A big portion of take-home pay for Associate Financial Planners — just over two-fifths, in fact — arrives through commissions. This profession's median overall income is approximately $51K. In the world of Associate Financial Planners, overall cash allowance can occasionally include more than $7K from bonuses and, in some exceptional cases, $8K from profit sharing, causing incomes to vary widely between $38K and $71K. Residence is the biggest factor affecting pay for this group, followed by experience level. For the most part, Associate Financial Planners enjoy their work and report high levels of job satisfaction. Male Associate Financial Planners are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 58 percent of the field. Although the larger part have medical coverage and just over two-fifths have dental coverage, over a third claim no health benefits at all.

$36,431 - $67,889
$36K
$49K
$68K
MEDIAN: $49,158
10%
50%
90%

Add this chart to your site: 640px    300px

$14.59 - $29.36
$15
$20
$29
MEDIAN: $20.25
10%
50%
90%

Add this chart to your site: 640px    300px

National Salary Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Salary
$36,431 - $67,889  
   
Bonus
$1,000 - $7,122  
Profit Sharing
$481.77 - $7,728  
Commission
$22,000  
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).
)
$37,767 - $70,792  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 169
National Hourly Rate Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$12$24$36
Hourly Rate
$14.59 - $29.36  
   
Overtime
$33.00  
National Annualized Data (?
XAll compensation data shown are gross 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$24K$48K$72K
Bonus
$1,000 - $7,122  
   
Commission
$22,000  
Profit Sharing
$481.77 - $7,728  
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).
)
$37,767 - $70,792  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 12

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Associate Financial Planner

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

Common Career Paths for Associate Financial Planner


Add this chart to your site:   640px 640px    300px 300px


Associate Financial Planners often transition into Certified Financial Planner positions, for which compensation tends to be much higher. On average, Certified Financial Planners earn $66K per year.

Associate Financial Planner Job Listings

Search for more jobs:

Popular Skills for Associate Financial Planner


Survey results show that Associate Financial Planners use a fair number of skills. Most notably, facility with Financial Reporting, Financial Advisor, and Client Interaction are correlated to pay that is significantly above average, leading to increases of 28 percent, 16 percent, and 3 percent, respectively. Skills that pay less than market rate include Microsoft Office, Customer Relationship Management, and Financial Applications. It is often found that people who know Financial Analysis are also skilled in Financial Applications.

Pay Difference by Location

National Average: $50,546

Larger city markers indicate a job is popular in that location.

For Associate Financial Planners, New York provides a pay rate that is 34 percent greater than the national average. Associate Financial Planners can also look forward to large paychecks in cities like Anchorage (+19 percent), Pittsburgh (+7 percent), Chicago (+4 percent), and Atlanta (+4 percent). Those in the field find the lowest salaries in Houston, 12 percent below the national average. Employers pay around 9 percent less in Alexandria and 7 percent less in Knoxville, below-median salaries for those in this field.

Related Job Salaries

Key Stats for Associate Financial Planner

Gender

Female
42 %
Male
58 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.
064
Less than 1 year
13%
1-4 years
64%
5-9 years
14%
10-19 years
8%
20 years or more
1%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Associate Financial Planner Salaries



National Average
$51,000


Skills That Affect Associate Financial Planner Salaries

Financial Reporting
up arrow 28%

Financial Advisor
up arrow 16%

Client Interaction
up arrow 3%



National Average
$51,000


Microsoft Word
up arrow 3%

Financial Applications
up arrow 4%


Customer Relationship Management (CRM)
up arrow 5%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
42 %
Male
58 %

Years of Experience

Less than 1 year
13%
1-4 years
64%
5-9 years
14%
10-19 years
8%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 44%
vision benefits
Vision: 34%
dental benefits
None: 35%
ADVERTISEMENT