The average salary for a Financial Advisor is $57,392 per year. The skills that increase pay for this job the most are financial planning, Investment Management, Portfolio Management, Investment Planning, and Insurance. People in this job generally don't have more than 20 years' experience. Experience strongly influences income for this job.

$31,253 - $123,666
$31K
$57K
$120K
MEDIAN: $57,391
10%
50%
90%

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$11.24 - $30.43
$11
$17
$30
MEDIAN: $17.00
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$70K$140K$210K
Salary
$31,253 - $123,666  
   
Bonus
$1,381 - $36,882  
Profit Sharing
$515 - $24,445  
Commission
$5,131 - $193,246  
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).
)
$35,159 - $156,329  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 2,243
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$50$100$150
Hourly Rate
$11.24 - $30.43  
   
Hourly Tips
$3.33  
Overtime
$16.34 - $39.50  
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$100K$200K$300K
Bonus
$1,381 - $36,882  
   
Commission
$5,131 - $193,246  
Profit Sharing
$515 - $24,445  
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).
)
$35,159 - $156,329  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 175

Find Out Exactly What You Should Be Paid

United States (change)

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Job Description for Financial Advisor

Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Generally, they work with individuals or institutional clients to assess their financial needs and help them achieve financial goals, such as choosing investments (money market, real estate investments, stocks and bonds), and they also explain tax laws relevant to certain investments and help with insurance decisions.

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Financial Advisor Tasks

  • Interview clients and gather information to determine strategies for financial investments.
  • Prospect and maintain clientele.
  • Recommend and sell financial plans and products that will help meet financial goals.

Common Career Paths for Financial Advisor


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Popular Employer Salaries for Financial Advisor

Popular Skills for Financial Advisor

Pay by Experience Level for Financial Advisor

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

Pay Difference by Location

National Average: $62,716

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Financial Advisor

Gender

Female
27 %
Male
73 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 299 votes.
Less than 1 year
12%
1-4 years
39%
5-9 years
20%
10-19 years
19%
20 years or more
10%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Advisor Salaries




National Average
$63,000


Skills That Affect Financial Advisor Salaries

financial planning
up arrow 49%




up arrow 12%

Financial Reporting
up arrow 11%


up arrow 7%





National Average
$63,000


Retirement Plan Administration
up arrow 18%

Customer Service
up arrow 19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 299 votes.

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
12%
1-4 years
39%
5-9 years
20%
10-19 years
19%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 62%
vision benefits
Vision: 53%
dental benefits
None: 20%
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