Certified Financial Planner (CFP) with Investment Management Skills Salary

A big portion of take-home pay for Certified Financial Planners with Investment Management skills — about one in three, in fact — arrives through commissions. This profession's median overall income is approximately $76K. Total cash earnings of Certified Financial Planners with Investment Management skills range from $48K on the low end to $163K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $25K and $27K, respectively. Experience level is the biggest factor affecting pay for this group, followed by geography. Making up 70 percent of those who took the survey, male Certified Financial Planners with Investment Management skills greatly outnumber their female counterparts. Health benefits are not claimed by all — around one in three lack any form of coverage — but more than half have medical insurance, and just over two-fifths have dental, too. Most Certified Financial Planners with Investment Management skills like their work and job satisfaction is high. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.
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$43,984 - $140,811
$44K
$68K
$140K
MEDIAN: $67,838
10%
50%
90%

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$17.88 - $303.04
$18
$26
$300
MEDIAN: $25.60
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$60K$120K$180K
Salary
$43,984 - $140,811  
   
Bonus
$990 - $25,000  
Profit Sharing
$1,468 - $26,819  
Commission
$1,007 - $144,028  
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).
)
$47,866 - $163,446  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 207
© 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$110$220$330
Hourly Rate
$17.88 - $303.04  
   
Overtime
$36.36  
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$220K$440K$660K
Bonus
$990 - $25,000  
   
Commission
$1,007 - $144,028  
Profit Sharing
$1,468 - $26,819  
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).
)
$47,866 - $163,446  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 11
© PayScale, Inc. @ www.payscale.com

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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.


For many Certified Financial Planners with Investment Management skills, more experience generally translates to higher pay. 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. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $106K on average. Seasoned veterans with 20 years under their belts enjoy a median income of $147K.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
30 %
Male
70 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.
Less than 1 year
1%
1-4 years
33%
5-9 years
28%
10-19 years
28%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
▲93%

Experienced
▲39%

Mid-Career
▲3%

National Average
$76,000

Entry-Level
▼17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 46 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
1-4 years
33%
5-9 years
28%
10-19 years
28%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 64%
dental benefits
Dental: 43%
vision benefits
Vision: 35%
dental benefits
None: 33%
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