Avg. Base Salary (USD)
The average salary for a Financial Consultant is $69,739
What is the Pay by Experience Level for Financial Consultants?
An entry-level Financial Consultant with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $56,028 based on 55 salaries. An early career Financial Consultant with 1-4 years of experience earns an average total compensation of $67,109 based on 420 salaries. A …Read more
What Do Financial Consultants Do?
A financial consultant advises clients of an investment bank or financial services company on the best way to manage their money. They assesses customers' financial needs and work with them to build an investment portfolio that is comfortable for the client and builds wealth. To be successful, a financial consultant must build a client base; they need to identify prospective clients and cultivate relationships with them. Consultants may need to be creative in developing ways to attract new …Read more
- Guide clients through financial self-analysis, including goal setting and advice to reach goals.
- Assist clients with estate management, tax returns, budgets, or other financial tasks.
- Follow-up with clients on plans, track successes, and inform about modifications.