The average salary for a Financial Advisor at Usaa Insurance is $61,066.
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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 short-ter…Read more
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.
Popular Employer Salaries for Financial Advisor
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 Morgan Stanley, earning around $59,569 and $58,968, respectively. The Northwestern Mutual Life Insurance Company pays the lowest at around $48,479. Edward Jones and Ameriprise Financial, Inc. also pay on the lower end of the scale, paying $49,685 and $58,723, respectively.
Financial Advisor Job Listings
What Are Popular Skills for Financial Advisors?
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 $57,728 based on 6 salaries. A mid-career Financial Advisor with 5-9 years of experience earns an average total compensation of $67,273 based on 5 salaries.
Pay Difference by Location
Years of Experience
This data is based on 11 survey responses.