How Much Does an Associate Advisor Make in Illinois?

Updated April 01, 2025
As of April 01, 2025, the average annual pay of Associate Advisor in Illinois is $55,064. While Salary.com is seeing that Associate Advisor salary in IL can go up to $67,680 or down to $42,806, but most earn between $48,648 and $61,668. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Related Job Titles to Associate Advisor
Associate Financial Advisor
$55,888
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Associate Wealth Advisor
$94,592
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Investment Advisor Associate
$60,886
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Admissions Associate Advisor
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Similar Job Salaries to Associate Advisor by Company

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Company average base salary in (usd) range
Home State Health Plan
Associate Quality Practice Advisor
$65,123/yr
$58,634
$71,613
RANGE: $58,634 - $71,613
NYLIFE Securities
Associate Financial Advisor
$76,524/yr
$68,234
$84,815
RANGE: $68,234 - $84,815
Crash Champions Collision Repair
Associate Service Advisor
$53,122/yr
$47,699
$58,545
RANGE: $47,699 - $58,545
choreo
Associate Advisor, Wealth Management
$92,209/yr
$82,339
$102,078
RANGE: $82,339 - $102,078
RK Partners
Associate Wealth Management Advisor
$98,929/yr
$88,340
$109,518
RANGE: $88,340 - $109,518
BMO Financial Group
Associate Financial Advisor
$76,607/yr
$67,993
$85,221
RANGE: $67,993 - $85,221
Hightower Advisors
Associate Advisor - Hightower Great Lakes
$88,961/yr
$80,813
$97,110
RANGE: $80,813 - $97,110

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Top 10 Highest Paying Cities For Associate Advisor Jobs in Illinois

It is important to understand how location impacts your career prospects in the United States. There are some cities where an Associate Advisor can find a job easily with a greater salary paid then achieve a higher standard of living. Below is the top cities list for Associate Advisor job salaries in Illinois. Some cities can pay higher salaries for Associate Advisor jobs, which can indicate that there is a large demand for Associate Advisor positions in this city.
The following table shows top 10 cities where the Associate Advisor salary is higher than other cities in Illinois. Chicago takes first place in this list, followed by Cicero, Oak Park. The Associate Advisor salary is $55,826 in Chicago, which is higher than the national average. There are 20 cities' Associate Advisor salary higher than national average in Illinois.
The average salary for an Associate Advisor in Illinois is $55,064, but we found that the city with the highest salary for Associate Advisor jobs is Chicago, IL, and it is higher than Cicero. Associate Advisor jobs in Chicago can have the opportunity to earn higher salaries than in other cities in Illinois.
CITY ANNUAL SALARY MONTHLY PAY WEEKLY PAY HOURLY WAGE
Chicago $55,826 $4,652 $1,074 $27
Cicero $55,826 $4,652 $1,074 $27
Oak Park $55,826 $4,652 $1,074 $27
Evanston $55,804 $4,650 $1,073 $27
Skokie $55,804 $4,650 $1,073 $27
Oak Lawn $55,761 $4,647 $1,072 $27
Des Plaines $55,675 $4,640 $1,071 $27
Mount Prospect $55,631 $4,636 $1,070 $27
Aurora $55,394 $4,616 $1,065 $27
Hoffman Estates $55,345 $4,612 $1,064 $27

What Does an Associate Advisor Do?

Senior advisors should engage the associate in writing press releases, developing prospecting campaigns and crafting the firm’s marketing message.
Updated December 22, 2021
Client service associates play a vital role in the financial industry, for both clients and the companies and advisors who employ them.
Updated December 21, 2021
As the senior advisor, you play an essential role in the associate advisor’s success through mentoring and setting clearly understood expectations.
Updated December 20, 2021
Morgan Stanley Wealth Management Financial Advisor Associates do not work on a commissions-only basis but rather are provided a base salary and incentive opportunities for performing to the firm's high standards and rewarded for exceeding them.
Updated December 02, 2021
An associate advisor is a novice advisor who generally has less than three years of experience and who supports the activities of the experienced advisor.
Updated December 01, 2021

Frequently Asked Questions About an Associate Advisor Salaries

What is the average of an Associate Advisor in Illinois?

The Associate Advisor salary range is from $48,648 to $61,668, and the average Associate Advisor salary is $55,064/year in Illinois. The Associate Advisor's salary will change in different locations.

Which location pays the highest Associate Advisor salary in the United States?

The Associate Advisor salary in San Jose, CA is $68,137 which is the highest in the US.

What kinds of reasons will influence the Associate Advisor's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Associate Advisor.

What is the growth rate of the Associate Advisor's salary?

If you are thinking of becoming an Associate Advisor or planning the next step in your career, find the detailed salary report of an Associate Advisor.