Financial Paraplanner Salary

Financial Paraplanners in the United States can expect to earn an average of $42K per year. A majority enjoy medical while just under a third get dental coverage. Vision coverage is also available to roughly a seventh. Male Financial Paraplanners who responded to the survey are more common than women; more than half (65 percent) are men. Job satisfaction is reported as high by the vast majority of workers.

$31,027 - $57,657
$31K
$41K
$58K
MEDIAN: $41,484
10%
50%
90%

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$14.65 - $19.58
$16
MEDIAN: $16.50
50%

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$0$57K
Salary $31,027 - $57,657
Bonus $98.63 - $6,082
Profit Sharing $2,500
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).
)
$33,589 - $55,254
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 33
Hourly Data $0$24
Hourly Rate $16.50
Overtime $24.75
Annual Data $0$55K
Bonus $98.63 - $6,082
Profit Sharing $2,500
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).
)
$33,589 - $55,254
  • Country: United States
  • Currency: USD
  • Updated: 20 Sep 2017
  • Individuals Reporting: 9

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Financial Paraplanner

Financial paraplanners are primarily responsible for assisting financial planners and associate financial planners in a wide range of tasks and services. Paraplanners work by using computer software and a printer to assemble meeting documents, produce financial reports, and update and maintain financial data in financial planning software. They also prepare documents such as investment management agreements, financial planning agreements, account applications, and account transfers.

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Financial Paraplanner Tasks

  • Support financial advisors in serving clients by preparing for meetings, investment research, making preliminary financial planning recommendations, and coordinate marketing events.
  • Research financial databases and products that match clients' needs.
  • Construct visual aides including charts, graphs, and tables to be used in meetings with clients.

Common Career Paths for Financial Paraplanner


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Financial Paraplanner Job Listings

Pay by Experience Level for Financial Paraplanner

Pay by Experience for a Financial Paraplanner has a positive trend. An entry-level Financial Paraplanner with less than 5 years of experience can expect to earn an average total compensation of $41,000 based on 33 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Paraplanner with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $48,000 based on 15 salaries. An experienced Financial Paraplanner which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $47,000 based on 15 salaries. A Financial Paraplanner with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $54,000 based on 6 salaries.

Related Job Salaries

Key Stats for Financial Paraplanner

Gender

Female
32 %
Male
68 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.
Less than 1 year
12%
1-4 years
52%
5-9 years
21%
10-19 years
7%
20 years or more
7%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Financial Paraplanner Salaries

Late-Career
▲32%

Mid-Career
▲15%

Experienced
▲13%

Entry-Level
▼0%

National Average
$41,000

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 6 votes.

Gender

Female
32 %
Male
68 %

Years of Experience

Less than 1 year
12%
1-4 years
52%
5-9 years
21%
10-19 years
7%
20 years or more
7%

Common Health Benefits

medical benefits
Medical: 52%
dental benefits
Dental: 21%
vision benefits
Vision: 10%
no benefits
None: 45%
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