For Financial Planning Analysts, yearly average wages total $61K annually. Total incomes of Financial Planning Analysts incorporate potential for, in a few cases, more than $10K from bonuses and close to $3K from profit sharing; these performance components cause packages to range between $45K and $86K. Geographic location is the main element affecting pay for this group — the specific employer and tenure are driving factors as well. Job satisfaction is reported as high by the vast majority of workers. Men account for the majority of Financial Planning Analysts who responded to the questionnaire — 67 percent to be exact. Most report receiving medical coverage from their employers and a strong majority collect dental insurance. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$44,902 - $81,718
$45K
$61K
$82K
MEDIAN: $60,837
10%
50%
90%

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$14.85 - $49.32
$15
$22
$49
MEDIAN: $21.99
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
$44,902 - $81,718  
   
Bonus
$0.00 - $9,725  
Profit Sharing
$9.70 - $3,275  
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).
)
$44,929 - $86,218  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 255
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$17$34$51
Hourly Rate
$14.85 - $49.32  
   
Overtime
$35.00  
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$50K$100K$150K
Bonus
$0.00 - $9,725  
   
Profit Sharing
$9.70 - $3,275  
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).
)
$44,929 - $86,218  
Country: United States | Currency: USD | Updated: 18 Jan 2017 | Individuals Reporting: 11

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United States (change)

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Job Description for Financial Planning Analyst

The people who study potential areas for investment (such as technology, utilities, real estate, and many others) and attempt to forecast how strong those markets will be going forward are financial planning analysts. Financial planning analysts look at industry data from the market sector to which they are assigned and attempt to forecast trends. They also look at any legislation, regulations, or court cases that might affect their respective field of analysis. The analyst also looks at the economy in general and attempts to help other members of a financial institution's planning and investment team best invest the firm's money and determine how to advise clients. Financial planning analysts typically work in an office environment in banks or investment houses, normally during regular business hours.

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Financial Planning Analyst Tasks

  • Identify metrics, analyze data, create models and forecasts and update existing analyses.
  • Reconcile data, research root causes for discrepancies and assist in updating processes.
  • Create reports, presentations and other communicative devices to convey data and recommendations.
  • Oversee audits and make recommendations based on findings.

Common Career Paths for Financial Planning Analyst


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Advancing into a Senior Financial Analyst role seems to be a popular career move for Financial Planning Analysts, and folks who currently work in the latter position report a notably larger median income of $76K per year.

Financial Analyst Job Listings

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Popular Employer Salaries for Financial Planning Analyst


Popular Skills for Financial Planning Analyst


Survey results imply that Financial Planning Analysts deploy a deep pool of skills on the job. Most notably, skills in Budget Management, Financial Reporting, Forecasting, and Financial Modeling are correlated to pay that is above average. At the other end of the pay range are skills like Valuation, Cash Flow Management, and Process Improvement. Most people who know Financial Analysis also know Microsoft Excel.

Pay Difference by Location

National Average: $61,315

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

Atlanta offers some of the highest pay in the country for Financial Planning Analysts, 27 percent above the national average. Financial Planning Analysts can also look forward to large paychecks in cities like Seattle (+25 percent), Houston (+17 percent), New York (+8 percent), and Chicago (+6 percent). Pittsburgh is home to the smallest salaries in the field, lagging the national average by 18 percent. Not at the bottom but still paying below the median are employers in St. Louis and Los Angeles (10 percent lower and 6 percent lower, respectively).

Related Job Salaries

Key Stats for Financial Planning Analyst

Gender

Female
33 %
Male
67 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.
058
Less than 1 year
8%
1-4 years
58%
5-9 years
21%
10-19 years
11%
20 years or more
2%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Planning Analyst Salaries



National Average
$61,000


Skills That Affect Financial Planning Analyst Salaries





Financial Analysis
0%

Microsoft Excel
0%

National Average
$61,000



Process Improvement
up arrow 6%

Cash Flow Management
up arrow 9%

Valuation
up arrow 10%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 38 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
8%
1-4 years
58%
5-9 years
21%
10-19 years
11%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 87%
dental benefits
Dental: 77%
vision benefits
Vision: 68%
dental benefits
None: 12%
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