Average Certified Financial Planner (CFP) Salary

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.

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.

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).