Entry-Level Certified Financial Planner (CFP) Salary

The average Entry-Level Certified Financial Planner earns approximately $55K annually. In the world of Entry-Level Certified Financial Planners, total cash compensation can vary between $40K and $94K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $20K and $10K, respectively. The majority of workers are highly satisfied with their job. Men make up the majority of Entry-Level Certified Financial Planners (65 percent) survey respondents. Not all workers are lucky enough to have benefits; in fact, close to one-fourth are without coverage. Medical insurance is claimed by a strong majority and dental insurance is reported by one-half. Respondents to the PayScale salary survey provided the data for this report.
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$38,646 - $82,408
(Median)
$39K
$55K
$82K
MEDIAN: $55,141
10%
50%
90%

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$10.17 - $31.11
(Median)
$10
$21
$31
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$50K$100K$150K
Salary
$38,646 - $82,408  
   
Bonus
$97.87 - $19,693  
Profit Sharing
$974 - $10,246  
Commission
$75.00 - $110,000  
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).
)
$39,560 - $94,024  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 380
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$50$100$150
Hourly Rate
$10.17 - $31.11  
   
Overtime
$27.89 - $119.20  
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$100K$200K$300K
Bonus
$97.87 - $19,693  
   
Commission
$75.00 - $110,000  
Profit Sharing
$974 - $10,246  
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).
)
$39,560 - $94,024  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 29
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Certified Financial Planner (CFP) Advice

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.

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Skills That Affect Certified Financial Planner (CFP) Salaries

Investment Management
up arrow 7%

Insurance
up arrow 3%

National Average
$59,000

Investment Planning
up arrow 2%

Financial Advisor
up arrow 4%

Financial Analysis
up arrow 6%

Microsoft Excel
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 28 votes.

Gender

Female
35 %
Male
65 %

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 51%
medical benefits
Vision: 35%
dental benefits
None: 25%
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