Associate Financial Planner Salary

For Associate Financial Planners, yearly average wages total $49K annually. Including potential for bonuses and profit sharing — peaking near $6K and $9K, respectively — total cash payment to Associate Financial Planners can bottom out near $36K or peak near $68K depending on individual performance. Geographic location is the biggest factor affecting pay for this group, followed by experience level. The majority of workers are highly satisfied with their job. Women are just slightly outnumbered, with male Associate Financial Planners making up 58 percent of survey respondents. While over a third report receiving no health benefits, the greater part do receive medical coverage, and around two in five have dental, as well. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$35,914 - $66,247
$36K
$49K
$66K
MEDIAN: $49,424
10%
50%
90%

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$14.06 - $25.58
$14
$19
$26
MEDIAN: $19.28
10%
50%
90%

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$0$68K
Salary $35,914 - $66,247
Bonus $961 - $6,195
Profit Sharing $1,000 - $13,959
Commission $4,500
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).
)
$36,394 - $68,925
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 195
Hourly Data $0$37
Hourly Rate $14.06 - $25.58
Overtime $37.58
Annual Data $0$68K
Bonus $961 - $6,195
Commission $4,500
Profit Sharing $1,000 - $13,959
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).
)
$36,394 - $68,925
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 21

Job Description for Associate Financial Planner

  • Assist financial planners and clients with the implementation of financial plans.
  • Work with bank personnel to increase sales through referrals.
  • Create and maintain client files.
  • Schedule appointments and assist clients with paperwork.

Common Career Paths for Associate Financial Planner


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Associate Financial Planners often transition into Certified Financial Planner positions, for which compensation tends to be much higher. On average, Certified Financial Planners earn $66K per year.

Associate Financial Planner Job Listings

Popular Skills for Associate Financial Planner


Survey results suggest that Associate Financial Planners put a wide range of professional skills to use. Most notably, facility with Financial Reporting, Financial Advisor, and Client Interaction are correlated to pay that is significantly above average, leading to increases of 29 percent, 19 percent, and 9 percent, respectively. Skills that are correlated to lower pay, on the other hand, include Microsoft Office, Financial Applications, and Microsoft Word. Most people who know Financial Analysis also know Financial Applications.

Pay Difference by Location

National Average: $50,491

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

For those looking to make money, Associate Financial Planners in Portland enjoy an exceptional pay rate, 31 percent above the national average. Associate Financial Planners can also look forward to large paychecks in cities like New York (+26 percent), Anchorage (+20 percent), San Diego (+13 percent), and Charlotte (+13 percent). In Boston, salaries are 20 percent below the national average and represent the lowest-paying market. Two other places where employers offer below-median salaries are Vancouver (16 percent less) and Houston (11 percent less).

Related Job Salaries

Key Stats for Associate Financial Planner

Gender

Female
44 %
Male
56 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.
Less than 1 year
9%
1-4 years
69%
5-9 years
14%
10-19 years
7%
20 years or more
1%

Experience Affects Associate Financial Planner Salaries

▲16%

▲10%

National Average
$50,000

▼2%

Skills That Affect Associate Financial Planner Salaries

Financial Reporting
▲28%

Financial Advisor
▲18%

Client Interaction
▲8%



Customer Relationship Management (CRM)
▲2%

National Average
$50,000





Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 41 votes.

Gender

Female
44 %
Male
56 %

Years of Experience

Less than 1 year
9%
1-4 years
69%
5-9 years
14%
10-19 years
7%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 63%
dental benefits
Dental: 39%
vision benefits
Vision: 32%
no benefits
None: 35%