Investment Advisor Salary

Commissions form a big slice (nearly two in five) of total compensation for Investment Advisors. The median income in this area hovers around $74K. Including potential for bonuses and profit sharing — peaking near $50K and $30K, respectively — total cash payment to Investment Advisors can bottom out near $41K or peak near $194K depending on individual performance. Location is the biggest factor affecting pay for this group, followed by tenure. Most workers in this position report high levels of job satisfaction. Unfortunately, some people in this line of work are without benefits — approximately one in five lack coverage. On the flip side, a strong majority have medical insurance and the greater part receive dental plans. Male Investment Advisors are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Figures cited in this summary are based on replies to PayScale's salary questionnaire.
Read More
$39,394 - $150,427
(Median)
$39K
$65K
$150K
MEDIAN: $64,758
10%
50%
90%

Add this chart to your site: 640px    300px

$10.07 - $30.91
(Median)
$10
$20
$31
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$110K$220K$330K
Salary
$39,394 - $150,427  
   
Bonus
$1,012 - $49,848  
Profit Sharing
$1,030 - $29,730  
Commission
$-0.49 - $310,266  
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).
)
$40,861 - $193,875  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 414
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$60$120$180
Hourly Rate
$10.07 - $30.91  
   
Overtime
$29.58 - $43.73  
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$120K$240K$360K
Bonus
$1,012 - $49,848  
   
Commission
$-0.49 - $310,266  
Profit Sharing
$1,030 - $29,730  
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).
)
$40,861 - $193,875  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 16
United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: 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

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

Financial Advisor Job Listings

Search for more jobs:

Popular Skills for Investment Advisor


Investment Advisors generally report applying a varied skill set to their work. Most notably, facility with Portfolio Management and Investment Management are correlated to pay that is significantly above average, leading to increases of 21 percent and 10 percent, respectively. 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 educated in Investment Management tend to be well versed in Investment Planning.

Pay by Experience Level for Investment Advisor

Median of all compensation (including tips, bonus, and overtime) by years of experience.


For many Investment Advisors, experience and pay levels seem to be correlated; more years in the business generally lead to more money. The median compensation for relatively untried workers is $55K; in the five-to-10 year group, it's higher at around $80K. After one to two decades on the job, professionals can reap plentiful salaries that average out to the six-figure sum of $123K. Investment Advisors with more than 20 years of experience report incomes that are only modestly higher; the median for these old hands hovers around $147K.

Related Job Salaries

United States (change)

Find Out Exactly What You Should Be Paid

United States (change)


Comp Managers: Start Here »

Experience Affects Investment Advisor Salaries




National Average
$74,000


Skills That Affect Investment Advisor Salaries



Sales
0%

National Average
$74,000


Financial Analysis
up arrow 32%

Client Interaction
up arrow 39%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 70 votes.

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
3%
1-4 years
32%
5-9 years
28%
10-19 years
23%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 78%
dental benefits
Dental: 59%
medical benefits
Vision: 48%
dental benefits
None: 20%
ADVERTISEMENT