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 Pay in Indianapolis: What to Expect (2026)

Indianapolis offers a median financial advisor salary of $88,713, which is $2,862 above the Indiana state average of $85,851. Compared to the national median of $95,390, Indianapolis pays below the national benchmark for this role.

Indianapolis's cost of living is 93% of the national average, meaning salary figures here closely reflect actual purchasing power. This makes direct comparisons to other cities straightforward.

The salary range for financial advisors in Indianapolis spans from $41,292 at the 10th percentile to $222,270 at the 90th percentile — a $180,978 spread. Entry-level professionals start around $44,640, while senior financial advisors with 8+ years of experience can earn up to $167,400. As a major metro area with a population of 887,642, Indianapolis typically offers more job opportunities and employer competition, which can drive salaries higher.

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

Carmel, IN
$100,160
Pop. 99,757
Fort Wayne, IN
$81,082
Pop. 263,886
Evansville, IN
$80,128
Pop. 117,429
South Bend, IN
$79,174
Pop. 103,453

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.

Find Financial Advisor Jobs in Indianapolis

Browse open financial advisor positions in Indianapolis, IN:

Indeed → LinkedIn → ZipRecruiter → Glassdoor →

Frequently Asked Questions: Financial Advisor Salary in Indianapolis

How much does a Financial Advisor make in Indianapolis, IN? ▼
The median financial advisor salary in Indianapolis, Indiana is $88,713 per year, which is 7% below the national median of $95,390. Salaries range from $41,292 (10th percentile) to $222,270 (90th percentile).
How much does a Financial Advisor make per hour in Indianapolis? ▼
Based on the median annual salary of $88,713, a financial advisor in Indianapolis earns approximately $43 per hour assuming a standard 2,080-hour work year.
How does Indianapolis compare to the Indiana state average for financial advisor pay? ▼
Indianapolis's median financial advisor salary of $88,713 is 3.3% above the Indiana state average of $85,851. The local cost of living index is 93% of the national average.
What is the cost of living in Indianapolis, IN? ▼
Indianapolis has a cost of living index of 93% compared to the national average. This means a financial advisor salary of $88,713 in Indianapolis has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Indianapolis? ▼
Most financial advisor positions in Indianapolis require a bachelor's degree. Key skills include Investment Planning, Portfolio Management, Tax Planning, Client Relations. The job market is projected to grow 13% nationally over the next decade.