Financial Advisor Salary in Westerville, OH: $84,488 (2026)
Quick Answer:A full-time financial advisor in Westerville, OH earns a median $84,488/year (≈ $40.62/hour) in nominal terms for 2026 — projected from BLS OEWS 2025 (SOC 13-2052). Once you factor in Westerville's price level (9% below national, BEA RPP 90.7), that paycheck buys what $93,151 would nationally. Nominal pay sits 1.3% below the Ohio state average.
Based on BLS state-level estimates · View source
Financial advisors in Westerville, OH, can expect a median annual salary of $84,488 in 2026, which positions them notably below the national median of $108,537. The compensation spectrum for these professionals ranges from a lower threshold of $49,003 to an upper limit of $130,957, reflecting the variability in experience and client base. These estimates are derived from 2025 BLS data, adjusted for regional price differences, and highlight how the local job market can impact earning potential. With the industry’s current trends favoring independent advisory models, the opportunity for financial advisors to maximize their long-term compensation through business ownership remains compelling—this is relevant in a city that retains only a small contingent of approximately eight financial advisors, emphasizing the competitive nature of the local landscape.
About the Westerville Market
Salary estimated from Ohio average ($95,000) adjusted for local cost of living.
Salary Breakdown
| Percentile | Annual | Hourly |
|---|---|---|
| Entry Level (P10) | $49,003 | $23.56 |
| Lower Range (P25) | $60,831 | $29.24 |
| Median (P50)(typical) | $84,488 | $40.62 |
| Upper Range (P75) | $108,145 | $51.99 |
| Top Earners (P90) | $130,957 | $62.96 |
Median Salary Position
22.16% below the national average
2026 Salary Percentile Distribution in Westerville
In Westerville, OH, the financial advisor salary spread from the 10th to 90th percentile is $81,954 (2026 est.). At $84,488, the local median is 22.16% below the national median of $108,537.
Salary Calculator
At 40 hours/week in Westerville: You'd be in the lower-middle range
How Westerville Financial Advisor Pay Compares
Westerville median: $84,488/year (2026)
| Compared To | Median Salary | Westerville Pays |
|---|---|---|
| Ohio Average | $85,601 | -1.30% less |
| National Average | $108,537 | -22.16% less |
Financial Advisors in Westerville, OH earn a median of $84,488 per year (2026 est.), which is 22.16% lower than the national median of $108,537 and 1.30% below the Ohio state average of $85,601.
Cost-of-Living Adjusted Salary
Westerville has a cost of living 9.30% below the national average, meaning your salary goes further here.
Adjusted salary = nominal × (100 / CoL index). CoL index: 100 = national average.
Westerville, OH has a cost-of-living index of 90.7 (below the national average of 100). A financial advisor earning $84,488 nominally has purchasing power equivalent to $93,151 in an average-cost city — an effective 10.25% boost.
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2019 BLS Actual
$68,385
2025 BLS Actual
$81,789
2026 Current Est.
$84,488
2019–2027 Growth
+27.6%
Salary Trajectory for Financial Advisors in Westerville (2019–2027)
2019–2025: actual BLS OEWS data for this metro area. 2026+: CAGR 3.30% projection.
| Year | Annual Salary | Status |
|---|---|---|
| 2019 | $68,385 | Actual |
| 2020 | $69,537 | Actual |
| 2021 | $73,304 | Actual |
| 2022 | $74,254 | Actual |
| 2023 | $77,515 | Actual |
| 2024 | $85,021 | Actual |
| 2025 | $81,789 | Actual |
| 2026(current) | $84,488 | Estimated |
| 2027 | $87,276 | Projected |
Based on 7 years of BLS OEWS data for the Westerville metropolitan area, the median financial advisor salary grew 19.6% from $68,385 (2019) to $81,789 (2025). At a 3.30% compound annual growth rate, salaries are projected to reach $87,276 by 2027 — a total increase of $18,891 (27.62%) from 2019.
Note: Historical values (2019–2025) are actual BLS OEWS figures for the Westerville 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) | $49,003 – $60,831 |
| 3-5 years (Mid Career) | $60,831 – $84,488 |
| 5+ years (Experienced) | $84,488 – $108,145 |
| 10+ years (Top Earner) | $108,145 – $130,957 |
CFP, FA salary ranges estimated from BLS percentile data. Individual financial advisor compensation varies by employer, certifications, and specialization.
Financial Advisor Job Market in Westerville
In terms of financial advisor pay in Westerville, those employed in the city benefit from a cost-of-living index of 90.7, indicating that their earnings stretch further compared to many other regions. Although this lower living expense provides an advantage, it is crucial to consider how various employer types impact compensation across the board. Wirehouses like Morgan Stanley and Merrill Lynch typically offer higher salaries, but advisors there may face the traditional commission-based compensation structure, which can limit earnings potential. Conversely, independent broker-dealers and RIAs could provide more favorable AUM-based fees, especially when paired with a strong focus on high-net-worth clients. Factors such as client concentration, certification status (like CFP or CFA), and practice management decisions significantly influence the disparity in compensation. Advisors aiming to enhance their financial advisor salary in Westerville should consider establishing their practice or transitioning to a fee-only RIA model to optimize client relationships and revenue streams.
More salary data for Westerville, OH:
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 $81,789 for financial advisorsin the Westerville 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 Westerville 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