Entry-Level Financial Planner Salary

For Entry-Level Financial Planners, yearly average wages total $52K annually. Bonuses, profit sharing, and commission all factor into final incomes for Entry-Level Financial Planners. Ranging between $35K near the bottom and $84K near the top, total earnings can include up to $15K from bonuses and up to $8K from profit sharing, with a high-performing minority reaping commissions of $39K. Men account for the majority of Entry-Level Financial Planners who responded to the questionnaire — 64 percent to be exact. Just under one in three of professionals in this line of work do not receive benefits; however, a strong majority report medical coverage and a little over a half claim dental coverage as well. The majority of Entry-Level Financial Planners claim high levels of job satisfaction. The data in this summary comes from the PayScale salary survey.

$35,730 - $75,502
$36K
$52K
$76K
MEDIAN: $52,288
10%
50%
90%

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$10.93 - $30.41
$11
$20
$30
MEDIAN: $19.58
10%
50%
90%

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$0$84K
Salary $35,730 - $75,502
Bonus $974 - $14,694
Profit Sharing $868 - $9,787
Commission $2,466 - $35,895
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).
)
$35,557 - $84,637
  • Country: United States
  • Currency: USD
  • Updated: 9 Oct 2017
  • Individuals Reporting: 353
Hourly Data $0$40
Hourly Rate $10.93 - $30.41
Overtime $4.93 - $40.36
Annual Data $0$84K
Bonus $974 - $14,694
Commission $2,466 - $35,895
Profit Sharing $868 - $9,787
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).
)
$35,557 - $84,637
  • Country: United States
  • Currency: USD
  • Updated: 9 Oct 2017
  • Individuals Reporting: 40

Financial Planner Job Listings

Pay Difference by Location

National Average: $55,313

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

Surpassing the national average by 40 percent, Entry-Level Financial Planners in Minneapolis receive some of the highest pay in the country. Entry-Level Financial Planners can also look forward to large paychecks in cities like Charlotte (+34 percent), New York (+18 percent), Denver (+17 percent), and Indianapolis (+9 percent). Falling short of the national average by 19 percent, the area with the worst salaries is Lubbock. Employers pay around 9 percent less in Dallas and 3 percent less in Atlanta, below-median salaries for those in this field.

Key Stats for Financial Planner

Gender

Female
37 %
Male
63 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 64 votes.
Less than 1 year
16%
1-4 years
68%
5-9 years
16%

Skills That Affect Financial Planner Salaries

Insurance
▲26%

Strategic Planning
▲8%


Investment Planning
▼0%

National Average
$55,000

Investment Management
▼1%

Financial Analysis
▼3%

Microsoft Excel
▼3%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 64 votes.

Gender

Female
37 %
Male
63 %

Common Health Benefits

medical benefits
Medical: 69%
dental benefits
Dental: 50%
vision benefits
Vision: 38%
no benefits
None: 30%