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Financial Planning Assistant Salary

Financial Planning Assistants in the United States can expect wages of $40K annually on average. Including potential for bonuses and profit sharing — peaking near $5K and $6K, respectively — total cash payment to Financial Planning Assistants can bottom out near $30K or peak near $52K depending on individual performance. There are more female Financial Planning Assistants who answered the questionnaire than male, making up 68 percent. Work is enjoyable for Financial Planning Assistants, who typically claim high levels of job satisfaction. While some workers in this profession — over a third — do not have any health coverage, a majority do receive medical benefits and more than a third have dental insurance.
$30,491 - $52,489
(Median)
30K
40K
47K
52K
MEDIAN: $40,280
10%
50%
75%
90%

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$13.02 - $22.16
(Median)
13
17
20
22
MEDIAN: $16.00
10%
50%
75%
90%

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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$18K$36K$54K
Salary
$30,491 - $52,489  
   
Bonus
$0.00 - $5,106  
Profit Sharing
$1,135 - $5,642  
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).
)
$30,273 - $52,398  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 133
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$12$24$36
Hourly Rate
$13.02 - $22.16  
   
Overtime
$0.00 - $34.42  
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$24K$48K$72K
Bonus
$0.00 - $5,106  
   
Profit Sharing
$1,135 - $5,642  
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).
)
$30,273 - $52,398  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 75
United States (change)

Job Description for Financial Planning Assistant

A financial planner assistant assists a financial planner with various duties such as administrative responsibilities and customers service. The assistant will be expected to get documents ready and organized before meetings with clients. Record keeping is another important aspect of the job. The financial planner may be required to distribute updates and other communication to clients via a combination of postal mail, email, and telephone. Internal memos may also be sent by the financial planner assistant. The assistant may be in charge of scheduling meetings and reminding the financial planner of upcoming events. The financial assistant may also be in charge of carrying out basic office duties such as answering the phone, greeting guests, and maintaining office supply levels. When customers have questions about any processes or bills, the assistant answers these questions or refers the customer to the correct party. The financial planner will also process documents relating to investing and insurance. Depending on experience, certification, and position, the financial planner assistant may also have more complex duties such as preparing documents for underwriting, analyzing financial data, helping with estate planning, planning cash flow, and allocating assets. Often this job is a stepping stone toward becoming a financial planner.

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Financial Planning Assistant Tasks

  • Execute and follow-up on investment transactions.
  • Establish and maintain client accounts, and process service requests.
  • Assist in developing financial plans and analysis for clients.
  • Assist in tax return preparation and client correspondence.

Financial Planning Assistant Job Listings

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Popular Skills for Financial Planning Assistant


Survey results imply that Financial Planning Assistants put a diverse skill set to use. Most notably, skills in Financial Analysis, Microsoft Excel, Customer Relationship Management, and Customer Service are correlated to pay that is above average. The majority of those who know Financial Analysis also know Microsoft Excel and Customer Relationship Management (CRM). Most people experienced in Customer Service also know Customer Relationship Management (CRM).

Financial Planning Assistant Reviews

What is it like working as a Financial Planning Assistant at Ameriprise Financial, Inc.?

Financial Planning Assistant in Folsom:
"Review Salary."
Pros: Money movement, placing trades, account maintenance, prepping for meeting, analyzing funds, working with the clients, running reports and updating annual financial plans.
Cons: Interuptions, where I sit has lots of distractions. Marketing and seminar event planning.

Related Job Salaries

Experience Affects Financial Planning Assistant Salaries

Experienced
up arrow 9%


National Average
$40,000


Skills That Affect Financial Planning Assistant Salaries

Financial Analysis
up arrow 6%

Microsoft Excel
up arrow 1%

National Average
$40,000

Customer Relationship Management (CRM)
up arrow 1%

Customer Service
up arrow 1%

Financial Applications
up arrow 1%

Client Interaction
up arrow 3%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 53 votes.

Gender

Female
68 %
Male
32 %

Years of Experience

Less than 1 year
7%
1-4 years
53%
5-9 years
19%
10-19 years
17%
20 years or more
4%

Common Health Benefits

medical benefits Medical: 64% dental benefits Dental: 35%
vision benefits Vision: 21% employee benefits None: 35%