Financial Consultant Salary

A Financial Consultant earns an average salary of $64,905 per year. The skills that increase pay for this job the most are Investment Management, Financial Modeling, Forecasting, Project Management, and Financial Reporting. Most people with this job move on to other positions after 20 years in this field.
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$40,079 - $106,992
$40K
$65K
$110K
MEDIAN: $64,905
10%
50%
90%

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$12.37 - $60.40
$12
$21
$60
MEDIAN: $21.48
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$50K$100K$150K
Salary
$40,079 - $106,992  
   
Bonus
$1,016 - $19,866  
Profit Sharing
$705 - $16,341  
Commission
$2,909 - $62,188  
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).
)
$36,916 - $121,252  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 476
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$26$52$78
Hourly Rate
$12.37 - $60.40  
   
Overtime
$26.32 - $77.67  
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$60K$120K$180K
Bonus
$1,016 - $19,866  
   
Commission
$2,909 - $62,188  
Profit Sharing
$705 - $16,341  
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).
)
$36,916 - $121,252  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 62

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United States (change)

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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

  • Guide clients through financial self-analysis, including goal setting and advice to reach goals.
  • Assist clients with estate management, tax returns, budgets, or other financial tasks.
  • Follow-up with clients on plans, track successes, and inform about modifications.

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

National Average: $69,470

Larger city markers indicate a job is popular in that location.

Related Job Salaries

Key Stats for Financial Consultant

Gender

Female
39 %
Male
61 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.
Less than 1 year
7%
1-4 years
44%
5-9 years
25%
10-19 years
16%
20 years or more
8%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Consultant Salaries

▲46%

▲40%

▲22%

National Average
$69,000

▼15%

Skills That Affect Financial Consultant Salaries

Investment Management
▲28%


Forecasting
▲19%

Project Management
▲18%




Budget Management
▲6%

Microsoft Excel
▼0%

National Average
$69,000


Investment Planning
▼13%

▼21%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 75 votes.

Gender

Female
39 %
Male
61 %

Years of Experience

Less than 1 year
7%
1-4 years
44%
5-9 years
25%
10-19 years
16%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 77%
vision benefits
Vision: 66%
dental benefits
None: 13%
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