Financial Planning Analyst Salary

For Financial Planning Analysts, annual average wages total $61K per year. Total cash compensation to Financial Planning Analysts approaches anywhere from $43K on the lower end to $91K on the higher end; in exceptional cases, this can include more than $10K from bonuses and upwards of $6K from profit sharing. Earnings for this group are mostly affected by experience level, followed by the particular city and the individual firm. Work is enjoyable for Financial Planning Analysts, who typically claim high levels of job satisfaction. Medical benefits are awarded to almost all, and a large number earn dental coverage. Male Financial Planning Analysts are more prevalent than women among those who took the survey — 67 percent of professionals.

$44,245 - $85,674
(Median)
$44K
$61K
$86K
MEDIAN: $60,831
10%
50%
90%

Add this chart to your site: 640px    300px

$12.26 - $27.82
(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 10th to 90th percentile ranges. Take the PayScale Survey to find out how location influences pay for this job.
)
$0$31K$62K$93K
Salary
$44,245 - $85,674  
   
Bonus
$0.00 - $9,846  
Profit Sharing
$10.00 - $5,600  
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).
)
$43,223 - $90,566  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 377
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
$12.26 - $27.82  
   
Overtime
$33.68  
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
$0.00 - $9,846  
   
Commission
$10,500  
Profit Sharing
$10.00 - $5,600  
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).
)
$43,223 - $90,566  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 22
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


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 $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, Financial Reporting, and Microsoft Excel are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Process Improvement, Budget Management, and Budgeting. Most people experienced in Financial Analysis also know Microsoft Excel.

Pay Difference by Location

National Average: $61,607

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

For Financial Planning Analysts, working in the bustling city of Houston has its advantages, including an above-average pay rate. Financial Planning Analysts will also find cushy salaries in Seattle (+10 percent) and Miami (+2 percent). Financial Planning Analysts' salaries are heavily influenced by location — Financial Planning Analysts in Pittsburgh bring in salaries that are 21 percent lower than the national average. Below-median salaries also turn up in St. Louis and Los Angeles (17 percent lower and 6 percent lower, respectively).

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
$62,000


Skills That Affect Financial Planning Analyst Salaries

Financial Analysis
up arrow 1%

Forecasting
up arrow 1%

Microsoft Excel
0%

Financial Reporting
0%

National Average
$62,000

Financial Modeling
up arrow 1%


Budgeting
up arrow 14%

Budget Management
up arrow 16%

Process Improvement
up arrow 17%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 67 votes.

Gender

Female
33 %
Male
67 %

Years of Experience

Less than 1 year
6%
1-4 years
57%
5-9 years
22%
10-19 years
13%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 83%
medical benefits
Vision: 75%
dental benefits
None: 7%
ADVERTISEMENT