Investment Consultant Salary

An average Investment Consultant in the United States can expect to take home roughly $69K annually. Individual bonuses, profit sharing and commission for Investment Consultants — as high as $40K, $11K and $32K, respectively — each contribute to the degree of variation within overall compensation, ranging from $46K to $170K. The most important factor affecting compensation for this group is career duration, followed by geography and the specific company. For the most part, Investment Consultants enjoy their work and report high levels of job satisfaction. Medical benefits are awarded to most, and a strong majority 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.

$43,681 - $146,506
(Median)
$44K
$69K
$150K
MEDIAN: $69,485
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$60K$120K$180K
Salary
$43,681 - $146,506  
   
Bonus
$1,953 - $40,450  
Profit Sharing
$970 - $11,150  
Commission
$0.00 - $32,215  
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).
)
$45,892 - $169,839  
Country: United States | Currency: USD | Updated: 12 Jan 2016 | Individuals Reporting: 267
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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


Heading up the field in terms of compensation, TD Ameritrade, Inc offers the most; Investment Consultants earn $105K on average there.

The consistently lowest paying firm on the list is Scottrade, Inc., where the median salary is just $51K — less than half of the top paying company's rate.

Popular Skills for Investment Consultant


Survey takers who work as Investment Consultants typically report just a few professional skills. Most notably, skills in Investment Management, Financial Analysis, Investment Planning, and Sales are correlated to pay that is above average. Skills that are correlated to lower pay, on the other hand, include Sales and Investment Planning. Those proficient in Financial Analysis are, more often than not, also skilled in Sales.

Pay by Experience Level for Investment Consultant

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 Consultants. Relatively untried employees who have less than five years' experience have a median salary of $59K. Those who have been around for five to 10 years can expect to take home more — $87K on average. Experienced professionals who have spent one to two decades on the job can score lucrative paychecks that average out to $115K. More than 20 years of experience seem related to solid financial gains; veterans in this group report earning a median of $214K.

Pay Difference by Location

National Average: $81,763

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

Surpassing the national average by 86 percent, Investment Consultants in San Francisco receive some of the highest pay in the country. Investment Consultants can also look forward to large paychecks in cities like Boston (+71 percent), Los Angeles (+53 percent), New York (+33 percent), and Atlanta (+19 percent). Investment Consultants' salaries are heavily influenced by location — Investment Consultants in Charlotte bring in salaries that are 29 percent lower than the national average.

Related Job Salaries

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Experience Affects Investment Consultant Salaries

Late-Career
up arrow 162%



National Average
$82,000


Skills That Affect Investment Consultant Salaries



National Average
$82,000

Investment Planning
up arrow 5%

up arrow 11%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 55 votes.

Gender

Female
23 %
Male
77 %

Years of Experience

Less than 1 year
1%
1-4 years
26%
5-9 years
44%
10-19 years
23%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 90%
dental benefits
Dental: 79%
medical benefits
Vision: 68%
dental benefits
None: 8%
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