The average pay for a Financial Advisor is £35,166 per year. Skills that are associated with high pay for this job are Oral / Verbal Communication and Customer Relationship Management (CRM).

£18,640 - £57,541
£19K
£35K
£58K
MEDIAN: £34,857
10%
50%
90%
£6.08 - £29.59
£6
£8
£30
MEDIAN: £8.58
10%
50%
90%
£0£67K
Salary £18,640 - £57,541
Bonus £500 - £20,019
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).
)
£19,265 - £67,491
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 16 Jun 2018
  • Individuals Reporting: 355
Hourly Data £0£29
Hourly Rate £6.08 - £29.59
Overtime £16.00
Annual Data £0£67K
Bonus £500 - £20,019
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).
)
£19,265 - £67,491
  • Country: United States
  • Currency: GBP
  • Updated: 16 Jun 2018
  • 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.

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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

National Average: £39,010

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

Related Job Salaries

Key Stats for Financial Advisor

Gender

Female
21 %
Male
79 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 5 votes.
Less than 1 year
5%
1-4 years
34%
5-9 years
23%
10-19 years
24%
20 years or more
14%

Experience Affects Financial Advisor Salaries

▲32%

Experienced
▲26%

Mid-Career
▲15%

National Average
₤39,000

Entry-Level
▼23%

Skills That Affect Financial Advisor Salaries

Oral / Verbal Communication
▲22%

Customer Relationship Management (CRM)
▲16%


National Average
₤39,000

Investment Management
▼7%

Financial Analysis
▼32%

Job Satisfaction

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

Gender

Female
21 %
Male
79 %

Years of Experience

Less than 1 year
5%
1-4 years
34%
5-9 years
23%
10-19 years
24%
20 years or more
14%

Common Health Benefits

medical benefits
Medical: 40%
dental benefits
Dental: 11%
vision benefits
Vision: 9%
no benefits
None: 56%