Financial Advisor Pay

Carmel vs Fort Wayne: Financial Advisor Salary (2026)

Compare financial advisor salaries between Carmel, IN and Fort Wayne, IN. All figures are 2026 estimates projected from BLS 2025 data.

Carmel, IN
$105,098
$50.52/hr
Fort Wayne, IN
$83,342
$40.07/hr

Side-by-Side Comparison

MetricCarmel, INFort Wayne, IN
Median Salary$105,098$83,342
Hourly Rate$50.52$40.07
Entry Level (P10)$60,957$45,266
25th Percentile$75,671$49,904
75th Percentile$134,526$162,512
Top Earner (P90)$162,903$242,393
Total Employed15390
Side-by-side bar chart comparing Carmel ($105,098) and Fort Wayne ($83,342) financial advisor salaries.CarmelFort WayneMedian Salary$105,098$83,342Entry Level (P10)$60,957$45,266Top Earner (P90)$162,903$242,393US Median $108,537

Verdict

Carmel and Fort Wayne are closely matched on overall financial advisor compensation, each winning on different metrics.

The salary gap between Carmel and Fort Wayne is $21,756 (26.10%). Carmel's median is -3.17% compared to the US national median of $108,537.

Salary Range Comparison

The full salary range (10th to 90th percentile) in Carmel spans $101,946,Fort Wayne spans $197,127. Fort Wayne has a wider pay range, suggesting more variation in pay between entry-level and experienced financial advisors.

Carmel
P10 (Entry)$60,957
P25$75,671
Median$105,098
P75$134,526
P90 (Top)$162,903
Fort Wayne
P10 (Entry)$45,266
P25$49,904
Median$83,342
P75$162,512
P90 (Top)$242,393

Cost-of-Living Adjusted Comparison

After cost-of-living adjustment, Carmel ($115,113 effective) pays 27.86% more than Fort Wayne ($90,029 effective).

Carmel
Nominal: $105,098
CoL Index: 91.3
Adjusted: $115,113
Fort Wayne
Nominal: $83,342
CoL Index: 92.572
Adjusted: $90,029

Cost-of-living adjustment: salary × (100 / CoL index). Index of 100 = national average.

Which City Is Right for You?

Choose Carmel if…

  • Higher median salary ($105,098/year)
  • Better purchasing power (CoL-adjusted: $115,113)
  • You prefer the Indiana area and lifestyle

Choose Fort Wayne if…

  • Better top-earner potential ($242,393)
  • Larger job market (390 employed)
  • You prefer the Indiana area and lifestyle

Historical Salary Growth Comparison

Based on BLS OEWS metropolitan area data, financial advisor salaries in Carmel grew 29.0% from 2024 to 2025, compared to -18.7% growth in Fort Wayne over the same period.

Carmel, IN

+29.0%

$78,844 (2024) → $101,741 (2025)

Fort Wayne, IN

+-18.7%

$99,190 (2019) → $80,680 (2025)

View Full Salary Data

Frequently Asked Questions

Which city pays financial advisors more: Carmel or Fort Wayne?

Carmel has a higher median financial advisor salary at $105,098/year, compared to Fort Wayne at $83,342/year — a difference of $21,756 (26.10%).

What is the hourly rate difference between Carmel and Fort Wayne?

Carmel financial advisors earn $50.52/hr while Fort Wayne hygienists earn $40.07/hr (2026 est.).

Should I relocate from Carmel to Fort Wayne as a financial advisor?

Consider more than just salary when comparing Carmel and Fort Wayne. Factor in cost of living (CoL-adjusted: Carmel = $115,113, Fort Wayne = $90,029), job availability (15 vs 390 employed), commute, and career growth potential.

What do entry-level financial advisors earn in Carmel vs Fort Wayne?

Entry-level (10th percentile) financial advisors earn $60,957 in Carmel and $45,266 in Fort Wayne. The Carmel area offers higher starting salaries.

Related Comparisons

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

All salary figures are 2026 projections based on BLS OEWS May 2025 data. A 3.30% CAGR (derived from 6-year national BLS trends) was applied to estimate current compensation. Cost-of-living adjustments use BEA Regional Price Parity data. Actual salaries vary by employer, certifications, and experience.

Data Sources & Methodology

Source: BLS, OEWS , released .

Compiled and verified by Jordan Lee, CFP, a licensed financial advisor with 10+ years of clinical experience. · View source data at BLS.gov