Investment Advisor Salary

In a profession for which the median take-home is approximately $74K, just under one in three of overall earnings for Investment Advisors arrives through commissions. Overall cash earnings for Investment Advisors stretch from $43K on the lower end to $181K near the top, and the heftiest packages can encompass around $49K from bonuses and $35K from profit sharing. Career length and the particular city each impact pay for this group, with the former having the largest influence. While some workers in this profession — about a fourth — do not have any health coverage, a fair number do receive medical benefits and just over a half have dental insurance. Making up 79 percent of those who took the survey, male Investment Advisors greatly outnumber their female counterparts. Most Investment Advisors like their work and job satisfaction is high. This overview is based on answers to PayScale's salary questionnaire.
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$40,156 - $149,097
$40K
$66K
$150K
MEDIAN: $65,992
10%
50%
90%

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$17.50 - $24.05
$20
MEDIAN: $20.37
50%

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$0$180K
Salary $40,156 - $149,097
Bonus $1,226 - $49,194
Profit Sharing $1,454 - $35,235
Commission $7,272 - $71,490
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).
)
$42,679 - $180,916
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 264
Hourly Data $0$26
Hourly Rate $20.37
Overtime $26.64
Annual Data $0$180K
Bonus $1,226 - $49,194
Commission $7,272 - $71,490
Profit Sharing $1,454 - $35,235
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).
)
$42,679 - $180,916
  • Country: United States
  • Currency: USD
  • Updated: 11 Jul 2017
  • Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

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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.

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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.

Investment Advisor Job Listings

Popular Skills for Investment Advisor


Investment Advisors report using a diverse set of skills on the job. 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. Most people skilled in Investment Management are similarly competent in 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: $74,389

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

With a pay rate for Investment Advisors that is 92 percent greater than the national average, New York offers a comfortable salary for those in this profession. Investment Advisors will also find cushy salaries in Houston (+71 percent), Miami (+68 percent), Cincinnati (+61 percent), and Boston (+59 percent). The lowest-paying market is Los Angeles, which sits 41 percent below the national average, proving that location is a significant contributor to overall pay. Employers also pay below the national average in Baltimore (20 percent lower) and Charlotte (17 percent lower).

Related Job Salaries

Key Stats for Investment Advisor

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.
Less than 1 year
4%
1-4 years
32%
5-9 years
21%
10-19 years
28%
20 years or more
15%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Investment Advisor Salaries

▲106%

▲61%

▲16%

National Average
$74,000

▼29%

Skills That Affect Investment Advisor Salaries



National Average
$74,000

▼8%



Client Interaction
▼40%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 44 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
4%
1-4 years
32%
5-9 years
21%
10-19 years
28%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 52%
vision benefits
Vision: 43%
no benefits
None: 26%
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