Financial Advisor Salaries & Top Paying Companies in Carmel, IN

Position

City

Salary

How much does a Financial Advisor make in Carmel, IN?

The average salary for a Financial Advisor is $117,725 per year in Carmel, IN.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Carmel, IN, showing an average salary of $117,725 with varying distribution percentages across salary ranges.

Graph depicting the monthly salary distribution for Financial Advisor jobs in Carmel, IN, showing an average salary of $9,810 with varying distribution percentages across salary ranges.

Graph depicting the weekly salary distribution for Financial Advisor jobs in Carmel, IN, showing an average salary of $2,264 with varying distribution percentages across salary ranges.

Graph depicting the hourly salary distribution for Financial Advisor jobs in Carmel, IN, showing an average salary of $57 with varying distribution percentages across salary ranges.

Financial Advisors in Carmel, Indiana, earn an average yearly salary of $117,725. This income reflects a mix of different pay scales across various experience levels and areas of expertise. The salary range shows how experienced professionals can earn more, while entry-level advisors might start lower.

Looking at the salary distribution, most Financial Advisors in Carmel earn between $87,550 and $128,950 annually. This range covers about 63% of all advisors. It shows the typical income you might expect if you pursue this career path. Higher earners often have more experience or specialize in complex financial planning.

What are the highest paying cities for a Financial Advisor near Carmel, IN?

Job seekers aiming for roles as Financial Advisors can find strong opportunities near Carmel, IN. Greenwood, IN, offers the highest average salary of $114,323 for these positions. Nearby, Indianapolis, IN, and Fishers, IN, also provide attractive financial packages for Financial Advisors, making these areas ideal for those seeking top compensation. Prospective Financial Advisors have various choices within a short distance from Carmel, IN. Cities like Mishawaka, IN, and Valparaiso, IN, also feature competitive salaries. Bloomington, IN, and Noblesville, IN, offer solid financial incentives as well. These locations present a range of options for those looking to advance their careers in financial advising.

Graph displaying highest paying cities salaries for Financial Advisor jobs near Carmel, IN, highlighting Greenwood, IN with the highest at $114,323 and Noblesville, IN with the lowest at $58,450.

Greenwood, IN
Average Salary: $114,323
In Greenwood, financial experts thrive in a business-friendly environment. Companies like Huntington National Bank and State Street Corporation offer opportunities for those who want to manage client portfolios and offer investment advice.
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Valparaiso, IN
Average Salary: $92,854
Valparaiso boasts a growing community where financial professionals can find rewarding careers. Notable firms like Morgan Stanley and Edward Jones provide a platform for building strong client relationships and guiding financial planning.
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Mishawaka, IN
Average Salary: $92,617
Mishawaka offers a blend of urban and small-town advantages for financial advisors. Companies such as Fidelity Investments and Ameriprise Financial provide excellent opportunities for career growth and client service.
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Indianapolis, IN
Average Salary: $88,312
As the capital city, Indianapolis provides a vibrant market for financial experts. Here, firms like Wells Fargo and JPMorgan Chase offer dynamic environments for those aiming to succeed in the financial sector.
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Fort Wayne, IN
Average Salary: $86,932
In Fort Wayne, professionals can find ample opportunities in well-established firms such as Bank of America and Raymond James. The city's supportive business community makes it an excellent place for financial advisors to thrive.
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Fishers, IN
Average Salary: $86,180
Fishers attracts financial advisors looking to work in a progressive environment. Companies like Charles Schwab and Edward Jones provide a strong foundation for building a successful career in financial advising.
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South Bend, IN
Average Salary: $72,547
South Bend offers a unique setting for financial professionals. Here, firms such as LPL Financial and Northwestern Mutual provide great opportunities to work with diverse client needs.
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Avon, IN
Average Salary: $63,500
Avon is a promising place for financial experts, with local businesses and national firms like Vanguard and BNY Mellon offering great career opportunities.
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Bloomington, IN
Average Salary: $62,949
Bloomington’s blend of education and business makes it a great spot for financial advisors. Local firms and national companies like Merrill Lynch provide excellent environments for professional growth.
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Noblesville, IN
Average Salary: $58,450
Noblesville provides a supportive environment for financial advisors. Companies such as Fidelity Investments and Edward Jones offer excellent platforms for building a successful career.
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What are the best paying companies for a Financial Advisor in Carmel, IN?

Magellan Financial, one of the top employers for financial advisors in Carmel, IN, offers an average salary of $151,250. Northwestern Mutual and Accenture also provide attractive compensation packages, with average salaries around $134,106 and $128,138, respectively. Those seeking high earnings should explore these firms for rewarding career opportunities.

Graph displaying best paying company salaries for Financial Advisor jobs in Carmel, IN, highlighting Magellan Financial with the highest at $151,250 and KeyBank with the lowest at $48,992.

