Investment Consultant Salary

Investment Consultants in the United States can expect wages of $70K annually on average. Cash earnings for Investment Consultants — which occasionally include more than $38K from bonuses and more than $13K from profit sharing — stretch from around $47K to approximately $160K. Career length is the biggest factor affecting pay for this group, followed by geography and the specific company. Making up 75 percent of those who took the survey, male Investment Consultants greatly outnumber their female counterparts. The majority of Investment Consultants claim high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. This report is based on answers to PayScale's salary questionnaire.

$43,512 - $128,643
MEDIAN: $69,868

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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.
$43,512 - $128,643  
$1,915 - $38,099  
Profit Sharing
$973 - $13,315  
$0.00 - $56,376  
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).
$46,564 - $159,684  
Country: United States | Currency: USD | Updated: 20 Sep 2015 | Individuals Reporting: 246
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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

The biggest paychecks can be found at TD Ameritrade, Inc — the median salary there is $105K.

Scottrade, Inc. offers the lowest pay in the industry by far, with a median salary less than half of the top paying company's rate ($52K).

Popular Skills for

Survey results show that Investment Consultants typically report just a few professional skills. Investment Management and Financial Analysis are considered valuable skills and can increase employee pay by 20 percent and 10 percent, respectively. Those listing Sales as a skill should be prepared for drastically lower pay. Most people familiar with Financial Analysis also know Sales.

Pay by Experience Level for

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. Salaries for inexperienced workers average out to $89K, and those with five to 10 years' experience earn a higher median of $59K. Those with 10 to 20 years of experience under their belts can expect their paychecks to flourish around the six-figure median of $108K. Big financial gains seem to result from working for more than two decades; veterans in this group report earning $165K on average.

Pay Difference by Location

San Francisco is home to an above-average pay rate for Investment Consultants, 85 percent higher than the national average. Investment Consultants can also look forward to large paychecks in cities like Boston (+47 percent), New York (+34 percent), Atlanta (+20 percent), and Chicago (+12 percent). Investment Consultants' salaries are heavily influenced by location — Investment Consultants in Charlotte bring in salaries that are 31 percent lower than the national average.

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Experience Affects Salaries

up arrow 101%

National Average

Skills That Affect Salaries

National Average

up arrow 22%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 54 votes.


25 %
75 %

Years of Experience

Less than 1 year
1-4 years
5-9 years
10-19 years
20 years or more

Common Health Benefits

medical benefits Medical: 89% dental benefits Dental: 78%
vision benefits Vision: 67% employee benefits None: 9%