How to Become a Personal Financial Advisors in Ohio
Personal Financial Advisors in Ohio earn a median salary of $90,990/year, which is 13% below the national average. Ohio has a state income tax of ~2.0%. After taxes and rent, a personal financial advisors takes home approximately $4,671/month. Most positions require Bachelor's degree.
What a personal financial advisors can afford in Ohio
Becoming a personal financial advisors in Ohio
Meet education requirements
Personal Financial Advisors positions in Ohio typically require Bachelor's degree. Programs are available at colleges and training institutions across Ohio. Research accredited programs in your area.
Gain required experience
Many personal financial advisors positions in Ohio require hands-on experience through internships, apprenticeships, or entry-level roles. Look for training programs and mentorship opportunities in your metro area.
Obtain Ohio licensure or certification
Ohio may require specific licensing or professional certification for personal financial advisorss. Requirements vary by state, contact the Ohio Department of Labor or relevant licensing board for current requirements, exam schedules, and application procedures.
Find positions in Ohio
Ohio employs 7,680 personal financial advisors. The highest concentrations are in Canton-Massillon and Akron.
Personal Financial Advisors salary by metro area in Ohio
| Metro area | Median | Hourly | Employment |
|---|---|---|---|
| Canton-Massillon | $98K | $46.97/hr | 100 |
| Akron | $97K | $46.42/hr | 390 |
| Dayton-Kettering-Beavercreek | $96K | $46.29/hr | 400 |
| Youngstown-Warren | $96K | $46.15/hr | 220 |
| Toledo | $83K | $39.85/hr | 250 |
| Columbus | $82K | $39.23/hr | 1,900 |
| Cleveland | $81K | $39.01/hr | 1,640 |
| Cincinnati | $81K | $38.72/hr | 2,510 |
| Mansfield | $78K | $37.67/hr | 50 |
Personal Financial Advisors salary range in Ohio
Personal Financial Advisors careers in other states
Frequently asked questions
How much does a personal financial advisors make in Ohio?▼
The median personal financial advisors salary in Ohio is $90,990 per year ($43.75/hr). This is 13% below the national median of $105,070. Salaries range from $49,400 to $222,060.
What are the requirements to become a personal financial advisors in Ohio?▼
Personal Financial Advisors positions in Ohio typically require Bachelor's degree. Ohio may have specific licensing or certification requirements. Check with the Ohio licensing board or department of labor for current requirements.
Can a personal financial advisors afford to live in Ohio?▼
At the median salary of $90,990, a personal financial advisors in Ohio would take home approximately $5,882/month after taxes. With median 2-bedroom rent at $1,211/month, that's 20.6% of take-home pay going to housing. This is within the recommended 30% guideline.
What are the best cities for personal financial advisors in Ohio?▼
The highest paying metro areas for personal financial advisors in Ohio are Canton-Massillon ($97,700), Akron ($96,550), Dayton-Kettering-Beavercreek ($96,270). However, cost of living varies significantly between metros, a higher salary may not mean more purchasing power.
Does Ohio have state income tax for personal financial advisors?▼
Yes, Ohio has a state income tax rate of approximately 2.0%. On a $90,990 salary, this means roughly $1,818/year in state income tax. Use our take-home pay calculator for a detailed breakdown.