Magellan Financial
Average Salary: $151,250
Magellan Financial offers rewarding roles for Financial Advisors in Carmel, IN. They provide competitive salaries and benefits. Magellan Financial serves clients globally, helping them achieve their financial goals through tailored strategies and expert guidance.
Northwestern Mutual
Average Salary: $134,106
Northwestern Mutual is a top employer for Financial Advisors in Carmel, IN. They offer a strong average salary and a supportive work environment. This company focuses on delivering financial solutions to clients, enhancing their long-term financial security.
Accenture
Average Salary: $128,138
Accenture provides excellent opportunities for Financial Advisors in Carmel, IN. They offer above-average salaries and career growth. Accenture operates worldwide, helping clients achieve high performance and sustainable growth.
Thrivent
Average Salary: $110,625
Thrivent pays well for Financial Advisors in Carmel, IN. They offer a competitive salary and focus on financial well-being. This company operates nationally, serving clients with personalized financial advice and support.
Corebridge Financial
Average Salary: $94,413
Corebridge Financial offers Financial Advisors in Carmel, IN a solid salary. They provide a supportive work environment and focus on client success. This company operates across the United States, offering various financial products and services.
Charles Schwab
Average Salary: $70,748
Charles Schwab offers good opportunities for Financial Advisors in Carmel, IN. They provide a stable salary and comprehensive benefits. This company serves clients nationwide, offering investment management and financial advisory services.
KeyBank
Average Salary: $48,992
KeyBank provides Financial Advisors in Carmel, IN with an attractive salary. They offer a supportive workplace and focus on client needs. This bank operates across multiple states, providing a range of financial products and services.

What are the best paying Financial Advisor related jobs in Carmel, IN?

Those interested in financial advising can explore several lucrative roles in Carmel, IN. Certified Financial Planners enjoy one of the highest salaries in the field, with an average of $150,910. Wealth Management Advisors and Risk Specialists also offer competitive earnings, making these positions attractive to those with expertise in financial services. Additionally, Bank Consultants and Loss Control Consultants can find rewarding opportunities, often with salaries over $130,000. Positions such as Portfolio Manager, Underwriting Manager, and Risk Management Manager further illustrate the high earning potential in related financial sectors.

Graph displaying best paying related job salaries for Financial Advisor jobs near Carmel, IN, highlighting Certified Financial Planner with the highest at $150,910 and Underwriter with the lowest at $84,063.

Certified Financial Planner
Average Salary: $150,910
These professionals offer personalized advice to clients on savings, investing, and retirement planning. They work with local institutions and private firms to help individuals manage their finances effectively. Many CFPs in Carmel, IN, assist clients with estate planning and tax strategies.
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Risk Specialist
Average Salary: $136,500
This role involves assessing financial risks to help organizations make informed decisions. Risk specialists in Carmel work with insurance companies and financial institutions to analyze potential threats. They develop strategies to mitigate risks, ensuring the stability and growth of their clients.
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Wealth Management Advisor
Average Salary: $134,820
Wealth managers offer comprehensive financial planning services to high-net-worth individuals. They manage investments, create financial plans, and provide ongoing advice. Many wealth management firms in Carmel, IN, cater to affluent families, helping them grow and preserve their wealth.
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Bank Consultant
Average Salary: $132,450
Bank consultants work with financial institutions to improve their services and operations. They analyze data, suggest improvements, and help banks stay competitive. In Carmel, consultants often collaborate with local branches to enhance customer experience and efficiency.
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Loss Control Consultant
Average Salary: $132,167
These consultants help businesses reduce risks and losses. They assess safety protocols, suggest improvements, and work with insurance companies. Loss control consultants in Carmel, IN, often partner with local businesses to minimize risks and save on insurance costs.
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Portfolio Manager
Average Salary: $129,275
Portfolio managers oversee investment portfolios, making decisions that align with clients’ goals. They work with investment firms in Carmel, balancing risk and return. Managers monitor market trends and adjust portfolios to maximize returns for their clients.
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Underwriting Manager
Average Salary: $107,804
Underwriting managers review and approve insurance applications. They assess risks and determine coverage terms. Many managers in Carmel, IN, work with insurance companies, ensuring accurate risk evaluation and proper policy issuance.
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Analyst
Average Salary: $107,322
Analysts examine financial data to provide insights for decision-making. They work in banks, investment firms, and insurance companies. In Carmel, analysts often focus on market trends, investment opportunities, and risk assessments to guide their clients.
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Risk Management Manager
Average Salary: $105,450
These managers oversee risk management strategies for organizations. They develop plans to identify, assess, and mitigate risks. Risk managers in Carmel, IN, often work with local businesses and insurance companies to create effective risk management frameworks.
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Underwriter
Average Salary: $84,063
Underwriters assess the risk of insuring individuals or businesses. They decide whether to offer coverage and what terms to include. Many underwriters in Carmel, IN, work with insurance companies, ensuring policies are fair and sustainable for both the company and the clients.
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Financial Advisor Salary in Carmel, IN

How much does a Financial Advisor make in Carmel, IN?

What are the highest paying cities for a Financial Advisor near Carmel, IN?

What are the best paying companies for a Financial Advisor in Carmel, IN?

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