Investment Consultant Salary

Investment Consultants in the United States take home an average $69K annually. In the world of Investment Consultants, overall income ranges from $46K near the bottom to $170K at the top; this can include more than $40K from bonuses and more than $11K from profit sharing in exceptional cases. The most important factor affecting compensation for this group is career duration, followed by geography and the particular employer. Generally, women make up less than a third of all Investment Consultants who answered the questionnnaire. Work is enjoyable for Investment Consultants, who typically claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. The data for this snapshot was collected from individuals who took PayScale's salary survey.

$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


Investment Consultants flock to TD Ameritrade, Inc for generous paychecks, where average earnings of $105K lead the pack in compensation.

With a reported median salary of only $51K, Scottrade, Inc. easily takes the cake for lowest-paying firm in town; earnings are less than half of the top paying company's rate.

Popular Skills for Investment Consultant


Survey results show that 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. It is often found that people who know Financial Analysis are also skilled in Sales.

Pay by Experience Level for Investment Consultant

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


Investment Consultants with a rich background of experience are typically rewarded with larger paychecks. Salaries for inexperienced workers average out to $87K, and those with five to 10 years' experience earn a higher median of $59K. Six-figure salaries surface after one to two decades on the job — experienced professionals in this group reap a six-figure median of $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.

For Investment Consultants, San Francisco provides a pay rate that is 86 percent greater than the national average. 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). Place of residence plays a huge part in an Investment Consultant's salary, with Charlotte Investment Consultants earning salaries that are 29 percent less 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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