Average Financial Planner Salary

The top respondents for the job title Financial Planner are from the companies Ameriprise Financial, Inc., Wealth Enhancement Group and The Northwestern Mutual Life Insurance Company. Reported salaries are highest at Fidelity Investments where the average pay is $72,700. Other companies that offer high salaries for this role include The Vanguard Group and Ameriprise Financial, Inc., earning around $70,000 and $61,250, respectively. The Northwestern Mutual Life Insurance Company pays the lowest at around $50,868. The Ayco Company, Lp and LPL Financial also pay on the lower end of the scale, paying $51,200 and $59,352, respectively.

Skills in Financial Advisor, Client Interaction and Investment Management are correlated to pay that is above average. Skills that pay less than market rate include Financial Analysis and Investment Planning.

An entry-level Financial Planner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $49,798 based on 93 salaries. An early career Financial Planner with 1-4 years of experience earns an average total compensation of $59,529 based on 503 salaries. A mid-career Financial Planner with 5-9 years of experience earns an average total compensation of $70,967 based on 288 salaries. An experienced Financial Planner with 10-19 years of experience earns an average total compensation of $83,510 based on 206 salaries. In their late career (20 years and higher), employees earn an average total compensation of $101,839.

Employees with Financial Planner in their job title in San Francisco, California earn an average of 35.0% more than the national average. These job titles also find higher than average salaries in Minneapolis, Minnesota (16.3% more) and Boston, Massachusetts (9.3% more). The lowest salaries can be found in Atlanta, Georgia (9.0% less), Houston, Texas (2.8% less) and San Diego, California (0.1% less).