In a profession for which the median take-home is approximately $60K, just under one in three of overall earnings for Entry-Level Certified Financial Planners arrives through commissions. Overall cash earnings for Entry-Level Certified Financial Planners stretch from $40K on the lower end to $91K near the top, and the heftiest packages can encompass around $16K from bonuses and $9K from profit sharing. Most people who answered the questionnaire are men; 68 percent of Entry-Level Certified Financial Planners are male. Health benefits are not enjoyed by everyone in this line of work, and about one in four lack any coverage at all. Medical benefits are reported by a fair number and dental coverage is claimed by more than two-fifths. Job satisfaction for Entry-Level Certified Financial Planners is high. This report is based on answers to PayScale's salary questionnaire.
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$39,738 - $83,539
$40K
$58K
$84K
MEDIAN: $57,883
10%
50%
90%

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$11.74 - $32.56
$12
$21
$33
MEDIAN: $20
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$31K$62K$93K
Salary
$39,738 - $83,539  
   
Bonus
$1,014 - $15,630  
Profit Sharing
$989 - $9,250  
Commission
$99.67 - $33,935  
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).
)
$39,970 - $91,013  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 392
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$16$32$48
Hourly Rate
$11.74 - $32.56  
   
Overtime
$30.88  
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$32K$64K$96K
Bonus
$1,014 - $15,630  
   
Commission
$99.67 - $33,935  
Profit Sharing
$989 - $9,250  
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).
)
$39,970 - $91,013  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 26

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Pay Difference by Location

National Average: $60,230

Larger city markers indicate a job is popular in that location.

With a pay rate for Entry-Level Certified Financial Planners that is 49 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Entry-Level Certified Financial Planners will also find cushy salaries in Atlanta (+22 percent), Dallas (+20 percent), San Diego (+17 percent), and Los Angeles (+15 percent). Compared to the national average, Chicago Entry-Level Certified Financial Planners have considerably lower salaries, 20 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

Certified Financial Planner (CFP) Advice

Q: What do you wish you knew about your job when you first started out?

Certified Financial Planner (CFP) in Cary:
"You have to care to be successful. Caring takes extra work."
Really understand the industry and communicate with clients at all times in an ethical and timely way.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.
Less than 1 year
10%
1-4 years
69%
5-9 years
22%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Certified Financial Planner (CFP) Salaries

Financial Modeling
up arrow 16%

Insurance
up arrow 7%

Investment Management
up arrow 6%

Financial Analysis
up arrow 6%


Investment Planning
up arrow 1%

National Average
$60,000

Microsoft Excel
up arrow 1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 37 votes.

Gender

Female
32 %
Male
68 %

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 44%
vision benefits
Vision: 32%
dental benefits
None: 27%
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