Investment Advisor Salary

Annual compensation for Investment Advisors is typically heavily supplemented by bonuses and commissions and totals around $73K (including $67K from bonuses and commissions). Total cash earnings of Investment Advisors range from $41K on the low end to $194K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $50K and $29K, respectively. Career duration is the biggest factor affecting pay for this group, followed by geography. Generally, women make up less than a third of all Investment Advisors who answered the questionnnaire. For the most part, Investment Advisors enjoy their work and report high levels of job satisfaction. Although roughly a fifth lack health benefits of any kind, a strong majority do enjoy medical insurance, and more than half get dental coverage, too. This report is based on answers to PayScale's salary questionnaire.
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$39,196 - $148,022
(Median)
$39K
$62K
$150K
MEDIAN: $62,496
10%
50%
90%

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$10.07 - $153.19
(Median)
$10
$20
$150
MEDIAN: $20
10%
50%
90%

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National Salary Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$110K$220K$330K
Salary
$39,196 - $148,022  
   
Bonus
$993 - $49,697  
Profit Sharing
$986 - $29,361  
Commission
$0.00 - $320,000  
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).
)
$40,591 - $193,733  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | Individuals Reporting: 372
National Hourly Rate Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$60$120$180
Hourly Rate
$10.07 - $153.19  
   
Overtime
$29.64 - $43.45  
National Annualized Data (?
XAll compensation data shown are gross, national 10th to 90th percentile ranges. Pay can vary greatly by location. To view local data, take the PayScale survey.
)
$0$120K$240K$360K
Bonus
$993 - $49,697  
   
Commission
$0.00 - $320,000  
Profit Sharing
$986 - $29,361  
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).
)
$40,591 - $193,733  
Country: United States | Currency: USD | Updated: 20 Jun 2015 | 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


Overall, survey participants reported applying a fair number of skills to their work. Most notably, skills in Portfolio Management, Investment Management, Sales, and Investment Planning are correlated to pay that is above average, with boosts between 5 percent and 13 percent. Those listing Client Interaction as a skill should be prepared for drastically lower pay. It is often found that people who know Investment Management are 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.


Investment Advisors with a rich background of experience are typically rewarded with larger paychecks. Average salaries for inexperienced employees average out to around $52K, but folks who have five to 10 years of experience earn a higher median of $79K. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $122K. People who have worked for more than 20 years report a median income of $146K, which is barely higher than the median for folks with 10 to 20 years of experience.

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Experience Affects Investment Advisor Salaries




National Average
$73,000


Skills That Affect Investment Advisor Salaries



up arrow 5%

Investment Planning
up arrow 1%

National Average
$73,000

Client Interaction
up arrow 38%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 61 votes.

Gender

Female
22 %
Male
78 %

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: 79% dental benefits Dental: 59%
vision benefits Vision: 46% employee benefits None: 20%
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