Associate Financial Planner Salary

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 $47K. Cash earnings for Associate Financial Planners — including $8K in bonuses and $8K in profit sharing proceeds near the top of the pay scale — generally stretch from $34K to $70K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by tenure. Male Associate Financial Planners who responded to the survey are more common than women; more than half (63 percent) are men. Job satisfaction is reported as high by the vast majority of workers. While about one in four report receiving no health benefits, a strong majority do receive medical coverage, and one-half have dental, as well. Figures cited in this summary are based on replies to PayScale's salary questionnaire.

$32,626 - $65,888

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$10.67 - $21.77

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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
$32,626 - $65,888  
   
Bonus
$100.67 - $7,982  
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).
)
$33,875 - $69,508  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 205
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
$10.67 - $21.77  
   
Overtime
$11.19 - $30.95  
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
$100.67 - $7,982  
   
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).
)
$33,875 - $69,508  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 15
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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


Survey results imply that Associate Financial Planners put a diverse skill set to use. Most notably, skills in Financial Advisor, Microsoft Excel, Financial Applications, and Microsoft Office are correlated to pay that is above average. Those educated in Financial Applications tend to be well versed in Microsoft Office and Financial Analysis.

Pay Difference by Location


Surpassing the national average by 60 percent, Associate Financial Planners in New York receive some of the highest pay in the country. Associate Financial Planners will also find cushy salaries in Atlanta (+10 percent).

Related Job Salaries

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Experience Affects Associate Financial Planner Salaries


Experienced
up arrow 14%

National Average
$47,000


Skills That Affect Associate Financial Planner Salaries

Financial Advisor
up arrow 7%

Microsoft Excel
up arrow 3%

Financial Applications
up arrow 2%

Microsoft Office
0%

Financial Analysis
0%

Microsoft Word
0%

National Average
$47,000

Job Satisfaction

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

Gender

Female
37 %
Male
63 %

Years of Experience

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

Common Health Benefits

medical benefits Medical: 70% dental benefits Dental: 48%
vision benefits Vision: 34% employee benefits None: 26%
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