Top Financial Advisors in Carmel, IN

Q: How much does a financial advisor cost in Carmel?

The median advisory fee in Carmel, IN is 1.38% of assets under management.

Q: How many fee-only advisors are in Carmel?

There are 529 fee-only financial advisors in Carmel, IN, representing 72.3% of all advisors in the area.

529 fee-only184 CFP certifiedMedian fee: 1.38% on $500K

Top Advisors in Carmel

CFP

Median Advisor Fee

Carmel1.38%

National1.25%

10% above the national median

Portfolio: $500K

$0$500K$1M$5M$20M

Compensation Types

Fee-Only72.3%

Includes Commission27.7%

Top Credentials

CFP184 advisors

CFA35 advisors

Frequently Asked Questions

How much does a financial advisor cost in Carmel?

The median advisory fee in Carmel, IN is 1.38% of assets under management. This is 10% above the national median. Fees vary based on portfolio size, services provided, and the advisor's fee structure.

How many fee-only advisors are in Carmel?

There are 529 fee-only financial advisors in Carmel, IN, representing 72.3% of all advisors in the area. Fee-only advisors do not earn commissions from selling financial products, which can reduce potential conflicts of interest.

What credentials should I look for in a Carmel financial advisor?

The most common professional designation among Carmel advisors is the CFP (Certified Financial Planner), held by 184 advisors. Other important credentials include the CFA (Chartered Financial Analyst) and CPA (Certified Public Accountant). These certifications require rigorous education, examination, and ongoing continuing education.