Personal Financial Advisor Salary Information in Indiana

The average annual and hourly salaries for personal financial advisors in the state of Indiana are shown in Table 1 and Table 2, respectively. The comparison of the salary statistics of personal financial advisors among Indiana metropolitan areas is shown in Table 3. The salary statistics are based on the national compensation survey conducted by the U.S. Bureau of Labor Statistics in 2016 and published in April 2017 [1].

Table 1 & 2. Annual & Hourly Salary of Personal Financial Advisors in Indiana

Percentile BracketAverage Annual Salary
10th Percentile Wage
$37,260
25th Percentile Wage
$52,350
50th Percentile Wage
$78,820
75th Percentile Wage
$118,690
90th Percentile Wage
No Data

Table 1 shows the average annual salary for personal financial advisors in Indiana in 5 percentile scales. The average annual salary for the 75th percentile (the top 25 percent of the highest paid) is $118,690. The median (50th percentile) annual salary is $78,820. The average annual salary for the bottom 10 percent is $37,260.

Percentile BracketAverage Hourly Salary
10th Percentile Wage
$17.91
25th Percentile Wage
$25.17
50th Percentile Wage
$37.90
75th Percentile Wage
$57.06
90th Percentile Wage
No Data

Table 2 shows the average hourly salary for personal financial advisors in Indiana in 5 percentile scales. The average hourly salary for the 75th percentile wage is $57.06. The median hourly salary is $37.90. The average hourly salary for the bottom 10 percent is $17.91.

Salary Trend (2012 to 2016)

The following table and chart show the trend of the median salary of personal financial advisors from 2012 to 2016.

YearMedian SalaryYearly Growth4-Year Growth
201678,8203.07%12.10%
201576,4004.93%-
201472,630-2.73%-
201374,6107.14%-
201269,280--

Table 3. Median Annual Salary of Personal Financial Advisors in Indiana Cities

Table 3 shows the median annual salary of personal financial advisors in some Indiana cities and metropolitan areas. We note that the median annual salary of personal financial advisors in state of Indiana ranges from $43,430 to $83,040. The highest paying area for personal financial advisors in Indiana is Indianapolis-Carmel with a median annual salary of $83,040. The second highest paying city/area in Indiana State is Lafayette (mean annual salary $76,460). The lowest paying area is Northern Indiana nonmetropolitan area with a median annual salary of $43,430.

Cities/Areas Median Annual Salary
Indianapolis-Carmel
$83,040
Lafayette
$76,460
Fort Wayne
$76,290
Gary
$73,270
Bloomington
$71,980
Muncie
$71,480
Terre Haute
$70,370
Elkhart-Goshen
$67,880
Northern Indiana nonmetropolitan area
$43,430


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Highest paying cities for personal financial advisors

Highest paying industries for personal financial advisors.