Financial Consultant in New York Salary

Financial Consultants in New York take home approximately $70K annually on average. The majority of individuals in this role claim moderate levels of job satisfaction. Medical benefits are awarded to most, and a strong majority earn dental coverage. Most New York Financial Consultants survey respondents are men (70 percent). Participants in PayScale's salary questionnaire provided the particulars of this report.

$51,220 - $113,346
$51K
$96K
$110K
MEDIAN: $96,310
10%
50%
90%

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$0$127K
Salary $51,220 - $113,346
Bonus $3,077 - $24,658
Profit Sharing $10,000
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).
)
$51,915 - $127,753
  • Country: United States
  • Currency: USD
  • Updated: 9 Nov 2017
  • Individuals Reporting: 45

Job Description for Financial Consultant

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 clients, although some larger companies clients may assign clients to consultants.

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Financial Consultant Tasks

  • 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.

About New York, New York

Kings County, New York
8,550,405
Male:
4,081,698 (47.7%)
Female:
4,468,707 (52.3%)
The City of New York, often called New York City or simply New York, is the most populous city in the United States. Located at the southern tip of the state of New York, the city is the center of the New York metropolitan area, one of the most populous urban agglomerations in the world. With a U.S. Census Bureau-estimated 2015 population of 8,550,405 distributed over a land area of just 305 square miles (790 km2), New York is also the most densely populated major city in the United States. A global power city, New York City exerts a significant impact upon commerce, finance, media, art, fashion, research, technology, education, and entertainment, its fast pace defining the term New York minute. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has been described as the cultural and financial capital of the world. Situated...
New York, NY:
$55,752
New York:
$60,850
$1,317
New York, NY:
$538,300
New York:
$293,500
4.7%

Financial Consultant Job Listings

Key Stats for Financial Consultant

Gender

Female
12 %
Male
88 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.
Less than 1 year
13%
1-4 years
33%
5-9 years
48%
10-19 years
4%
20 years or more
2%

Experience Affects Financial Consultant Salaries

Mid-Career
▼0%

National Average
$101,000

▼26%

Skills That Affect Financial Consultant Salaries

National Average
$101,000

Data Analysis
▼11%

Financial Modeling
▼11%

Financial Advisor
▼11%

Financial Analysis
▼14%

Financial Reporting
▼20%

Microsoft Excel
▼20%

Sales
▼21%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 3 votes.

Gender

Female
12 %
Male
88 %

Years of Experience

Less than 1 year
13%
1-4 years
33%
5-9 years
48%
10-19 years
4%
20 years or more
2%

Common Health Benefits

medical benefits
Medical: 92%
dental benefits
Dental: 78%
vision benefits
Vision: 72%
no benefits
None: 8%