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Certified Financial Planner (CFP) Salary with Insurance skills

For Certified Financial Planners with Insurance skills, bonuses and commissions account for a significant portion of income and add up to 134 percent of their $79K yearly pay. Including potential for bonuses and profit sharing — peaking near $41K and $63K, respectively — total cash payment to Certified Financial Planners with Insurance skills can bottom out near $46K or peak near $211K depending on individual performance. Male Certified Financial Planners with Insurance skills are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Most enjoy medical while more than half get dental coverage. Vision coverage is also available to approximately half. For the most part, Certified Financial Planners with Insurance skills enjoy their work and report high levels of job satisfaction. This snapshot results from replies to PayScale's salary survey.
$40,406 - $129,751
(Median)
40K
52K
67K
96K
130K
MEDIAN: $66,793
10%
25%
50%
75%
90%

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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$80K$160K$240K
Salary
$40,406 - $129,751  
   
Bonus
$0.00 - $40,547  
Profit Sharing
$736 - $62,500  
Commission
$35,500 - $185,000  
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).
)
$46,052 - $210,811  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 67
United States (change)

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Pay by Experience Level for Certified Financial Planner (CFP) with Insurance skills

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


For many Certified Financial Planners with Insurance skills, more experience generally translates to higher pay. Certified Financial Planners with Insurance skills in the early stages of their careers take home approximately $58K on average. The average for people in the five-to-10 year group is only a little larger at $70K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $104K. Survey participants who have worked for more than two decades report bringing in $134K on average.

Experience Affects Certified Financial Planner (CFP) with Insurance skills Salaries

Late-Career
up arrow 70%

Experienced
up arrow 32%

National Average
$79,000

Mid-Career
up arrow 11%

Entry-Level
up arrow 26%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 9 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
1%
1-4 years
20%
5-9 years
26%
10-19 years
38%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 58%
vision benefits Vision: 50% employee benefits None: 16%