£26,395
Avg. Salary

Average additional compensation for this job:

Bonus

£1,239

Profit Sharing

£300

Commission

£1,000

The average pay for a Paraplanner is £26,363 per year. Most people move on to other jobs if they have more than 20 years' experience in this field. Pay for this job rises steadily for more experienced workers, but goes down noticeably for the few employees with more than 20 years' experience.

£18,467 - £35,704
£18K
£26K
£36K
MEDIAN: £26,395
10%
50%
90%
£8.88 - £19.31
£8
£13
£19
MEDIAN: £12.74
10%
50%
90%
£0£37K
Salary £18,467 - £35,704
Bonus £0.00 - £4,012
Profit Sharing £0.00 - £7,830
Commission £1,000
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).
)
£18,688 - £37,607
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 11 Aug 2018
  • Individuals Reporting: 513
Hourly Data £0£19
Hourly Rate £8.88 - £19.31
Overtime £15.43
Annual Data £0£37K
Bonus £0.00 - £4,012
Commission £1,000
Profit Sharing £0.00 - £7,830
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).
)
£18,688 - £37,607
  • Country: United States
  • Currency: GBP
  • Updated: 11 Aug 2018
  • Individuals Reporting: 26

Job Description for Paraplanner

A paraplanner is the junior member of a financial planning team, usually working under the direction of a senior financial planner. The paraplanner performs several of the necessary tasks in developing a financial plan for a customer. First, they gather financial reports and records from the client. Next, the paraplanner reviews the client's financial records and starts creating and modeling different possible financial scenarios. In the process of creating these scenarios, the paraplanner determines how assets should be allocated and ultimately uses this information to make recommendations on which financial plan should be followed.

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Paraplanner Tasks

  • Support financial advisors in serving clients by preparing for meetings, investment research, making preliminary financial planning recommendations, and coordinate marketing events.
  • Research financial databases and products that match clients' needs.
  • Construct visual aides including charts, graphs, and tables to be used in meetings with clients.

Paraplanner Job Listings

Popular Skills for Paraplanner

Pay by Experience Level for Paraplanner

Pay by Experience for a Paraplanner has a neutral trend. An entry-level Paraplanner with less than 5 years of experience can expect to earn an average total compensation of ₤26,000 based on 172 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Paraplanner with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of ₤30,000 based on 80 salaries. An experienced Paraplanner which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of ₤31,000 based on 49 salaries. A Paraplanner with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of ₤26,000 based on 16 salaries.

Pay Difference by Location

National Average: £27,245

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

Related Job Salaries

Key Stats for Paraplanner

Gender

Female
54 %
Male
46 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.
Less than 1 year
4%
1-4 years
50%
5-9 years
21%
10-19 years
18%
20 years or more
7%

Experience Affects Paraplanner Salaries

▲14%

▲10%

National Average
₤27,000

▼4%

▼6%

Skills That Affect Paraplanner Salaries

Research Analysis
▲7%




National Average
₤27,000

Financial Advisor
▼3%

Investment Planning
▼12%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 11 votes.

Gender

Female
54 %
Male
46 %

Years of Experience

Less than 1 year
4%
1-4 years
50%
5-9 years
21%
10-19 years
18%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 31%
dental benefits
Dental: 5%
vision benefits
Vision: 11%
no benefits
None: 64%