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 cities 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 2016 and published in April 2017 [1].

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

Percentile BracketAverage Annual Salary
10th Percentile Wage
$41,190
25th Percentile Wage
$54,510
50th Percentile Wage
$81,830
75th Percentile Wage
$133,600
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 $81,830. The average annual salary for the bottom 10 percent is $41,190.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$19.80
25th Percentile Wage
$26.21
50th Percentile Wage
$39.34
75th Percentile Wage
$64.23
90th Percentile Wage
$84.51

Table 2 shows the average hourly salary for personal financial advisors in Illinois in 5 percentile scales. The average hourly salary for the 90th percentile is $84.51. The median hourly salary is $39.34. The average hourly salary for the bottom 10 percent is $19.80.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of personal financial advisors from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201681,8302.54%15.95%
201579,7505.93%-
201475,0205.92%-
201370,5802.55%-
201268,780--

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 $43,040 to $83,760. The highest paying area for personal financial advisors in Illinois is Chicago-Joliet-Naperville (IL-IN-WI Area) with a median annual salary of $83,760. The second highest paying city/area in Illinois State is Chicago-Joliet-Naperville (IL Metropolitan Division) (mean annual salary $83,190). The lowest paying area is Northwest Illinois nonmetropolitan area with a median annual salary of $43,040.

Cities/Areas Median Annual Salary
Chicago-Joliet-Naperville (IL-IN-WI Area)
$83,760
Chicago-Joliet-Naperville (IL Metropolitan Division)
$83,190
Springfield
$78,830
Peoria
$61,580
Champaign-Urbana
$57,150
Rockford
$54,620
East Central Illinois nonmetropolitan area
$50,540
South Illinois nonmetropolitan area
$45,540
West Central Illinois nonmetropolitan area
$45,230
Bloomington-Normal
$43,790
Northwest Illinois nonmetropolitan area
$43,040


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