Know your market value with insights across roles — from individual contributors to executive pay and overall company compensation trends.
Access a suite of powerful calculators to make data-driven career decisions.
Automate pay cycles, manage job architectures, and ensure pay equity with AI-powered compensation platforms.
Access validated salary benchmarks, labor market trends, and minimum wage data to stay competitive.
Participate in and purchase industry-specific salary surveys to obtain the most accurate, peer-reported pay data.
As of August 01, 2026, the average salary for a Wealth Management Advisor I in Illinois is $56,800 per year, which breaks down to an hourly rate of $27.
However, a Wealth Management Advisor I's salary can vary significantly. Here’s a look at the typical salary range:
Compensation Planning
Develop a Job Description
Pay Equity
2026 Compensation Trend
AI-Powered HR
Smart Recruiting
Wealth Management Advisor I Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $62,600 | $5,217 | $1,204 | $30 |
| Average | $56,800 | $4,733 | $1,092 | $27 |
| 25th Percentile | $48,800 | $4,067 | $938 | $23 |
MAI WEALTH MANAGEMENT, INC. - Deerfield, IL
U.S. Bank - Oak Lawn, IL
RK Partners - Chicago, IL
JPMorgan Chase - Chicago Heights, IL
A Wealth Management Advisor I's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of a Wealth Management Advisor I's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Wealth Management Advisor I | 0-2 years | $56,784 |
| Wealth Management Advisor II | 2-4 years | $75,475 |
| Wealth Management Advisor III | 4-7 years | $91,330 |
| Wealth Management Advisor IV | 7+ years | $110,068 |
| Wealth Management Advising Director | 7+ years | $222,939 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Wealth Management Advisor Is. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Wealth Management Advisor I salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $61,154. While startup companies pay approximate $51,829.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $51,829 |
| Growth Stage | 51~500 | $54,801 |
| Established | 501~5000 | $59,075 |
| Enterprise | 5000+ | $61,154 |
For Wealth Management Advisor I roles, the industry you choose can affect earning potential by as much as 95% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 45% above the average. In contrast, Wealth Management Advisor positions in Insurance or Edu., Gov't. & Nonprofit typically offer lower base pay, as these industries often view Wealth Management Advisor I as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $82,360 | $40.0 | 45% |
| Business Services | $62,480 | $30.0 | 10% |
Understanding how a Wealth Management Advisor I's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $62,600 | $5,217 | $1,204 | $30 |
| Average | $56,800 | $4,733 | $1,092 | $27 |
| 25th Percentile | $48,800 | $4,067 | $938 | $23 |
Promotions are the fastest way to increase your earnings. As a Wealth Management Advisor I, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Wealth Management Advisor II | $75,500 | 33% |
| Private Client Banker II | $88,200 | 55% |
Ready to take the next step in your career? Browse thousands of current Wealth Management Advisor I job openings on our job board. Use the search bar below to find your perfect match.
Chase
Peoria, IL
Chase | Peoria, IL
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
4 Days Ago
Chase
Springfield, IL
Chase | Springfield, IL
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
4 Days Ago
JPMorgan Chase
Edwardsville, IL
JPMorgan Chase | Edwardsville, IL
Private Client Advisor. At J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and deli... more
5 Days Ago
JPMorgan Chase
Chicago, IL
JPMorgan Chase | Chicago, IL
Job Title. Internal Client Advisor. Job Description. As a member of the J.P. Morgan internal sales team, you will work closely with a senior territory base... more
4 Days Ago
Midland States Bank
Champaign, IL
Midland States Bank | Champaign, IL
Wealth Advisor At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but ... more
3 Days Ago
Regal Securities, Inc.
Glenview, IL
Regal Securities, Inc. | Glenview, IL
Job Description. Job Description. Wealth Advisor. Regal Securities, Inc. and Regal Advisory Services, Inc. . Glenview, IL, Orlando, FL, Fort Myers, FL. Reg... more
5 Days Ago
Get a Salary Increase
Analyze the market and your qualifications to negotiate your salary with confidence.
Search Job Openings
Search thousands of open positions to find your next opportunity.
Adjust Employee Salary
Individualize employee pay based on unique job requirements and personal qualifications.
Price My Industry Jobs
Get the latest market price for benchmark jobs and jobs in your industry.
Use Salary.com's Cost of Living Calculator to find out what income you need to maintain your standard of living in a different city and how much more or less money you need to budget for basic expenses.
Explore Cost of Living CalculatorSalary.com experts will help you thrive your workplaces.
Salary.com provides salary survey data for thousands of industry Jobs.
Salary.com salary estimates, histograms, trends, and comparisons are derived from both employer job postings and third-party data sources. We also provide multiple percentiles of salary information for your reference, click here to know Why the Salary Midpoint Formula Is Crucial to Getting Pay Equity Right. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Salary.com's CompAnalyst platform offers:
