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

Major Cities for Financial Advisors in Indiana

The largest employment areas for financial advisors in Indiana include Indianapolis, Fort Wayne, Evansville, and South Bend. Salaries in major metro areas may be higher due to increased demand and cost of living.

Indianapolis, IN
Metro area for financial advisor employment
Fort Wayne, IN
Metro area for financial advisor employment
Evansville, IN
Metro area for financial advisor employment
South Bend, IN
Metro area for financial advisor employment
Carmel, IN
Metro area for financial advisor employment

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.