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Personal Financial Advisors in Illinois

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Personal Financial Advisors in Illinois

Is Illinois a good place for you to work as a Personal Financial Advisor?

9.4% Jobs Projection
$88,760 Median Salary
1,360 Job Openings

You’re in luck! Jobs for Personal Financial Advisors in Illinois are projected to grow and these jobs tend to pay higher than average.

  • Projected employment for Personal Financial Advisors in Illinois is growing faster than average.

  • Personal Financial Advisors in Illinois earn higher salaries than the typical U.S. wage earner.

How Many Personal Financial Advisors Work in Illinois?

In 2018, there were 8,940 Personal Financial Advisors working in the state.

There were 10,650 Personal Financial Advisors employed in this state in 2017.

That’s a decline of 1,710 jobs between 2017 and 2018.

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The typical state has 1,820 Personal Financial Advisors working in it, which means Illinois has more Personal Financial Advisors than average.

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Job Projections for Illinois

Jobs for Personal Financial Advisors in this state are growing at a rate of 9.4% which is slower than the nationwide estimated projection of 14.9%.

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Illinois Annual Job Openings

The BLS estimates there will be 1,360 annual job openings, and 17,250 total jobs in 2026 for Personal Financial Advisors in this state.

Nationwide, the prediction is 25,500 annual jobs and 312,300 total jobs in 2026.

What do Personal Financial Advisors Make in Illinois?

In 2018 wages for Personal Financial Advisors ranged from $42,890 to $208,000 with $88,760 being the median annual salary.

Broken down to an hourly rate, workers in this field made anywhere from $20.62 to $100. The median hourly rate was $42.67.

In 2017 the median pay for this field was $40.25 an hour.

The hourly rate grew by $2.42.

The median salary in Illinois is higher than the nationwide median salary.

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Top Illinois Metros for Personal Financial Advisors

The table below shows some of the metros in this state with the most Personal Financial Advisors.

Metro Number Employed Annual Median Salary
Chicago-Naperville-Elgin, IL-IN-WI 7,860 $93,230
St. Louis, MO-IL 3,520 $65,830
Rockford, IL 180 $65,980
Springfield, IL 170 $85,130
Davenport-Moline-Rock Island, IA-IL 160 $86,020
Peoria, IL 160 $79,450
Champaign-Urbana, IL 60 $70,240
Bloomington, IL 60 $67,090
Kankakee, IL 40 $74,820
Cape Girardeau, MO-IL 40 $60,720

Top States for Personal Financial Advisors Employment

View the list below to see where most Personal Financial Advisors work.

State Number Employed Annual Median Salary
New York 26,710 $136,830
California 24,890 $96,490
Florida 14,080 $90,460
Texas 10,830 $88,220
Massachusetts 9,060 $82,060
Illinois 8,940 $88,760
Pennsylvania 8,590 $78,470
North Carolina 7,010 $97,960
Ohio 6,000 $74,390
Michigan 5,210 $73,050
Missouri 5,050 $63,000
Wisconsin 4,730 $88,590
New Jersey 4,700 $107,250
Georgia 4,660 $96,980
Connecticut 4,470 $98,000
Virginia 4,370 $83,220
Maryland 4,290 $81,360
Colorado 4,010 $85,120
Indiana 3,740 $90,150
Minnesota 3,720 $79,010

Below are the states where Personal Financial Advisors get paid the most:

State Annual Median Salary
New York $136,830
District of Columbia $136,660
New Jersey $107,250
Delaware $101,920
Maine $101,550
Washington $99,960
Connecticut $98,000
North Carolina $97,960
Georgia $96,980
California $96,490

You may also be interested in the following careers:

Occupation IL Employment Total

References

More about our data sources and methodologies.

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