Avg. Base Salary (USD)
The average salary for a Financial Advisor is $49,208
What is the Pay by Experience Level for Financial Advisors?
An early career Financial Advisor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $53,903 based on 1,520 salaries. A mid-career Financial Advisor with 5-9 years of experience earns an average total compensation of $68,757 based on 778 salaries. An experienced …Read more
What Do Financial Advisors Do?
Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Generally, they work with individuals or institutional clients to assess their financial needs and help them achieve financial goals, such as choosing investments (money market, real estate investments, stocks and bonds), and they also explain tax laws relevant to certain investments and help with insurance decisions.
Financial advisors help clients plan for both …Read more
- Recommend and sell financial plans and products that will help meet financial goals.
- Prospect and maintain clientele.
- Interview clients and gather information to determine strategies for financial investments.