$66,490
Avg. Salary
$25.47
Avg. Hourly Rate

Average additional compensation:

$7,175

Bonus

$4,608

Profit Sharing

$24,159

Commission

What am I worth?
How should I pay?

The average pay for a Certified Financial Planner (CFP) is $25.47 per hour.

The average pay for a Certified Financial Planner (CFP) is $66,490 per year.

$14.97
10%
$25.47
50%
$195.74
90%
MEDIAN $25.47
$45k
10%
$66k
50%
$119k
90%
MEDIAN $66,490
$44,692 - $119,032
$45K
$66K
$120K
MEDIAN: $66,490
10%
50%
90%

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$14.97 - $196
$15
$25
$200
MEDIAN: $25.47
10%
50%
90%

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$0$135K
Salary $44,692 - $119,032
Bonus $1,022 - $25,100
Profit Sharing $1,189 - $19,911
Commission $4,902 - $123,650
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).
)
$46,201 - $135,302
  • Country: United States
  • Currency: USD
  • Updated: 10 Jan 2019
  • Individuals Reporting: 1,229
Hourly Data $0$195
Hourly Rate $14.97 - $196
Overtime $25.90 - $44.68
Annual Data $0$135K
Bonus $1,022 - $25,100
Commission $4,902 - $123,650
Profit Sharing $1,189 - $19,911
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).
)
$46,201 - $135,302
  • Country: United States
  • Currency: USD
  • Updated: 10 Jan 2019
  • Individuals Reporting: 68

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.

Read More...
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.

Popular Employer Salaries for Certified Financial Planner (CFP)

Common Career Paths for Certified Financial Planner (CFP)


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Certified Financial Planner (CFP) Job Listings

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: $73,639

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 Springfield:
"Wonderful."
Pros: Great place to live and work. Family nearby.
Cons:

Certified Financial Planner (CFP) in Grand Rapids:
"Time to build a business."
Work hard.

Certified Financial Planner (CFP) in Reston:
"Working In Reston."
Pros: If you live and work in Reston it is wonderful. An easy to navigate area that gives you the avoidance of traffic most days.
Cons: No real complaints. All first world problems.

Certified Financial Planner (CFP) in Cary:
"You have to care to be successful. Caring takes extra work."
Really understand the industry and communicate with clients at all times in an ethical and timely way.

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 175 votes.
Less than 1 year
4%
1-4 years
37%
5-9 years
25%
10-19 years
23%
20 years or more
11%

Experience Affects Certified Financial Planner (CFP) Salaries

▲72%

▲34%

▲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
▼8%

Client Interaction
▼9%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 175 votes.

Gender

Female
36 %
Male
64 %

Years of Experience

Less than 1 year
4%
1-4 years
37%
5-9 years
25%
10-19 years
23%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 47%
vision benefits
Vision: 38%
no benefits
None: 28%