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Certified Financial Planner (CFP) Salary with Insurance skills

A big portion of take-home pay for Certified Financial Planners with Insurance skills — two in five, in fact — arrives through commissions. This profession's median overall income is approximately $86K. In the world of Certified Financial Planners with Insurance skills, overall income ranges from $47K near the bottom to $203K at the top; this can include more than $40K from bonuses and more than $51K from profit sharing in exceptional cases. The majority of Certified Financial Planners with Insurance skills claim high levels of job satisfaction. Not all workers are lucky enough to have benefits; in fact, about a fifth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by approximately one-half. Generally, women make up less than a third of all Certified Financial Planners with Insurance skills who answered the questionnnaire.

$44,596 - $147,562
(Median)
$45K
$78K
$150K
MEDIAN: $77,676
10%
50%
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$70K$140K$210K
Salary
$44,596 - $147,562  
   
Bonus
$0.00 - $40,000  
Profit Sharing
$740 - $50,684  
Commission
$10,056 - $117,916  
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).
)
$47,215 - $202,735  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 85

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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.


Experience seems to be a major factor in determining the incomes of Certified Financial Planners with Insurance skills. The average inexperienced worker earns $59K, and someone who has worked for five to 10 years can expect a bigger median salary of $75K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $107K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $125K.

United States (change)

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

Late-Career
up arrow 46%

Experienced
up arrow 25%

National Average
$86,000

Mid-Career
up arrow 12%

Entry-Level
up arrow 31%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 10 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
2%
1-4 years
18%
5-9 years
26%
10-19 years
38%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 51%
vision benefits Vision: 45% employee benefits None: 21%
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