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As of August 01, 2026, the average salary for an Insurance Based Financial Advisor in Illinois is $71,778 per year, which breaks down to an hourly rate of $35.
However, an Insurance Based Financial Advisor's salary can vary significantly. Here’s a look at the typical salary range:
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Insurance Based Financial Advisor Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $78,529 | $6,544 | $1,510 | $38 |
| Average | $71,778 | $5,981 | $1,380 | $35 |
| 25th Percentile | $65,802 | $5,483 | $1,265 | $32 |
Thrivent Financial for Lutherans - Geneseo, IL
New York Life - Downers Grove, IL
American Senior Benefits - Woodridge, IL
Horace Mann - CHERRY HILL, NJ
An Insurance Based Financial Advisor'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 an Insurance Based Financial Advisor'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:
| Levels | Salary |
|---|---|
| Insurance... Level Insurance Based Financial Advisor | $70,371 |
| Financial... Level Insurance Based Financial Advisor | $82,868 |
| Financial... Level Insurance Based Financial Advisor | $99,318 |
| Financial... Level Insurance Based Financial Advisor | $119,730 |
| Financial... Level Insurance Based Financial Advisor | $154,421 |
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 Insurance Based Financial Advisors. 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:
For Insurance Based Financial Advisor roles, the industry you choose can affect earning potential by as much as 63% (the gap between the highest and lowest paying industries). Data shows that the Financial Services and Software & Networking sectors offer the strongest compensation, at 35% above the average. In contrast, Insurance Based Financial Advisor positions in Edu., Gov't. & Nonprofit or Hospitality & Leisure typically offer lower base pay, as these industries often view Insurance Based Financial Advisor as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Financial Services | $96,900 | $47.0 | 35% |
| Software & Networking | $93,311 | $45.0 | 30% |
| Pharmaceuticals | $86,133 | $41.0 | 20% |
| Energy & Utilities | $84,698 | $41.0 | 18% |
| Biotechnology | $80,391 | $39.0 | 12% |
Understanding how an Insurance Based Financial Advisor'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 | $78,529 | $6,544 | $1,510 | $38 |
| Average | $71,778 | $5,981 | $1,380 | $35 |
| 25th Percentile | $65,802 | $5,483 | $1,265 | $32 |
Ready to take the next step in your career? Browse thousands of current Insurance Based Financial Advisor job openings on our job board. Use the search bar below to find your perfect match.
Horace Mann
LINDENWOLD, NJ
Horace Mann | LINDENWOLD, NJ
Horace Mann seeks a mission-driven Financial Advisor to serve K–12 educators and school employees. In this role, you’ll provide personalized guidance on in... more
8 Days Ago
Horace Mann
WILLINGBORO, NJ
Horace Mann | WILLINGBORO, NJ
Horace Mann seeks a Financial Advisor to serve K–12 educators with personalized insurance and retirement solutions. In this mission-driven role, you’ll bui... more
8 Days Ago
Horace Mann
EVESHAM, NJ
Horace Mann | EVESHAM, NJ
Horace Mann seeks a mission-driven Financial Advisor to serve K–12 educators and school employees. In this client-facing role, you will provide personalize... more
8 Days Ago
Horace Mann
RIVERTON, NJ
Horace Mann | RIVERTON, NJ
Horace Mann seeks a mission-driven Financial Advisor to serve K–12 educators and school employees. In this client-facing role, you’ll provide holistic guid... more
8 Days Ago
Horace Mann
WESTVILLE, NJ
Horace Mann | WESTVILLE, NJ
Horace Mann seeks a Financial Advisor to provide insurance and retirement solutions tailored to K–12 educators and school employees. In this mission-driven... more
8 Days Ago
Year Up United
BLOOMFIELD, PA
Year Up United | BLOOMFIELD, PA
Year Up United seeks motivated interns for our Financial Advisor Training Program within the Banking, Insurance & Investment sector. As a Financial Advisor... more
14 Days Ago
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