Investment Consultant Salary

Median pay for Investment Consultants in the United States lies in the neighborhood of $73K per year. Pay ranges from $47K on the low end to $160K per year on the high end. Cash earnings for Investment Consultants — including $39K in bonuses and $13K in profit sharing proceeds near the top of the pay scale — generally stretch from $47K to $160K depending on individual performance. This group's pay is mainly influenced by geographic location, followed by tenure and the specific company. Medical benefits are awarded to a large number, and a fair number earn dental coverage. Generally, women make up less than a third of all Investment Consultants who answered the questionnnaire. Most Investment Consultants report high levels of job satisfaction. This overview is based on answers to PayScale's salary questionnaire.

$44,020 - $130,567
(Median)
$44K
$73K
$130K
MEDIAN: $72,878
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
$44,020 - $130,567  
   
Bonus
$1,939 - $38,895  
Profit Sharing
$520 - $13,008  
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).
)
$47,301 - $159,684  
Country: United States | Currency: USD | Updated: 2 Jul 2015 | Individuals Reporting: 219
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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 $122K lead the pack in compensation.

Pay for Investment Consultants is the lowest at Scottrade, Inc., which has a median salary of $50K. In addition, there's little room to grow there, with salaries maxing out at $60K.

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 25 percent and 17 percent, respectively. Sales, on the other hand, is typically associated with much lower pay. For most people, competency in Financial Analysis indicates knowledge of Sales.

Pay by Experience Level for Investment Consultant

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


For many Investment Consultants, experience and pay levels seem to be correlated; more years in the business generally lead to more money. Respondents with less than five years' experience take home $60K on average. In contrast, those who have been around for five to 10 years earn a noticeably higher average of $91K. Between one and two decades on the job, average salaries pass the six-figure mark at around $108K. Average wages for folks with more than 20 years of experience come out to around $155K.

Pay Difference by Location


Home to some of the best pay for Investment Consultants, San Francisco offers exceptional salaries, 85 percent above the national average. Investment Consultants will also find cushy salaries in Boston (+44 percent), New York (+39 percent), Atlanta (+18 percent), and Chicago (+9 percent). Compared to the national average, Charlotte Investment Consultants have considerably lower salaries, 32 percent below the national average to be exact. Location appears to be a major driving force in pay for those in this profession.

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Experience Affects Investment Consultant Salaries

Late-Career
up arrow 85%



National Average
$84,000


Skills That Affect Investment Consultant Salaries



National Average
$84,000

Sales
up arrow 27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 56 votes.

Gender

Female
26 %
Male
74 %

Years of Experience

Less than 1 year
1%
1-4 years
24%
5-9 years
46%
10-19 years
24%
20 years or more
5%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 65% employee benefits None: 9%
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