Mid-Career Financial Advisor Salary

A large fraction of take-home pay for Mid-Career Financial Advisors comes from commissions — about a third on average, in fact. The median overall income in this field is approximately $77K. In the world of Mid-Career Financial Advisors, overall income ranges from $44K near the bottom to $143K at the top; this can include more than $39K from bonuses and more than $21K from profit sharing in exceptional cases. The company and the particular city each impact pay for this group, with the former having the largest influence. Making up 71 percent of those who took the survey, male Mid-Career Financial Advisors greatly outnumber their female counterparts. Job satisfaction for Mid-Career Financial Advisors is high. Medical benefits are awarded to a fair number, and the greater part earn dental coverage. The data for this synopsis comes from respondents who took the PayScale salary survey.

$40,062 - $109,003
$40K
$65K
$110K
MEDIAN: $64,702
10%
50%
90%

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$12.17 - $34.06
$12
$18
$34
MEDIAN: $17.95
10%
50%
90%

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$0$142K
Salary $40,062 - $109,003
Bonus $2,011 - $39,213
Profit Sharing $1,454 - $20,608
Commission $4,069 - $110,449
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).
)
$43,736 - $142,963
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 606
Hourly Data $0$34
Hourly Rate $12.17 - $34.06
Overtime $27.05
Annual Data $0$142K
Bonus $2,011 - $39,213
Commission $4,069 - $110,449
Profit Sharing $1,454 - $20,608
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).
)
$43,736 - $142,963
  • Country: United States
  • Currency: USD
  • Updated: 25 Jul 2017
  • Individuals Reporting: 37

Find Out Exactly What You Should Be Paid

United States (change)

Financial Advisor Job Listings

Popular Employer Salaries for Financial Advisor


Mid-Career Financial Advisors fill the offices of leading firms Edward Jones, Merrill Lynch & Co Inc, Ameriprise Financial, Inc., Usaa Insurance, and TIAA-CREF. TIAA-CREF offers the largest salaries in town — $122K on average. Soaring salaries can also be found at Edward Jones, Merrill Lynch & Co Inc, and Usaa Insurance, where earnings of $90K, $82K, or $72K are standard for Mid-Career Financial Advisors.

Ameriprise Financial, Inc., J.P. Morgan Chase & Co. (JPMCC), and Usaa Insurance also scrape the bottom of the pay scale, with median earnings hovering around $69K, $69K, and $72K.

Pay Difference by Location

National Average: $77,467

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

Surpassing the national average by 29 percent, Mid-Career Financial Advisors in Chicago receive some of the highest pay in the country. Mid-Career Financial Advisors will also find cushy salaries in Atlanta (+27 percent), New York (+26 percent), Columbus (+23 percent), and Los Angeles (+21 percent). The lowest-paying market is Jacksonville, which sits 32 percent below the national average, proving that location is a significant contributor to overall pay. Employers pay around 20 percent less in Charlotte and 8 percent less in Seattle, below-median salaries for those in this field.

Key Stats for Financial Advisor

Gender

Female
29 %
Male
71 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.
5-9 years
77%
10-19 years
23%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Financial Advisor Salaries


Financial Modeling
▲17%

Insurance
▲14%

Portfolio Management
▲9%



Financial Analysis
▲4%

Sales
▲3%

Microsoft Excel
▲3%

Client Interaction
▲2%


National Average
$77,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 97 votes.

Gender

Female
29 %
Male
71 %

Common Health Benefits

medical benefits
Medical: 79%
dental benefits
Dental: 64%
vision benefits
Vision: 55%
no benefits
None: 18%
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