Avg. Base Hourly Rate (USD)
The average hourly pay for a Financial Counselor is $17.51
What is the Pay by Experience Level for Financial Counselors?
An entry-level Financial Counselor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $16.00 based on 32 salaries. An early career Financial Counselor with 1-4 years of experience earns an average total compensation of $16.80 based on 418 salaries. A …Read more
What Do Financial Counselors Do?
Financial counselors are responsible for providing key financial information to clients, offering financial assistance and arrangements as needed. They are in charge of establishing relationships to ensure satisfactory financial resolution for their organization. They provide one-on-one financial counseling to educate clients on their options, handle insurance information, and review documentation and financial information to approve reimbursements. Financial counselors also verify clients' …Read more
- Counsel individuals and families regarding various financial decisions, including budgeting, debt management and paying for medical treatment.
- Meet with clients to discuss finances, cost of services, interest and payment options.
- Investigate insurance coverage, financial assistant options, and calculate out of pocket expenses.