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 close to 100 percent of their $83K yearly pay. Total cash compensation to Certified Financial Planners with Insurance skills bottoms out near $47K and approaches $210K on the high end; the biggest paychecks include approximately $41K from bonuses and almost $51K from profit sharing. 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. Medical benefits are awarded to a strong majority, and close to one-half earn dental coverage. Most workers in this position report high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.

$44,698 - $144,682

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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
$44,698 - $144,682  
   
Bonus
$0.00 - $40,851  
Profit Sharing
$740 - $50,684  
Commission
$9,787 - $259,127  
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).
)
$47,444 - $210,457  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 96
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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.


Certified Financial Planners with Insurance skills with a rich background of experience are typically rewarded with larger paychecks. At career start (within the first five years), average income sits near $59K, and the average for folks who have worked for five to 10 years is only slightly higher at $71K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $105K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $134K.

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

Late-Career
up arrow 62%

Experienced
up arrow 28%

National Average
$83,000

Mid-Career
up arrow 14%

Entry-Level
up arrow 28%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
2%
1-4 years
17%
5-9 years
27%
10-19 years
40%
20 years or more
14%

Common Health Benefits

medical benefits Medical: 80% dental benefits Dental: 51%
vision benefits Vision: 44% employee benefits None: 20%
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