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Advisory Associate Jobs in Illinois (NOW HIRING)

Investment Banking Associate

Chicago, IL · Hybrid

  • Medical

  • Dental

  • Vision

  • Retirement

We provide a full range of advisory services on a national basis to companies and their lenders ... Armory is seeking both investment banking associates and financial advisory associates for our ...

Investment Banking Associate

Chicago, IL · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

We provide a full range of advisory services on a national basis to companies and their lenders ... Armory is seeking both investment banking associates and financial advisory associates for our ...

Senior Associate - Financial Advisory Services

Chicago, IL · On-site

$100K - $125K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

To be a good fit for our Senior Associate - Financial Advisory role you will have: * 3+ years of experience in Big 4/public accounting/consulting and/or corporate accounting * CPA or CPA candidate

Showing results 21-40

Advisory Associate information

See Illinois salary details

$37.3K

$70.6K

$141.5K

How much do advisory associate jobs pay per year?

As of Aug 15, 2026, the average yearly pay for advisory associate in Illinois is $70,589.00, according to ZipRecruiter salary data. Most workers in this role earn between $53,800.00 and $69,300.00 per year, depending on experience, location, and employer.

What is an advisory associate?

Advisory Associates are entry- or mid-level professionals who work in consulting or advisory divisions of firms, such as accounting or consulting companies. They assist senior consultants and managers in analyzing business problems, developing recommendations, and implementing solutions for clients. Their work often includes conducting research, preparing reports, analyzing data, and supporting client meetings. Advisory Associates play a crucial role in helping organizations improve processes, manage risks, and achieve strategic goals.

What skills and qualifications are needed to thrive as an advisory associate?

To thrive as an Advisory Associate, you typically need a bachelor’s degree in business, finance, accounting, or a related field, along with strong analytical and problem-solving skills. Familiarity with data analysis tools like Excel, Power BI, and ERP systems, as well as certifications such as CPA or CFA, can be highly valuable. Excellent communication, teamwork, and client management skills set standout professionals apart in this collaborative and client-facing environment. These competencies are crucial for delivering insightful recommendations, managing multiple projects, and building lasting client relationships.

What are common challenges advisory associates face when managing multiple client projects simultaneously?

Advisory Associates often juggle several client projects at once, which can present challenges in time management, prioritization, and maintaining high-quality work across diverse industries. Balancing competing deadlines and adapting to shifting client needs requires strong organizational skills and proactive communication. Many firms support associates with mentorship, regular check-ins, and clear project management tools to help navigate these demands, while encouraging continuous learning to handle complex client issues effectively.

What is the difference between Advisory Associate vs Financial Analyst?

AspectAdvisory AssociateFinancial Analyst
Required CredentialsBachelor's degree, relevant certifications (e.g., CFA, CFP)Bachelor's degree, often CFA or related certifications
Work EnvironmentClient-facing, consulting, financial advisory firmsCorporate finance, investment banks, or asset management
Employer & Industry UsageFinancial advisory, wealth management, consultingFinance, banking, investment firms
Common Search & ComparisonYesYes

Advisory Associates typically work in client-facing roles within financial advisory or consulting firms, focusing on providing strategic advice. Financial Analysts often work in corporate finance or investment settings, analyzing data to support investment decisions. While both roles require similar credentials and industry knowledge, their work environments and client interaction levels differ.

What are the most commonly searched types of Advisory jobs in Illinois?

The most popular types of Advisory jobs in Illinois are:

What are popular job titles related to Advisory Associate jobs in Illinois?

For Advisory Associate jobs in Illinois, the most frequently searched job titles are:

What cities in Illinois are hiring for Advisory Associate jobs?

Cities in Illinois with the most Advisory Associate job openings:

Infographic showing various Advisory Associate job openings in Illinois as of August 2026, with employment types broken down into 1% As Needed, 71% Full Time, 26% Part Time, 1% Temporary, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $70,589 per year, or $33.9 per hour.

Senior Associate (Contracting Advisory)

Brailsford and Dunlavey

Chicago, IL • On-site, Remote

Full-time

Re-posted 17 days ago


Job description

B&D is seeking a strategic, client-facing Senior Associate who is energized by complex dining operations, broad institutional partnerships, and the opportunity to guide colleges and universities through high-impact dining advisory decisions. B&Ds dining clients are responsible for multi-million-dollar enterprises that must be well managed in an increasingly risky and more complicated higher education environment.

The Opportunity

B&Ds Dining Advisory Practice Group partners with higher education institutions nationwide to advise them on program planning, management solutions, and long-term performance of their campus dining programs.

