Business & Finance Ohio (OH) Rank #38 of 50

Financial Advisor Salary in Ohio

The median financial advisor salary in Ohio 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
#38 of 50
Cost of Living
90%

Financial Advisor Salary Overview in Ohio (2026)

Ohio ranks #38 out of 50 states for financial advisor compensation. Financial Advisor salaries in Ohio are below the national median, though the lower cost of living can offset the difference. At $85,851 per year, financial advisors in Ohio earn $9,539 less than the national median of $95,390.

A key advantage of working in Ohio is its below-average cost of living (90% of the national index). This means the $85,851 salary has the purchasing power of roughly $95,390 in an average-cost area.

The salary spread in Ohio is significant: financial advisors at the 10th percentile earn $39,960, while those at the 90th percentile bring home $215,100 — a $175,140 gap that reflects differences in experience, specialization, employer type, and metro area. The highest-paying city in Ohio for this role is Columbus, where the median reaches $90,621.

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). This strong growth suggests increasing demand and competitive salaries in Ohio and beyond.

Financial Advisor Salary in Ohio by Experience

In Ohio, 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 Ohio 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

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Salary Percentiles in Ohio

Percentile OH Salary
10th Percentile $39,960
25th Percentile $56,160
Median (50th) $85,851
75th Percentile $134,100
90th Percentile $215,100

Financial Advisor Salary by City in Ohio

The largest employment areas for financial advisors in Ohio include Columbus, Cleveland, Cincinnati, and Toledo. Salaries vary by city based on local cost of living and demand.

How to Become a Financial Advisor in Ohio

Education

Most financial advisor positions require a bachelor's degree. Ohio has several accredited institutions offering relevant programs.

Key Skills

Investment PlanningPortfolio ManagementTax PlanningClient RelationsFinancial AnalysisCFA/CFP

Job Outlook in Ohio

Nationally, financial advisor employment is projected to grow 13% over the next decade (much faster than average). Ohio's demand may vary based on local industry trends.

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Frequently Asked Questions: Financial Advisor Salary in Ohio

How much does a Financial Advisor make in Ohio? ▼
The median financial advisor salary in Ohio is $85,851 per year, which is 10% below the national median of $95,390. Salaries range from $39,960 (10th percentile) to $215,100 (90th percentile).
How much does a Financial Advisor make per hour in Ohio? ▼
Based on the median annual salary of $85,851, a financial advisor in Ohio earns approximately $41 per hour assuming a standard 2,080-hour work year.
Is Ohio a good state for financial advisors? ▼
Ohio ranks #38 out of 50 states for financial advisor pay. The cost of living index is 90% of the national average. Entry-level financial advisors earn $43,200, while senior professionals earn $162,000.
How does Ohio compare to other states for financial advisor salary? ▼
The highest paying state for financial advisors is Hawaii at $162,163. Ohio's median of $85,851 ranks #38 nationally. Nearby-ranked states include Michigan ($85,851) and North Dakota ($85,851).
What is the entry-level financial advisor salary in Ohio? ▼
An entry-level financial advisor in Ohio earns approximately $43,200 per year. With 3-7 years of experience, pay increases to around $85,500. Senior-level professionals with 8+ years earn up to $162,000.
What city in Ohio pays financial advisors the most? ▼
Columbus is the highest paying city in Ohio for financial advisors, with a median salary of $90,621. Other cities include Cleveland and Cincinnati.