Certified Financial Planner (CFP) Salary (United States)

The average pay for a Certified Financial Planner (CFP) is $61,055 per year. Experience strongly influences income for this job. The highest paying skills associated with this job are Insurance, Investment Management, and Investment Planning. People in this job generally don't have more than 20 years' experience.
Certified Financial Planner (CFP) Salary (?
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.
)
$39,267 - $109,512
(Median)
39K
49K
61K
82K
110K
MEDIAN: $61,055
10%
25%
50%
75%
90%
Add this chart to your site: 640px    300px
Certified Financial Planner (CFP) Salary (?
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.
)
$14.67 - $152.60
(Median)
15
40
150
MEDIAN: $24.00
10%
75%
90%
Add this chart to your site: 640px    300px

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$90K$180K$270K
Salary
$39,267 - $109,512  
   
Bonus
$250.00 - $25,129  
Profit Sharing
$1,178 - $25,537  
Commission
$0.00 - $257,605  
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).
)
$41,465 - $139,085  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 760
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$60$120$180
Hourly Rate
$14.67 - $152.60  
   
Overtime
$0.21 - $117.45  
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$120K$240K$360K
Bonus
$250.00 - $25,129  
   
Commission
$0.00 - $257,605  
Profit Sharing
$1,178 - $25,537  
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).
)
$41,465 - $139,085  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 39
Is Certified Financial Planner (CFP) your job title? Get a personalized salary report!
Location:
Years in Field/Career:
Location:
Years in Field/Career:
United States (change)

Job Description for Certified Financial Planner (CFP)

A Certified Financial Planner is expected to create and develop client relationships through telephone conversations, email, and person-to-person meetings. A financial planner's responsibility is to assess the financial needs and goals of each client, and to develop and implement a financial plan that fulfills those needs and goals. Responsibilities include plan development, selecting and selling of appropriate financial services, and monitoring and adapting plans as needs and financial conditions change. Cross-selling of financial services with other financial experts may be required. A designation of certified financial planner is required, as well as strong listening, communication, organizational, and interpersonal skills. Planners must be able to communicate effectively both in person and over the phone. Excellent knowledge of financial markets, products, and services is a must. Expect to attend workshops and seminars to stay on top of the most recent products and policies. The ability to multitask and work well in groups is also a necessity. It is also required that planners have the ability to understand and work with computer applications such as Microsoft Office and other financial programs. Financial planners should have a background in banking and understand law and accounting practices. Honesty and integrity are a must, as well as a motivated personality, and the ability to adapt your time to your clients' needs. Planners should expect some travel to both client locations and product knowledge seminars, as well as being able to work with other professionals in the industry that can help you satisfy your clients needs. A planner must have the ability to put the client needs above all else.
Certified Financial Planner (CFP) Tasks
  • Document and revise financial plans for clients.
  • Create agendas, spreadsheets, and meeting materials to discuss investments, savings, and asset allocation.
  • Interview individuals or businesses to identify financial goals, concerns, and opportunities.

Certified Financial Planner Job Listings

Search for more jobs:
job title / company
location

Popular Skills for Certified Financial Planner (CFP)

Pay by Experience Level for Certified Financial Planner (CFP)

Median of all compensation (including tips, bonus, and overtime) by years of experience.

Pay Difference By Location

Washington
up arrow 67%
Boston
up arrow 62%
Denver
up arrow 18%
Cincinnati
up arrow 17%
New York
up arrow 12%
San Diego
up arrow 9%
Dallas
up arrow 9%
Phoenix
up arrow 7%
Los Angeles
up arrow 1%
National Average
$68,000
Omaha
up arrow 2%
Atlanta
up arrow 12%
Charlotte
up arrow 12%
Chicago
up arrow 24%
Larger circles over a city indicate a job is popular in that location.

Related Job Salaries

Find Out Exactly What You Should Be Paid
Job Title:
Years in Field/Career:
Location:
United States (change)
- OR -

Experience Affects Certified Financial Planner (CFP) Salaries

National Average
$68,000

Skills That Affect Certified Financial Planner (CFP) Salaries

up arrow 13%
Financial Analysis
up arrow 1%
National Average
$68,000
Microsoft Excel
up arrow 10%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 196 votes.

Gender

Female
36%
female alumni
 
Male
64%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
32%
5-9 years
30%
10-19 years
25%
20 years or more
10%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 51%
vision benefits Vision: 34% employee benefits None: 23%