Personal Financial Advisor Salary in Indianapolis, IN
Personal Financial Advisors in the Indianapolis-Carmel-Greenwood, IN metro area earn a median $102,640 a year — 2% less than the national median. After 2026 taxes, that is $78,039 take-home, or $6,503 a month.
Take-home pay calculator
Pre-filled with the median personal financial advisor salary in Indianapolis, IN. Enter your own offer to see your paycheck.
- Federal income tax$13,751
- Social Security (6.2%)$6,364
- Medicare (1.45%)$1,488
- Indiana income tax$2,998
- Take-home pay$78,039
Marginal rate: 22% federal + 2.95% state
Living in Indianapolis (Marion County)? City residents also pay Indianapolis (Marion County)’s County income tax — about $2,053 a year on this salary — which lowers take-home pay to $75,986 ($6,332 a month). Choose “Indianapolis (Marion County)” under City income tax in the calculator. Suburban residents usually don’t pay it.
Got an offer somewhere else? Compare it with this one after taxes and rent →
Personal Financial Advisor pay by experience in Indianapolis, IN
| Percentile | Salary | Hourly | Take-home / yr | Per month |
|---|---|---|---|---|
| 10th percentile (entry level) | $45,140 | $21.70 | $37,148 | $3,096 |
| 25th percentile | $62,460 | $30.03 | $50,554 | $4,213 |
| Median (50th) | $102,640 | $49.35 | $78,039 | $6,503 |
| 75th percentile | $170,300 | $81.88 | $122,672 | $10,223 |
| 90th percentile (top earners) | $426,180+ | $204.89 | $281,686 | $23,474 |
Wages: BLS Occupational Employment and Wage Statistics, May 2025. Take-home: single filer, Indiana resident, 2026 tax rules.
What $102,640 buys in Indianapolis, IN
Prices in Indianapolis, IN are 4.3% lower than the U.S. average (housing costs are 11% below the national average). Adjusted for local prices, a median personal financial advisor's $78,039 take-home pay has the buying power of $81,549 in a typical American city.
Rents: HUD Fair Market Rents, FY2026 (40th-percentile gross rent incl. utilities). Price levels: BEA Regional Price Parities, 2024.
Indianapolis, IN has 1.3× the national concentration of personal financial advisor jobs — a strong local market for this occupation.
Best-paying cities for personal financial advisors, adjusted for cost of living
Indianapolis, IN ranks #8 of 23 metro areas once taxes and local prices are taken into account.
| # | Metro area | Median salary | Take-home | Real value* |
|---|---|---|---|---|
| 1 | New York, NY | $170,050 | $118,502 | $105,277 |
| 2 | Kansas City, MO | $123,140 | $90,582 | $97,881 |
| 3 | San Francisco, CA | $160,610 | $108,248 | $93,629 |
| 4 | Bridgeport, CT | $135,770 | $98,069 | $91,770 |
| 5 | Miami, FL | $125,670 | $97,161 | $85,114 |
| 6 | Philadelphia, PA | $116,560 | $87,252 | $85,079 |
| 7 | St. Louis, MO | $103,690 | $77,840 | $81,861 |
| 8 | Indianapolis, IN | $102,640 | $78,039 | $81,549 |
*Take-home pay divided by the BEA price level, so every city is measured in U.S.-average dollars. See all 23 metros →
About the job: personal financial advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
- Typical education
- Bachelor's degree
- Work experience
- None required
- On-the-job training
- Long-term on-the-job training
- Job outlook, 2025–35
- +1.4% (slower than average)
Source: BLS Standard Occupational Classification and Employment Projections, 2025–35.
Frequently asked questions
How much does a personal financial advisor make in Indianapolis, IN?
The median personal financial advisor salary in the Indianapolis-Carmel-Greenwood, IN metro area is $102,640 a year, or about $49.35 an hour, according to the Bureau of Labor Statistics (May 2025). The middle half earn between $62,460 and $170,300.
What is a personal financial advisor’s take-home pay in Indianapolis, IN?
On the median $102,640 salary, a single filer living in Indiana takes home about $78,039 a year ($6,503 a month) after federal tax, Social Security, Medicare and $2,998 in Indiana taxes in 2026.
Is Indianapolis, IN a good place to work as a personal financial advisor?
Pay here is 2% below the national median of $105,070. Local prices are 4.3% below the U.S. average, so the take-home pay buys what $81,549 would in a typical U.S. city. Indianapolis, IN ranks #8 of 23 metro areas for cost-of-living-adjusted pay in this job.
Can a personal financial advisor afford rent in Indianapolis, IN?
HUD’s fair market rent for a one-bedroom in Indianapolis, IN is $1,242 a month ($1,454 for two bedrooms) — 19% of a median personal financial advisor’s monthly take-home pay. Financial planners usually suggest keeping rent under about 30%.
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