Median pay for Entry-Level Financial Consultants lies in the neighborhood of $57K annually. Including potential for bonuses and profit sharing, each hitting highs of $15K, total cash payment to Entry-Level Financial Consultants can bottom out at $34K or peak near $93K. The company is the biggest factor affecting pay for this group, followed by geography. Work is enjoyable for Entry-Level Financial Consultants, who typically claim high levels of job satisfaction. Men account for the majority of Entry-Level Financial Consultants who responded to the questionnaire — 69 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. This snapshot results from replies to PayScale's salary survey.
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$35,455 - $82,997
(Median)
$35K
$57K
$83K
MEDIAN: $56,960
10%
50%
90%

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$11.74 - $28.88
(Median)
$12
$18
$29
MEDIAN: $18.00
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$31K$62K$93K
Salary
$35,455 - $82,997  
   
Bonus
$618 - $15,315  
Profit Sharing
$690 - $14,899  
Commission
$15,250  
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).
)
$33,915 - $92,809  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 274
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$16$32$48
Hourly Rate
$11.74 - $28.88  
   
Overtime
$26.10 - $44.02  
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$32K$64K$96K
Bonus
$618 - $15,315  
   
Commission
$15,250  
Profit Sharing
$690 - $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).
)
$33,915 - $92,809  
Country: United States | Currency: USD | Updated: 28 Oct 2016 | Individuals Reporting: 38

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Popular Employer Salaries for Financial Consultant


Entry-Level Financial Consultants flock to EY (Ernst & Young), The PNC Financial Services Group, Inc., Humana, Inc., TIAA-CREF, and Charles Schwab & Co., Inc., highly regarded companies that employ a generous number of people in this profession. EY (Ernst & Young) pays the most with a median salary of $77K, though with a large amount of variation, going from a low of $59K to a high of $112K.

The PNC Financial Services Group, Inc. employees cannot expect much in terms of compensation — the median salary amounts to only $28K, 177 percent less than the top paying company.

Pay Difference by Location

National Average: $59,144

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

With a pay rate for Entry-Level Financial Consultants that is 30 percent greater than the national average, New York offers a comfortable salary for those in this profession. Entry-Level Financial Consultants can also look forward to large paychecks in cities like Chicago (+30 percent), Charlotte (+15 percent), Dallas (+13 percent), and Austin (+5 percent). The lowest-paying market is St. Louis, which sits 21 percent below the national average, proving that location is a significant contributor to overall pay. Not at the bottom but still paying below the median are employers in San Francisco and Washington (6 percent lower and 3 percent lower, respectively).

Location:
Years in Fields/Career:
United States (change)

Skills That Affect Financial Consultant Salaries

Financial Modeling
up arrow 23%

Data Analysis
up arrow 11%

Financial Reporting
up arrow 6%

Microsoft Excel
up arrow 1%

Financial Analysis
0%

National Average
$59,000

Financial Advisor
up arrow 3%

Sales
up arrow 16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
31 %
Male
69 %

Common Health Benefits

medical benefits
Medical: 85%
dental benefits
Dental: 76%
medical benefits
Vision: 64%
dental benefits
None: 14%
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