Personal Financial Advisors pay range in Chicago
New workers and the lowest-paid 10% earn about $51,050 a year or less, while the top 10% make $322,440 or more. The middle half of personal financial advisors in Chicago earn between $71,240 and $173,240.
- $51K10th
- $71K25th
- $113KMedian
- $173K75th
- $322K90th
median average · bar = middle 50% of workers
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $156,300 | $13,025 | $75.14 |
| Median | $113,210 | $9,434 | $54.43 |
| Entry level (25th percentile) | $71,240 | $5,937 | $34.25 |
| Experienced (75th percentile) | $173,240 | $14,437 | $83.29 |
*Hourly figures assume 2,080 paid hours a year.
Personal Financial Advisors salary after taxes in Chicago
On the average salary of $156,300, a single filer in Chicago takes home about $110,501 a year, or $9,208 a month and $4,250 every two weeks. Taxes take 29% of gross pay.
The Chicago-Naperville-Elgin, IL-IN metro area crosses state lines, so take-home pay depends on the state where you work:
| State | Per year | Per month |
|---|---|---|
| Working in IN | $113,438 | $9,453 |
| Working in IL | $110,501 | $9,208 |
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
Is Chicago a good place for personal financial advisors? Pay vs. cost of living
Prices in the Chicago area are 4% above the U.S. average (BEA price parity 103.6), so the average $156,300 buys what about $150,876 would buy in a typical U.S. metro. This job pays 2.1 times the median wage of all jobs in Chicago ($54,720). A typical home costs $353,998, or 2.3 years of this average salary before tax.
Personal Financial Advisors salary in other Illinois cities
Chicago ranks 4th of 6 Illinois metro areas for this job; Springfield pays the most ($185,470).
- Springfield$185,470
- Bloomington$161,600
- Rockford$161,440
- Chicago$156,300
- Peoria$146,940
- Champaign$125,770
Highest-paying cities for personal financial advisors
Staunton, VA pays this job the most of the metro areas we cover ($258,100).
- Staunton, VA$258,100
- Naples, FL$227,090
- New York, NY$217,170
- Macon, GA$214,380
- San Francisco, CA$214,350
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Personal Financial Advisors salary in Chicago: questions
How much do personal financial advisors make an hour in Chicago?
$75.14 an hour on average, and $54.43 at the median (BLS, May 2025).
What is the entry-level personal financial advisors salary in Chicago?
The lowest-paid 10% earn about $51,050 a year and the 25th percentile is $71,240, a fair guide to starting pay.
What is the personal financial advisors take-home pay in Chicago?
About $110,501 a year ($9,208 a month) for a single filer on the average salary of $156,300.
Do personal financial advisors earn more in Chicago than elsewhere?
The average here is about the same as the U.S. metro average for this job ($159,711).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2052; area Chicago-Naperville-Elgin, IL-IN (16980). Relative standard error of the mean wage: 9.8%.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and state income tax (2025 rules).
- Job concentration: location quotient 1.08, this job is about as common as in the U.S. overall.
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