Personal Financial Advisors in Illinois
Is Illinois a good place for you to work as a Personal Financial Advisor?
You’re in luck! Jobs for Personal Financial Advisors in Illinois are projected to grow and these jobs tend to pay higher than average.
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Projected employment for Personal Financial Advisors in Illinois is growing faster than average.
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Personal Financial Advisors in Illinois earn higher salaries than the typical U.S. wage earner.
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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.
The typical state has 1,820 Personal Financial Advisors working in it, which means Illinois has more Personal Financial Advisors than average.
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%.
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.
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 |
Related Careers in IL
You may also be interested in the following careers:
| Occupation | IL Employment Total |
|---|
References
- Bureau of Labor Statistics (BLS)
- College Factual
- National Center for Education Statistics
- O*NET Online
- Image Credit: By Dave Dugdale under License
More about our data sources and methodologies.
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