Commissions form a big slice (just below two-thirds) of total compensation for Financial Advisors with Investment Planning skills. The median income in this area hovers around $73K. Final cash compensation to Financial Advisors with Investment Planning skills varies from around $41K to approximately $189K; choice pay grades include potential for bonuses and profit sharing as high as $39K and $28K, respectively. The most influential factor affecting pay for this group is experience level, though the company and geographic location have a (lesser) impact as well. A large number enjoy medical while a majority get dental coverage. Vision coverage is also available to more than half. Men account for the majority of Financial Advisors with Investment Planning skills who responded to the questionnaire — 81 percent to be exact. Most Financial Advisors with Investment Planning skills like their work and job satisfaction is high. This snapshot results from replies to PayScale's salary survey.

$34,005 - $127,926
(Median)
$34K
$60K
$130K
MEDIAN: $59,845
10%
50%
90%

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$10.21 - $97.87
(Median)
$10
$15
$98
MEDIAN: $14.00
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
$34,005 - $127,926  
   
Bonus
$2,029 - $39,082  
Profit Sharing
$1,021 - $27,500  
Commission
$6,128 - $195,743  
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).
)
$40,842 - $188,916  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 527
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
$10.21 - $97.87  
   
Overtime
$36.73  
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
$2,029 - $39,082  
   
Commission
$6,128 - $195,743  
Profit Sharing
$1,021 - $27,500  
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).
)
$40,842 - $188,916  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 12
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Popular Employer Salaries for Financial Advisor


Financial Advisors with Investment Planning skills fill the offices of leading firms Merrill Lynch & Co Inc, Edward Jones, Ameriprise Financial, Inc., Morgan Stanley, and Wells Fargo & Co. Those at J.P. Morgan Chase & Co. (JPMCC) can expect to make the most, with the company offering a median salary of $106K. Other big spenders include Wells Fargo & Co., Ameriprise Financial, Inc., and Morgan Stanley, top-paying firms where Financial Advisors with Investment Planning skills see paychecks nearing $99K, $74K, or $72K.

Other low-paying employers include AXA Advisors LLC at $56K and Edward Jones at $64K, though some Financial Advisors with Investment Planning skills there earn up to $230K.

Pay by Experience Level for Financial Advisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Financial Advisors with Investment Planning skills, more experience generally translates to higher pay. Although individuals who have less than five years' experience earn $59K on average, people with five to 10 years benefit from a notably larger average of $81K. Experienced professionals — those with 10 to 20 years in the field — see salaries in the six-figure territory, securing around $111K on average. People who have worked for more than 20 years report a median income of $144K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Financial Advisor Salaries

Late-Career
up arrow 98%

Experienced
up arrow 53%

Mid-Career
up arrow 12%

National Average
$73,000


Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 85 votes.

Gender

Female
19 %
Male
81 %

Years of Experience

Less than 1 year
6%
1-4 years
36%
5-9 years
25%
10-19 years
21%
20 years or more
13%

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 67%
medical benefits
Vision: 58%
dental benefits
None: 17%
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