Chartered Financial Analyst (CFA) Salary
The average Chartered Financial Analyst in the United States can expect to rake in roughly $84K annually. Residence is the biggest factor affecting pay for this group, followed by career length. Most report receiving medical coverage from their employers and a majority collect dental insurance. Job satisfaction for Chartered Financial Analysts is high.
|Salary||$49,159 - $220,211|
|Bonus||$98.63 - $76,025|
|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).)
|$48,867 - $230,933|
Job Description for Chartered Financial Analyst (CFA)
Basic duties performed by chartered financial analysts (CFAs) include monitoring and helping improve financial performance for clients. Monitoring consists of tracking status, using financial models and forecasting, analyzing plans, and reconciling transactions. To improve performance, all data must be carefully analyzed and then used to present solutions such as automation, removing redundancy, improving coordination, and handling other weaknesses. In some cases, this may require specialized knowledge of specific fields; however, in general, problem-solving skills and strong communication skills are essential to generate strong results.Read More...
Work hours for chartered financial analysts are mostly limited to standard business operating hours, but overtime and travel may be necessary depending on the specific needs of clients and projects. Work is done in an indoor office environment with minimal risk and hazard. Chartered financial analysts typically work with a team of analysts, but being able to work independently with minimal supervision is important as well. Jobs as a chartered financial analyst are available at many financial institutions, ranging from banks to financial advisory services. In some cases, companies in different fields also hire analysts instead of relying on external employees to perform financial analysis.
Perhaps the most important requirement for the position is Chartered Financial Analyst (CFA) certification. In addition to this, a bachelor’s degree in finance, accounting, economics, or a related field is usually required. Experience requirements vary based on the level of the position and its pay, but many require a minimum of five years of experience in related financial fields. (Copyright 2017 PayScale.com)
Chartered Financial Analyst (CFA) Tasks
- Analyze financial portfolios and create recommendations.
- Write reports on recommendations, risks and current state.
- Evaluate financial decisions, set goals and identify key steps for growth.
Chartered Financial Analyst (CFA) Job Listings
Pay Difference by Location
For Chartered Financial Analysts, Boston provides a pay rate that is 45 percent greater than the national average. Chartered Financial Analysts will also find cushy salaries in Dallas (+6 percent) and New York (+1 percent). Falling short of the national average by 7 percent, the area with the worst salaries is Chicago.
Chartered Financial Analyst (CFA) Reviews
Related Job Salaries
Key Stats for Chartered Financial Analyst (CFA)
Rated 5 out of 5
based on 4 votes.