What is the average Financial Advisor salary in Chicago, IL?
Financial Advisors in Chicago earn a median of $105,600 per year — about 6% above the national average. Pay ranges from $76,000 (25th percentile) to $163,700 (90th percentile).
Financial Advisor salary by experience level
How Chicago pay compares
Cost-of-living adjusted is the Chicago salary translated into equivalent purchasing power vs the US average (COL index 100). Useful for comparing offers across cities.
5-year salary trend
Trend extrapolated from BLS May 2024 BLS OEWS OEWS data using the latest year-over-year growth rate of 4.3%.
Financial Advisor job market in Chicago
Chicago's economy is anchored by finance, manufacturing, and a growing tech scene. Salaries are competitive without the coastal cost of living.
An estimated 9,400 financial advisors work in the Chicago metro. Daily responsibilities typically include:
- Meet with clients
- Build financial plans
- Review portfolios
- Research investment options
- Maintain client records
Related job salaries in Chicago
Financial Advisor salary in other cities
FAQ
How much does a Financial Advisor make in Chicago, IL?+
Financial Advisors in Chicago earn a median of $105,600 per year — about 6% above the national average of $99,580.
What's the entry-level Financial Advisor salary in Chicago?+
Entry-level Financial Advisors in Chicago typically earn around $68,600 per year. Salaries scale to about $153,100 at the senior level with 8+ years of experience.
Is $105,600 a good Financial Advisor salary in Chicago?+
$105,600 is the median, meaning half of Financial Advisors in Chicago earn more and half earn less. Adjusted for the city's cost-of-living index of 107, that's roughly $98,700 in nationally-equivalent purchasing power.
How fast is Financial Advisor pay growing in Chicago?+
Financial Advisor salaries in Chicago grew about 4.3% year-over-year in the latest BLS data. The 10-year national outlook for this role is +13%.
Where do Financial Advisors in Chicago get paid the most?+
The 90th percentile Financial Advisor salary in Chicago is around $163,700. These typically include senior, lead, or specialist roles at major employers.
Are you being paid fairly in Chicago?
Run a free comparison against BLS data — see if your salary is below, at, or above the Chicago median.
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