Entry-Level Financial Consultant Salary

The average Entry-Level Financial Consultant can expect to rake in roughly $57K per year. Cash earnings of Entry-Level Financial Consultants can occasionally include $15K each in bonuses and profit sharing proceeds; this strong performance component causes pay grades to stretch from approximately $33K to almost $92K. The particular firm and the particular city each impact pay for this group, with the former having the largest influence. Male Entry-Level Financial Consultants are more prevalent than women among those who took the survey — 69 percent of professionals. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Most Entry-Level Financial Consultants like their work and job satisfaction is high. Participants in PayScale's salary questionnaire provided the particulars of this report.
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$37,998 - $82,372
$38K
$57K
$82K
MEDIAN: $56,843
10%
50%
90%

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$11.84 - $28.72
$12
$18
$29
MEDIAN: $18.41
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
$37,998 - $82,372  
   
Bonus
$596 - $14,860  
Profit Sharing
$682 - $15,205  
Commission
$10,500  
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).
)
$33,407 - $91,596  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 272
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
$11.84 - $28.72  
   
Overtime
$26.25 - $44.07  
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
$596 - $14,860  
   
Commission
$10,500  
Profit Sharing
$682 - $15,205  
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).
)
$33,407 - $91,596  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 40

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Popular Employer Salaries for Financial Consultant


Humana, Inc., TIAA-CREF, EY (Ernst & Young), The PNC Financial Services Group, Inc., and Charles Schwab & Co., Inc. are leaders in the field that employ a large number of Entry-Level Financial Consultants. EY (Ernst & Young) leads the field in terms of pay, with a median salary of $77K.

Pay Difference by Location

National Average: $58,957

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

Surpassing the national average by 34 percent, Entry-Level Financial Consultants in Charlotte receive some of the highest pay in the country. Entry-Level Financial Consultants will also find cushy salaries in Minneapolis (+32 percent), New York (+27 percent), Chicago (+26 percent), and Dallas (+14 percent). Entry-Level Financial Consultants in St. Louis report much lower salaries than the rest of the country — 32 percent below the national average — proving that residence is a major factor in overall pay.

Key Stats for Financial Consultant

Gender

Female
31 %
Male
69 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.
Less than 1 year
12%
1-4 years
72%
5-9 years
16%
Location:
Years in Fields/Career:
United States (change)

Skills That Affect Financial Consultant Salaries

Financial Modeling
▲23%

▲17%

Financial Reporting
▲8%



Financial Advisor
▼0%

National Average
$59,000

Sales
▼14%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 45 votes.

Gender

Female
31 %
Male
69 %

Common Health Benefits

medical benefits
Medical: 82%
dental benefits
Dental: 73%
vision benefits
Vision: 60%
no benefits
None: 17%