Business & Finance Cleveland, OH Pop. 372,624

Financial Advisor Salary in Cleveland, Ohio

The median financial advisor salary in Cleveland, OH is $82,035 per year, which is 14% below the national median and 4.4% below the Ohio state average.

City Median
$82,035
vs State Avg
$-3,816
vs National
$-13,355
Cost of Living
86%

Financial Advisor Salary in Cleveland by Experience

In Cleveland, an entry-level financial advisor earns around $41,280, while experienced professionals earn up to $154,800 per year. The local cost of living index is 86% of the national average.

Entry Level (0-2 yrs)
$41,280
$-6,720 vs national
Mid Level (3-7 yrs)
$81,700
$-13,300 vs national
Senior Level (8+ yrs)
$154,800
$-25,200 vs national

Salary Percentiles in Cleveland, OH

Percentile Cleveland
10th Percentile $38,184
25th Percentile $53,664
Median (50th) $82,035
75th Percentile $128,140
90th Percentile $205,540

Financial Advisor Salary in Other Ohio Cities

Columbus, OH
$90,621
Pop. 905,748
Cincinnati, OH
$85,851
Pop. 309,317
Akron, OH
$80,128
Pop. 190,469
Toledo, OH
$78,220
Pop. 270,871

How to Become a Financial Advisor in Cleveland

Education

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