Financial Service Associate (FSA) Salary

The average wage for a Financial Service Associate (FSA) is $14.88 per hour. Most people with this job move on to other positions after 20 years in this field. For the first five to ten years in this position, wages increase sharply, but any additional experience does not have a big effect on pay.

$26,000 - $78,461
$26K
$40K
$78K
MEDIAN: $39,763
10%
50%
90%

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$11.23 - $20.67
$11
$15
$21
MEDIAN: $14.88
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$27K$54K$81K
Salary
$26,000 - $78,461  
   
Bonus
$306.39 - $6,851  
Profit Sharing
$50.00  
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).
)
$24,093 - $56,602  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 24
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$10$20$30
Hourly Rate
$11.23 - $20.67  
   
Overtime
$22.60  
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$20K$40K$60K
Bonus
$306.39 - $6,851  
   
Profit Sharing
$50.00  
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).
)
$24,093 - $56,602  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 50

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Job Description for Financial Service Associate (FSA)

A financial services associate (FSA) works in a bank, investment firm, or other financial institution to help clients manage and invest their money. These associates work directly with clients, so strong customer service skills are important in this position.

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Financial Service Associate (FSA) Tasks

  • Sell insurance, banking and/or investment products to new customers.
  • Propose insurance/banking/investment products most suitable to the clients'/customers' needs and ability to pay.
  • Find clients/customers by developing insurance, banking and investment programs and regularly making sales presentations for a broad range of insurance/banking/investment contracts and products.
  • Service the insurance, banking and/or investment needs of clients/customers.
  • Solicit new customers through approved techniques and methods.

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Key Stats for Financial Service Associate (FSA)

Gender

Female
63 %
Male
37 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
Less than 1 year
15%
1-4 years
47%
5-9 years
24%
10-19 years
12%
20 years or more
1%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Service Associate (FSA) Salaries

Experienced
▲18%

Mid-Career
▲16%

National Average
$34,000

▼8%

Skills That Affect Financial Service Associate (FSA) Salaries

Sales
▲4%

National Average
$34,000


Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
63 %
Male
37 %

Years of Experience

Less than 1 year
15%
1-4 years
47%
5-9 years
24%
10-19 years
12%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 59%
vision benefits
Vision: 49%
no benefits
None: 29%