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 $116,604 per year in Carmel, IN.

Graph depicting the yearly salary distribution for Financial Advisor jobs in Carmel, IN, showing an average salary of $116,604 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 $9,717 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 $2,242 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 $56 with varying distribution percentages across salary ranges.

A Financial Advisor in Carmel, Indiana, earns an average yearly salary of $116,604. This salary range reflects various factors, including experience, education, and the financial services firm where one works. Many factors influence the exact salary, such as the type of clients served and the complexity of their financial needs.

Here is a breakdown of the salary distribution for Financial Advisors in Carmel:

About 8.11% earn around $43,950 per year.
5.79% earn close to $54,500 annually.
2.32% make about $65,050 each year.
5.79% earn approximately $75,600 per year.
16.22% earn around $128,350 annually.
1.16% make about $138,900 each year.
22.01% earn close to $149,450 per year.
16.22% earn approximately $160,000 annually.

This data shows the salary range for this role. Those at the lower end often have less experience, while those at the higher end typically have more experience and may serve high-net-worth clients.

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

Financial advisors in Greenwood, IN, have the highest average salary near Carmel at $114,323. Indianapolis also offers a robust financial industry, with salaries averaging $88,224. Those willing to travel may find competitive salaries in Valparaiso, Mishawaka, and Fort Wayne, offering over $80,000 annually. Job seekers can expect strong earning potentials in these cities. Indianapolis, with its diverse economic landscape, provides numerous opportunities. Fishers and South Bend also offer respectable salaries above $80,000. Avon, Bloomington, and Noblesville present solid options with salaries ranging from $65,000 to $80,000.

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, you will find a vibrant financial sector with many opportunities for professionals to excel. The presence of major banks and financial institutions creates a competitive environment. Greenwood's community-focused culture makes it a welcoming place to build lasting client relationships.
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Indianapolis, IN
Average Salary: $88,224
Working in Indianapolis offers exposure to a wide range of financial services. The city’s diverse economy supports numerous firms, including prominent banks and investment companies. Indianapolis provides ample opportunities for career growth and networking within the financial industry.
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Valparaiso, IN
Average Salary: $88,157
Valparaiso combines a small-town feel with access to larger markets. Professionals here benefit from a close-knit community that supports career development. The presence of local financial firms offers a chance to gain varied experience and build a strong client base.
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Mishawaka, IN
Average Salary: $85,965
Mishawaka offers a blend of stability and growth for financial professionals. The area is known for its strong local businesses and community support. Professionals can expect a balanced workload and a chance to make a significant impact in the community.
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Fort Wayne, IN
Average Salary: $83,970
Fort Wayne provides a dynamic environment for financial advisors. The city is home to several large financial institutions, offering diverse opportunities. The area’s growing economy makes it an attractive place for career advancement and professional development.
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Fishers, IN
Average Salary: $83,256
Fishers offers a suburban setting with plenty of financial opportunities. The area is known for its growing financial sector, with many banks and investment firms. Professionals can enjoy a mix of urban and small-town advantages, making it an appealing place to work.
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South Bend, IN
Average Salary: $73,644
South Bend presents a unique market for financial professionals. The city's economy is driven by a mix of industries, including finance. Working here means engaging with a diverse clientele and taking advantage of local business growth.
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Avon, IN
Average Salary: $65,364
Avon provides a great place for financial advisors to thrive. The community is known for its strong schools and family-friendly environment. Professionals can expect a supportive work culture and the chance to build long-term client relationships.
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Bloomington, IN
Average Salary: $64,455
Bloomington offers a vibrant atmosphere for financial professionals. The city is home to Indiana University, which influences the local economy. Advisors here can expect to work with a diverse client base and benefit from the area's economic growth.
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Noblesville, IN
Average Salary: $58,450
In Noblesville, financial professionals can find a mix of stability and opportunity. The city has a growing economy with many local businesses. Working here means enjoying a strong community spirit and a chance to make a real difference in clients' lives.
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What are the best paying companies for a Financial Advisor in Carmel, IN?

Magellan Financial, in Carmel, offers one of the top salaries for financial advisors at $151,250. Northwestern Mutual also provides a strong earning potential, with advisors making around $133,386 annually. Other notable companies include Accenture, Thrivent, and Corebridge Financial, all offering competitive salaries for financial professionals.

