Financial Advisor salary in US Midwest Region

Average salary
$91,500/yr
Based on 3,137 income tax records
$27,000
$489,500
Age:
Average salary by age
18-25
26-35
36-45
46-55
56+
 
$53K
 
$81K
 
$115K
 
$134K
 
$133K
$27,000
$489,500
How much do Financial Advisors make?
The average total salary for a Financial Advisor is $91,500 per year. This is based on data from 3,137 TurboTax users who reported their occupation as Financial Advisor and includes taxable wages, tips, bonuses, and more. Financial Advisor salary can vary between $27,000 to $489,500 depending on factors including education, skills, experience, employer & location. Read more
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DATA PROVIDED BY turbotax icon

Based on income reported to the IRS in box 1 of W-2.

From consenting TurboTax customers

Financial Advisor salary by location

Financial Advisor salary by company

Employer
Average salary per year*
Salary range**
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William Blair Company, US Midwest Region
14 income tax records
$207,000/yr
$52K – $664K
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Robert W Baird, US Midwest Region
72 income tax records
$170,000/yr
$49K – $549K
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Fifth Third Securities, US Midwest Region
18 income tax records
$170,000/yr
$43K – $346K
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Oppenheimer Co, US Midwest Region
19 income tax records
$166,000/yr
$53K – $902K
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Morgan Stanley, US Midwest Region
168 income tax records
$162,500/yr
$50K – $644K
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US Bancorp Investments, US Midwest Region
22 income tax records
$154,500/yr
$38K – $506K
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Raymond James & Associates, US Midwest Region
75 income tax records
$152,000/yr
$49K – $604K
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JPMorgan Chase, US Midwest Region
159 income tax records
$147,500/yr
$45K – $395K
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Stifel Nicolaus Co, US Midwest Region
54 income tax records
$145,500/yr
$36K – $527K
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Charles Schwab, US Midwest Region
31 income tax records
$138,500/yr
$41K – $349K
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Royal Bank Of Canada, US Midwest Region
38 income tax records
$137,000/yr
$61K – $589K
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Fidelity, US Midwest Region
73 income tax records
$137,000/yr
$47K – $390K
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Wells Fargo, US Midwest Region
222 income tax records
$128,500/yr
$53K – $641K
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TIAA, US Midwest Region
18 income tax records
$114,000/yr
$84K – $176K
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Moneta Group, US Midwest Region
16 income tax records
$113,000/yr
$53K – $164K
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TD Ameritrade, US Midwest Region
14 income tax records
$106,500/yr
$29K – $182K
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Insperity, US Midwest Region
12 income tax records
$105,500/yr
$36K – $267K
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PNC Financial Services Group, US Midwest Region
57 income tax records
$104,500/yr
$41K – $288K
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Huntington Investment Company, US Midwest Region
29 income tax records
$103,500/yr
$63K – $244K
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Schwab Private Client Investment, US Midwest Region
12 income tax records
$95,500/yr
$80K – $134K
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Merrill Lynch, US Midwest Region
333 income tax records
$93,500/yr
$56K – $749K
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Ameriprise Financial Services, US Midwest Region
52 income tax records
$87,000/yr
$44K – $514K
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Cmfg Life Insurance Company, US Midwest Region
20 income tax records
$81,000/yr
$49K – $260K
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Valeo Financial Advisors, US Midwest Region
16 income tax records
$80,000/yr
$39K – $311K
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Citizens Securities, US Midwest Region
11 income tax records
$75,500/yr
$42K – $227K
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Variable Annuity Life Insurance, US Midwest Region
28 income tax records
$68,000/yr
$27K – $253K
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Plante Moran Financial Advisor, US Midwest Region
19 income tax records
$66,000/yr
$39K – $125K
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US Bank, US Midwest Region
10 income tax records
$56,500/yr
$30K – $197K
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Thrivent Financial For Lutherans, US Midwest Region
41 income tax records
$52,500/yr
$27K – $131K
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Principal Financial Services, US Midwest Region
12 income tax records
$47,000/yr
$16K – $97K
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Axa Distribution Holding Corp, US Midwest Region
36 income tax records
$43,500/yr
$19K – $90K
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Prudential Financial, US Midwest Region
35 income tax records
$42,000/yr
$18K – $161K
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New York Life Insurance, US Midwest Region
16 income tax records
$40,500/yr
$19K – $173K
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Massachusetts Mutual Life Insurance, US Midwest Region
12 income tax records
$29,500/yr
$17K – $64K
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Minnesota Life Insurance Company, US Midwest Region
19 income tax records
$27,500/yr
$17K – $57K

Financial Advisor demographics in US Midwest Region

single icon
39% are single
married icon
61% are married
have kids icon
47% have kids
own a home icon
68% own a home

Effective Tax Rates for Financial Advisors in US Midwest Region

3,137 full-time salaries from 2019
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FAQS
The average salary for a financial advisor in US Midwest Region is $91,500 per year. Financial advisor salaries in US Midwest Region can vary between $27,000 to $489,500 and depend on various factors, including skills, experience, employer, bonuses, tips, and more.

This data is exclusive to Mint Salary and is based on 3,137 tax returns from TurboTax customers who reported their occupation as financial advisor.

The following companies offer the highest salaries for financial advisors in US Midwest Region: William Blair Company ($207,000 a year), Robert W Baird ($170,000 a year), and Fifth Third Securities ($170,000 a year).

The following cities offer the highest salaries for financial advisors in US Midwest Region: Flint Metro Area, MI ($240,500 a year), Dayton Metro Area, OH ($167,500 a year), and Kalamazoo Metro Area, MI ($141,500 a year).
*
Total salary amounts here include total taxable wages, tips, prizes and other compensation. Salaries here are not representative of the total population and may reflect different levels of experience or education. Learn more
**
Total salary ranges shown here exclude outliers.