Business & Finance Indiana (IN) Rank #35 of 50

Financial Advisor Salary in Indiana

The median financial advisor salary in Indiana is $85,851 per year, which is 10% below the national median of $95,390.

Median Salary
$85,851
vs National
$-9,539
State Rank
#35 of 50
Cost of Living
90%

Financial Advisor Salary in Indiana by Experience

In Indiana, an entry-level financial advisor earns around $43,200, while experienced professionals earn up to $162,000 per year. The cost of living index in Indiana is 90% of the national average.

Entry Level (0-2 yrs)
$43,200
$-4,800 vs national
Mid Level (3-7 yrs)
$85,500
$-9,500 vs national
Senior Level (8+ yrs)
$162,000
$-18,000 vs national

Salary Percentiles in Indiana

Percentile IN Salary
10th Percentile $39,960
25th Percentile $56,160
Median (50th) $85,851
75th Percentile $134,100
90th Percentile $215,100

Financial Advisor Salary by City in Indiana

The largest employment areas for financial advisors in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries vary by city based on local cost of living and demand.

Indianapolis, IN
$88,713
Pop. 887,642 · COL 93%
Fort Wayne, IN
$81,082
Pop. 263,886 · COL 85%
Evansville, IN
$80,128
Pop. 117,429 · COL 84%
South Bend, IN
$79,174
Pop. 103,453 · COL 83%
Carmel, IN
$100,160
Pop. 99,757 · COL 105%

How to Become a Financial Advisor in Indiana

Education

Most financial advisor positions require a bachelor's degree. Indiana has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Indiana

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Indiana's demand may vary based on local industry trends.