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Average Certified Financial Planner (CFP) Salary

$66,913
Avg. SalaryShow Hourly Rate
$7,445
Bonus
$19,774
Commission
$4,712
Profit Sharing
What am I worth?
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The average salary for a Certified Financial Planner (CFP) is $66,913.
10%
$47k
MEDIAN
$67k
90%
$110k
Is Certified Financial Planner (CFP) your job title? Find out what you should be paid
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Salary
$47k - $110k
Bonus
$1k - $25k
Profit Sharing
$2k - $16k
Commission
$5k - $76k
Total Pay
$49k - $130k
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What Do Certified Financial Planner (CFP)s Do?

Certified Financial Planner (CFP) Tasks
  • Interview individuals or businesses to identify financial goals, concerns, and opportunities.
  • Create agendas, spreadsheets, and meeting materials to discuss investments, savings, and asset allocation.
  • Document and revise financial plans for clients.

Job Satisfaction for Certified Financial Planner (CFP)

4.2 out of 5
(140)
Highly Satisfied
10Reviews
The top respondents for the job title Certified Financial Planner (CFP) are from the companies Ameriprise Financial, Inc., The Northwestern Mutual Life Insurance Company and Fidelity Investments. Reported salaries are highest at MassMutual Financial Group where the average pay is $96,133. Other companies that offer high salaries for this role include Fidelity Investments and The Vanguard Group, earning around $73,000 and $65,496, respectively. The Lincoln Financial Group pays the lowest at around $50,000. Pinnacle Wealth Planning Services, Inc. and Ameriprise Financial, Inc. also pay on the lower end of the scale, paying $51,673 and $53,207, respectively.

Career Paths

Explore the most common career paths for Certified Financial Planner (CFP). Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Certified Financial Planner (CFP)
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Certified Financial Planner (CFP) Job Listings

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What Are Popular Skills for Certified Financial Planner (CFP)s?

Skills in Financial Advisor, Investment Management and Client Interaction are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Investment Planning.

What is the Pay by Experience Level for Certified Financial Planner (CFP)s?

An entry-level Certified Financial Planner (CFP) with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $51,252 based on 39 salaries. An early career Certified Financial Planner (CFP) with 1-4 years of experience earns an average total compensation of $59,744 based on 370 salaries. A mid-career Certified Financial Planner (CFP) with 5-9 years of experience earns an average total compensation of $72,598 based on 256 salaries. An experienced Certified Financial Planner (CFP) with 10-19 years of experience earns an average total compensation of $85,423 based on 217 salaries. In their late career (20 years and higher), employees earn an average total compensation of $96,225.
Employees with Certified Financial Planner (CFP) in their job title in Los Angeles, California earn an average of 19.6% more than the national average. These job titles also find higher than average salaries in Boston, Massachusetts (15.3% more) and Denver, Colorado (7.5% more). The lowest salaries can be found in New York, New York (5.4% less).

Years of Experience

This data is based on 992 survey responses.
Entry Level
3.9%
Early Career
37.3%
Mid Career
25.8%
Experienced
21.9%
Late Career
11.1%

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