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Certified Financial Planner (CFP) Salary with Investment Planning skills

For Certified Financial Planners with Investment Planning skills, bonuses and commissions account for a significant portion of income and add up to more than double of their $78K yearly pay. Final cash compensation to Certified Financial Planners with Investment Planning skills varies from around $47K to approximately $192K; choice pay grades include potential for bonuses and profit sharing as high as $31K and $35K, respectively. Geographic location and tenure each impact pay for this group, with the former having the largest influence. Most Certified Financial Planners with Investment Planning skills report high levels of job satisfaction. Although a fair number have medical coverage and a majority have dental coverage, roughly a fourth claim no health benefits at all. Male Certified Financial Planners with Investment Planning skills are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. The numbers in this rundown were provided by PayScale's salary survey participants.

$41,861 - $135,204
(Median)
$42K
$69K
$140K
MEDIAN: $69,340
10%
50%
90%

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$18.00 - $300.00
(Median)
$18
$27
$300
MEDIAN: $27.00
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$140K$280K$420K
Salary
$41,861 - $135,204  
   
Bonus
$983 - $30,767  
Profit Sharing
$1,429 - $35,235  
Commission
$-0.50 - $408,187  
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).
)
$46,597 - $192,241  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 227
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$100$200$300
Hourly Rate
$18.00 - $300.00  
   
Overtime
$15.98 - $60.00  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$200K$400K$600K
Bonus
$983 - $30,767  
   
Commission
$-0.50 - $408,187  
Profit Sharing
$1,429 - $35,235  
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).
)
$46,597 - $192,241  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 14
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Pay by Experience Level for Certified Financial Planner (CFP) with Investment Planning skills

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 earn around $58K, and folks with five to 10 years of experience see a modestly higher median of $77K. Between one and two decades on the job, average salaries pass the six-figure mark at around $106K. Certified Financial Planners with Investment Planning skills who have acquired more than 20 years of relevant experience earn significantly more than folks with fewer years on their resumes; the average income in this veteran group is $144K.

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Experience Affects Certified Financial Planner (CFP) with Investment Planning skills Salaries

Late-Career
up arrow 85%

Experienced
up arrow 37%

National Average
$78,000

Mid-Career
up arrow 1%

Entry-Level
up arrow 25%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 53 votes.

Gender

Female
30 %
Male
70 %

Years of Experience

Less than 1 year
1%
1-4 years
22%
5-9 years
35%
10-19 years
28%
20 years or more
13%

Common Health Benefits

medical benefits Medical: 75% dental benefits Dental: 56%
vision benefits Vision: 41% employee benefits None: 25%
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