Associate Financial Planner Salary

Commissions form a big slice (more than two-fifths) of total compensation for Associate Financial Planners. The median income in this area hovers around $47K. With some bonuses approaching $8K and certain profit sharing proceeds approaching $8K, overall incomes of Associate Financial Planners spread between $34K and $69K depending on individual performance. Location and experience level each impact pay for this group, with the former having the largest influence. Unfortunately, some people in this line of work are without benefits — roughly a fourth lack coverage. On the flip side, the greater part have medical insurance and just under a half receive dental plans. The majority of Associate Financial Planners (62 percent) survey respondents are male. Most Associate Financial Planners report high levels of job satisfaction. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$32,683 - $64,586
(Median)
$33K
$44K
$65K
MEDIAN: $44,206
10%
50%
90%

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$10.93 - $26.17
(Median)
$11
$19
$26
MEDIAN: $19.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$23K$46K$69K
Salary
$32,683 - $64,586  
   
Bonus
$101.37 - $7,964  
Profit Sharing
$496.65 - $7,550  
Commission
$25.00 - $20,226  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,803 - $68,702  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 208
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$12$24$36
Hourly Rate
$10.93 - $26.17  
   
Overtime
$11.19 - $30.95  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$24K$48K$72K
Bonus
$101.37 - $7,964  
   
Commission
$25.00 - $20,226  
Profit Sharing
$496.65 - $7,550  
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
$33,803 - $68,702  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 18
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Job Description for Associate Financial Planner

  • Create and maintain client files.
  • Schedule appointments and assist clients with paperwork.
  • Assist financial planners and clients with the implementation of financial plans.
  • Work with bank personnel to increase sales through referrals.

Associate Financial Planner Job Listings

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Popular Skills for Associate Financial Planner


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Financial Advisor, Microsoft Excel, Financial Applications, and Microsoft Word are correlated to pay that is above average. Most people skilled in Financial Applications are similarly competent in Microsoft Office and Financial Analysis.

Pay Difference by Location


Home to some of the best pay for Associate Financial Planners, New York offers exceptional salaries, 58 percent above the national average. Associate Financial Planners will also find cushy salaries in Atlanta (+10 percent).

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Experience Affects Associate Financial Planner Salaries


Experienced
up arrow 19%

National Average
$47,000


Skills That Affect Associate Financial Planner Salaries

Financial Advisor
up arrow 17%

Microsoft Excel
up arrow 3%

Financial Applications
up arrow 2%

Microsoft Office
up arrow 1%

Microsoft Word
up arrow 1%

Financial Analysis
0%

National Average
$47,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 25 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
11%
1-4 years
68%
5-9 years
15%
10-19 years
6%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 70% dental benefits Dental: 47%
vision benefits Vision: 34% employee benefits None: 27%
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