Wealth Management Advisor Salaries & Top Paying Companies in Chicago, IL

Position

City

Salary

How much does a Wealth Management Advisor make in Chicago, IL?

The average salary for a Wealth Management Advisor is $128,279 per year in Chicago, IL.

Graph depicting the yearly salary distribution for Wealth Management Advisor jobs in Chicago, IL, showing an average salary of $128,279 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Wealth Management Advisor jobs in Chicago, IL, showing an average salary of $10,690 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Wealth Management Advisor jobs in Chicago, IL, showing an average salary of $2,467 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Wealth Management Advisor jobs in Chicago, IL, showing an average salary of $62 with varying distribution percentages across salary ranges.

A Wealth Management Advisor in Chicago, IL, earns a competitive salary. On average, these professionals make about $128,279 per year. This figure reflects the expertise and responsibility that come with managing clients' financial portfolios. The salary range can vary based on experience, the size of the firm, and the clients' needs.

The salary distribution shows a broad range of earnings. About 15.43% of Wealth Management Advisors earn around $47,520. At the other end, the top 0.81% earn over $276,593 annually. Most advisors, around 19.49%, fall in the middle, earning between $93,335 and $116,242. This variety highlights the potential for growth and the rewards of gaining experience and building a strong client base.

What are the highest paying cities for a Wealth Management Advisor near Chicago, IL?

Job seekers looking for Wealth Management Advisor roles near Chicago, IL, can find top salaries in nearby cities. Skokie, IL, offers the highest average salary at $137,167. Naperville, IL, and Rockford, IL, also provide competitive salaries, with averages of $134,000 and $126,746, respectively. These cities present excellent opportunities for those seeking rewarding positions in wealth management.

Graph displaying highest paying cities salaries for Wealth Management Advisor jobs near Chicago, IL, highlighting Skokie, IL with the highest at $137,167 and Evanston, IL with the lowest at $60,890.

Skokie, IL
Average Salary: $137,167
In Skokie, financial advisors work with clients to manage their wealth effectively. Many professionals find opportunities with local banks and financial institutions. The community values financial expertise and stability.
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Naperville, IL
Average Salary: $134,000
Naperville offers a thriving environment for financial advisors. With many high-net-worth individuals, advisors here focus on personalized wealth management. Companies like Edward Jones and Merrill Lynch provide excellent career opportunities.
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Rockford, IL
Average Salary: $126,746
Rockford provides a balanced setting for financial advisors. The city's diverse economy allows for varied client portfolios. Local firms offer a supportive environment for career growth.
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Joliet, IL
Average Salary: $116,389
Joliet is a growing hub for wealth management. Advisors here benefit from a mix of corporate and individual clients. The city's financial sector is expanding, offering new opportunities.
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Schaumburg, IL
Average Salary: $88,932
Schaumburg is known for its strong financial industry. Advisors here work with a range of clients, from individuals to large corporations. The city's business-friendly environment supports career advancement.
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Crown Point, IN
Average Salary: $82,000
Crown Point offers a community-focused environment for financial advisors. The city's smaller size means close-knit client relationships. Local firms value personalized service and long-term client care.
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Evanston, IL
Average Salary: $60,890
Evanston provides a vibrant setting for financial advisors. The city's educated population seeks expert wealth management. Advisors here often work with prestigious financial institutions and enjoy a dynamic work environment.
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What are the best paying companies for a Wealth Management Advisor in Chicago, IL?

Job seekers looking for Wealth Management Advisor positions in Chicago, IL, have several top-tier companies to consider. Goodwin Recruiting offers the highest average salary at $250,000. Truist and Northern Trust Corp. also provide competitive salaries, with averages around $194,000 and $169,000, respectively. These companies present excellent opportunities for those seeking rewarding careers in wealth management.

Graph displaying best paying company salaries for Wealth Management Advisor jobs in Chicago, IL, highlighting Goodwin Recruiting with the highest at $250,000 and Northwestern Mutual with the lowest at $100,000.

