Financial Advisor Salary in Illinois
According to the Bureau of Labor Statistics (BLS), at 6,860, in 2010 Illinois was home to the fifth greatest number of personal financial advisors of any state in the nation. These advisors earned an average annual salary of $80,470. Advisors earning salaries in the top 25 percent earned $96,010 annually on average, while those earning in the top 10 percent made an average of $153,780 per year.
At $81,030, the average mean wage of personal financial advisors in the Chicago-Naperville-Joliet area was a bit higher than the state average.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Bloomington-Normal, IL
30
$34.40
$71,560
$30.72
$47.95
$56.37
$63,890
$99,740
$117,250
Champaign-Urbana, IL
60
$51.60
$107,330
$43.05
$58.90
Equal to or Greater than $80
$89,540
$122,510
Equal to or Greater than $166,400
Chicago-Naperville-Joliet, IL Metropolitan Division
5,670
$38.96
$81,030
$34.77
$46.62
$68.17
$72,310
$96,980
$141,800
Chicago-Naperville-Joliet, IL-IN-WI
6,170
$39.15
$81,430
$34.37
$46.63
$74.64
$71,500
$96,980
$155,250
Davenport-Moline-Rock Island, IA-IL
90
$33.40
$69,480
$22.09
$39.51
$67.49
$45,940
$82,180
$140,380
Lake County-Kenosha County, IL-WI Metropolitan Division
410
$40.10
$83,410
$28.44
$42.43
Equal to or Greater than $80
$59,160
$88,250
Equal to or Greater than $166,400
Peoria, IL
90
$39.01
$81,140
$25.18
$35.31
Equal to or Greater than $80
$52,370
$73,440
Equal to or Greater than $166,400
Rockford, IL
100
$39.47
$82,110
$34.42
$51.12
$67.90
$71,600
$106,320
$141,230
St. Louis, MO-IL
1,410
$41.57
$86,470
$33.68
$51.45
Equal to or Greater than $80
$70,040
$107,040
Equal to or Greater than $166,400
Springfield, IL
80
$33.23
$69,480
$30.14
$36.21
$55.33
$62,680
$75,320
$115,080
Northwest Illinois nonmetropolitan area
90
$34.32
$71,390
$25.48
$43.15
Equal to or Greater than $80
$53,000
$89,760
Equal to or Greater than $166,400
West Central Illinois nonmetropolitan area
60
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
East Central Illinois nonmetropolitan area
Not Released
$32.76
$68,150
$28.56
$36.14
$67.81
$59,400
$75,170
$141,050
South Illinois nonmetropolitan area
70
$37.91
$78,860
$26.51
$48.51
Equal to or Greater than $80
$54,400
$100,910
Equal to or Greater than $166,400
Stockbroker Salary in Illinois
The BLS reported that there were 19,530 securities, commodities, and financial services sales agents working in Illinois in 2010, meaning the state was home to the fourth-highest number of these financial professionals in the nation. Illinois’ securities agents earned an average annual salary of $95,340. Those earning salaries in the top 25 percent earned an average of $119,260 annually.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Bloomington-Normal, IL
110
$53.91
$112,120
$44.68
$77.26
Equal to or Greater than $80
$92,940
$160,690
Equal to or Greater than $166,400
Cape Girardeau-Jackson, MO-IL
70
$37.25
$77,480
$24.15
$33.26
Equal to or Greater than $80
$50,240
$69,190
Equal to or Greater than $166,400
Champaign-Urbana, IL
90
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Chicago-Naperville-Joliet, IL Metropolitan Division
16,830
$47.21
$98,190
$36.86
$58.77
Equal to or Greater than $80
$76,680
$122,230
Equal to or Greater than $166,400
Chicago-Naperville-Joliet, IL-IN-WI
17,970
$46.49
$96,690
$36.50
$57.73
Equal to or Greater than $80
$75,930
$120,070
Equal to or Greater than $166,400
Davenport-Moline-Rock Island, IA-IL
290
$27.37
$56,920
$19.02
$31.18
$51.82
$39,550
$64,850
$107,800
Decatur, IL
90
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Kankakee-Bradley, IL
Not Released
$34.05
$70,830
