Browse Categories

Financial Planner Salary

Financial Planners in the United States can expect to earn an average of $59K per year. Bonuses, profit sharing, and commission all factor into final incomes for Financial Planners. Ranging between $36K near the bottom and $115K near the top, total earnings can include up to $20K from bonuses and up to $15K from profit sharing, with a high-performing minority reaping commissions of $91K. While the particular city and the individual firm impact pay for this group, career duration is the most influential factor. Just over one in five of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and slightly more than half claim dental coverage as well. The majority of workers are highly satisfied with their job. Most people who answered the questionnaire are men; 63 percent of Financial Planners are male. The data for this synopsis comes from respondents who took the PayScale salary survey.
Read More
$35,227 - $99,124
(Median)
$35K
$59K
$99K
MEDIAN: $58,668
10%
50%
90%

Add this chart to your site: 640px    300px

$14.38 - $35.48
(Median)
$14
$20
$35
MEDIAN: $20
10%
50%
90%

Add this chart to your site: 640px    300px

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
$35,227 - $99,124  
   
Bonus
$102.13 - $20,343  
Profit Sharing
$740 - $15,118  
Commission
$0.00 - $90,604  
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).
)
$35,715 - $114,974  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 625
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$25$50$75
Hourly Rate
$14.38 - $35.48  
   
Overtime
$13.28 - $44.30  
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$50K$100K$150K
Bonus
$102.13 - $20,343  
   
Commission
$0.00 - $90,604  
Profit Sharing
$740 - $15,118  
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).
)
$35,715 - $114,974  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 60
United States (change)

Job Description for Financial Planner

A financial planner is an individual who works for a bank or investment company that advises individuals on how to make most of their money by suggesting; in some situations, the planner makes investments and financial decisions for customers. This position requires strong analytical skills and an outgoing personality, as a financial institution expects its financial planners to effectively help and retain clients over a long period of time. The financial planner may also set up investment seminars to help build new business and educate clients.

Read More...

Financial Planner 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.

Financial Advisor Job Listings

Search for more jobs:

Popular Employer Salaries for Financial Planner


Ameriprise Financial, Inc. is infamous for dishing out the smallest paychecks in the area (the median in that office is $61K), but the company pay scale is greatly mixed, meaning that workers on the low end may earn only $40K while workers on the upper end may rake in $150K.

Popular Skills for Financial Planner


Survey takers who work as Financial Planners usually report a few specific skills. Most notably, facility with Tax Consulting, Investment Planning, and Investment Management are correlated to pay that is significantly above average, leading to increases of 33 percent, 21 percent, and 20 percent, respectively. It is often found that people who know Financial Advisor are also skilled in Financial Analysis.

Pay by Experience Level for Financial Planner

Median of all compensation (including tips, bonus, and overtime) by years of experience.


The average beginner in this position makes around $51K, but folks who have been around for five to 10 years see a markedly higher median salary of $72K. Financial Planners bring in $94K after working for 10 to 20 years. Financial Planners who have racked up more than two decades of experience report lower incomes overall; the average sum for this crowd comes out to only $89K.

Pay Difference by Location


Financial Planners will find that San Francisco offers an impressive pay rate, one which exceeds the national average by 38 percent. Financial Planners will also find cushy salaries in Philadelphia (+25 percent), Chicago (+23 percent), Seattle (+21 percent), and Phoenix (+17 percent). Falling short of the national average by 20 percent, the area with the worst salaries is Richmond.

Related Job Salaries

Experience Affects Financial Planner Salaries




National Average
$62,000


Skills That Affect Financial Planner Salaries

Tax Consulting
up arrow 33%


Investment Management
up arrow 20%


National Average
$62,000

Financial Analysis
up arrow 2%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 128 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
9%
1-4 years
39%
5-9 years
25%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 76% dental benefits Dental: 55%
vision benefits Vision: 40% employee benefits None: 22%