Investment Advisor Salary

Commissions constitute a big slice (slightly less than a third on average) of overall compensation for Investment Advisors, and the median take-home for this group lies near $75K. Total incomes of Investment Advisors incorporate potential for, in a few cases, more than $49K from bonuses and close to $35K from profit sharing; these performance components cause packages to range between $43K and $183K. Experience level is the biggest factor affecting pay for this group, followed by geography. Health benefits are not claimed by all — roughly a fourth lack any form of coverage — but a strong majority have medical insurance, and just over a half have dental, too. Job satisfaction for Investment Advisors is high. This report is based on responses to the PayScale salary survey.
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$40,994 - $149,292
$41K
$68K
$150K
MEDIAN: $67,515
10%
50%
90%

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

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$0$184K
Salary $40,994 - $149,292
Bonus $1,216 - $51,133
Profit Sharing $1,318 - $34,844
Commission $7,308 - $70,957
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).
)
$43,861 - $184,624
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 272
Hourly Data $0$43
Hourly Rate $20.37
Overtime $25.00
Annual Data $0$184K
Bonus $1,216 - $51,133
Commission $7,308 - $70,957
Profit Sharing $1,318 - $34,844
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).
)
$43,861 - $184,624
  • Country: United States
  • Currency: USD
  • Updated: 12 Sep 2017
  • Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

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 wide range of professional 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 proficient in Investment Management are, more often than not, also skilled 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: $77,228

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

For Investment Advisors, busy New York offers a higher-than-average pay rate, 91 percent above the national average. Investment Advisors can also look forward to large paychecks in cities like Houston (+70 percent), Miami (+67 percent), Cincinnati (+61 percent), and Boston (+58 percent). Investment Advisors in Los Angeles report much lower salaries than the rest of the country — 41 percent below the national average — proving that residence is a major factor in overall pay. Baltimore and Charlotte are a couple other places where companies are known to pay below the median — salaries are 20 percent lower and 17 percent lower, respectively.

Related Job Salaries

Key Stats for Investment Advisor

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 48 votes.
Less than 1 year
4%
1-4 years
32%
5-9 years
20%
10-19 years
30%
20 years or more
14%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Investment Advisor Salaries

▲98%

▲55%

▲12%

National Average
$77,000

▼31%

Skills That Affect Investment Advisor Salaries

National Average
$77,000



▼11%



Client Interaction
▼42%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 48 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
4%
1-4 years
32%
5-9 years
20%
10-19 years
30%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 72%
dental benefits
Dental: 51%
vision benefits
Vision: 41%
no benefits
None: 26%
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