$18.14
$44.14
$70.57
$37,740
$91,810
$146,780
Lake County-Kenosha County, IL-WI Metropolitan Division
750
$38.61
$80,310
$28.76
$50.94
$71.70
$59,830
$105,960
$149,130
Peoria, IL
120
$41.11
$85,500
$37.78
$56.47
$72.80
$78,590
$117,450
$151,430
Rockford, IL
230
$39.50
$82,170
$33.32
$54.52
$79.25
$69,310
$113,390
$164,840
St. Louis, MO-IL
3110
$34.81
$72,400
$24.94
$46.26
$78.55
$51,860
$96,230
$163,390
Springfield, IL
260
$38.89
$80,880
$33.38
$49.33
$76.88
$69,430
$102,610
$159,900
Northwest Illinois nonmetropolitan area
350
$22.28
$46,340
$15.18
$18.57
$47.79
$31,570
$38,630
$99,400
West Central Illinois nonmetropolitan area
140
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
East Central Illinois nonmetropolitan area
60
$45.91
$95,490
$24.91
$56.05
Equal to or Greater than $80
$51,810
$116,580
Equal to or Greater than $166,400
South Illinois nonmetropolitan area
110
$26.81
$55,770
$18.23
$22.79
$63.18
$37,910
$47,410
$131,410
Life/Annuity Producer Salary in Illinois
According to information provided by the Bureau of Labor Statistics (BLS), at 15,320, Illinois was home to the fifth-highest number of insurance sales agents of any state in the country in 2010. These agents earned an average annual salary of $64,910. Agents earning salaries in the top 25 percent made $77,690 on average, while those earning in the top 10 percent earned an average annual salary of $124,400.
Area name
Employment
Hourly mean wage
Annual mean salary
Hourly median wage
Hourly 75th percentile wage
Hourly 90th percentile wage
Annual median salary
Annual 75th percentile salary
Annual 90th percentile salary
Cape Girardeau-Jackson, MO-IL
120
$34.69
$72,160
$24.96
$38.78
Equal to or Greater than $80
$51,910
$80,660
Equal to or Greater than $166,400
Champaign-Urbana, IL
260
$22.65
$47,100
$17.87
$24.05
$36.75
$37,170
$50,030
$76,440
Chicago-Naperville-Joliet, IL Metropolitan Division
10,630
$32.91
$68,440
$26.97
$39.30
$58.93
$56,100
$81,740
$122,570
Chicago-Naperville-Joliet, IL-IN-WI
12,190
$32.25
$67,080
$25.59
$38.16
$57.34
$53,230
$79,380
$119,260
Danville, IL
50
$21.47
$44,660
$15.64
$20.57
$41.86
$32,530
$42,790
$87,070
Davenport-Moline-Rock Island, IA-IL
400
$26.27
$54,650
$18.52
$28.15
$45.97
$38,530
$58,560
$95,620
Decatur, IL
140
$21.93
$45,610
$17.46
$20.45
$28.36
$36,310
$42,540
$58,980
Kankakee-Bradley, IL
90
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Not Released
Lake County-Kenosha County, IL-WI Metropolitan Division
850
$27.95
$58,140
$22.63
$30.44
$49.99
$47,080
$63,310
$103,970
Peoria, IL
500
$22.25
$46,280
$17.37
$26.66
$46.25
$36,140
$55,460
$96,190
Rockford, IL
360
$21.21
$44,120
$14.99
$25.91
$40.68
$31,170
$53,900
$84,610
St. Louis, MO-IL
4,860
$26.55
$55,230
$20.67
$29.87
$44.95
$43,000
$62,120
$93,500
Springfield, IL
350
$25.56
$53,170
$14.81
$23.85
$76.38
$30,800
$49,600
$158,870
Northwest Illinois nonmetropolitan area
200
$23.06
$47,970
$18.14
$25.06
$42.10
$37,740
$52,130
$87,560
West Central Illinois nonmetropolitan area
410
$20.79
$43,240
$15.52
$25.81
$40.64
$32,270
$53,680
$84,530
East Central Illinois nonmetropolitan area
250
$27.38
$56,950
$17.19
$30.61
$63.04
$35,760
$63,670
$131,130
South Illinois nonmetropolitan area
Not Released
$17.13
$35,630
$15.76
$19.59
$27.98
$32,790
$40,740
$58,200
Salary and employment data compiled by the United States Department of Labor’s Bureau of Labor Statistics in May of 2010. These estimates do not include self-employed financial advisors. The Bureau of Labor Statistics always expresses salaries equal to or greater than $166,400 (hourly wage of $80.00) as such and doesn’t provide estimates beyond these totals.
