Business & Finance Indianapolis, IN Pop. 887,642

Financial Advisor Salary in Indianapolis, Indiana

The median financial advisor salary in Indianapolis, IN is $88,713 per year, which is 7% below the national median and 3.3% above the Indiana state average.

City Median
$88,713
vs State Avg
+$2,862
vs National
$-6,677
Cost of Living
93%

Financial Advisor Salary in Indianapolis by Experience

In Indianapolis, an entry-level financial advisor earns around $44,640, while experienced professionals earn up to $167,400 per year. The local cost of living index is 93% of the national average.

Entry Level (0-2 yrs)
$44,640
$-3,360 vs national
Mid Level (3-7 yrs)
$88,350
$-6,650 vs national
Senior Level (8+ yrs)
$167,400
$-12,600 vs national

Salary Percentiles in Indianapolis, IN

Percentile Indianapolis
10th Percentile $41,292
25th Percentile $58,032
Median (50th) $88,713
75th Percentile $138,570
90th Percentile $222,270

Financial Advisor Salary in Other Indiana Cities

How to Become a Financial Advisor in Indianapolis

Education

Most financial advisor positions require a bachelor's degree. Indianapolis and the surrounding Indiana area have institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Demand in Indianapolis may vary based on local industry and population growth.