Investment Advisor Salary

A large fraction of take-home pay for Investment Advisors comes from commissions — roughly a third on average, in fact. The median overall income in this field is approximately $74K. Total cash compensation for Investment Advisors runs from $42K to $179K depending on bonuses that can occasionally exceed $49K and profit sharing that can reach almost $34K. Career length and the particular city each impact pay for this group, with the former having the largest influence. Although one in four lack health benefits of any kind, a fair number do enjoy medical insurance, and slightly more than half get dental coverage, too. Most workers in this position report high levels of job satisfaction. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.
Read More
$39,688 - $148,980
$40K
$65K
$150K
MEDIAN: $65,481
10%
50%
90%

Add this chart to your site: 640px    300px

$17.50 - $24.30
$20
MEDIAN: $20.37
50%

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$60K$120K$180K
Salary
$39,688 - $148,980  
   
Bonus
$1,237 - $49,094  
Profit Sharing
$102.13 - $34,052  
Commission
$4,250 - $120,000  
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).
)
$42,209 - $178,590  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 240
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$30$60$90
Hourly Rate
$20.37  
   
Overtime
$30.30  
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$60K$120K$180K
Bonus
$1,237 - $49,094  
   
Commission
$4,250 - $120,000  
Profit Sharing
$102.13 - $34,052  
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).
)
$42,209 - $178,590  
Country: United States | Currency: USD | Updated: 25 Mar 2017 | Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

Employers: Start Here »

Job Description for Investment Advisor

Banks and financial institutions employ investment advisors to work with existing customers to update their portfolio as needs, economic climate, and and their financial situations change. The advisor also works to attract new clients and customers as well, marketing themselves and their financial institution’s investment services.

Read More...

Investment Advisor Tasks

  • Guide clients through financial self-analysis, including goal setting and advice to reach goals.
  • Assist clients with estate management, tax returns, budgets, or other financial tasks.
  • Follow-up with clients on plans, track successes, and inform about modifications.

Financial Advisor Job Listings

Search for more jobs:

Popular Skills for Investment Advisor


Survey results show that Investment Advisors use a fair number of skills. Most notably, skills in Portfolio Management, Investment Management, Sales, and Investment Planning are correlated to pay that is above average. Those listing Client Interaction as a skill should be prepared for drastically lower pay. Financial Analysis and Investment Planning also typically command lower compensation. Those familiar with Investment Management also tend to know Investment Planning.

Pay by Experience Level for Investment Advisor

Pay by Experience for an Investment Advisor has a positive trend. An entry-level Investment Advisor with less than 5 years of experience can expect to earn an average total compensation of $53,000 based on 118 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Investment Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $86,000 based on 71 salaries. An experienced Investment Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $120,000 based on 81 salaries. An Investment Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $153,000 based on 35 salaries.

Pay Difference by Location

National Average: $73,580

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

For Investment Advisors, working in the bustling city of New York has its advantages, including an above-average pay rate. Investment Advisors will also find cushy salaries in Houston (+73 percent), Miami (+70 percent), Cincinnati (+63 percent), and Boston (+61 percent). Location significantly influences compensation, with Los Angeles Investment Advisors earning much less — 40 percent less — than the national average. Not at the bottom but still paying below the median are employers in Baltimore and Charlotte (19 percent lower and 16 percent lower, respectively).

Related Job Salaries

Key Stats for Investment Advisor

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.
Less than 1 year
4%
1-4 years
33%
5-9 years
20%
10-19 years
29%
20 years or more
14%
Location:
Years in Fields/Career:
United States (change)

Experience Affects Investment Advisor Salaries

▲108%

▲63%

▲18%

National Average
$74,000

▼28%

Skills That Affect Investment Advisor Salaries



National Average
$74,000

▼7%



Client Interaction
▼39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 33 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
4%
1-4 years
33%
5-9 years
20%
10-19 years
29%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 55%
vision benefits
Vision: 47%
no benefits
None: 26%