A Financial Consultant earns an average salary of $60,462 per year. Most people move on to other jobs if they have more than 20 years' experience in this career. Experience strongly influences pay for this job.
Financial Consultant Total Pay (?
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.
)
$32,216 - $99,997
(Median)
32K
44K
60K
77K
100K
MEDIAN: $60,461
10%
25%
50%
75%
90%
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Financial Consultant Total Pay (?
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.
)
$11.45 - $98.63
(Median)
11
32
51
99
MEDIAN: $32.00
10%
50%
75%
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$50K$100K$150K
Salary
$32,216 - $99,997  
   
Bonus
$503 - $20,677  
Profit Sharing
$715 - $13,906  
Commission
$1,943 - $98,986  
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).
)
$33,513 - $125,553  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 760
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$33$66$99
Hourly Rate
$11.45 - $98.63  
   
Overtime
$17.74 - $85.91  
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$70K$140K$210K
Bonus
$503 - $20,677  
   
Commission
$1,943 - $98,986  
Profit Sharing
$715 - $13,906  
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).
)
$33,513 - $125,553  
PayScale
Country: United States | Currency: USD | Updated: 17 Apr 2014 | Individuals Reporting: 760
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Job Description for Financial Consultant
A financial consultant advises clients of an investment bank or financial services company on the best way to manage their money. They assesses customers' financial needs and work with them to build an investment portfolio that is comfortable for the client and builds wealth. To be successful, a financial consultant must build a client base; they need to identify prospective clients and cultivate relationships with them. Consultants may need to be creative in developing ways to attract new clients, although some larger companies clients may assign clients to consultants.
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Financial Consultant Tasks
  • Follow-up with clients on plans, track successes, and inform about modifications.
  • Assist clients with estate management, tax returns, budgets, or other financial tasks.
  • Guide clients through financial self-analysis, including goal setting and advice to reach goals.
Popular Skills for Financial Consultant
Pay by Experience Level for Financial Consultant
Median of all compensation (including tips, bonus, and overtime) by years of experience.
Pay Difference By Location
Indianapolis
up arrow 20%
Chicago
up arrow 15%
Washington
up arrow 12%
up arrow 11%
Charlotte
up arrow 9%
Denver
up arrow 9%
Los Angeles
up arrow 1%
National Average
$68,000
Dallas
up arrow 4%
San Antonio
up arrow 20%
Larger circles over a city indicate a job is popular in that location.
Related Job Salaries

Experience Affects Financial Consultant Salaries

National Average
$68,000

Skills That Affect Financial Consultant Salaries

National Average
$68,000
up arrow 8%
Job Satisfaction
Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 198 votes.
Gender
Female
36%
female alumni
 
Male
64%
male alumni
Years of Experience
Less than 1 year
4%
1-4 years
39%
5-9 years
25%
10-19 years
21%
20 years or more
11%
Common Health Benefits
medical benefits Medical: 82% dental benefits Dental: 74%
vision benefits Vision: 59% employee benefits None: 16%
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