$62,572
Avg. Salary
$23.16
Avg. Hourly Rate

Average additional compensation:

$5,607

Bonus

$3,500

Profit Sharing

$12,774

Commission

What am I worth?
How should I pay?

The average pay for a Financial Planner is $23.16 per hour.

The average pay for a Financial Planner is $62,572 per year.

10%
$13.18
10%
$23.16
50%
$50.11
90%
90%
MEDIAN $23.16
10%
$40k
10%
$63k
50%
$111k
90%
90%
MEDIAN $62,572
$39,878 - $110,510
$40K
$63K
$110K
MEDIAN: $62,572
10%
50%
90%

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$13.18 - $50.11
$13
$23
$50
MEDIAN: $23.16
10%
50%
90%

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$0$127K
Salary $39,878 - $110,510
Bonus $1,027 - $20,430
Profit Sharing $1,178 - $13,532
Commission $3,306 - $120,000
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).
)
$40,351 - $127,322
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 1,107
Hourly Data $0$50
Hourly Rate $13.18 - $50.11
Overtime $4.70 - $43.03
Annual Data $0$127K
Bonus $1,027 - $20,430
Commission $3,306 - $120,000
Profit Sharing $1,178 - $13,532
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).
)
$40,351 - $127,322
  • Country: United States
  • Currency: USD
  • Updated: 16 May 2019
  • Individuals Reporting: 98

Job Description for Financial Planner

A financial planner is an individual who works for a bank or investment company that advises individuals on how to make most of their money by suggesting; in some situations, the planner makes investments and financial decisions for customers. This position requires strong analytical skills and an outgoing personality, as a financial institution expects its financial planners to effectively help and retain clients over a long period of time. The financial planner may also set up investment seminars to help build new business and educate clients.

Read More...
Financial Planner 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.

Financial Planner Pay By Employer

$0$298K

$60,000

$49,948

$50,000

LPL Financial
7 profiles
$61,042

Self-Employed
5 profiles
$143,797

Financial Planner Job Listings

Popular Skills for Financial Planner


Financial Planners seem to wield many skills on the job. Most notably, skills in Insurance, Tax Consulting, financial planning, and Financial Advisor are correlated to pay that is above average, with boosts between 10 percent and 15 percent. Those listing Financial Modeling as a skill should be prepared for drastically lower pay. Microsoft Excel and Tax Preparation also typically command lower compensation. Most people skilled in Financial Advisor are similarly competent in Financial Analysis.

Pay by Experience Level for Financial Planner

Pay by Experience for a Financial Planner has a positive trend. An entry-level Financial Planner with less than 5 years of experience can expect to earn an average total compensation of $54,000 based on 365 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. A Financial Planner with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $74,000 based on 184 salaries. An experienced Financial Planner which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $97,000 based on 134 salaries. A Financial Planner with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $118,000 based on 45 salaries.

Pay Difference by Location

13%

12%

3%

-12%

-14%

-22%

National Average: $67,041

Larger city markers indicate a job is popular in that location.

Surpassing the national average by 110 percent, Financial Planners in San Francisco receive some of the highest pay in the country. Financial Planners can also look forward to large paychecks in cities like Kansas City (+41 percent), Philadelphia (+30 percent), Los Angeles (+30 percent), and Chicago (+17 percent). With compensation 19 percent below the national average, Dallas is not known for hefty paychecks and actually represents the lowest-paying market. Not at the bottom but still paying below the median are employers in Atlanta and Richmond (11 percent lower and 8 percent lower, respectively).

Financial Planner Reviews

Q: What is it like working as a Financial Planner?

Financial Planner in Scottsdale:
Pros: Co-workers
Cons: Technology

Financial Planner in Portland:
"Great."
Pros: Hours.
Cons: A lot of computer work.

Financial Planner in West Des Moines:
"Self employed contract financial planner for an Independent."
Pros: Flexibility and freedom.
Cons: Commission only work.

Related Job Salaries

Key Stats for Financial Planner

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 200 votes.
Less than 1 year
9%
1-4 years
40%
5-9 years
24%
10-19 years
20%
20 years or more
8%

Experience Affects Financial Planner Salaries

▲76%

▲45%

▲11%

National Average
$67,000

▼20%

Skills That Affect Financial Planner Salaries

▲11%

Tax Consulting
▲7%

financial planning
▲6%



National Average
$67,000


Strategic Planning
▼1%


Tax Preparation
▼15%

Microsoft Excel
▼22%

Financial Modeling
▼27%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 200 votes.

Gender

Female
37 %
Male
63 %

Years of Experience

Less than 1 year
9%
1-4 years
40%
5-9 years
24%
10-19 years
20%
20 years or more
8%

Common Health Benefits

medical benefits
Medical: 70%
dental benefits
Dental: 52%
vision benefits
Vision: 42%
no benefits
None: 29%