Certified Financial Planner (CFP) with Investment Planning Skills Salary

A substantial slice of final earnings for Certified Financial Planners with Investment Planning skills (one in three) arrives through commissions. Median overall income in this area is approximately $75K. Overall cash earnings for Certified Financial Planners with Investment Planning skills stretch from $49K on the lower end to $153K near the top, and the heftiest packages can encompass around $25K from bonuses and $21K from profit sharing. Geography and tenure each impact pay for this group, with the former having the largest influence. For the most part, Certified Financial Planners with Investment Planning skills enjoy their work and report high levels of job satisfaction. While some workers in this profession — just under one in three — do not have any health coverage, a majority do receive medical benefits and around half have dental insurance. The figures in this overview were provided by individuals who took PayScale's salary questionnaire.

$46,347 - $117,120
$46K
$69K
$120K
MEDIAN: $68,550
10%
50%
90%

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$18.41 - $302.01
$18
$26
$300
MEDIAN: $25.53
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
$46,347 - $117,120  
   
Bonus
$986 - $25,112  
Profit Sharing
$500 - $20,558  
Commission
$8,170 - $266,990  
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).
)
$48,889 - $152,673  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 273
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
$18.41 - $302.01  
   
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
$986 - $25,112  
   
Commission
$8,170 - $266,990  
Profit Sharing
$500 - $20,558  
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).
)
$48,889 - $152,673  
Country: United States | Currency: USD | Updated: 19 Jan 2017 | Individuals Reporting: 12

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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.


For many Certified Financial Planners with Investment Planning skills, more experience generally translates to higher pay. People who have worked for fewer than five years bring home $61K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $78K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $104K on average. More than 20 years of experience mean a somewhat bigger median paycheck of $118K, but it's not much more than what less experienced people make.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 42 votes.
032
Less than 1 year
2%
1-4 years
33%
5-9 years
28%
10-19 years
25%
20 years or more
11%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
up arrow 57%

Experienced
up arrow 38%

Mid-Career
up arrow 3%

National Average
$75,000

Entry-Level
up arrow 19%

Job Satisfaction

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

Gender

Female
31 %
Male
69 %

Years of Experience

Less than 1 year
2%
1-4 years
33%
5-9 years
28%
10-19 years
25%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 50%
vision benefits
Vision: 38%
dental benefits
None: 29%
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