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Entry-Level Certified Financial Planner (CFP) Salary

Median pay for Entry-Level Certified Financial Planners is around $53K annually. Total cash earnings of Entry-Level Certified Financial Planners range from $38K on the low end to $86K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $19K and $10K, respectively. Unfortunately, some people in this line of work are without benefits — one in four lack coverage. On the flip side, a strong majority have medical insurance and half receive dental plans. The majority of workers are highly satisfied with their job. There are more male Entry-Level Certified Financial Planners than female among those who completed the questionnaire, making up 64 percent. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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$35,197 - $79,190
(Median)
$35K
$53K
$79K
MEDIAN: $52,519
10%
50%
90%

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$14.44 - $40.00
(Median)
$14
$21
$40
MEDIAN: $21.00
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$50K$100K$150K
Salary
$35,197 - $79,190  
   
Bonus
$98.63 - $19,408  
Profit Sharing
$608 - $10,262  
Commission
$50.68 - $118,359  
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).
)
$38,289 - $86,044  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 345
National Hourly Rate 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$25$50$75
Hourly Rate
$14.44 - $40.00  
   
Overtime
$32.16 - $60.50  
National Annualized 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$50K$100K$150K
Bonus
$98.63 - $19,408  
   
Commission
$50.68 - $118,359  
Profit Sharing
$608 - $10,262  
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).
)
$38,289 - $86,044  
Country: United States | Currency: USD | Updated: 1 Apr 2015 | Individuals Reporting: 24

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Skills That Affect Entry-Level Certified Financial Planner (CFP) Salaries

Investment Management
up arrow 8%

Insurance
up arrow 4%

Investment Planning
up arrow 1%

National Average
$57,000

Financial Analysis
up arrow 5%

Financial Advisor
up arrow 6%

Microsoft Excel
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 62 votes.

Gender

Female
36 %
Male
64 %

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 48%
vision benefits Vision: 31% employee benefits None: 27%