Average Financial Advisor Salary at Bank of America Corporation

$60,000
Avg. Salary
$20,226
Bonus
$42,000
Commission
$4,700
Profit Sharing
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The average salary for a Financial Advisor at Bank of America Corporation is $60,000.
10%
$48k
MEDIAN
$60k
90%
$84k
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United States (change)
Salary
$48k - $84k
Bonus
$19k - $25k
Profit Sharing
$0 - $5k
Commission
$0 - $42k
Total Pay
$48k - $129k

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Job Description for Financial Advisor

Financial Advisor Tasks
  • Interview clients and gather information to determine strategies for financial investments.
  • Prospect and maintain clientele.
  • Recommend and sell financial plans and products that will help meet financial goals.
The top respondents for the job title Financial Advisor are from the companies Merrill Lynch & Co Inc, Edward Jones and Morgan Stanley. Reported salaries are highest at Bank of America Corp. (BOFA) where the average pay is $59,590. Other companies that offer high salaries for this role include The Vanguard Group and Ameriprise Financial, Inc., earning around $59,569 and $58,958, respectively. The Northwestern Mutual Life Insurance Company pays the lowest at around $46,333. Edward Jones and Merrill Lynch & Co Inc also pay on the lower end of the scale, paying $49,644 and $58,766, respectively.

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Popular Skills for Financial Advisor

Years of Experience

This data is based on 5 survey responses.
Mid Career
100.0%