Financial Advisor Salary in Westfield, IN: $79,634 (2026)
Quick Answer:A full-time financial advisor in Westfield, IN earns a median $79,634/year (≈ $38.28/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Westfield's price level (9% below national, BEA RPP 91.3), that paycheck buys what $87,222 would nationally. Nominal pay sits 1.7% below the Indiana state average.
Based on BLS state-level estimates · View source
In 2026, financial advisors in Westfield, Indiana, can expect a median annual salary of $79,634, which is notably lower than the national median of $108,537. This local figure reflects a salary range from $46,187 at the 10th percentile to $123,433 at the 90th percentile, illustrating a substantial diversity in earnings potential within the profession. These estimates, derived from 2025 BLS data and adjusted for regional cost variations, provide a clear picture of financial advisor pay in Westfield, illustrating how market dynamics shape compensation. As financial services in Westfield evolve, the structural divide between wirehouses and independent Registered Investment Advisors (RIAs) continues to impact salaries, with advisors operating under different business models commanding varying levels of pay based on their assets under management and client engagement strategies.
About the Westfield Market
Salary estimated from Indiana average ($88,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $46,187 | $22.21 |
| Lower Range (P25) | $57,337 | $27.57 |
| Median (P50)(typical) | $79,634 | $38.28 |
| Upper Range (P75) | $101,931 | $49.01 |
| Top Earners (P90) | $123,433 | $59.35 |
Median Salary Position
26.63% below the national average
2026 Salary Percentile Distribution in Westfield
In Westfield, IN, the financial advisor salary spread from the 10th to 90th percentile is $77,246 (2026 est.). At $79,634, the local median is 26.63% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Westfield: You'd be in the lower-middle range
How Westfield Financial Advisor Pay Compares
Westfield median: $79,634/year (2026)
| Compared To | Median Salary | Westfield Pays |
|---|---|---|
| Indiana Average | $81,011 | -1.70% less |
| National Average | $108,537 | -26.63% less |
Financial Advisors in Westfield, IN earn a median of $79,634 per year (2026 est.), which is 26.63% lower than the national median of $108,537 and 1.70% below the Indiana state average of $81,011.
Cost-of-Living Adjusted Salary
Westfield has a cost of living 8.70% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Westfield, IN has a cost-of-living index of 91.3 (below the national average of 100). A financial advisor earning $79,634 nominally has purchasing power equivalent to $87,222 in an average-cost city — an effective 9.53% boost.
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2019 BLS Actual
$64,456
2025 BLS Actual
$77,090
2026 Current Est.
$79,634
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Westfield (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $64,456 | Actual |
| 2020 | $65,542 | Actual |
| 2021 | $69,093 | Actual |
| 2022 | $69,988 | Actual |
| 2023 | $73,062 | Actual |
| 2024 | $78,997 | Actual |
| 2025 | $77,090 | Actual |
| 2026(current) | $79,634 | Estimated |
| 2027 | $82,262 | Projected |
Based on 7 years of BLS OEWS data for the Westfield metropolitan area, the median financial advisor salary grew 19.6% from $64,456 (2019) to $77,090 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $82,262 by 2027 — a total increase of $17,806 (27.63%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Westfield metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 2026–2026 figures are current estimates, and 2027 values are projections, calculated using a 3.30% CAGR derived from 7-year BLS historical data. Actual salaries may vary based on employer, experience, certifications, and local market conditions.
Salary by Experience Level
| Experience | Estimated Salary Range |
|---|---|
| 0-2 years (New Graduate) | $46,187 – $57,337 |
| 3-5 years (Mid Career) | $57,337 – $79,634 |
| 5+ years (Experienced) | $79,634 – $101,931 |
| 10+ years (Top Earner) | $101,931 – $123,433 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Westfield
In Westfield, the job market for financial advisors shows modest strength, with only nine advisors currently employed in the area. With a cost-of-living index at 91.3, the purchasing power for financial advisors is favorable compared to national averages, allowing greater potential for earnings retention. Local compensation varies widely, with wirehouses like Morgan Stanley and Merrill Lynch typically offering the top salaries due to their ability to leverage large client bases and extensive resources. Factors contributing to pay disparities include the business model—RIAs often rely on a fee-based structure, averaging around 1% of AUM, while wirehouses may use commission-based compensation. Additional credentials, such as those awarded by the CFP Board or CFA Institute, enhance earning potential as well. To maximize financial advisor pay in Westfield, individuals should focus on building a strong client base, pursuing advanced certifications, and positioning themselves strategically within the evolving industry, taking advantage of growth opportunities in the RIA sector.
More salary data for Westfield, IN:
Frequently Asked Questions
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Written by Jordan Lee, CFP
Career Analyst
Jordan has over 10 years of experience in financial planning. They specialize in retirement planning for individuals. They work at a financial services firm in New York City.
Methodology & Data Source
Salary figures on this page are 2026 projections based on the Bureau of Labor Statistics Occupational Employment and Wage Statistics (OEWS) survey, May 2026 release. The BLS reported a median annual salary of $77,090 for financial advisorsin the Westfield metropolitan area. A 3.30% compound annual growth rate (CAGR), calculated from 6-year national BLS wage trends, was applied to project current 2026 compensation. Percentile ranges (P10–P90) represent the full salary distribution across experience levels and practice settings in this market.
Data Sources & Methodology
Salary data for Westfield is estimated from official BLS state-level occupational wage data (2025), adjusted for regional cost-of-living differences using BEA RPP (Regional Price Parities).
2026 figures are projected from 2025 BLS data using a compound annual growth rate (CAGR) of 3.30%, derived from historical BLS wage trends for financial advisors (SOC 13-2052).
Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov