Personal Financial Advisors pay range in Cleveland
New workers and the lowest-paid 10% earn about $38,330 a year or less, while the top 10% make $216,370 or more. The middle half of personal financial advisors in Cleveland earn between $43,880 and $98,790.
- $38K10th
- $44K25th
- $44KMedian
- $99K75th
- $216K90th
median average · bar = middle 50% of workers · how to read it
| Pay level | Per year | Per month | Per hour* |
|---|---|---|---|
| Average | $84,070 | $7,006 | $40.42 |
| Median | $43,880 | $3,657 | $21.10 |
| Entry level (25th percentile) | $43,880 | $3,657 | $21.10 |
| Experienced (75th percentile) | $98,790 | $8,232 | $47.50 |
*Hourly figures assume 2,080 paid hours a year. Hourly to annual salary.
Personal Financial Advisors pay in Cleveland vs. Tennessee and the U.S.
Personal financial advisors in Cleveland earn 45% less than the Tennessee average ($153,140) and 46% less than the U.S. average ($156,670). At the median the gap is -58% against the U.S. median of $105,070.
| Area | Average | Median | 10th pct. | 90th pct. | Jobs |
|---|---|---|---|---|---|
| Cleveland | $84,070 | $43,880 | $38,330 | $216,370 | 30 |
| Tennessee | $153,140 | $84,160 | $44,170 | $406,200 | 3,970 |
| United States | $156,670 | $105,070 | $50,190 | $357,020 | 266,800 |
State and U.S. rows: BLS statewide and national estimates, May 2025, which include rural areas.
Personal Financial Advisors salary after taxes in Cleveland
On the average salary of $84,070, a single filer in Cleveland takes home about $67,973 a year, or $5,664 a month and $2,614 every two weeks. Taxes take 19% of gross pay.
Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
Is Cleveland a good place for personal financial advisors? Pay vs. cost of living
Prices in the Cleveland area are 12% below the U.S. average (BEA price parity 88.1), so the average $84,070 buys what about $95,447 would buy in a typical U.S. metro. This job pays 1.1 times the median wage of all jobs in Cleveland ($40,230). A typical home costs $312,380, or 3.7 years of this average salary before tax.
Personal Financial Advisors salary in other Tennessee cities
Cleveland ranks 9th of 9 Tennessee metro areas for this job; Memphis pays the most ($184,300).
- Memphis$184,300
- Nashville$160,890
- Knoxville$142,020
- Kingsport$137,440
- Chattanooga$127,760
- Johnson City$122,080
- Jackson$100,210
- Clarksville$93,310
- Cleveland$84,070
Highest-paying cities for personal financial advisors
Staunton, VA pays this job the most of the metro areas we cover ($258,100).
- Staunton, VA$258,100
- Naples, FL$227,090
- New York, NY$217,170
- Macon, GA$214,380
- San Francisco, CA$214,350
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Personal Financial Advisors salary in Cleveland: questions
How much do personal financial advisors make an hour in Cleveland?
$40.42 an hour on average, and $21.10 at the median (BLS, May 2025).
What is the entry-level personal financial advisors salary in Cleveland?
The lowest-paid 10% earn about $38,330 a year and the 25th percentile is $43,880, a fair guide to starting pay.
What is the personal financial advisors take-home pay in Cleveland?
About $67,973 a year ($5,664 a month) for a single filer on the average salary of $84,070. Tennessee has no state income tax.
Do personal financial advisors earn more in Cleveland than elsewhere?
The average here is 46% less than the U.S. average for this job ($156,670).
Sources and how to read this page
- Wages: U.S. Bureau of Labor Statistics, Occupational Employment and Wage Statistics (OEWS), May 2025 estimates for metropolitan areas. SOC code 13-2052; area Cleveland, TN (17420). Relative standard error of the mean wage: 14.9%.
- U.S. and statewide figures: BLS OEWS national and state estimates, May 2025, every employer including rural areas.
- Cost of living: Bureau of Economic Analysis regional price parities (RPP), 2024; 100 = U.S. average.
- Home value: Zillow Home Value Index. Typical-wage figure: OEWS all occupations, same metro.
- Take-home pay: Single filer, standard deduction: federal income tax (2026 brackets), Social Security, Medicare and no state income tax.
- Job concentration: location quotient 0.41, this job is less common than in the U.S. overall (location quotient 0.41).
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