Salary distribution
Where Cleveland personal financial advisors fall on the wage curve.
Shaded band = interquartile range (where most full-time workers fall)
The middle 50% of workers earn between $60,720 and $159,240, with a median of $81,130.
Typical entry
Education
Bachelor's degree
Experience
None
On-the-job training
Long-term on-the-job training
Top skills (O*NET)
- 4.5 / 5
Customer and Personal Service
Knowledge
- 4.0 / 5
Economics and Accounting
Knowledge
- 4.0 / 5
Speaking
Basic skill
- 4.0 / 5
Writing
Basic skill
- 4.0 / 5
Active Listening
Basic skill
- 4.0 / 5
Reading Comprehension
Basic skill
- 4.0 / 5
English Language
Knowledge
- 4.0 / 5
Oral Comprehension
Ability
Common tasks (O*NET)
- 01
Interview clients to determine their current income, expenses, insurance coverage, tax status, financial objectives, risk tolerance, or other information needed to develop a financial plan.
- 02
Recommend to clients strategies in cash management, insurance coverage, investment planning, or other areas to help them achieve their financial goals.
- 03
Manage client portfolios, keeping client plans up-to-date.
- 04
Implement financial planning recommendations, or refer clients to someone who can assist them with plan implementation.
- 05
Analyze financial information obtained from clients to determine strategies for meeting clients' financial objectives.
- 06
Answer clients' questions about the purposes and details of financial plans and strategies.
- 07
Review clients' accounts and plans regularly to determine whether life changes, economic changes, environmental concerns, or financial performance indicate a need for plan reassessment.
- 08
Contact clients periodically to determine any changes in their financial status.
Sponsored
Build the skills employers list for Personal Financial Advisors
Online courses from licensed providers. We may earn a commission when you enroll. The commission does not influence our rankings or wage data.
Explore coursesOther metros in Ohio
How the Cleveland metro compares to other major Ohio metro areas for personal financial advisors.
- Columbus$81,600
- Cincinnati$80,540
Frequently asked questions
- What is the median salary for Personal Financial Advisors in Cleveland, Ohio?
- According to BLS Occupational Employment and Wage Statistics, the median annual wage for Personal Financial Advisors in the Cleveland metropolitan area is $81,130.
- Does Cleveland pay more than the Ohio state average for Personal Financial Advisors?
- The Cleveland metro median is -10.8% versus the Ohio state median of $90,990.
- How does Cleveland compare to the national median for Personal Financial Advisors?
- The Cleveland metro median is -26.1% versus the BLS national figure of $109,773.
- What is the salary range for Personal Financial Advisors in Cleveland?
- BLS reports the 10th-percentile annual wage at $47,680 and the 90th-percentile at $223,760 for the Cleveland metro area.
- What education is required for Personal Financial Advisors?
- BLS lists the typical entry-level education as Bachelor's degree. Many employers also weigh prior experience and credentials.
Information on this page is for general educational purposes only. It is not career, financial, or tax advice. BLS metro estimates reflect the Cleveland CBSA boundary for the reference year shown and may not match individual offers, employer-specific ranges, or current market conditions. Confirm with a licensed professional before making career or compensation decisions.