Goodwin Recruiting
Average Salary: $250,000
Goodwin Recruiting offers top-tier Wealth Management Advisor positions in Chicago, IL. They focus on connecting top talent with leading firms. Their advisors work with high-net-worth individuals, providing personalized financial strategies.
Truist
Average Salary: $194,167
Truist provides Wealth Management Advisor roles in Chicago, IL. They offer a comprehensive approach to wealth management, helping clients achieve their financial goals. Truist operates across multiple locations in the city.
Northern Trust Corp.
Average Salary: $169,318
Northern Trust Corp. hires Wealth Management Advisors in Chicago, IL. They focus on private wealth management, offering tailored financial solutions. The company has several branches in the city.
Fifth Third Bank
Average Salary: $156,333
Fifth Third Bank offers Wealth Management Advisor positions in Chicago, IL. They provide a range of financial services, including investment management. Their advisors work with clients across various locations in the city.
AllianceBernstein
Average Salary: $148,983
AllianceBernstein hires Wealth Management Advisors in Chicago, IL. They focus on investment management and offer a variety of financial products. The company operates in multiple locations throughout the city.
Charles Schwab
Average Salary: $138,406
Charles Schwab provides Wealth Management Advisor roles in Chicago, IL. They offer a wide range of investment services and financial planning. Their advisors serve clients in various parts of the city.
BMO US
Average Salary: $132,650
BMO US offers Wealth Management Advisor positions in Chicago, IL. They focus on personalized financial planning and investment management. Their advisors work with clients in multiple locations in the city.
U.S. Bank
Average Salary: $115,574
U.S. Bank hires Wealth Management Advisors in Chicago, IL. They provide a range of financial services, including wealth management and investment solutions. The company has several branches in the city.
Bank of America
Average Salary: $114,283
Bank of America offers Wealth Management Advisor roles in Chicago, IL. They focus on comprehensive financial planning and investment management. Their advisors serve clients in various locations in the city.
Northwestern Mutual
Average Salary: $100,000
Northwestern Mutual provides Wealth Management Advisor positions in Chicago, IL. They focus on life insurance and financial planning. Their advisors work with clients in multiple locations throughout the city.

What are the best paying Wealth Management Advisor related jobs in Chicago, IL?

Wealth management advisors in Chicago, IL, can find high-paying roles in related fields. Chief Risk Officers earn an average of $220,984 per year, overseeing risk management strategies. Investment Bankers also enjoy a strong salary, averaging $139,186 annually, managing financial transactions and advising clients.

Graph displaying best paying related job salaries for Wealth Management Advisor jobs near Chicago, IL, highlighting Chief Risk Officer with the highest at $220,984 and Risk Specialist with the lowest at $117,255.

Chief Risk Officer
Average Salary: $220,984
This role involves overseeing risk management strategies. It requires a deep understanding of financial risks. Companies like JPMorgan Chase and Goldman Sachs offer these positions.
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Underwriting Manager
Average Salary: $165,861
This position involves assessing risks for insurance. It requires strong analytical skills. Firms like Allstate and State Farm in Chicago offer these roles.
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Estate Planner
Average Salary: $159,160
This role helps clients manage their assets. It involves legal and financial planning. Companies like Northwestern Mutual and Edward Jones provide these opportunities.
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Risk Management Manager
Average Salary: $145,501
This role focuses on identifying and mitigating risks. It requires a strategic approach. Firms like Willis Towers Watson and Aon offer these positions.
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Investment Banker
Average Salary: $139,186
This role involves advising on mergers and acquisitions. It requires strong financial analysis skills. Banks like Bank of America and Citigroup offer these roles.
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Portfolio Manager
Average Salary: $136,250
This role involves managing investment portfolios. It requires a deep understanding of financial markets. Firms like Vanguard and BlackRock offer these positions.
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Risk Management Director
Average Salary: $133,380
This role oversees all risk management activities. It requires leadership and strategic planning. Companies like Allstate and State Farm offer these roles.
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Certified Financial Planner
Average Salary: $125,700
This role involves helping clients with financial planning. It requires strong communication skills. Firms like Edward Jones and Merrill Lynch offer these positions.
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Loss Control Consultant
Average Salary: $118,676
This role helps businesses reduce risks. It involves analyzing potential hazards. Companies like Liberty Mutual and Travelers offer these positions.
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Risk Specialist
Average Salary: $117,255
This role focuses on specific areas of risk management. It requires detailed analysis and reporting. Firms like Willis Towers Watson and Aon offer these roles.
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Wealth Management Advisor Salary in Chicago, IL

How much does a Wealth Management Advisor make in Chicago, IL?

What are the highest paying cities for a Wealth Management Advisor near Chicago, IL?

What are the best paying companies for a Wealth Management Advisor in Chicago, IL?

Currently 436 Wealth Management Advisor job openings, nationwide.

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

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