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Mid-Career Financial Advisor Salary

Commissions constitute a big slice (half on average) of overall compensation for Mid-Career Financial Advisors, and the median take-home for this group lies near $78K. In the world of Mid-Career Financial Advisors, total cash compensation can vary between $41K and $153K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $30K and $15K, respectively. Geography is the biggest factor affecting pay for this group, followed by the specific employer. Most Mid-Career Financial Advisors survey respondents are men (79 percent). Most report receiving medical coverage from their employers and more than half collect dental insurance. Job satisfaction for Mid-Career Financial Advisors is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$31,549 - $118,268
(Median)
$32K
$63K
$120K
MEDIAN: $62,785
10%
50%
90%

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$10.21 - $48.94
(Median)
$10
$18
$49
MEDIAN: $18.00
10%
50%
90%

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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$60K$120K$180K
Salary
$31,549 - $118,268  
   
Bonus
$0.00 - $30,215  
Profit Sharing
$1,167 - $14,899  
Commission
$4,102 - $153,275  
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).
)
$41,378 - $152,707  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 714
National Hourly Rate 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$30$60$90
Hourly Rate
$10.21 - $48.94  
   
Overtime
$22.30 - $45.17  
National Annualized 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$60K$120K$180K
Bonus
$0.00 - $30,215  
   
Commission
$4,102 - $153,275  
Profit Sharing
$1,167 - $14,899  
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).
)
$41,378 - $152,707  
Country: United States | Currency: USD | Updated: 2 May 2015 | Individuals Reporting: 30

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Pay Difference by Location


For Mid-Career Financial Advisors, working in the bustling city of New York has its advantages, including an above-average pay rate. Mid-Career Financial Advisors can also look forward to large paychecks in cities like Dallas (+34 percent), St. Louis (+24 percent), Los Angeles (+21 percent), and Atlanta (+15 percent). Compared to the national average, Phoenix Mid-Career Financial Advisors have considerably lower salaries, 28 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

United States (change)

Skills That Affect Mid-Career Financial Advisor Salaries

Portfolio Management
up arrow 17%


Investment Management
up arrow 8%

Sales
up arrow 8%

Investment Planning
up arrow 4%

Financial Analysis
up arrow 2%

National Average
$78,000

Customer Relationship Management (CRM)
up arrow 7%

Microsoft Excel
up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 134 votes.

Gender

Female
21 %
Male
79 %

Common Health Benefits

medical benefits Medical: 82% dental benefits Dental: 69%
vision benefits Vision: 55% employee benefits None: 16%
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