Certified Financial Planner (CFP) with Investment Management Skills Salary

For Certified Financial Planners with Investment Management skills, bonuses and commissions account for a significant portion of income and add up to 111 percent of their $77K annual pay. Total cash compensation for Certified Financial Planners with Investment Management skills runs from $48K to $199K depending on bonuses that can occasionally exceed $40K and profit sharing that can reach almost $35K. While nearly one in four report receiving no health benefits, a strong majority do receive medical coverage, and close to one-half have dental, as well. Job satisfaction is high and work is enjoyable for most Certified Financial Planners with Investment Management skills. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$43,710 - $150,585
(Median)
$44K
$69K
$150K
MEDIAN: $69,127
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$90K$180K$270K
Salary
$43,710 - $150,585  
   
Bonus
$850 - $40,000  
Profit Sharing
$1,429 - $35,235  
Commission
$1,007 - $268,189  
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).
)
$48,065 - $199,140  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 181
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Pay by Experience Level for Certified Financial Planner (CFP)

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


Experience seems to be a major factor in determining the incomes of Certified Financial Planners with Investment Management skills. In this position, someone who has worked for fewer than five years can expect a median salary of $63K. The median for people with five to 10 years of experience is only a little bit higher at $78K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $108K. Seasoned veterans with 20 years under their belts enjoy a median income of $150K.

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Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
up arrow 95%

Experienced
up arrow 41%

Mid-Career
up arrow 2%

National Average
$77,000

Entry-Level
up arrow 18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
1%
1-4 years
28%
5-9 years
30%
10-19 years
28%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 73%
dental benefits
Dental: 49%
medical benefits
Vision: 39%
dental benefits
None: 26%
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