Investment Advisor Salary

Commissions form a big slice (close to two-fifths) of total compensation for Investment Advisors. The median income in this area hovers around $74K. With some bonuses approaching $50K and certain profit sharing proceeds approaching $30K, overall incomes of Investment Advisors spread between $41K and $194K depending on individual performance. Geography and career duration each impact pay for this group, with the former having the largest influence. Close to one-fifth of professionals in this line of work do not receive benefits; however, a fair number report medical coverage and the larger part claim dental coverage as well. Most Investment Advisors survey respondents are men (79 percent). Work is enjoyable for Investment Advisors, who typically claim high levels of job satisfaction. The numbers in this rundown were provided by PayScale's salary survey participants.
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$39,394 - $150,427
(Median)
$39K
$65K
$150K
MEDIAN: $64,758
10%
50%
90%

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$10.07 - $30.91
(Median)
$10
$20
$31
MEDIAN: $20
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$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
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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

  • 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.

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Popular Skills for Investment Advisor


Survey results suggest that Investment Advisors put a wide range of professional skills to use. 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 proficient in Investment Management are, more often than not, also skilled in Investment Planning.

Pay by Experience Level for Investment Advisor

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


Experience seems to be a major factor in determining the incomes of Investment Advisors. People who have worked for fewer than five years bring home $55K on average. Median compensation in the five-to-10 year group, however, is higher at approximately $80K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $123K. Individuals who have achieved more than 20 years of experience don't seem to earn much more than people who have 10 to 20 years under their belts; the more senior group reports an average income of $147K.

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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%
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