's lively community makes it a great place to work and live.
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Rockford, IL
Average Salary: $86,288
Rockford offers a strong market for financial advisors. The city is home to companies like Winnebago Industries and Andersen Corporation. Rockford's growing economy provides many opportunities for career growth and stability.
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Arlington Heights, IL
Average Salary: $82,737
Arlington Heights provides a vibrant environment for financial advisors. The city is home to several financial institutions, including Allstate. Arlington Heights' mix of suburban charm and urban amenities makes it a great place to work and live.
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Peoria, IL
Average Salary: $81,889
Peoria offers a dynamic work environment for financial experts. The city is home to major companies like Caterpillar and OSF HealthCare. Peoria's strong economy provides many opportunities for financial advisors to thrive.
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Decatur, IL
Average Salary: $72,352
Decatur provides a welcoming atmosphere for financial professionals. The city is home to companies like Archer Daniels Midland and Caterpillar. Decatur's strong local economy offers many opportunities for career growth and stability.
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Naperville, IL
Average Salary: $72,077
Naperville offers a vibrant community for financial advisors. The city is home to several financial institutions, including Edward Jones and Allstate. Naperville's growing economy provides many opportunities for financial advisors to thrive.
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What are the best paying companies for a Financial Advisor in Springfield, IL?

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Ameriprise Financial
Average Salary: $60,000
Ameriprise Financial offers rewarding Financial Advisor positions in Springfield, IL. This company provides a range of financial services and supports its advisors with extensive training and resources. Ameriprise Financial operates in multiple locations across the United States, including Springfield, Illinois.
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Springfield Clinic
Average Salary: $48,950
Springfield Clinic provides Financial Advisor roles with a focus on healthcare financial services. This company is known for its commitment to patient care and offers a supportive environment for its employees. Springfield Clinic operates in Springfield, Illinois, and surrounding areas.
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Gateway Foundation
Average Salary: $40,600
Gateway Foundation offers Financial Advisor jobs with a focus on addiction treatment services. This company is dedicated to helping individuals overcome addiction and provides a unique work environment. Gateway Foundation operates in Springfield, Illinois, and other locations.
What are the best paying Financial Advisor related jobs in Springfield, IL?

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Portfolio Manager
Average Salary: $138,939
This role involves managing investment portfolios for clients. They work with individuals and institutions to create and maintain investment strategies. Companies like Edward Jones and Vanguard offer these positions in Springfield.
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Risk Management Manager
Average Salary: $120,694
This position focuses on identifying and mitigating risks for a company. They develop strategies to protect the company from financial losses. Firms such as State Farm and Nationwide have openings in Springfield.
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Underwriting Manager
Average Salary: $104,440
They assess the risk of insuring clients. They make decisions on whether to offer insurance and at what rates. Companies like Allstate and Farmers Insurance have roles in Springfield.
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Loss Control Consultant
Average Salary: $95,375
This role involves helping businesses reduce risks and prevent losses. They provide advice on safety and risk management. Firms such as Liberty Mutual and Travelers Insurance have positions in Springfield.
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Investment Banker
Average Salary: $85,000
They help companies raise capital by issuing securities. They also advise on mergers and acquisitions. Banks like JPMorgan Chase and Bank of America have openings in Springfield.
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Risk Specialist
Average Salary: $81,450
They analyze and evaluate risks for companies. They develop plans to manage and reduce these risks. Companies like Allstate and State Farm offer these positions in Springfield.
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Wealth Management Advisor
Average Salary: $77,185
They help clients manage their wealth. They provide advice on investments, retirement planning, and estate planning. Firms such as Edward Jones and Vanguard offer these roles in Springfield.
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Analyst
Average Salary: $74,952
They analyze financial data to help companies make informed decisions. They prepare reports and present findings to management. Companies like JPMorgan Chase and Bank of America have analyst positions in Springfield.
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Underwriter
Average Salary: $46,347
They assess the risk of insuring clients. They decide whether to offer insurance and at what rates. Firms such as Allstate and Farmers Insurance have roles in Springfield.
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Personal Banker
Average Salary: $44,519
They help clients with their banking needs. They provide advice on savings, loans, and investments. Banks like Chase and Bank of America have positions in Springfield.
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