Entry-Level Financial Planner Salary

Entry-Level Financial Planners take home approximately $51K per year on average. With bonuses occasionally running north of $15K, profit sharing proceeds sometimes surpassing $8K, and a few commissions as high as $39K, total income for Entry-Level Financial Planners can range between $36K and $86K according to individual performance. Although roughly one in four lack health benefits of any kind, a fair number do enjoy medical insurance, and over one-half get dental coverage, too. Entry-Level Financial Planners who participated in the survey are largely men, dominating at 65 percent. Job satisfaction is high and work is enjoyable for most Entry-Level Financial Planners. This report is based on responses to the PayScale salary survey.

$35,719 - $75,222
$36K
$51K
$75K
MEDIAN: $51,497
10%
50%
90%

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$10.94 - $34.11
$11
$19
$34
MEDIAN: $19.42
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$29K$58K$87K
Salary
$35,719 - $75,222  
   
Bonus
$990 - $14,980  
Profit Sharing
$974 - $7,919  
Commission
$511 - $39,149  
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).
)
$35,872 - $85,676  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 346
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$15$30$45
Hourly Rate
$10.94 - $34.11  
   
Overtime
$1.53 - $41.22  
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$30K$60K$90K
Bonus
$990 - $14,980  
   
Commission
$511 - $39,149  
Profit Sharing
$974 - $7,919  
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).
)
$35,872 - $85,676  
Country: United States | Currency: USD | Updated: 4 May 2017 | Individuals Reporting: 31

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Pay Difference by Location

National Average: $54,343

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

Minneapolis is home to an above-average pay rate for Entry-Level Financial Planners, 42 percent higher than the national average. Entry-Level Financial Planners will also find cushy salaries in Charlotte (+36 percent), New York (+20 percent), Denver (+18 percent), and Indianapolis (+10 percent). In Lubbock, salaries are 18 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Dallas and Atlanta (8 percent lower and 2 percent lower, respectively).

Key Stats for Financial Planner

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.
Less than 1 year
17%
1-4 years
68%
5-9 years
15%
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Location:
Years in Fields/Career:
United States (change)

Skills That Affect Financial Planner Salaries

Insurance
▲29%

Strategic Planning
▲10%


Investment Planning
▲2%

Investment Management
▲1%

National Average
$54,000

Financial Analysis
▼1%

Microsoft Excel
▼1%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 47 votes.

Gender

Female
35 %
Male
65 %

Common Health Benefits

medical benefits
Medical: 73%
dental benefits
Dental: 52%
vision benefits
Vision: 41%
no benefits
None: 27%
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