Business & Finance Akron, OH Pop. 190,469

Financial Advisor Salary in Akron, Ohio

The median financial advisor salary in Akron, OH is $80,128 per year, which is 16% below the national median and 6.7% below the Ohio state average.

City Median
$80,128
vs State Avg
$-5,723
vs National
$-15,262
Cost of Living
84%

Financial Advisor Salary in Akron by Experience

In Akron, an entry-level financial advisor earns around $40,320, while experienced professionals earn up to $151,200 per year. The local cost of living index is 84% of the national average.

Entry Level (0-2 yrs)
$40,320
$-7,680 vs national
Mid Level (3-7 yrs)
$79,800
$-15,200 vs national
Senior Level (8+ yrs)
$151,200
$-28,800 vs national

Salary Percentiles in Akron, OH

Percentile Akron
10th Percentile $37,296
25th Percentile $52,416
Median (50th) $80,128
75th Percentile $125,160
90th Percentile $200,760

Financial Advisor Salary in Other Ohio Cities

How to Become a Financial Advisor in Akron

Education

Most financial advisor positions require a bachelor's degree. Akron and the surrounding Ohio 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 Akron may vary based on local industry and population growth.

Find Financial Advisor Jobs in Akron

Browse open financial advisor positions in Akron, OH:

Frequently Asked Questions: Financial Advisor Salary in Akron

How much does a Financial Advisor make in Akron, OH?
The median financial advisor salary in Akron, Ohio is $80,128 per year, which is 16% below the national median of $95,390. Salaries range from $37,296 (10th percentile) to $200,760 (90th percentile).
How much does a Financial Advisor make per hour in Akron?
Based on the median annual salary of $80,128, a financial advisor in Akron earns approximately $39 per hour assuming a standard 2,080-hour work year.
How does Akron compare to the Ohio state average for financial advisor pay?
Akron's median financial advisor salary of $80,128 is 6.7% below the Ohio state average of $85,851. The local cost of living index is 84% of the national average.
What is the cost of living in Akron, OH?
Akron has a cost of living index of 84% compared to the national average. This means a financial advisor salary of $80,128 in Akron has more purchasing power than the same salary in an average-cost city.
What qualifications do I need to become a financial advisor in Akron?
Most financial advisor positions in Akron 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.