Financial Advisor Pay

Financial Advisor Salary in Ohio: $86,012 (2026)

Quick Answer:Across Ohio's 67 metropolitan areas, the average median financial advisor pay sits at $86,012/year heading into 2026 — a figure projected from 2025 BLS OEWS wage data for SOC 13-2052. Because Ohio sits at BEA RPP 90.7 (9% below the U.S. baseline), that statewide median translates to roughly $94,831 in nationally-comparable purchasing power. Highest-paying metros: Canton ($97,700), Akron ($96,550), Beavercreek ($96,420).

Financial Advisor Salary in Ohio - 2025 BLS Data Infographic
Ohio financial advisor salary overview (2026)
$86,012
Avg Median Salary
$41.35
Avg Hourly Rate
7,908
Metro Employed
67
Cities

The projected average median salary for financial advisors in Ohio in 2026 is $86,012, which is significantly lower than the national median of $108,537, reflecting a difference of 20.8%. There is a notable salary disparity within the state, where Canton offers the highest average at $100,924, while Solon has the lowest at $78,695, creating a gap of $22,229. This difference can be attributed to various factors, including the cost of living, the concentration of affluent clients, and the presence of large financial institutions in certain areas. Ohio's licensing requirements for financial advisors include passing the Series 7 and Series 66 exams, alongside state-specific regulations that can impact the scope of practice. The demand for financial advisors is driven by factors such as an aging population and increasing financial literacy, resulting in a projected annual growth rate of 3.30% in employment opportunities. Currently, there are 7,908 financial advisors across the state, with cities like Akron ($99,736), Beavercreek ($99,602), Massillon ($99,555), and Dayton ($99,447) presenting competitive salaries. Understanding these dynamics can help aspiring financial advisors make informed decisions about their career paths in Ohio.

Ohio Financial Advisor Salary Range

Entry Level (10th %ile)
$49,352
avg across 67 cities
Median
$86,012
state average
Top Earners (90th %ile)
$251,598
avg across 67 cities

Overall salary range in Ohio: $44,987 (lowest entry-level) to $318,102 (highest top earner)

Ohio vs National Average

Ohio
$86,012
National Median
$108,537

Ohio financial advisors earn 20.75% less than the national median ($-22,525/year difference).

Ohio Financial Advisor Salary Distribution (2026)

Vertical bar chart showing Ohio financial advisor salary percentiles: 10th percentile $49,352, 25th $64,351, Median $86,012, 75th $158,244, 90th $251,598. US national median is $108,537.$70.4K$140.9K$211.3K$281.8K$49.4K10thEntry Level$64.4K25thEarly Career$86.0KMedianMid Career$158.2K75thExperienced$251.6K90thTop EarnerUS Median $108.5K

Financial Advisor salaries in Ohio range from $49,352 (entry-level, 10th percentile) to $251,598 (top earners, 90th percentile), with a median of $86,012. The Ohio median is $22,525 below the US national median of $108,537. The average hourly rate is $41.35/hr. Approximately 7,908 financial advisors are employed across 67 cities.

2019 BLS Actual

$74,386

2025 BLS Actual

$83,264

2026 Current Est.

$86,012

2019–2027 Growth

+19.4%

Salary Trajectory for Financial Advisors in Ohio (20192027)

2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.

BLS Actual Estimated Projected
Salary trajectory chart for financial advisors in Ohio. Baseline $74,386 in 2025, projected to $88,850 by 2027.$70.6K$77.2K$83.8K$90.4K$97.0K2019202020212022202320242025202620272025 BLS$74.4K$81.2K$93.2K$84.5K$89.7K$89.6K$83.3K$86.0K$88.8K
YearAnnual SalaryStatus
2019$74,386Actual
2020$81,159Actual
2021$93,211Actual
2022$84,509Actual
2023$89,687Actual
2024$89,645Actual
2025$83,264Actual
2026(current)$86,012Estimated
2027$88,850Projected

Based on 7 years of BLS OEWS data for the Ohio metropolitan area, the median financial advisor salary grew 11.9% from $74,386 (2019) to $83,264 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $88,850 by 2027 — a total increase of $14,464 (19.44%) from 2019.

Note: Historical values (20192025) are actual BLS OEWS figures for the Ohio metropolitan area, sourced from annual Occupational Employment and Wage Statistics surveys. 20262026 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.

Top 5 Highest Paying Cities in Ohio

#1
Canton
100 employed · $48.52/hr
$100,924
+17.34% vs avg
#2
Akron
390 employed · $47.95/hr
$99,736
+15.96% vs avg
#3
Beavercreek
8 employed · $47.89/hr
$99,602
+15.80% vs avg
#4
Massillon
7 employed · $47.86/hr
$99,555
+15.75% vs avg
#5
Dayton
400 employed · $47.82/hr
$99,447
+15.62% vs avg

Lowest Paying Cities in Ohio

CityMedian Salary
Solon$78,695
Centerville$78,707
Avon Lake$78,881
Wadsworth$78,939
Tiffin$79,004

Best Value Cities for Financial Advisors in Ohio

When adjusted for local cost of living, these Ohio cities offer the most purchasing power for financial advisors.

CityNominal SalaryCoL IndexAdjusted Salary
Youngstown$99,15887.394$113,461
Canton$100,92489.406$112,883
Beavercreek$99,60290.7$109,815
Massillon$99,55590.7$109,763
Warren$99,39990.7$109,591

Adjusted salary = nominal salary × (100 / CoL index). CoL index: 100 = national average. Lower index = lower cost of living.

