Personal Financial Advisor Salary in Chicago, IL
2024 BLS OEWS Data · Finance · COL Index: 107.3
$108,640
Median Salary
$162,700
Mean Salary
$101,249
COL-Adjusted
8,170
Employment
Salary Distribution
Percentile Breakdown
| Percentile | Salary | COL-Adjusted |
|---|---|---|
| 10th Percentile (Entry Level) | $59,640 | $55,582 |
| 25th Percentile | $76,400 | $71,202 |
| 50th Percentile (Median) | $108,640 | $101,249 |
| 75th Percentile | $162,290 | $151,249 |
| 90th Percentile (Top Earners) | $232,035 | $216,249 |
What Drives the Range
The $172,395 spread between the 10th and 90th percentiles for Personal Financial Advisor positions in Chicago, IL reflects several factors. Entry-level professionals and those in smaller organizations typically fall in the lower quartiles, while senior specialists, those with in-demand certifications, and employees at large enterprises command salaries in the upper percentiles.
Chicago, IL's cost-of-living index of 107.3 means that a $108,640 median salary here has the same purchasing power as $101,249 in an average-cost U.S. city. The relatively moderate cost of living makes this a competitive market for purchasing power.