Certified Financial Planner (CFP) Salary

The average pay for a Certified Financial Planner (CFP) is $66,348 per year. Experience strongly influences income for this job. A skill in Insurance is associated with high pay for this job. Most people with this job move on to other positions after 20 years in this field.
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$44,141 - $117,470
$44K
$66K
$120K
MEDIAN: $66,215
10%
50%
90%

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$17.42 - $50.34
$17
$25
$50
MEDIAN: $25.17
10%
50%
90%

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$0$132K
Salary $44,141 - $117,470
Bonus $1,004 - $24,292
Profit Sharing $1,192 - $19,747
Commission $5,093 - $98,986
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).
)
$46,342 - $132,117
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 723
Hourly Data $0$50
Hourly Rate $17.42 - $50.34
Overtime $22.65 - $47.68
Annual Data $0$132K
Bonus $1,004 - $24,292
Commission $5,093 - $98,986
Profit Sharing $1,192 - $19,747
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).
)
$46,342 - $132,117
  • Country: United States
  • Currency: USD
  • Updated: 18 Nov 2017
  • Individuals Reporting: 38

Job Description for Certified Financial Planner (CFP)

While many entities provide financial planning assistance to people who want a better handle on their financial situations and goals, a certified financial planner (CFP) can truly be considered a professional in the field. CFPs are only granted this title after passing a grueling certification process which ensures the individual's extensive knowledge of all aspects of the work; these include retirement planning and tax laws and regulations, as well as insurance and investment vehicles. Certified financial planners work with individuals, either under the auspices of a financial institution or in private practice, to help them manage money, income, and expenses.

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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.

Certified Financial Planner (CFP) Job Listings

Popular Employer Salaries for Certified Financial Planner (CFP)

Popular Skills for Certified Financial Planner (CFP)

Pay by Experience Level for Certified Financial Planner (CFP)

Pay by Experience for a Certified Financial Planner (CFP) has a positive trend. An entry-level Certified Financial Planner (CFP) with less than 5 years of experience can expect to earn an average total compensation of $60,000 based on 407 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Certified Financial Planner (CFP) with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $79,000 based on 268 salaries. An experienced Certified Financial Planner (CFP) which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $99,000 based on 210 salaries. A Certified Financial Planner (CFP) with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $127,000 based on 73 salaries.

Pay Difference by Location

National Average: $73,571

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

Certified Financial Planner (CFP) Reviews

Q: What is it like working as a Certified Financial Planner (CFP)?

Certified Financial Planner (CFP) in Dallas:
"Great career."
Pros: Helping individuals grasp where they are financial and what can be done to improve their situation.
Cons: Hours worked.

Related Job Salaries

Key Stats for Certified Financial Planner (CFP)

Gender

Female
36 %
Male
64 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 112 votes.
Less than 1 year
4%
1-4 years
38%
5-9 years
25%
10-19 years
23%
20 years or more
10%

Experience Affects Certified Financial Planner (CFP) Salaries

▲72%

▲35%

▲7%

National Average
$74,000

▼19%

Skills That Affect Certified Financial Planner (CFP) Salaries

▲9%

Strategic Planning
▲9%





Tax Preparation
▲2%

National Average
$74,000

Financial Analysis
▼1%


Tax Consulting
▼7%

Client Interaction
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 112 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
4%
1-4 years
38%
5-9 years
25%
10-19 years
23%
20 years or more
10%

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 46%
vision benefits
Vision: 37%
no benefits
None: 29%