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Entry-Level Certified Financial Planner (CFP) Salary

An average Entry-Level Certified Financial Planner can expect to take home roughly $53K per year. With bonuses occasionally running north of $19K, profit sharing proceeds sometimes surpassing $10K, and a few commissions as high as $118K, total income for Entry-Level Certified Financial Planners can range between $38K and $87K according to individual performance. For the most part, Entry-Level Certified Financial Planners enjoy their work and report high levels of job satisfaction. Men make up the majority of Entry-Level Certified Financial Planners (63 percent) survey respondents. Although slightly less than a third lack health benefits of any kind, a fair number do enjoy medical insurance, and slightly less than one-half get dental coverage, too. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
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$35,320 - $79,874
(Median)
$35K
$53K
$80K
MEDIAN: $53,136
10%
50%
90%

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$13.95 - $39.73
(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$50K$100K$150K
Salary
$35,320 - $79,874  
   
Bonus
$98.63 - $19,408  
Profit Sharing
$979 - $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).
)
$37,819 - $86,985  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 347
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
$13.95 - $39.73  
   
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
$98.63 - $19,408  
   
Commission
$50.68 - $118,359  
Profit Sharing
$979 - $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).
)
$37,819 - $86,985  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 26

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

Investment Management
up arrow 6%

Insurance
up arrow 3%

Investment Planning
up arrow 1%

National Average
$57,000

Financial Advisor
up arrow 7%

Financial Analysis
up arrow 7%

Microsoft Excel
up arrow 8%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 58 votes.

Gender

Female
37 %
Male
63 %

Common Health Benefits

medical benefits Medical: 71% dental benefits Dental: 47%
vision benefits Vision: 31% employee benefits None: 28%
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