Financial Advisor with Investment Planning Skills Salary

Commissions form a big slice (slightly less than three-fifths) of total compensation for Financial Advisors with Investment Planning skills. The median income in this area hovers around $69K. Total cash compensation for Financial Advisors with Investment Planning skills runs from $39K to $168K depending on bonuses that can occasionally exceed $35K and profit sharing that can reach almost $17K. The most important factor affecting compensation for this group is career length, followed by geography and the individual firm. A strong majority enjoy medical while more than half get dental coverage. Vision coverage is also available to a majority. Job satisfaction for Financial Advisors with Investment Planning skills is high. The information for this rundown comes from respondents who completed PayScale's salary questionnaire.

$34,910 - $126,902
$35K
$59K
$130K
MEDIAN: $58,721
10%
50%
90%

Add this chart to your site: 640px    300px

$9.93 - $31.71
$9
$18
$32
MEDIAN: $18.25
10%
50%
90%

Add this chart to your site: 640px    300px

$0$169K
Salary $34,910 - $126,902
Bonus $2,030 - $34,604
Profit Sharing $1,562 - $20,273
Commission $8,027 - $151,348
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).
)
$40,027 - $169,855
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 511
Hourly Data $0$37
Hourly Rate $9.93 - $31.71
Overtime $34.63
Annual Data $0$169K
Bonus $2,030 - $34,604
Commission $8,027 - $151,348
Profit Sharing $1,562 - $20,273
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).
)
$40,027 - $169,855
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 18

Find Out Exactly What You Should Be Paid

United States (change)

Financial Advisor Job Listings

Popular Employer Salaries for Financial Advisor


Edward Jones, Merrill Lynch & Co Inc, Ameriprise Financial, Inc., Wells Fargo & Co., and Morgan Stanley are all popular places to work. J.P. Morgan Chase & Co. (JPMCC) offers the highest compensation with a median salary of $106K. Financial Advisors with Investment Planning skills will also find cushy salaries at The Northwestern Mutual Life Insurance Company (+$100K), Wells Fargo & Co. (+$99K), and Ameriprise Financial, Inc. (+$76K).

Others at the bottom of the scale for this job include Edward Jones at $60K, and Merrill Lynch & Co Inc where $65K is the norm, but it is worth noting that some Financial Advisors with Investment Planning skills there earn up to $116K.

Pay by Experience Level for Financial Advisor

Pay by Experience for a Financial Advisor has a positive trend. An entry-level Financial Advisor with less than 5 years of experience can expect to earn an average total compensation of $58,000 based on 268 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Advisor with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $81,000 based on 141 salaries. An experienced Financial Advisor which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $102,000 based on 113 salaries. A Financial Advisor with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $141,000 based on 62 salaries.

Pay Difference by Location

National Average: $69,304

Larger city markers indicate a job is popular in that location.

For Financial Advisors with Investment Planning skills, working in the bustling city of Boston has its advantages, including an above-average pay rate. Financial Advisors with Investment Planning skills can also look forward to large paychecks in cities like San Francisco (+33 percent), New York (+31 percent), Chicago (+24 percent), and Cincinnati (+8 percent). The lowest-paying market is Pittsburgh, which sits 35 percent below the national average, proving that location is a significant contributor to overall pay. Workers in St. Louis and Miami earn salaries that trail the national average for those in this profession (28 percent less and 22 percent less, respectively).

Key Stats for Financial Advisor

Gender

Female
20 %
Male
80 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 106 votes.
Less than 1 year
7%
1-4 years
41%
5-9 years
20%
10-19 years
21%
20 years or more
11%
ADVERTISEMENT
Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Advisor Salaries

Late-Career
▲104%

▲48%

▲17%

National Average
$69,000

▼16%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 106 votes.

Gender

Female
20 %
Male
80 %

Years of Experience

Less than 1 year
7%
1-4 years
41%
5-9 years
20%
10-19 years
21%
20 years or more
11%

Common Health Benefits

medical benefits
Medical: 77%
dental benefits
Dental: 64%
vision benefits
Vision: 56%
no benefits
None: 21%
ADVERTISEMENT