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Financial Consultant Salary

A Financial Consultant earns an average salary of $64,133 per year. The skills that increase pay for this job the most are Financial Modeling and Investment Management. Most people with this job move on to other positions after 20 years in this field. Experience has a moderate effect on income for this job.
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$35,781 - $105,704
(Median)
$36K
$64K
$110K
MEDIAN: $64,133
10%
50%
90%

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$14.39 - $102.48
(Median)
$14
$35
$100
MEDIAN: $34.00
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$50K$100K$150K
Salary
$35,781 - $105,704  
   
Bonus
$4.70 - $19,526  
Profit Sharing
$679 - $12,164  
Commission
$2,400 - $97,591  
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).
)
$37,832 - $129,141  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 605
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$50$100$150
Hourly Rate
$14.39 - $102.48  
   
Overtime
$18.37 - $83.02  
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$100K$200K$300K
Bonus
$4.70 - $19,526  
   
Commission
$2,400 - $97,591  
Profit Sharing
$679 - $12,164  
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).
)
$37,832 - $129,141  
Country: United States | Currency: USD | Updated: 16 May 2015 | Individuals Reporting: 88
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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.

Common Career Paths for Financial Consultant


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Pay by Experience Level for Financial Consultant

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

Pay Difference by Location

Related Job Salaries

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Experience Affects Financial Consultant Salaries




National Average
$71,000


Skills That Affect Financial Consultant Salaries

Financial Modeling
up arrow 42%

Investment Management
up arrow 26%



Financial Advisor
up arrow 7%

Data Analysis
up arrow 4%

Microsoft Excel
up arrow 2%

National Average
$71,000

up arrow 13%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 145 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
4%
1-4 years
36%
5-9 years
27%
10-19 years
21%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 85% dental benefits Dental: 75%
vision benefits Vision: 64% employee benefits None: 14%
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