The average salary for a Financial Advisor is $57,677 per year. The skills that increase pay for this job the most are financial planning, Investment Management, Portfolio Management, Investment Planning, and Financial Reporting. People in this job generally don't have more than 20 years' experience. Experience strongly influences income for this job.

$30,960 - $123,639
(Median)
$31K
$58K
$120K
MEDIAN: $57,676
10%
50%
90%

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$11.22 - $30.47
(Median)
$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
$30,960 - $123,639  
   
Bonus
$1,184 - $39,250  
Profit Sharing
$519 - $23,826  
Commission
$5,038 - $195,565  
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).
)
$35,149 - $160,045  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 2,173
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
$11.22 - $30.47  
   
Hourly Tips
$3.33  
Overtime
$17.88 - $41.64  
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
$1,184 - $39,250  
   
Commission
$5,038 - $195,565  
Profit Sharing
$519 - $23,826  
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).
)
$35,149 - $160,045  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 164
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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: $63,012

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
$63,000


Skills That Affect Financial Advisor Salaries

financial planning
up arrow 48%




Financial Reporting
up arrow 11%



up arrow 7%


Financial Analysis
up arrow 2%

National Average
$63,000


Insurance
up arrow 8%


Customer Service
up arrow 33%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 279 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
12%
1-4 years
38%
5-9 years
21%
10-19 years
20%
20 years or more
9%

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 62%
medical benefits
Vision: 53%
dental benefits
None: 19%
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