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As of August 01, 2026, the average salary for a Wealth Management Advisor II in Illinois is $75,500 per year, which breaks down to an hourly rate of $36.
However, a Wealth Management Advisor II's salary can vary significantly. Here’s a look at the typical salary range:
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Wealth Management Advisor II Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $84,000 | $7,000 | $1,615 | $40 |
| Average | $75,500 | $6,292 | $1,452 | $36 |
| 25th Percentile | $68,500 | $5,708 | $1,317 | $33 |
U.S. Bank - Oak Lawn, IL
RK Partners - Chicago, IL
JPMorgan Chase - Schaumburg, IL
Chase - Chicago, IL
A Wealth Management Advisor II'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 II'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 IIs. 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 II salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $81,288. While startup companies pay approximate $68,893.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $68,893 |
| Growth Stage | 51~500 | $72,842 |
| Established | 501~5000 | $78,525 |
| Enterprise | 5000+ | $81,288 |
For Wealth Management Advisor II roles, the industry you choose can affect earning potential by as much as 60% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Business Services sectors offer the strongest compensation, at 30% 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 II as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $98,150 | $47.0 | 30% |
| Business Services | $83,050 | $40.0 | 10% |
Understanding how a Wealth Management Advisor II'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 | $84,000 | $7,000 | $1,615 | $40 |
| Average | $75,500 | $6,292 | $1,452 | $36 |
| 25th Percentile | $68,500 | $5,708 | $1,317 | $33 |
Promotions are the fastest way to increase your earnings. As a Wealth Management Advisor II, 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 III | $91,340 | 21% |
| Private Client Banker III | $104,720 | 39% |
Ready to take the next step in your career? Browse thousands of current Wealth Management Advisor II job openings on our job board. Use the search bar below to find your perfect match.
Chase
Lockport, IL
Chase | Lockport, IL
Private Client AdvisorAt J.P. Morgan Chase, we have an enthusiasm for helping our clients, taking care of our employees, building relationships, and delive... more
5 Days Ago
Illinois Secretary of State
Springfield, IL
Illinois Secretary of State | Springfield, IL
Job Description. Job Description. Office of the Illinois Secretary of State. Alexi Giannoulias. Job Title. Information Systems Advisor II – Integration M more
1 Day Ago
Confidential
PHILADELPHIA, PA
Confidential | PHILADELPHIA, PA
Senior Wealth Advisor. About the Company. Prominent regional investment management firm. Industry. Financial Services. Type. Privately Held. About the Role... more
1 Month Ago
Confidential
LOS ANGELES, CA
Confidential | LOS ANGELES, CA
Senior Wealth Advisor. About the Company. Respected wealth management firm. Industry. Financial Services. Type. Privately Held. About the Role. The Company... more
1 Month Ago
Confidential
APPLETON, WI
Confidential | APPLETON, WI
Senior Vice President, Lead Wealth Advisor. About the Company. A nationally recognized wealth management, retirement advisory, and business management firm... more
25 Days Ago
Confidential
CARMEL, IN
Confidential | CARMEL, IN
Senior Vice President, Lead Wealth Advisor. About the Company. Nationally recognized wealth management and retirement advisory firm serving individuals and... more
1 Month Ago
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