Certified Financial Planner (CFP) with Investment Planning Skills Salary

Total annual pay for Certified Financial Planners with Investment Planning skills is approximately $75K, and commissions account for a significant portion of this final number — about one in three on average. Final cash compensation to Certified Financial Planners with Investment Planning skills varies from around $49K to approximately $157K; choice pay grades include potential for bonuses and profit sharing as high as $25K and $20K, respectively. Career length is the biggest factor affecting pay for this group, followed by geography. Job satisfaction for Certified Financial Planners with Investment Planning skills is high. While roughly one in four report receiving no health benefits, a strong majority do receive medical coverage, and approximately one-half have dental, as well. Most Certified Financial Planners with Investment Planning skills survey respondents are men (73 percent). Respondents to the PayScale salary survey provided the data for this report.

$45,924 - $119,110
(Median)
$46K
$69K
$120K
MEDIAN: $68,926
10%
50%
90%

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$18.15 - $304.10
(Median)
$18
$26
$300
MEDIAN: $25.00
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
$45,924 - $119,110  
   
Bonus
$1,007 - $25,342  
Profit Sharing
$500 - $20,482  
Commission
$8,109 - $268,078  
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).
)
$48,962 - $156,699  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 272
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
$18.15 - $304.10  
   
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
$1,007 - $25,342  
   
Commission
$8,109 - $268,078  
Profit Sharing
$500 - $20,482  
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).
)
$48,962 - $156,699  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 10
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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 and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. 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 $76K. Professionals who claim 10 to 20 years of experience can secure some pretty cushy paychecks; the median for this group is a six-figure $107K. More than 20 years of experience mean a somewhat bigger median paycheck of $125K, but it's not much more than what less experienced people make.

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Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
up arrow 66%

Experienced
up arrow 42%

Mid-Career
up arrow 2%

National Average
$75,000

Entry-Level
up arrow 19%

Job Satisfaction

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

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
2%
1-4 years
32%
5-9 years
28%
10-19 years
26%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 51%
medical benefits
Vision: 39%
dental benefits
None: 27%
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