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Financial Advisor Salary

Change Country United States » Job » Financial Advisor Overview » Financial Advisor Salary
Updated: 12 Jun 2013
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Rated 5 out of 5 based on 252 Financial Advisor votes.
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Financial Advisor 2013 Total Pay (?
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.
)
$30,481 - $148,206
(Median)
0
30K
59K
92K
150K
MEDIAN: $59,377
10%
50%
75%
90%

Financial Advisor Job Listings

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national salary data
National Salary Data

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$50K$100K$150K
Salary$27,189 - $113,548  
   
Bonus$0.00 - $29,390  
Profit Sharing$881 - $12,566  
Commission$0.00 - $145,673  
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).
)
$30,481 - $148,206  
PayScale
Country: United States | Currency: USD | Updated: 12 Jun 2013 | Individuals Reporting: 1,219

Job Description for Financial Advisor

A financial advisor is in direct contact with clients and helps them determine the best strategies for investments and retirement goals. It is the advisor's responsibility to identify new prospects, as well as to maintain the current list of clients. A person in this position will interview clients to gather financial information such as income, assets, and debt. The advisor will recommend detailed financial plans including but not limited to savings, investments, paying off debts, and retirement. An advisor has typical business hours during the week but might require evening or weekend work depending on clients’ schedules. Financial advisors will have experience in the field or a related field, and will hold a degree in finance from an accredited university, though related degrees such as accounting are usually acceptable with sufficient experience. Knowledge of office equipment such as computers, fax machines, telephones, and calculators is required. As the advisor must cultivate an excellent working relationship with clients to earn their trust, good social skills and confidence are expected as well as the ability to understand what each client expects and what financial risks each client is willing to take. Strong written and oral communication skills are also important. Once hired, the advisor will be expected to maintain a professional demeanor with coworkers and clients in all methods of communication.
Financial Advisor Tasks
  • Recommend and sell financial plans and products that will help meet financial goals.
  • Prospect and maintain clientele.
  • Interview clients and gather information to determine strategies for financial investments.
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company salaries
Companies and Industries for Financial Advisor Salaries

Popular Employers

Salary Range

Popular Industries

Salary Range

Financial Services$29,177 - $94,714
Financial Planning$28,137 - $100,415
Investment Services$29,077 - $97,356
Banking$28,001 - $86,769
Investment Banking$30,047 - $94,609

key statistics
Key Statistics for Financial Advisor Salaries and Jobs

Female
27%
female alumni
 
Male
73%
male alumni
Salary:$35,074 - $61,589 $36,522 - $72,967
Years of Experience
Less than 1 year
13%
1-4 years
41%
5-9 years
21%
10-19 years
18%
20 years or more
7%
Most Common Health Benefits
medical benefits Medical: 80% dental benefits Dental: 65%
vision benefits Vision: 50% employee benefits None: 18%

alumni reports
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career path
Career Path for Financial Advisor Jobs

Common Past Jobs
Common Future Jobs

Financial Advisor

Salary Range

$30,481 - $148,206
payscale
Sales Associate
$15,605 - $55,583
Customer Service Representative (CSR)
$19,540 - $41,604
Personal Banker
$24,984 - $48,540
 
Common Future Jobs

Financial Advisor

Salary Range

$30,481 - $148,206
payscale
Personal Financial Advisor
$29,070 - $138,565
Certified Financial Planner (CFP)
$40,119 - $129,019
Investment Advisor
$35,283 - $182,590
 

career path
Salary Map for Financial Advisor Jobs

Highest Salaries By City for Financial Advisor Jobs

Top Cities by Popularity for Financial Advisor Jobs

Highest Salaries By City Top Cities by Popularity

average job salaries
More Charts for Financial Advisor Jobs

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