How much does an Advisory Associate make in Illinois? As of August 01, 2026, the average salary for an Advisory Associate in Illinois is $83,386 per year, which breaks down to an hourly rate of $40.

However, an Advisory Associate's salary can vary significantly. Here's a look at the typical salary range:

  • Top Earners (90th percentile): $100,154
  • Majority Range (25th-75th percentile): $77,324 to $92,163
  • Entry-Level (10th percentile): $71,805

Key Factors That Influence Advisory Associate Salaries

An Advisory Associate'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.

How Experience Level Affects Advisory Associate Salaries?

Experience is a primary driver of an Advisory Associate'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:

  • Entry-Level (less than 1 year): $70,125
  • Early Career (1-2 years): $81,557
  • Mid-Level (2-4 years): $98,682
  • Senior-Level (5-8 years): $130,118
  • Expert (over 8 years): $158,881
Job RoleYears of ExperienceAverage Salary
Research and Development Associate I less than 1 year $70,125
Advisory Associate 1-2 years $81,557
Research and Development Associate III 2-4 years $98,682
Research and Development Associate IV 5-8 years $130,118
Research and Development Associate V over 8 years $158,881

Top Paying Cities for Advisory Associate

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:

  • Effingham: $76,865
  • Saint Peter: $76,759
  • Salem: $77,051

Advisory Associate Salary by Industry: Top Paying Sectors

For Advisory Associate 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 Internet sectors offer the strongest compensation, at 35% above the average. In contrast, Advisory Associate positions in Hospitality & Leisure or Transportation typically offer lower base pay, as these industries often view Advisory Associate as a support function rather than a direct revenue driver.

The top paying industries for an Advisory Associate

Industry Sector Average Annual Salary Average Hourly Rate Pay vs.Avg
Financial Services $112,571 $54.0 35%
Internet $100,063 $48.0 20%
Aerospace & Defense $95,893 $46.0 15%
Energy & Utilities $91,724 $44.0 10%
Insurance $91,724 $44.0 10%

Advisory Associate Salary: Hourly Rate, Weekly Pay, and Monthly Pay

Understanding how an Advisory Associate'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.

  • Yearly
  • Monthly
  • Weekly
  • Hourly
  • Table View
Last Updated on August 01, 2026
$77,324
Average $83,386/year
$92,163
$6,444
Average $6,949/month
$7,680
$1,487
Average $1,604/week
$1,772
$37
Average $40/hour
$44
Annual Salary Monthly Pay Weekly Pay Hourly Wage
75th Percentile $92,163 $7,680 $1,772 $44
Average $83,386 $6,949 $1,604 $40
25th Percentile $77,324 $6,444 $1,487 $37

Find Your Next Advisory Associate Job

Ready to take the next step in your career? Browse thousands of current Advisory Associate job openings on our job board. Use the search bar below to find your perfect match.

  • Berkeley Research Group | Chicago, IL

    Berkeley Research Group | Chicago, IL

    We do Consulting DifferentlyJob DescriptionThe BRG Transaction Advisory practice is seeking to add professionals due to client and market opportunities and... more

    6 Days Ago

  • RSM Global | Chicago, IL

    RSM Global | Chicago, IL

    We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering o... more

    6 Days Ago

  • Guidehouse | Chicago, IL

    Guidehouse | Chicago, IL

    Patient Services ConsultantThe Patient Services team provides program design, implementation, and monitoring services to pharmaceutical, biotechnology, and... more

    6 Days Ago

  • Associate Staffing | FORT MILL, SC

    Associate Staffing | FORT MILL, SC

    The Company. A prominent fortune 500 financial services firm with a nationwide network of independent financial advisors. This company offers an extensive ... more

    16 Days Ago

  • RST Associate | BILLET, IL

    RST Associate | BILLET, IL

    About RTS Associates: RTS Associates is a cutting-edge technology firm delivering innovative software solutions. We foster a collaborative, agile environme... more

    7 Days Ago

  • Marvin | LANGDON, ND

    Marvin | LANGDON, ND

    Marvin is seeking a Day Shift Manufacturing Associate to help build premium windows, doors, and skylights at our Warroad facility. In this role, you’ll ope... more

    5 Days Ago

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Where Does Our Salary Data Come From?

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.

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