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

Carmel, IN
$100,160
Pop. 99,757
Indianapolis, IN
$88,713
Pop. 887,642
Fort Wayne, IN
$81,082
Pop. 263,886
Evansville, IN
$80,128
Pop. 117,429

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.