Occupation is in demand.
Financial advisors provide financial advice to people.
| Quick Facts: Financial Counselors | |
|---|---|
| Wages | Earn $97,096 per year |
| Employment | Large occupation |
| 10 Year Growth | More slowly than average |
| Annual Openings | High |
Preparation
A financial advisor typically needs to:
- have a high school diploma or equivalent
- have a bachelor's degree
- complete long-term, on-the-job training
Working Conditions
In a typical work setting, financial counselors:
- Have a high amount of contact with clients or students. Communicate with others by telephone, e-mail, face-to-face discussions, letters, and memos.
- Often work indoors.
- Must be exact in their work. Errors could cause students to get too little aid or clients to go deeper into debt.
- Usually work 40 hours a week.
Wages
In Illinois, financial counselors earn a median wage of $97,096 per year.
| $0 | $50 | $100 | $150 | $200 |
| Illinois |
$ amounts are in thousands of dollars.
Employment and Outlook
In Illinois, 11,425 financial counselors work in this large occupation.
| Location | Employment | 10 Year Growth | Annual Openings |
|---|---|---|---|
| Illinois | 11,425 Large | 6.2% Slow | 917 High |