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Average Financial Planner Salary

$62,970
Avg. SalaryShow Hourly Rate
$6,108
Bonus
$10,174
Commission
$3,141
Profit Sharing
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The average salary for a Financial Planner is $62,970.
10%
$41k
MEDIAN
$63k
90%
$104k
Is Financial Planner your job title? Find out what you should be paid
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Salary
$41k - $104k
Bonus
$2k - $24k
Profit Sharing
$1k - $10k
Commission
$2k - $40k
Total Pay
$41k - $121k
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What Do Financial Planners Do?

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.

Job Satisfaction for Financial Planner

4.1 out of 5
(180)
Highly Satisfied
12Reviews
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.

Career Paths

Explore the most common career paths for Financial Planner. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
Financial Planner
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)

Financial Planner Job Listings

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What Are Popular Skills for Financial Planners?

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.

What is the Pay by Experience Level for Financial Planners?

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).

Years of Experience

This data is based on 1,188 survey responses.
Entry Level
7.8%
Early Career
42.3%
Mid Career
24.2%
Experienced
17.3%
Late Career
8.2%