The average salary for a Financial Representative is $44,309.
Is Financial Representative your job title? Find out what you should be paid
Use our tool to get a personalized report on your market worth.
$30k - $56k
$986 - $8k
$0 - $6k
$0 - $58k
$29k - $60k
Your Market Worth Over Time
How has your pay changed over time for your market? Find out by taking our salary quiz.
Job Description for Financial Representative
A financial representative works at a financial institution and offers services to clients. This is a sales position, and the representative is expected to acquire new customers via referrals, advertising, cold-calling, networking, and/or lead follow-ups. Commission is usually offered based on sales, and there may also be targets that representatives must reach. When working with clients, a financial representative should have a solid understanding of their needs and their financial goals. The r…Read more
Financial Representative Tasks
- Provide financial advice and match financial products with customers' needs and goals.
- Develop long-term rapport with customers and foster profitable relationships.
- Monitor market trends, identify and pursue potential customer leads, and meet sales goals.
- Discuss customers' financial concerns, questions, and needs.
Job Satisfaction for Financial Representative
Popular Employer Salaries for Financial Representative
The top respondents for the job title Financial Representative are from the companies Fidelity Investments, The Northwestern Mutual Life Insurance Company and TD Ameritrade, Inc. Reported salaries are highest at TD Ameritrade, Inc where the average pay is $48,454. Other companies that offer high salaries for this role include Fidelity Investments, earning around $46,046. Country Financial pays the lowest at around $36,107. The Northwestern Mutual Life Insurance Company also pays on the lower end of the scale, paying $37,000.
Financial Representative Job Listings
Search for more jobs
Popular Skills for Financial Representative
Customer Service Metrics
Skills in Customer Service, Financial Analysis, Customer Service Metrics and Trade Compliance are correlated to pay that is above average. Skills that pay less than market rate include Sales.
Pay by Experience Level for Financial Representative
An entry-level Financial Representative with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $42,612 based on 57 salaries. An early career Financial Representative with 1-4 years of experience earns an average total compensation of $43,280 based on 144 salaries. A mid-career Financial Representative with 5-9 years of experience earns an average total compensation of $45,509 based on 29 salaries. An experienced Financial Representative with 10-19 years of experience earns an average total compensation of $53,299 based on 26 salaries. In their late career (20 years and higher), employees earn an average total compensation of $50,615.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Financial Representative in their job title in New York, New York earn an average of 41.1% more than the national average. These job titles also find higher than average salaries in Merrimack, New Hampshire (23.0% more) and Fort Worth, Texas (6.1% more). The lowest salaries can be found in Denver, Colorado (0.7% less).
Years of Experience
This data is based on 262 survey responses.
Related Job Salaries
$32k - $71k
$28k - $53k
$12k - $43k
$41k - $102k
$28k - $55k
$24k - $74k
$33k - $68k
$30k - $60k
$24k - $47k
$37k - $83k