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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. In the world of Associate Financial Planners, overall cash allowance can occasionally include more than $8K from bonuses and, in some exceptional cases, $8K from profit sharing, causing incomes to vary widely between $34K and $69K. Residence and career length each impact pay for this group, with the former having the largest influence. Job satisfaction is reported as high by the vast majority of workers. There are more male Associate Financial Planners than female among those who completed the questionnaire, making up 61 percent. About a fourth of professionals in this line of work do not receive benefits; however, more than half report medical coverage and just under a half claim dental coverage as well. The numbers in this rundown were provided by PayScale's salary survey participants.

$32,760 - $65,194
(Median)
$33K
$44K
$65K
MEDIAN: $44,115
10%
50%
90%

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$11.00 - $26.00
(Median)
$11
$18
$26
MEDIAN: $18.00
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
$32,760 - $65,194  
   
Bonus
$97.87 - $8,054  
Profit Sharing
$679 - $7,652  
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).
)
$33,893 - $68,952  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 202
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
$11.00 - $26.00  
   
Overtime
$11.19 - $30.88  
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
$97.87 - $8,054  
   
Commission
$25.00 - $20,226  
Profit Sharing
$679 - $7,652  
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).
)
$33,893 - $68,952  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 19
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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 Microsoft Excel, Financial Applications, Microsoft Word, and Microsoft Office are correlated to pay that is above average. It is often found that people who know Financial Applications are also skilled 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, 59 percent above the national average. Associate Financial Planners will also find cushy salaries in Atlanta (+11 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

Microsoft Excel
up arrow 4%

Financial Applications
up arrow 3%

Microsoft Office
up arrow 2%

Microsoft Word
up arrow 2%

Financial Advisor
up arrow 1%

Financial Analysis
0%

National Average
$47,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
11%
1-4 years
67%
5-9 years
15%
10-19 years
6%
20 years or more
1%

Common Health Benefits

medical benefits Medical: 69% dental benefits Dental: 47%
vision benefits Vision: 33% employee benefits None: 27%
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