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Personal Financial Advisors Salary in Illinois

The median pay for a personal financial advisors in Illinois is $104,310/year ($50.15/hour), per BLS data. Entry-level workers start around $54K. (BLS did not publish a top-end figure for this area.)

AffordMap analysis of BLS Occupational Employment and Wage Statistics (latest release, May 2024)

$104K
Median annual
$50.15/hr
Hourly rate
$54K
Entry level (10th %)
N/A
Senior level (90th %)
BLS suppressed

So what does $104K get you in Illinois?

Take-home$6,384/mo
2BR rent (est.)-$1,203/mo
Rent burden18.8%
COL-adjusted salary$104,310/yr
After rent$5,181/mo
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About personal financial advisors

U.S. employed: 10,410
Category: Business & Finance
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Compensation breakdown

Annual earnings by percentile, Illinois

Bar chart showing Personal Financial Advisors salary percentiles in Illinois: 10th percentile $54,150, 25th percentile $73,920, median $104,310, 75th percentile $151,160, 90th percentile $0. Source: Bureau of Labor Statistics.10th$54K25th$74KMedian$104K75th$151K
Bar chart showing Personal Financial Advisors salary percentiles in Illinois: 10th percentile $54,150, 25th percentile $73,920, median $104,310, 75th percentile $151,160, 90th percentile $0. Source: Bureau of Labor Statistics.

Entry-level personal financial advisors (10th percentile) start around $54K. Mid-career wages sit at $104K.BLS did not publish 90th percentile data for this occupation in this area (sample size too small).

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Personal Financial Advisors pay across states

Median income ranked highest to lowest, compared to the national figure

StateMedian salaryvs. nationalEmployment
New York$168K+64%28,820
Idaho$136K+34%930
California$129K+26%34,070
Delaware$128K+25%600
New Jersey$124K+21%6,830
South Dakota$123K+21%500
Maryland$123K+20%5,560
Wisconsin$116K+13%5,240
Washington$112K+10%6,510
Connecticut$107K+5%3,990
Illinois$104K+2%10,410
Pennsylvania$103K+1%12,370
Indiana$102K-0%5,370
Massachusetts$101K-1%7,410
Rhode Island$101K-1%1,290

Track personal financial advisors salary changes

BLS updates this data quarterly. We'll email you when Illinois numbers change.

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Frequently asked questions

How much do personal financial advisors make in Illinois?

The median is $104,310 a year - that works out to about $50.15 an hour. The range is wide: entry-level workers start around $54,150. These are BLS numbers, based on employer-reported data, not self-reported surveys.

Is $104K enough to live in Illinois?

On that salary, you'd take home roughly $6,384/month after taxes. A 2-bedroom in this state rents for about $1,203/month (median of metro areas), which eats 18.8% of your paycheck. That's under the 30% guideline most financial planners use, so the numbers work.

How far does a personal financial advisors salary go in Illinois?

Illinois has a Regional Price Parity of 100 (100 is the national average). That's right at the national average. After cost-of-living adjustment, the median personal financial advisors salary is worth about $104,310 in national-average purchasing power.

Where do personal financial advisors get paid the most?

The table above ranks every state by median pay for this role. Keep in mind that the highest-paying states tend to have the highest costs of living, so the top salary doesn't always mean the most money in your pocket.

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