Salary by Experience Level in Ohio

Experience LevelEstimated Annual
Entry Level (0-2 years)$49,352
Mid Career (3-7 years)$86,012
Experienced (7+ years)$251,598

Estimates based on BLS percentile data averaged across Ohio metro areas. Individual pay varies by employer, certifications, and specialization.

All 67 Cities in Ohio

#CityMedian Salary
1Canton$100,924
2Akron$99,736
3Beavercreek$99,602
4Massillon$99,555
5Dayton$99,447
6Warren$99,399
7Youngstown$99,158
8Kettering$98,106
9Lorain$86,549
10Springfield$86,387
11Parma$86,312
12Cuyahoga Falls$85,959
13Hamilton$85,660
14Toledo$85,625
15Lakewood$85,193
16Sandusky$85,093
17Bowling Green$85,080
18Lancaster$85,053
19Zanesville$85,047
20Westlake$84,900
21Middletown$84,867
22Grove City$84,621
23Delaware$84,555
24Gahanna$84,542
25Westerville$84,488
26Columbus$84,293
27Huber Heights$84,289
28Lima$84,230
29North Ridgeville$84,223
30North Royalton$84,103
31Cleveland$83,807
32North Olmsted$83,804
33Reynoldsburg$83,658
34Strongsville$83,379
35Cincinnati$83,198
36Brunswick$82,861
37Wooster$82,861
38Elyria$82,731
39Shaker Heights$82,564
40Medina$82,509
41Dublin$82,242
42Fairfield$82,236
43Mentor$82,149
44Mason$81,791
45Avon$81,689
46Marion$81,565
47Stow$81,558
48Newark$81,512
49Findlay$81,425
50Green$81,299
51Barberton$81,299
52Austintown$81,266
53Cleveland Heights$81,253
54Upper Arlington$81,146
55Xenia$81,146
56Hilliard$81,047
57Mansfield$80,946
58Oxford$80,794
59Chillicothe$80,619
60Perrysburg$80,324
61Trotwood$80,298
62Athens$79,448
63Tiffin$79,004
64Wadsworth$78,939
65Avon Lake$78,881
66Centerville$78,707
67Solon$78,695

More Ohio Salary Data

Hourly Rates

Explore financial advisor hourly pay in Ohio cities.

Entry Level

Starting salaries for new financial advisors.

Senior / Experienced

Top earner salaries for experienced financial advisors.

Compare Cities in Ohio

View all comparisons →

Explore More Financial Advisor Salary Data

Frequently Asked Questions

How much do financial advisors make in Ohio in 2026?

The average median financial advisor salary in Ohio is $86,012/year across 67 metro areas, based on estimated 2026 (projected from 2025 BLS data). Salaries range from $78,695 in Solon to $100,924 in Canton. This makes Ohio 20.75% below the national median of $108,537. The state employs approximately 7,908 financial advisors.

What is the highest paying city for financial advisors in Ohio?

Canton offers the highest financial advisor salary in Ohio at $100,924/year ($48.52/hr), based on estimated 2026 (projected from 2025 BLS data). The top 3 highest-paying cities are Canton ($100,924), Akron ($99,736), Beavercreek ($99,602). Higher pay in these metros is typically driven by cost of living, demand for financial planning services, and competition among employers for licensed financial advisors.

How does Ohio financial advisor pay compare to the national average?

Ohio's average financial advisor salary of $86,012 is 20.75% below the national median of $108,537 in 2026. The state employs approximately 7,908 financial advisors across 67 metropolitan areas. When comparing salaries, consider cost-of-living differences — a lower nominal salary in an affordable area may provide better purchasing power than a higher salary in an expensive metro.

What is the entry-level financial advisor salary in Ohio?

Entry-level financial advisors (10th percentile) in Ohio earn approximately $49,352/year on average, based on estimated 2026 (projected from 2025 BLS data). Starting salaries range from $44,987 in lower-paying areas to $57,769 in the highest-paying metros. New graduates should expect salaries at the lower end and can typically reach the area median within 3–5 years of clinical experience.

How many financial advisors are employed in Ohio?

Ohio employs approximately 7,908 financial advisors across 67 metropolitan areas, based on the latest BLS data. This makes Ohio one of the larger employers of financial advisors nationally. Demand continues to grow as the financial planning field expands and the population ages.

Which Ohio city offers the best value for financial advisors?

When adjusted for cost of living, Youngstown offers the highest purchasing power for financial advisors in Ohio, with an adjusted salary of $113,461 (nominal: $99,158, CoL index: 87.394). This means your dollar goes 14% further compared to the national average, making it an attractive option for maximizing real income.
JL

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.

Clinically reviewed by Sophia Martinez, CFAData verified by Ethan Wang, ChFC

Methodology & Data Source

Statewide 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. A 3.30% compound annual growth rate (CAGR), derived from 6-year national BLS wage trends, was applied to each metro area's reported salary to estimate current 2026 financial advisor compensation across Ohio. State averages are employment-weighted across 67 metro areas — larger metro areas with more financial advisorscontribute proportionally more to the average, producing figures that better reflect typical compensation. Individual pay varies by city, employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS, 7-year dataset (). Per-city data from annual BLS metropolitan area surveys.

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

Last verified: