Certified Financial Planner (CFP) with Investment Planning Skills Salary

Commissions comprise a big part of overall income for Certified Financial Planners with Investment Planning skills. The median take-home amount in this area is around $75K, and on average, one in three of that final number comes from commissions. With some bonuses and profit sharing proceeds approaching $25K each, total incomes of Certified Financial Planners with Investment Planning skills generally range from $49K to $140K depending on individual performance. Experience level and the particular city each impact pay for this group, with the former having the largest influence. Slightly less than a third of professionals in this line of work do not receive benefits; however, more than half report medical coverage and about one-half claim dental coverage as well. More than half of Certified Financial Planners with Investment Planning skills (69 percent) survey respondents are men. Job satisfaction is reported as high by the vast majority of workers. The information for this snapshot was generated by responses to the PayScale salary survey.

$45,704 - $115,013
$46K
$68K
$120K
MEDIAN: $67,989
10%
50%
90%

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$18.28 - $303.04
$18
$25
$300
MEDIAN: $25.43
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$90K$180K$270K
Salary
$45,704 - $115,013  
   
Bonus
$981 - $24,508  
Profit Sharing
$496.65 - $25,168  
Commission
$8,109 - $256,445  
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).
)
$48,629 - $140,405  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 266
© PayScale, Inc. @ www.payscale.com
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$110$220$330
Hourly Rate
$18.28 - $303.04  
   
Overtime
$35.00  
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$220K$440K$660K
Bonus
$981 - $24,508  
   
Commission
$8,109 - $256,445  
Profit Sharing
$496.65 - $25,168  
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).
)
$48,629 - $140,405  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 11
© PayScale, Inc. @ www.payscale.com

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Pay by Experience Level for Certified Financial Planner (CFP)

Median of all compensation (including tips, bonus, and overtime) by years of experience.


Experience seems to be a major factor in determining the incomes of Certified Financial Planners with Investment Planning skills. The average inexperienced worker earns $61K, and someone who has worked for five to 10 years can expect a bigger median salary of $77K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $105K. Certified Financial Planners with Investment Planning skills who have stuck around for more than two decades see earnings that are only slightly higher than those of folks who have worked for 10 to 20 years; the more senior group makes around $116K on average.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.
Less than 1 year
2%
1-4 years
34%
5-9 years
28%
10-19 years
25%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
▲56%

Experienced
▲40%

Mid-Career
▲3%

National Average
$75,000

▼18%

Job Satisfaction

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

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
2%
1-4 years
34%
5-9 years
28%
10-19 years
25%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 49%
vision benefits
Vision: 36%
dental benefits
None: 31%
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