Business & Finance South Bend, IN Pop. 103,453

Financial Advisor Salary in South Bend, Indiana

The median financial advisor salary in South Bend, IN is $79,174 per year, which is 17% below the national median and 7.8% below the Indiana state average.

City Median
$79,174
vs State Avg
$-6,677
vs National
$-16,216
Cost of Living
83%

Financial Advisor Salary in South Bend by Experience

In South Bend, an entry-level financial advisor earns around $39,840, while experienced professionals earn up to $149,400 per year. The local cost of living index is 83% of the national average.

Entry Level (0-2 yrs)
$39,840
$-8,160 vs national
Mid Level (3-7 yrs)
$78,850
$-16,150 vs national
Senior Level (8+ yrs)
$149,400
$-30,600 vs national

Salary Percentiles in South Bend, IN

Percentile South Bend
10th Percentile $36,852
25th Percentile $51,792
Median (50th) $79,174
75th Percentile $123,670
90th Percentile $198,370

Financial Advisor Salary in Other Indiana Cities

How to Become a Financial Advisor in South Bend

Education

Most financial advisor positions require a bachelor's degree. South Bend 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 South Bend may vary based on local industry and population growth.

Find Financial Advisor Jobs in South Bend

Browse open financial advisor positions in South Bend, IN:

Frequently Asked Questions: Financial Advisor Salary in South Bend

How much does a Financial Advisor make in South Bend, IN?
The median financial advisor salary in South Bend, Indiana is $79,174 per year, which is 17% below the national median of $95,390. Salaries range from $36,852 (10th percentile) to $198,370 (90th percentile).
How much does a Financial Advisor make per hour in South Bend?
Based on the median annual salary of $79,174, a financial advisor in South Bend earns approximately $38 per hour assuming a standard 2,080-hour work year.
How does South Bend compare to the Indiana state average for financial advisor pay?
South Bend's median financial advisor salary of $79,174 is 7.8% below the Indiana state average of $85,851. The local cost of living index is 83% of the national average.
What is the cost of living in South Bend, IN?
South Bend has a cost of living index of 83% compared to the national average. This means a financial advisor salary of $79,174 in South Bend has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in South Bend?
Most financial advisor positions in South Bend 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.