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Financial Consultant Salary

A Financial Consultant earns an average salary of $62,179 per year. A skill in Financial Modeling is associated with high pay for this job. 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.
$34,868 - $101,509
(Median)
35K
46K
62K
79K
100K
MEDIAN: $62,178
10%
25%
50%
75%
90%

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$12.07 - $101.65
(Median)
12
35
52
100
MEDIAN: $35.00
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
$34,868 - $101,509  
   
Bonus
$15.10 - $19,933  
Profit Sharing
$685 - $14,795  
Commission
$2,367 - $86,162  
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).
)
$35,933 - $128,051  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 595
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
$12.07 - $101.65  
   
Overtime
$18.24 - $87.80  
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
$15.10 - $19,933  
   
Commission
$2,367 - $86,162  
Profit Sharing
$685 - $14,795  
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).
)
$35,933 - $128,051  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 89
United States (change)

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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Popular Employer Salaries for Financial Consultant

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

Related Job Salaries

Experience Affects Financial Consultant Salaries




National Average
$69,000


Skills That Affect Financial Consultant Salaries

Financial Modeling
up arrow 25%





National Average
$69,000

Financial Advisor
up arrow 7%

up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 170 votes.

Gender

Female
38 %
Male
62 %

Years of Experience

Less than 1 year
4%
1-4 years
37%
5-9 years
26%
10-19 years
21%
20 years or more
12%

Common Health Benefits

medical benefits Medical: 84% dental benefits Dental: 75%
vision benefits Vision: 62% employee benefits None: 14%