Financial Planning Analyst Salary

For Financial Planning Analysts, yearly average wages total $60K annually. In the world of Financial Planning Analysts, total cash compensation can vary between $43K and $89K. Each package generally includes bonuses and profit sharing proceeds, and in exceptional cases, those amounts can reach heights of $10K and $6K, respectively. The most influential factor affecting pay for this group is career length, though geography and the specific company have a (lesser) impact as well. Job satisfaction is reported as high by the vast majority of workers. Medical benefits are awarded to nearly all, and most earn dental coverage. More than half of Financial Planning Analysts (67 percent) survey respondents are men.

$42,743 - $83,284
(Median)
$43K
$60K
$83K
MEDIAN: $59,994
10%
50%
90%

Add this chart to your site: 640px    300px

$12.08 - $27.99
(Median)
$12
$20
$28
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$30K$60K$90K
Salary
$42,743 - $83,284  
   
Bonus
$0.00 - $9,841  
Profit Sharing
$489.36 - $6,128  
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).
)
$42,611 - $88,894  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 348
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$15$30$45
Hourly Rate
$12.08 - $27.99  
   
Overtime
$27.00 - $42.98  
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$30K$60K$90K
Bonus
$0.00 - $9,841  
   
Profit Sharing
$489.36 - $6,128  
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).
)
$42,611 - $88,894  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 20
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

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.

Read More...

Financial Planning Analyst Tasks

  • Assess trends in client and market behavior and modify strategies to optimize financial growth.
  • Manage portfolios and update customers on current or future developments.
  • Create financial strategies for customers in line with their desires and resources.
  • Manage client relationships and grow customer base.

Common Career Paths for Financial Planning Analyst


Add this chart to your site:   640px 640px    300px 300px


Financial Planning Analysts might see a strong upturn in salary after transitioning into upper-level roles such as Senior Financial Analyst, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $75K per year.

Financial Analyst Job Listings

Search for more jobs:

Popular Employer Salaries for Financial Planning Analyst


Popular Skills for Financial Planning Analyst


Survey results suggest that Financial Planning Analysts use a fairly large toolkit of professional skills. Most notably, skills in Forecasting, Financial Analysis, Microsoft Excel, and Financial Modeling are correlated to pay that is above average. Skills that pay less than market rate include Budgeting and Microsoft Office. Most people familiar with Financial Analysis also know Microsoft Excel.

Pay Difference by Location


Home to some of the best pay for Financial Planning Analysts, Houston offers exceptional salaries, 26 percent above the national average. Financial Planning Analysts will also find cushy salaries in Miami (+10 percent) and Seattle (+4 percent). In New York, salaries are 6 percent below the national average and represent the lowest-paying market.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Financial Planning Analyst Salaries



National Average
$61,000


Skills That Affect Financial Planning Analyst Salaries

Forecasting
up arrow 3%

Financial Analysis
up arrow 2%

Microsoft Excel
0%

Financial Modeling
0%

National Average
$61,000

Financial Reporting
up arrow 1%

Microsoft Office
up arrow 7%

Budgeting
up arrow 9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 70 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
5%
1-4 years
57%
5-9 years
24%
10-19 years
13%
20 years or more
2%

Common Health Benefits

medical benefits Medical: 90% dental benefits Dental: 82%
vision benefits Vision: 70% employee benefits None: 7%
ADVERTISEMENT