Financial Adviser Salary

A Financial Adviser earns an average salary of $50,075 per year. People in this job generally don't have more than 20 years' experience. Experience has a moderate effect on pay for this job.

$25,602 - $114,882
(Median)
$26K
$50K
$110K
MEDIAN: $50,074
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$280K$560K$840K
Salary
$25,602 - $114,882  
   
Bonus
$0.00 - $24,468  
Commission
$-0.50 - $819,467  
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).
)
$31,217 - $144,081  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 79
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Job Description for Financial Adviser

Financial advisers manage money, assessing the finances of their clients and developing a strategy that will allow their clients to meet their current and/or future financial goals. These plans might be related to retirement, pensions, investments, and other goals. For financial advisers to be successful in the job, they need to have the ability to explain complex financial details to clients in a simple form. A financial adviser also must develop relationships with new and existing clients, discussing clients' needs and the various financial investment packages available.

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Financial Adviser Tasks

  • Follow-up with clients on plans, track successes, and inform about modifications.
  • Assist clients with estate management, tax returns, budgets, or other financial tasks.
  • Guide clients through financial self-analysis, including goal setting and advice to reach goals.

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Pay by Experience Level for Financial Adviser

Median of all compensation (including tips, bonus, and overtime) by years of experience.

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Experience Affects Financial Adviser Salaries

Late-Career
up arrow 310%

Experienced
up arrow 96%

Mid-Career
up arrow 3%

National Average
$59,000

Entry-Level
up arrow 12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 15 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
11%
1-4 years
46%
5-9 years
27%
10-19 years
8%
20 years or more
8%

Common Health Benefits

medical benefits Medical: 77% dental benefits Dental: 53%
vision benefits Vision: 42% employee benefits None: 23%
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