How much does a Financial Advisor make in Carmel, IN?
In Carmel, Indiana, Financial Advisors can expect a competitive salary. On average, they earn about $117,791 per year. This figure makes the role quite attractive for those interested in financial planning and management.
To give a clearer picture, here are some specifics:
- The lowest 10% earn around $46,150 annually.
- The top 10% earn upwards of $160,000 per year.
- Most advisors fall within the mid-range, earning between $77,200 and $118,600.
What are the highest paying cities for a Financial Advisor near Carmel, IN?

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Greenwood, IN
Average Salary: $114,323
In Greenwood, professionals enjoy a thriving work environment with prominent firms like Indiana University Health and Hancock Whitney. They help clients manage wealth and plan for the future. The community values knowledgeable advisors.
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Mishawaka, IN
Average Salary: $94,137
Mishawaka offers a mix of small-town charm and big-city opportunities. Financial experts here often work with companies such as Beacon Health System. They focus on providing personalized financial solutions to meet client needs.
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Valparaiso, IN
Average Salary: $92,854
Valparaiso features a friendly, close-knit community where financial advisors play a key role. Companies like Valparaiso University provide a steady stream of clients. Advisors here build strong relationships with their clients.
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Fort Wayne, IN
Average Salary: $90,091
Fort Wayne has a dynamic financial sector with many options for advisors. Major employers include Parkview Health and Lutheran Hospital of Indiana. Advisors here offer a range of services to diverse clients.
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Indianapolis, IN
Average Salary: $88,795
Indianapolis offers a bustling job market with many opportunities for financial experts. Companies such as Eli Lilly and Company and Simon Property Group attract many professionals. Advisors here have access to a wide array of clients and resources.
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Fishers, IN
Average Salary: $88,573
Fishers is known for its vibrant community and strong job market. Financial professionals often work with local businesses and large companies like Cummins Inc. They focus on helping clients achieve their financial goals.
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South Bend, IN
Average Salary: $72,547
South Bend offers a balanced work environment with prominent institutions like Notre Dame and the University of Notre Dame. Financial experts here cater to a diverse range of clients, offering tailored financial advice.
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Bloomington, IN
Average Salary: $64,699
In Bloomington, advisors enjoy working in a university town with companies like Indiana University. They provide essential financial services to students and faculty, making a significant impact on their lives.
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Noblesville, IN
Average Salary: $60,408
Noblesville offers a growing job market with many opportunities for financial experts. Local employers like Cummins Inc. provide a steady client base. Advisors here focus on delivering reliable and personalized financial advice.
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Avon, IN
Average Salary: $59,250
Avon provides a great place for financial advisors to grow. Companies like Zimmer Biomet and Conseco offer many opportunities. Advisors here build long-lasting relationships with their clients, helping them achieve financial stability.
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What are the best paying companies for a Financial Advisor in Carmel, IN?

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Magellan Financial
Average Salary: $151,250
Magellan Financial offers top-tier salaries for Financial Advisors in Carmel, IN. The company has a strong presence in the area, providing financial services to a wide range of clients. Financial Advisors here enjoy robust benefits and opportunities for career growth.
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Northwestern Mutual
Average Salary: $134,216
Northwestern Mutual stands out for offering competitive salaries for Financial Advisors in Carmel, IN. The company is well-known for its excellent reputation and comprehensive support systems. Advisors here benefit from training and development programs.
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Accenture
Average Salary: $128,138
Accenture provides attractive salaries for Financial Advisors in Carmel, IN. The company operates globally, which gives advisors a chance to work with diverse clients. Advisors receive extensive training and growth opportunities.
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Thrivent
Average Salary: $110,625
Thrivent offers a solid compensation package for Financial Advisors in Carmel, IN. This company is known for its member-focused approach. Advisors here benefit from a supportive work environment and opportunities to make a real difference in clients' lives.
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Corebridge Financial
Average Salary: $94,413
Corebridge Financial offers competitive salaries for Financial Advisors in Carmel, IN. The company is known for its innovative approach to financial services. Advisors here enjoy a collaborative atmosphere and comprehensive benefits.
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Charles Schwab
Average Salary: $70,748
Charles Schwab offers decent salaries for Financial Advisors in Carmel, IN. The company is renowned for its client-centric philosophy. Advisors here benefit from a supportive culture and opportunities for professional development.
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KeyBank
Average Salary: $48,992
KeyBank provides good compensation for Financial Advisors in Carmel, IN. The company has a strong regional presence, offering a wide range of financial services. Advisors here enjoy a supportive work environment and opportunities to grow.
What are the best paying Financial Advisor related jobs in Carmel, IN?

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Certified Financial Planner
Average Salary: $150,910
These professionals help individuals create plans for their finances. They work with people to understand their financial goals. Companies in Carmel, like Fidelity Investments, often hire them.
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Risk Specialist
Average Salary: $136,500
They focus on identifying and managing risks for financial institutions. Their work often involves analyzing data to assess potential risks. Local firms such as SafeCredit Union may hire them.
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Bank Consultant
Average Salary: $132,450
They advise banks on how to improve their financial services. They work closely with bank managers to develop strategies. Banks in Carmel, such as Fifth Third Bank, may offer these roles.
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Loss Control Consultant
Average Salary: $132,167
They help companies reduce potential losses. They analyze business operations to identify areas of risk. Insurance firms like Nationwide Insurance in Carmel look for these experts.
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Wealth Management Advisor
Average Salary: $130,951
They manage the financial assets of high-net-worth individuals. They create personalized financial plans and investment strategies. Wealth Management firms in Carmel often hire them.
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Portfolio Manager
Average Salary: $129,275
They oversee investment portfolios for clients. They make decisions on buying and selling investments to meet financial goals. Investment firms in Carmel, such as Edward Jones, hire these professionals.
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Risk Management Manager
Average Salary: $105,450
They lead teams that handle financial risk assessments. They develop policies to mitigate risks for companies. Large firms in Carmel may need these managers.
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Analyst
Average Salary: $105,265
They analyze financial data to help make informed decisions. They look at trends and provide insights to managers. Many companies in Carmel, like JPMorgan Chase, hire analysts.
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Underwriting Manager
Average Salary: $100,972
They oversee the underwriting process for insurance or loans. They ensure that risks are properly assessed. Insurance companies in Carmel, such as Anthem, often look for these leaders.
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Underwriter
Average Salary: $85,500
They assess the risk of insuring clients or approving loans. They review applications and decide on coverage terms. Local underwriters work for companies like State Farm.
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