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, located in Carmel, IN, offers Financial Advisor positions with competitive salaries. They provide comprehensive financial planning services to help clients achieve their financial goals. Their team works closely with clients to create personalized financial plans.
Northwestern Mutual
Average Salary: $133,386
Northwestern Mutual, operating in Carmel, IN, provides a rewarding environment for Financial Advisors. They focus on long-term relationships with clients, offering financial planning and wealth management services. The company offers extensive training and support for its advisors.
Accenture
Average Salary: $127,550
Accenture, with its presence in Carmel, IN, offers Financial Advisor roles that include working with clients to manage their investments and financial plans. The company provides a dynamic work environment and opportunities for professional growth. Their advisors use technology to deliver innovative financial solutions.
Thrivent
Average Salary: $110,625
Thrivent, based in Carmel, IN, hires Financial Advisors who help clients with financial planning and investment management. They emphasize a collaborative approach and aim to build lasting relationships. Thrivent offers a supportive culture and resources for advisor development.
Corebridge Financial
Average Salary: $94,413
Corebridge Financial in Carmel, IN, provides opportunities for Financial Advisors to assist clients with life insurance and retirement planning. They offer a solid foundation of support and training for their advisors. Corebridge focuses on helping clients secure their financial future.
Charles Schwab
Average Salary: $70,748
Charles Schwab, located in Carmel, IN, employs Financial Advisors who help clients with investment and retirement planning. The company provides a wide range of resources and tools to its advisors. Charles Schwab emphasizes client-centric services and professional development.
KeyBank
Average Salary: $48,992
KeyBank, in Carmel, IN, offers Financial Advisor positions that involve helping clients with their banking and financial needs. The bank provides training and support to its advisors. KeyBank aims to deliver personalized banking services to its clients.

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

Financial professionals in Carmel, IN, enjoy high salaries and diverse opportunities. A Certified Financial Planner leads the list, with an average salary of $152,750. This role involves helping clients manage their finances to meet their long-term goals. Close behind, Underwriting Managers earn around $145,681, overseeing risk assessments for insurance products. These lucrative positions require expertise and dedication, but they offer substantial rewards for those who succeed. Wealth Management Advisors also make a strong showing, with average earnings of $134,820, guiding clients on investments and financial planning.

Graph displaying best paying related job salaries for Financial Advisor jobs near Carmel, IN, highlighting Certified Financial Planner with the highest at $152,750 and Investment Banker with the lowest at $74,350.

Certified Financial Planner
Average Salary: $152,750
This role involves helping clients plan for their financial future. Experts create personalized financial plans. They guide clients on investing, retirement, and taxes. Firms like Edward Jones and Ameriprise Financial in Carmel offer these jobs.
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Underwriting Manager
Average Salary: $145,681
An Underwriting Manager oversees a team that evaluates risk. They ensure risks are manageable for insurers. This job requires good decision-making skills. Companies like Genworth Financial in Carmel seek skilled managers.
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Wealth Management Advisor
Average Salary: $134,820
Wealth Management Advisors help high-net-worth individuals with their finances. They offer tailored investment advice. They work for firms like Merrill Lynch and UBS. They need strong communication and analytical skills.
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Bank Consultant
Average Salary: $132,450
Bank Consultants provide advice to banks on improving services. They work with bank executives to develop strategies. Companies like JPMorgan Chase and Bank of America in Carmel hire for these positions.
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Loss Control Consultant
Average Salary: $119,575
Loss Control Consultants help companies minimize losses. They assess risks and suggest improvements. They work for firms like Travelers and Allstate in Carmel. This job requires a keen eye for detail.
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Portfolio Manager
Average Salary: $115,000
A Portfolio Manager oversees investment portfolios. They make decisions to meet clients’ goals. They work for investment firms like Fidelity and Vanguard. Attention to market trends is crucial.
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Analyst
Average Salary: $108,862
Analysts gather and interpret data. They provide insights to support decision-making. They work for firms like Deloitte and PwC in Carmel. Strong analytical skills are essential.
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Risk Management Manager
Average Salary: $105,450
Risk Management Managers identify and mitigate risks. They ensure companies stay on track financially. They work for firms like State Farm and Nationwide in Carmel. Strong leadership skills are a must.
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Underwriter
Average Salary: $84,063
Underwriters assess risk for insurers. They decide if and how much risk to take on. They work for firms like Nationwide and Allstate in Carmel. This role requires careful evaluation skills.
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Investment Banker
Average Salary: $74,350
Investment Bankers advise on large financial transactions. They help companies with mergers and acquisitions. They work for firms like Goldman Sachs and Morgan Stanley in Carmel. Strong negotiation skills are vital.
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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?

Currently 1,855 Financial Advisor job openings, nationwide.

How's the job market for a Financial Advisor in the US?

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