Avg. Base Salary (USD)
The average salary for a Financial Consultant is $70,680 in 2023
What is the Pay by Experience Level for Financial Consultants?
An early career Financial Consultant with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $70,183 based on 12 salaries. A mid-career Financial Consultant with 5-9 years of experience earns an average total compensation of $66,866 based on 12 salaries. An experienced …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
FAQs About Financial Consultants
What is the highest pay for Financial Consultants?
Our data indicates that the highest pay for a Financial Consultant is $92k / year
What is the lowest pay for Financial Consultants?
Our data indicates that the lowest pay for a Financial Consultant is $54k / year
How can Financial Consultants increase their salary?
Increasing your pay as a Financial Consultant is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Financial Consultant that oversees more junior Financial Consultants, this experience can increase the likelihood to earn more.