Personal Financial Advisor Salary Information in Illinois

The average annual and hourly salaries for personal financial advisors in the state of Illinois are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of personal financial advisors among Illinois areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2017 and published in April 2018 [1].

Table 1 & 2. Annual & Hourly Salary of Personal Financial Advisors in Illinois

Percentile BracketAverage Annual Salary
10th Percentile Wage
$39,750
25th Percentile Wage
$55,450
50th Percentile Wage
$83,730
75th Percentile Wage
$165,100
90th Percentile Wage
$175,780

Table 1 shows the average annual salary for personal financial advisors in Illinois in 5 percentile scales. The average annual salary for the 90th percentile (the top 10 percent of the highest paid) is $175,780. The median (50th percentile) annual salary is $83,730. The average annual salary for the bottom 10 percent is $39,750.

Salary Trend (2012 to 2017)

The table and chart below show the trend of the median salary of personal financial advisors from 2012 to 2017.

YearMedian SalaryYearly Growth5-Year Growth
2017
$83,730
2.27% 17.86%
2016
$81,830
2.54% -
2015
$79,750
5.93% -
2014
$75,020
5.92% -
2013
$70,580
2.55% -
2012
$68,780
- -

Table 3. Median Annual Salary of Personal Financial Advisors in Illinois Cities

Table 3 shows the median annual salary of personal financial advisors in some Illinois cities and metropolitan areas. We note that the median annual salary of personal financial advisors in state of Illinois ranges from $39,910 to $95,930. The highest paying area for personal financial advisors in Illinois is Kankakee-Bradley with a median annual salary of $95,930. The second highest paying city/area in Illinois State is Chicago-Joliet-Naperville (IL Metropolitan Division) (mean annual salary $86,640). The lowest paying area is Northwest Illinois nonmetropolitan area with a median annual salary of $39,910.

Cities/Areas Median Annual Salary
Kankakee-Bradley
$95,930
Chicago-Joliet-Naperville (IL Metropolitan Division)
$86,640
Chicago-Joliet-Naperville (IL-IN-WI Area)
$86,030
Decatur
$85,760
Springfield
$82,930
Peoria
$71,900
Champaign-Urbana
$61,410
West Central Illinois nonmetropolitan area
$54,940
Rockford
$54,300
South Illinois nonmetropolitan area
$53,730
East Central Illinois nonmetropolitan area
$47,260
Bloomington-Normal
$43,790
Northwest Illinois nonmetropolitan area
$39,910




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