Certified Financial Planner (CFP) Salary with Insurance skills

Annual compensation for Certified Financial Planners with Insurance skills is typically heavily supplemented by bonuses and commissions and totals around $84K (including $80K from bonuses and commissions). In the world of Certified Financial Planners with Insurance skills, overall cash allowance can occasionally include more than $41K from bonuses and, in some exceptional cases, $51K from profit sharing, causing incomes to vary widely between $47K and $212K. Most Certified Financial Planners with Insurance skills report high levels of job satisfaction. Health benefits are not enjoyed by everyone in this line of work, and one-fifth lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by slightly more than half. Most Certified Financial Planners with Insurance skills survey respondents are men (77 percent). This report is based on answers to PayScale's salary questionnaire.

$44,275 - $145,856
(Median)
$44K
$76K
$150K
MEDIAN: $76,013
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$90K$180K$270K
Salary
$44,275 - $145,856  
   
Bonus
$0.00 - $41,022  
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).
)
$46,739 - $212,368  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 92
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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. The average inexperienced worker's salary is approximately $59K, and people with five to 10 years of experience bring in more at around $74K on average. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $109K. Folks who have racked up more than 20 years in the field report incomes that aren't that much higher than less experienced individuals' earnings; the veterans make just $134K on average.

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

Late-Career
up arrow 59%

Experienced
up arrow 29%

National Average
$84,000

Mid-Career
up arrow 13%

Entry-Level
up arrow 30%

Job Satisfaction

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

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
2%
1-4 years
18%
5-9 years
27%
10-19 years
38%
20 years or more
15%

Common Health Benefits

medical benefits Medical: 79% dental benefits Dental: 52%
vision benefits Vision: 45% employee benefits None: 21%
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