Entry-Level Certified Financial Planner (CFP) Salary

Entry-Level Certified Financial Planners take home an average $54K annually. Including potential for bonuses and profit sharing — peaking near $19K and $10K, respectively — total cash payment to Entry-Level Certified Financial Planners can bottom out near $38K or peak near $86K depending on individual performance. Most Entry-Level Certified Financial Planners report high levels of job satisfaction. Unfortunately, some people in this line of work are without benefits — about a fourth lack coverage. On the flip side, a strong majority have medical insurance and one-half receive dental plans. There are more male Entry-Level Certified Financial Planners than female among those who completed the questionnaire, making up 66 percent. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$35,853 - $79,151

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$13.95 - $39.73

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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$29K$58K$87K
Salary
$35,853 - $79,151  
   
Bonus
$0.00 - $19,302  
Profit Sharing
$582 - $10,419  
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).
)
$38,400 - $86,146  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 336
National Hourly Rate 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$21$42$63
Hourly Rate
$13.95 - $39.73  
   
Overtime
$31.95 - $61.04  
National Annualized 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$50K$100K$150K
Bonus
$0.00 - $19,302  
   
Commission
$223.82 - $45,201  
Profit Sharing
$582 - $10,419  
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).
)
$38,400 - $86,146  
Country: United States | Currency: USD | Updated: 18 Jul 2015 | Individuals Reporting: 26
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Skills That Affect Entry-Level Certified Financial Planner (CFP) Salaries

Investment Management
up arrow 4%

Insurance
up arrow 3%

Investment Planning
0%

National Average
$58,000

Financial Advisor
up arrow 6%

Microsoft Excel
up arrow 6%

Financial Analysis
up arrow 7%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.

Gender

Female
34 %
Male
66 %

Common Health Benefits

medical benefits Medical: 72% dental benefits Dental: 49%
vision benefits Vision: 31% employee benefits None: 27%
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