This role is uniquely positioned within the firm and plays a critical part in advancing B&Ds broader management advisory work. Our dining engagements often integrate with larger institutional planning efforts, including student life, housing, athletics, and campus development, which requires close collaboration across the firm to deliver coordinated strategies that support each institutions mission.

This position is not just focused on contract administration. It goes beyond merely processing agreements, monitoring compliance, and ensuring that contract terms are documented correctly. This role requires an individual who can help institutions understand the complexities of contemporary dining services and develop strong operational and management structures that support their long-term success either through self-operated or contracted models.

The person in this position can work remotely in the continental United States if located outside a reasonable commuting distance from one of B&Ds office locations in Washington, DC; New York City; Atlanta; Chicago; Austin; Costa Mesa; or San Jose. This position requires regular domestic business travel so the candidate must live near an airport that provides good nationwide connections.

How You'll Contribute

As a Senior Associate, you will lead dining advisory engagements while serving as a trusted advisor to institutional clients. Responsibilities include:

  • Lead and manage dining advisory projects from planning through implementation.
  • Oversee the full client contract management lifecycle, including:
    • Solicitation process development and management
    • Process schedule development
    • RFP drafting
    • Proposal evaluation process management
    • Operating contract development and administration (authoring, editing, and evaluating)
    • Business term negotiation and decision support
  • Develop and oversee deliverables, including:
    • Needs assessments
    • Operational reviews
    • Program/service audits
    • Operating model assessments
    • Contractor solicitation process management
    • Financial reviews and modeling
    • Business planning
    • Market analyses
  • Advise clients throughout 3rd party contract negotiations and the implementation of new operating agreements.
  • Serve as the primary client relationship manager on assigned engagements.
  • Translate procurement and contract complexity into clear strategic recommendations for clients.
  • Coordinate dining advisory work with broader firmwide planning efforts across multiple practice areas.
  • Develop high-quality presentations, reports, and project documentation.
  • Manage multiple concurrent engagements while maintaining quality, schedule, and budget expectations.
  • Supervise and mentor junior staff across project teams.
  • Contribute to business development through:
    • Proposal development
    • Conference participation
    • Thought leadership
    • Relationship cultivation
  • Strengthen internal tools, methodologies, and advisory best practices.

What We're Looking For

7+ years of professional experience in:

  • Dining services management
  • Foodservice operations
  • Procurement
  • Contract administration
  • Advisory or related fields

At least 4 years of direct experience in:

  • Dining solicitations
  • Procurement processes
  • Contract negotiations
  • Agreement management
  • Bachelors degree in Hospitality Management, Business, Higher Education Administration, or related field required.
  • An advanced degree is strongly preferred, including an MBA, J.D., LLM, or paralegal or other professional legal training.
  • Higher education dining experience strongly preferred.
  • Strong understanding of solicitation and contracting structures, business terms, operational performance metrics, and procurement strategies.
  • Excellent technical writing skills, verbal communication, facilitation skills, and presentation abilities.
  • Accuracy, discipline, and attention to detail when developing and reviewing long documents.
  • Strong analytical and organizational capabilities.
  • Ability to work independently while leading multiple projects.
  • Willingness to travel two or more times per month.
  • Alignment with B&Ds mission, values, and collaborative culture

What Sets You Apart

The ideal candidate will bring:

  • Experience leading solicitation processes from strategy development through implementation for service-related operations, particularly collegiate dining or other institutional foodservice.
  • Experience in directly developing solicitation and contractual documents for service-related operations, particularly collegiate dining or other institutional foodservice.
  • Experience with dining service models, performance metrics, operating practices, program design, and financial structures.
  • Strong stakeholder and executive-level client communication.
  • The ability to author technical solicitation and contractual language and translate into clear client deliverables.
  • Strategic thinking that extends beyond contract administration into long-term dining program success and institution-wide partnership planning.
  • This role is an ideal opportunity for someone in a senior position in foodservice operations, hospitality management, procurement, legal affairs, or consulting / advising who wants broader influence, more meaningful client engagement, an opportunity to shape institutional strategy, and professional growth.

Apply Today

Our application process includes a resume, a cover letter (optional, but highly encouraged), and a few important questions. Were excited to learn more about you!

This role's target base annual salary range is currently $125,000-140,000. Pay scales are determined by role, level, location, and alignment with market data. Individual pay is determined through interviews and an assessment of several factors unique to each candidate, including but not limited to job-related skills, relevant education, experience, certifications, abilities of the candidate, and pay relative to other team members.

The company benefits listed above are a summary of the benefits. Specific details, availability, and eligibility requirements apply in accordance with company policies.

Brailsford & Dunlavey is committed to providing a diverse and inclusive work environment and is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status.