Certified Financial Planner (CFP) with Investment Planning Skills Salary

On average, commissions constitute a fair portion (over a third) of final income for Certified Financial Planners with Investment Planning skills. That final number averages out to $75K across the industry. Total cash compensation to Certified Financial Planners with Investment Planning skills bottoms out near $48K and approaches $127K on the high end; the biggest paychecks include approximately $23K from bonuses and almost $20K from profit sharing. Experience level is the biggest factor affecting pay for this group, followed by geography. While slightly less than a third report receiving no health benefits, more than half do receive medical coverage, and about one-half have dental, as well. Male Certified Financial Planners with Investment Planning skills who responded to the survey are more common than women; more than half (65 percent) are men. The majority of Certified Financial Planners with Investment Planning skills claim high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$44,986 - $113,387
$45K
$68K
$110K
MEDIAN: $67,915
10%
50%
90%

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$19.85 - $38.00
$25
MEDIAN: $24.57
50%

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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$50K$100K$150K
Salary
$44,986 - $113,387  
   
Bonus
$985 - $23,489  
Profit Sharing
$515 - $20,386  
Commission
$27,000  
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).
)
$48,378 - $127,122  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 268
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$25$50$75
Hourly Rate
$24.57  
   
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$50K$100K$150K
Bonus
$985 - $23,489  
   
Commission
$27,000  
Profit Sharing
$515 - $20,386  
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).
)
$48,378 - $127,122  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 9

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Pay by Experience Level for Certified Financial Planner (CFP)

Pay by Experience for a Certified Financial Planner (CFP) has a positive trend. An entry-level Certified Financial Planner (CFP) with less than 5 years of experience can expect to earn an average total compensation of $61,000 based on 125 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Certified Financial Planner (CFP) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $77,000 based on 103 salaries. An experienced Certified Financial Planner (CFP) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $105,000 based on 84 salaries. A Certified Financial Planner (CFP) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $116,000 based on 29 salaries.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
27%
10-19 years
26%
20 years or more
9%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
▲56%

Experienced
▲41%

Mid-Career
▲3%

National Average
$75,000

▼18%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
27%
10-19 years
26%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 68%
dental benefits
Dental: 49%
vision benefits
Vision: 35%
no benefits
None: 29%
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