Average Certified Financial Planners with Insurance skills make around $72K per year. Cash earnings of Certified Financial Planners with Insurance skills can occasionally include $31K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $50K to almost $181K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Certified Financial Planners with Insurance skills who participated in the survey are largely men, dominating at 67 percent. For the most part, Certified Financial Planners with Insurance skills enjoy their work and report high levels of job satisfaction. Some workers in this field — close to a fourth — are not awarded benefits. Medical coverage is reported by a fair number and dental plans are enjoyed by slightly less than one-half. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$45,861 - $147,353
(Median)
$46K
$72K
$150K
MEDIAN: $72,460
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$70K$140K$210K
Salary
$45,861 - $147,353  
   
Bonus
$0.00 - $30,913  
Profit Sharing
$993 - $30,201  
Commission
$20,000  
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).
)
$50,351 - $181,069  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 115
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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.


Certified Financial Planners with Insurance skills with a rich background of experience are typically rewarded with larger paychecks. During the first five years of their careers, Certified Financial Planners with Insurance skills see a median income of $64K. Survey respondents with five to 10 years of experience report an only modestly higher median of $83K. Between 10 and 20 years, pay surpasses six figures; at this stage, the average professional scores around $113K. Survey participants who have worked for more than two decades report bringing in $150K on average.

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Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
up arrow 83%

Experienced
up arrow 38%

Mid-Career
up arrow 1%

National Average
$82,000

Entry-Level
up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 16 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
3%
1-4 years
26%
5-9 years
24%
10-19 years
33%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 75%
dental benefits
Dental: 47%
medical benefits
Vision: 39%
dental benefits
None: 24%
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