Help individuals manage finances, investments, insurance, and retirement planning. Median salary in Cleveland: $87K/year. Data from BLS, O*NET, and H-1B disclosures.
Figures represent annual base salary in Cleveland, Ohio. Reviewed by SalaryOptics Editorial · How we calculate this →
Analysis derived from the salary, COL, tax, and labor-market figures above — specific to this role and city.
Financial Advisors in Cleveland earn approximately 8% lower than the US national median for this role — a $8,000 discount on annual base salary. Cleveland's lower wage level partially reflects the area's cost-of-living index of 82 (US avg = 100).
Adjusted for Cleveland's cost-of-living index (82), the median Financial Advisor salary buys the equivalent of $106,098 in a US-average-cost city. That's $11,098 more purchasing power than the national median — a meaningful real-wage advantage.
Based on BLS 2022–2032 Employment Projections and WEF Future of Jobs Report 2026. At current growth rates, median salary reaches $87K by 2030.
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The median Financial Advisor salary in Cleveland, OH is $87,000 per year as of Q1 2026. This figure represents the midpoint of all reported compensation for this role in the Cleveland–OH metropolitan area, based on data from the Bureau of Labor Statistics Occupational Employment Statistics, H-1B visa disclosures from the Department of Labor, and O*NET occupational data.
Entry-level Financial Advisors in Cleveland with 0–2 years of experience typically earn between $53,000 and $87,000 annually. Mid-career professionals with 3–7 years command $87,000 to $136,000, while senior-level practitioners with 8+ years of experience regularly earn $136,000 to $212,000 or more.
Cleveland has a cost of living index of 82 compared to the US national average of 100. This means your salary goes approximately 18% further in Cleveland than the national average. Ohio has a 3.99% state income tax rate.
Bachelor's in Finance; CFP, Series 7/65 licenses. 42% of these roles offer some remote flexibility.