Occupation is in demand.
The table below provides information about the number of workers in this career in various regions. It also provides information about the expected growth rate and future job openings.
Employment
Major employers:
- Stock brokers and dealers
- Banks and credit unions
- Insurance companies
Outlook
Growth for this career will be much faster than average. More people are getting ready to retire and are seeking help from financial advisors. In addition, traditional retirement pension plans are becoming less common than individual retirement plans. Personal financial advisors will be needed to help individuals save and invest for their retirement. However, an increase in "robo-advisors" which are computer programs that can provide investment advice may limit growth.
Financial Counselors (CIS 100315)
| Location | Employment | & | Growth | >>>> | Annual openings | |
| This occupation |
All occupations |
|||||
| Illinois |
14,412 Large |
& |
12.2% |
2.7% |
>>>> |
1,115 High |
| Champaign Area |
145 Medium |
& |
11.7% |
1.9% |
>>>> |
11 Very few |
| Charleston-Effingham-Centralia Area |
121 Small |
& |
5.8% |
-1.2% |
>>>> |
8 Very few |
| Cook County |
9,793 Very large |
& |
12.8% |
3.0% |
>>>> |
765 High |
| Decatur Area |
79 Small |
& |
-1.3% |
0.1% |
>>>> |
5 Very few |
| DeKalb-Elgin-Aurora Area |
336 Medium |
& |
14.6% |
4.0% |
>>>> |
27 Very few |
| Du Page County |
1,277 Large |
& |
14.6% |
3.7% |
>>>> |
103 Moderate |
| Edwardsville Area |
137 Medium |
& |
14.6% |
4.4% |
>>>> |
11 Very few |
| Jacksonville-Carlinville-Litchfield Area |
60 Small |
& |
5.0% |
-2.2% |
>>>> |
4 Very few |
| Kankakee-Morris-Pontiac Area |
72 Small |
& |
6.9% |
-0.1% |
>>>> |
5 Very few |
| Lake County |
686 Large |
& |
12.5% |
2.6% |
>>>> |
54 Few |
| McHenry County |
91 Small |
& |
14.3% |
6.1% |
>>>> |
7 Very few |
| Mt Vernon-Marion-Carbondale Area |
108 Small |
& |
9.3% |
0.2% |
>>>> |
8 Very few |
| Northwest Illinois Area |
130 Small |
& |
14.6% |
5.1% |
>>>> |
11 Very few |
| Peoria-Bloomington Area |
379 Medium |
& |
-1.8% |
1.3% |
>>>> |
22 Very few |
| Quincy-Macomb-Galesburg Area |
102 Small |
& |
8.8% |
-1.6% |
>>>> |
8 Very few |
| Rock Island-Moline Area |
95 Small |
& |
10.5% |
1.8% |
>>>> |
7 Very few |
| Rockford Area |
164 Small |
& |
10.4% |
2.4% |
>>>> |
13 Very few |
| Shawnee National Forest Area |
66 Small |
& |
9.1% |
-0.3% |
>>>> |
5 Very few |
| Springfield Area |
168 Medium |
& |
0.0% |
-0.8% |
>>>> |
10 Very few |
| St Louis-Belleville Area |
150 Medium |
& |
9.3% |
0.2% |
>>>> |
10 Very few |
| Vermilion County |
26 Very small |
& |
7.7% |
-5.1% |
>>>> |
2 Very few |
| Will County |
169 Small |
& |
3.0% |
5.4% |
>>>> |
11 Very few |
| United States |
326,000 Large |
& |
9.6% |
3.1% |
>>>> |
24,100 Moderate |