Entry-Level Certified Financial Planner (CFP) Salary

The average Entry-Level Certified Financial Planner can expect to rake in roughly $55K per year. Total cash compensation to Entry-Level Certified Financial Planners approaches anywhere from $38K on the lower end to $87K on the higher end; in exceptional cases, this can include more than $20K from bonuses and upwards of $10K from profit sharing. Most people who answered the questionnaire are men; 66 percent of Entry-Level Certified Financial Planners are male. While close to one-fourth report receiving no health benefits, a fair number do receive medical coverage, and about one-half have dental, as well. Work is enjoyable for Entry-Level Certified Financial Planners, who typically claim high levels of job satisfaction. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
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$35,676 - $79,911
(Median)
$36K
$55K
$80K
MEDIAN: $54,639
10%
50%
90%

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$13.82 - $39.87
(Median)
$14
$21
$40
MEDIAN: $20
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$30K$60K$90K
Salary
$35,676 - $79,911  
   
Bonus
$0.00 - $19,562  
Profit Sharing
$587 - $10,356  
Commission
$223.82 - $45,201  
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).
)
$38,004 - $87,355  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 336
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$21$42$63
Hourly Rate
$13.82 - $39.87  
   
Overtime
$31.95 - $61.04  
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
$0.00 - $19,562  
   
Commission
$223.82 - $45,201  
Profit Sharing
$587 - $10,356  
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).
)
$38,004 - $87,355  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 25
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Skills That Affect Entry-Level Certified Financial Planner (CFP) Salaries

Investment Management
up arrow 5%

Insurance
up arrow 2%

Investment Planning
0%

National Average
$58,000

Financial Advisor
up arrow 6%

Microsoft Excel
up arrow 6%

Financial Analysis
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
34 %
Male
66 %

Common Health Benefits

medical benefits Medical: 73% dental benefits Dental: 50%
vision benefits Vision: 31% employee benefits None: 26%
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