Entry-Level Associate Financial Planner Salary

A large fraction of take-home pay for Entry-Level Associate Financial Planners comes from commissions — just over two-fifths on average, in fact. The median overall income in this field is approximately $50K. In the world of Entry-Level 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 $37K and $69K. Although over a third lack health benefits of any kind, the greater part do enjoy medical insurance, and just over two-fifths get dental coverage, too. For the most part, Entry-Level Associate Financial Planners enjoy their work and report high levels of job satisfaction. Male Entry-Level Associate Financial Planners are more prevalent than women among those who took the survey — 65 percent of professionals. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$36,375 - $64,369
$36K
$48K
$64K
MEDIAN: $48,268
10%
50%
90%

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$13.99 - $29.80
$14
$20
$30
MEDIAN: $19.71
10%
50%
90%

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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$23K$46K$69K
Salary
$36,375 - $64,369  
   
Bonus
$1,015 - $6,605  
Profit Sharing
$507 - $8,137  
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).
)
$37,152 - $68,747  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 137
© PayScale, Inc. @ www.payscale.com
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$13$26$39
Hourly Rate
$13.99 - $29.80  
   
Overtime
$39.00  
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$26K$52K$78K
Bonus
$1,015 - $6,605  
   
Commission
$22,000  
Profit Sharing
$507 - $8,137  
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).
)
$37,152 - $68,747  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 10
© PayScale, Inc. @ www.payscale.com

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Pay Difference by Location

National Average: $49,697

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

New York is home to an above-average pay rate for Entry-Level Associate Financial Planners, 29 percent higher than the national average. Falling short of the national average by 11 percent, the area with the worst salaries is Houston.

Key Stats for Associate Financial Planner

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.
Less than 1 year
14%
1-4 years
79%
5-9 years
7%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Associate Financial Planner Salaries

Financial Advisor
▲21%

Client Interaction
▲12%

Financial Analysis
▲2%

Investment Planning
▲2%

National Average
$50,000

Financial Applications
▼5%

Microsoft Excel
▼7%

Microsoft Office
▼10%

Microsoft Word
▼10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 21 votes.

Gender

Female
35 %
Male
65 %

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 42%
vision benefits
Vision: 35%
dental benefits
None: 35%
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