Investment Consultant Salary

Investment Consultants in the United States take home an average $72K per year. Compensation ranges between $49K and $162K per year. Total cash compensation for Investment Consultants runs from $49K to $162K depending on bonuses that can occasionally exceed $40K and profit sharing that can reach almost $13K. Career duration is the biggest factor affecting pay for this group, followed by the particular city and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Male Investment Consultants are far more common among survey respondents than their female counterparts, who typically comprise less than one-third of the field. Most workers in this position report high levels of job satisfaction. Participants in PayScale's salary questionnaire provided the particulars of this report.

$43,623 - $137,170
(Median)
$44K
$72K
$140K
MEDIAN: $72,301
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$60K$120K$180K
Salary
$43,623 - $137,170  
   
Bonus
$1,872 - $39,575  
Profit Sharing
$517 - $13,089  
Commission
$0.00 - $55,624  
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).
)
$48,527 - $161,641  
Country: United States | Currency: USD | Updated: 31 Mar 2015 | Individuals Reporting: 214

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Job Description for Investment Consultant

The investment consultant holds an advisory position and works with their company's clients or as a contractor for multiple organizations. Brokerage firms and investment advisory companies are typical employers for investment consultants. The investment consultant is responsible for making calls to prospective and current clients, resolving their concerns and issues, and strengthening relationships. They help clients manage their portfolios, make suggestions, figure out the client's goals, and establish plans to achieve those aims. These professionals must track interactions with clients through a customer relationship system software. The consultant must be comfortable speaking with a wide variety of people, and they may also work with other branches and divisions of their company to serve clients as well.

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Popular Employer Salaries for Investment Consultant


Those at TD Ameritrade, Inc can expect to make the most, with the company offering a median salary of $112K.

The consistently lowest paying firm on the list is Scottrade, Inc., where the median salary is just $50K — less than half of the top paying employer's rate.

Popular Skills for Investment Consultant


Investment Consultants usually report a few specific skills. Most notably, facility with Investment Management and Financial Analysis are correlated to pay that is significantly above average, leading to increases of 29 percent and 4 percent, respectively. Sales, on the other hand, is typically associated with much lower pay. Those familiar with Financial Analysis also tend to know Sales.

Pay by Experience Level for Investment Consultant

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


Experience and income seem to be closely related; in general, the survey respondents who had worked for more years reported higher incomes. Although individuals who have less than five years' experience earn $60K on average, people with five to 10 years benefit from a notably larger average of $95K. Professionals who spend a good 10 to 20 years in the workforce haul in an average of $112K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $165K.

Related Job Salaries

United States (change)

Experience Affects Investment Consultant Salaries

Late-Career
up arrow 100%



National Average
$83,000


Skills That Affect Investment Consultant Salaries


Financial Analysis
up arrow 4%

National Average
$83,000

Sales
up arrow 24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 60 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
1%
1-4 years
25%
5-9 years
45%
10-19 years
22%
20 years or more
6%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 9%