Certified Financial Planner (CFP) with Investment Planning Skills Salary

In a profession for which the median take-home is approximately $77K, a little less than one-half of overall earnings for Certified Financial Planners with Investment Planning skills arrives through commissions. In the world of Certified Financial Planners with Investment Planning skills, total cash compensation can vary between $46K and $173K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $26K and $31K, respectively. Career length and the particular city each impact pay for this group, with the former having the largest influence. Not all workers are lucky enough to have benefits; in fact, nearly one in four are without coverage. Medical insurance is claimed by a fair number and dental insurance is reported by more than half. For the most part, Certified Financial Planners with Investment Planning skills enjoy their work and report high levels of job satisfaction. Male Certified Financial Planners with Investment Planning skills are more prevalent than women among those who took the survey — 68 percent of professionals. The numbers in this rundown were provided by PayScale's salary survey participants.

$41,648 - $132,023
(Median)
$42K
$69K
$130K
MEDIAN: $68,971
10%
50%
90%

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$18.15 - $293.61
(Median)
$18
$25
$290
MEDIAN: $24.00
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$140K$280K$420K
Salary
$41,648 - $132,023  
   
Bonus
$985 - $25,887  
Profit Sharing
$1,010 - $30,767  
Commission
$-0.50 - $407,258  
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).
)
$45,883 - $172,664  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 302
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$100$200$300
Hourly Rate
$18.15 - $293.61  
   
Overtime
$-0.50 - $60.82  
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$200K$400K$600K
Bonus
$985 - $25,887  
   
Commission
$-0.50 - $407,258  
Profit Sharing
$1,010 - $30,767  
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).
)
$45,883 - $172,664  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 20
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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.


Certified Financial Planners with Investment Planning skills with a lot of experience tend to enjoy higher earnings. Relatively untried employees who have less than five years' experience make $57K, but folks with five to 10 years under their belts enjoy an appreciably larger median of $77K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $101K. Individuals who report more than two decades of experience seem to make only slightly more than folks in the 10-to-20 year range; the more senior group sees median earnings in the comparatively modest ballpark of $132K.

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Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
up arrow 72%

Experienced
up arrow 32%

Mid-Career
up arrow 1%

National Average
$77,000

Entry-Level
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 63 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
2%
1-4 years
24%
5-9 years
33%
10-19 years
30%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 74%
dental benefits
Dental: 55%
medical benefits
Vision: 41%
dental benefits
None: 26%
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