£35,062
Avg. Salary
£8.58
Avg. Hourly Rate

Average additional compensation:

£5,017

Bonus

£0.00

Profit Sharing

£6,017

Commission

What am I worth?
How should I pay?

The average pay for a Financial Advisor is £8.58 per hour.

The average pay for a Financial Advisor is £35,062 per year.

£6.08
10%
£8.58
50%
£29.59
90%
MEDIAN £8.58
£18k
10%
£35k
50%
£59k
90%
MEDIAN £35,062
£18,332 - £58,579
£18K
£35K
£59K
MEDIAN: £35,062
10%
50%
90%
£6.08 - £29.59
£6
£8
£30
MEDIAN: £8.58
10%
50%
90%
£0£67K
Salary £18,332 - £58,579
Bonus £503 - £19,583
Profit Sharing £0.00 - £15,456
Commission £515 - £53,327
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).
)
£18,620 - £67,296
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 11 Jan 2019
  • Individuals Reporting: 321
Hourly Data £0£29
Hourly Rate £6.08 - £29.59
Overtime £16.00
Annual Data £0£67K
Bonus £503 - £19,583
Commission £515 - £53,327
Profit Sharing £0.00 - £15,456
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).
)
£18,620 - £67,296
  • Country: United States
  • Currency: GBP
  • Updated: 11 Jan 2019
  • Individuals Reporting: 11

Job Description for Financial Advisor

Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Generally, they work with individuals or institutional clients to assess their financial needs and help them achieve financial goals, such as choosing investments (money market, real estate investments, stocks and bonds), and they also explain tax laws relevant to certain investments and help with insurance decisions.

Read More...
Financial Advisor Tasks
  • Interview clients and gather information to determine strategies for financial investments.
  • Prospect and maintain clientele.
  • Recommend and sell financial plans and products that will help meet financial goals.

Financial Advisor Job Listings

Pay by Experience Level for Financial Advisor

Pay by Experience for a Financial Advisor has a positive trend. An entry-level Financial Advisor with less than 5 years of experience can expect to earn an average total compensation of ₤30,000 based on 78 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤45,000 based on 62 salaries. An experienced Financial Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤49,000 based on 53 salaries. A Financial Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤52,000 based on 23 salaries.

Pay Difference by Location

41%

National Average: £39,159

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

Financial Advisor Reviews

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

Financial Advisor in Leeds:
"It’s ok."
Pros: It’s ok, a bit busy at times. The people are lovely that is one of the main reasons I won’t leave.
Cons: Just a yearly bonus, we used to have it every quarter

Related Job Salaries

Key Stats for Financial Advisor

Gender

Female
20 %
Male
80 %
Less than 1 year
7%
1-4 years
35%
5-9 years
20%
10-19 years
23%
20 years or more
15%

Experience Affects Financial Advisor Salaries

▲32%

Experienced
▲25%

Mid-Career
▲14%

National Average
₤39,000

Entry-Level
▼24%

Skills That Affect Financial Advisor Salaries

Oral / Verbal Communication
▲21%

Customer Relationship Management (CRM)
▲16%


National Average
₤39,000

Investment Management
▼8%

Financial Analysis
▼33%

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
7%
1-4 years
35%
5-9 years
20%
10-19 years
23%
20 years or more
15%

Common Health Benefits

medical benefits
Medical: 37%
dental benefits
Dental: 11%
vision benefits
Vision: 9%
no benefits
None: 60%