Certified Financial Planner (CFP) with Investment Planning Skills Salary

The median total income of Certified Financial Planners with Investment Planning skills is around $77K, and for the average worker in this area, a good chunk of that (just under one-half, in fact) comes from commissions. In the world of Certified Financial Planners with Investment Planning skills, overall income ranges from $46K near the bottom to $173K at the top; this can include more than $26K from bonuses and more than $31K from profit sharing in exceptional cases. Experience level is the biggest factor affecting pay for this group, followed by geography. Men account for the majority of Certified Financial Planners with Investment Planning skills who responded to the questionnaire — 68 percent to be exact. Health benefits are not enjoyed by everyone in this line of work, and nearly one in four lack any coverage at all. Medical benefits are reported by a strong majority and dental coverage is claimed by over one-half. Job satisfaction for Certified Financial Planners with Investment Planning skills is high. The information for this snapshot was generated by responses to the PayScale salary survey.

$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.


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. The average beginner in this position makes around $57K, but folks who have been around for five to 10 years see a markedly higher median salary of $77K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $101K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income 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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