Financial Advisor Salary

The average salary for a Financial Advisor is $55,827 per year. The skills that increase pay for this job the most are Portfolio Management, Investment Management, financial planning, Investment Planning, and Financial Advisor. People in this job generally don't have more than 20 years' experience. Experience strongly influences income for this job.

$30,118 - $145,955
(Median)
$30K
$56K
$150K
MEDIAN: $55,826
10%
50%
90%

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$10.63 - $31.15
(Median)
$11
$16
$31
MEDIAN: $15.00
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$80K$160K$240K
Salary
$30,118 - $145,955  
   
Bonus
$0.00 - $35,196  
Profit Sharing
$984 - $19,467  
Commission
$4,021 - $224,434  
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).
)
$34,543 - $195,289  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 2,975
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
$10.63 - $31.15  
   
Hourly Tips
$3.33  
Overtime
$8.21 - $38.54  
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
$0.00 - $35,196  
   
Commission
$4,021 - $224,434  
Profit Sharing
$984 - $19,467  
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).
)
$34,543 - $195,289  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 200
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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

  • 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.

Common Career Paths for Financial Advisor


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Financial Advisor Job Listings

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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: $64,045

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

Related Job Salaries

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Experience Affects Financial Advisor Salaries




National Average
$64,000


Skills That Affect Financial Advisor Salaries



financial planning
up arrow 20%




up arrow 5%

Customer Relationship Management (CRM)
0%

Financial Analysis
0%

National Average
$64,000

Insurance
up arrow 3%

Financial Modeling
up arrow 3%

Financial Reporting
up arrow 6%


Customer Service
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 450 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
12%
1-4 years
36%
5-9 years
22%
10-19 years
21%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 80%
dental benefits
Dental: 65%
medical benefits
Vision: 54%
dental benefits
None: 19%
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