The average pay for a Financial Consultant is Rs 600,000 per year. The highest paying skills associated with this job are Financial Modeling, Oracle Applications, and Financial Reporting. Most people move on to other jobs if they have more than 20 years' experience in this field. Experience strongly influences income for this job.

Rs 182,875 - Rs 1,290,001
Rs 180K
Rs 560K
Rs 1M
MEDIAN: Rs 558,880
10%
50%
90%
Rs 0Rs 1M
Salary Rs 182,875 - Rs 1,290,001
Bonus Rs 0.00 - Rs 205,112
Profit Sharing Rs 4,500
Commission Rs 8,250
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).
)
Rs 181,825 - Rs 1,416,032
  • Country: India
  • Currency: INR
  • Updated: 13 Jan 2018
  • Individuals Reporting: 161

Job Description for Financial Consultant

A financial consultant advises clients of an investment bank or financial services company on the best way to manage their money. They assesses customers' financial needs and work with them to build an investment portfolio that is comfortable for the client and builds wealth. To be successful, a financial consultant must build a client base; they need to identify prospective clients and cultivate relationships with them. Consultants may need to be creative in developing ways to attract new clients, although some larger companies clients may assign clients to consultants.

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Financial Consultant Tasks

  • Guide clients through financial self-analysis, including goal setting and advice to reach goals.
  • Assist clients with estate management, tax returns, budgets, or other financial tasks.
  • Follow-up with clients on plans, track successes, and inform about modifications.

Financial Consultant Job Listings

Pay Difference by Location

National Average: Rs 582,091

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

Financial Consultant Reviews

Q: What is it like working as a Financial Consultant?

Financial Consultant in Mumbai:
Pros: Defined process work, no issues if the process is followed diligently.
Cons: The good itself is bad, no scope for improvement, no growth, lengthy hierarchy.

Related Job Salaries

Key Stats for Financial Consultant

Gender

Female
25 %
Male
75 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.
Less than 1 year
13%
1-4 years
51%
5-9 years
25%
10-19 years
8%
20 years or more
2%

Experience Affects Financial Consultant Salaries

Experienced
▲161%

Mid-Career
▲69%

National Average
Rs 582,000

▼31%

Skills That Affect Financial Consultant Salaries

Financial Modeling
▲53%

Oracle Applications
▲38%

Financial Reporting
▲20%

Financial Analysis
▲9%

National Average
Rs 582,000

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 10 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
13%
1-4 years
51%
5-9 years
25%
10-19 years
8%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 66%
dental benefits
Dental: 5%
vision benefits
Vision: 6%
no benefits
None: 33%