Financial Consultant Salary (United States)

A Financial Consultant earns an average salary of $61,525 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 strongly influences income for this job.
Financial Consultant Salary (?
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.
)
$34,190 - $104,246
(Median)
34K
45K
62K
78K
100K
MEDIAN: $61,525
10%
25%
50%
75%
90%
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Financial Consultant Salary (?
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.
)
$12.05 - $98.63
(Median)
12
35
51
99
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
$34,190 - $104,246  
   
Bonus
$302.01 - $19,887  
Profit Sharing
$705 - $14,899  
Commission
$2,061 - $97,444  
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).
)
$35,591 - $128,872  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | Individuals Reporting: 608
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
$12.05 - $98.63  
   
Overtime
$18.77 - $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$70K$140K$210K
Bonus
$302.01 - $19,887  
   
Commission
$2,061 - $97,444  
Profit Sharing
$705 - $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).
)
$35,591 - $128,872  
Country: United States | Currency: USD | Updated: 3 Sep 2014 | 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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Financial Consultant Job Listings

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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

Oakland
up arrow 50%
San Francisco
up arrow 31%
Minneapolis
up arrow 23%
Washington
up arrow 16%
Chicago
up arrow 14%
up arrow 12%
Charlotte
up arrow 8%
National Average
$68,000
Hartford
up arrow 1%
Denver
up arrow 2%
Los Angeles
up arrow 3%
Dallas
up arrow 7%
Louisville
up arrow 15%
San Antonio
up arrow 20%
Larger circles over a city indicate a job is popular in that location.

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Experience Affects Financial Consultant Salaries

National Average
$68,000

Skills That Affect Financial Consultant Salaries

Financial Modeling
up arrow 26%
National Average
$68,000
up arrow 11%
Financial Advisor
up arrow 25%

Job Satisfaction

Extremely satisfied Image
Extremely satisfied
Rated 5 out of 5 based on 187 votes.

Gender

Female
38%
female alumni
 
Male
62%
male alumni

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
25%
10-19 years
21%
20 years or more
11%

Common Health Benefits

medical benefits Medical: 83% dental benefits Dental: 74%
vision benefits Vision: 61% employee benefits None: 15%