Certified Financial Planner (CFP) with Insurance Skills Salary

A large fraction of take-home pay for Certified Financial Planners with Insurance skills comes from commissions — close to one-half on average, in fact. The median overall income in this field is approximately $79K. In the world of Certified Financial Planners with Insurance skills, overall cash allowance can occasionally include more than $30K from bonuses and, in some exceptional cases, $52K from profit sharing, causing incomes to vary widely between $50K and $176K. Career duration and the particular city each impact pay for this group, with the former having the largest influence. Certified Financial Planners with Insurance skills who participated in the survey are largely men, dominating at 65 percent. Job satisfaction is high and work is enjoyable for most Certified Financial Planners with Insurance skills. Not all workers are lucky enough to have benefits; in fact, just under a third are without coverage. Medical insurance is claimed by more than half and dental insurance is reported by close to one-half. The figures in this rundown are based on the results of PayScale's salary questionnaire.

$45,358 - $122,230
$45K
$70K
$120K
MEDIAN: $70,408
10%
50%
90%

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$0$174K
Salary $45,358 - $122,230
Bonus $-0.49 - $29,409
Profit Sharing $1,030 - $51,872
Commission $38,500
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).
)
$50,996 - $174,222
  • Country: United States
  • Currency: USD
  • Updated: 23 Sep 2017
  • Individuals Reporting: 123

Find Out Exactly What You Should Be Paid

United States (change)

Certified Financial Planner (CFP) Job Listings

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 $64,000 based on 45 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 $84,000 based on 47 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 $104,000 based on 47 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 $176,000 based on 15 salaries.

Key Stats for Certified Financial Planner (CFP)

Gender

Female
35 %
Male
65 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.
Less than 1 year
2%
1-4 years
35%
5-9 years
22%
10-19 years
29%
20 years or more
12%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Certified Financial Planner (CFP) Salaries

Late-Career
▲122%

Experienced
▲32%

Mid-Career
▲6%

National Average
$79,000

Entry-Level
▼19%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 26 votes.

Gender

Female
35 %
Male
65 %

Years of Experience

Less than 1 year
2%
1-4 years
35%
5-9 years
22%
10-19 years
29%
20 years or more
12%

Common Health Benefits

medical benefits
Medical: 71%
dental benefits
Dental: 51%
vision benefits
Vision: 44%
no benefits
None: 27%
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