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Investment Consultant Salary

Pay for Investment Consultants in the United States sits in the ballpark of $74K per year. The bottom of the pay range sits near $49K, and the top verges on $169K per year. Total cash earnings of Investment Consultants range from $49K on the low end to $169K on the high end; the final amount can include bonuses and profit sharing proceeds that occasionally exceed $49K and $13K, respectively. The most important factor affecting compensation for this group is career length, followed by the particular city and the individual firm. A large number report receiving medical coverage from their employers and a fair number collect dental insurance. Generally, women make up less than a third of all Investment Consultants who answered the questionnnaire. The majority of workers are highly satisfied with their job.
$43,918 - $142,969
(Median)
$44K
$74K
$140K
MEDIAN: $74,172
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
$43,918 - $142,969  
   
Bonus
$1,548 - $48,605  
Profit Sharing
$517 - $13,089  
Commission
$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).
)
$48,567 - $168,908  
Country: United States | Currency: USD | Updated: 11 Dec 2014 | Individuals Reporting: 205
United States (change)

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.

Popular Skills for Investment Consultant


Typical Investment Consultants report a focused set of job 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 8 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Sales. Employees educated in Financial Analysis are typically practiced in Investment Management, too.

Pay by Experience Level for Investment Consultant

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


In general, experience and pay appear to be strongly linked; those with more experience usually bring in higher incomes. The average worker who claims fewer than five years of experience earns around $61K. In contrast, however, individuals who report five to 10 years in this occupation see a much larger median of $92K. After 10 to 20 years, professionals can make it pretty big; the median salary sits in the six-figure neighborhood of $119K. Investment Consultants who have spent more than 20 years on the job report earning a significantly higher median of $165K.

Related Job Salaries

Experience Affects Investment Consultant Salaries

Late-Career
up arrow 98%

Experienced
up arrow 43%


National Average
$83,000

Entry-Level
up arrow 27%

Skills That Affect Investment Consultant Salaries



National Average
$83,000

Sales
up arrow 17%

Job Satisfaction

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

Gender

Female
27 %
Male
73 %

Years of Experience

Less than 1 year
1%
1-4 years
25%
5-9 years
46%
10-19 years
20%
20 years or more
7%

Common Health Benefits

medical benefits Medical: 88% dental benefits Dental: 77%
vision benefits Vision: 64% employee benefits None: 10%