Average Financial Representative Salary

$44,309
Avg. SalaryShow Hourly Rate
$3,947
Bonus
$14,639
Commission
$3,999
Profit Sharing
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The average salary for a Financial Representative is $44,309.
10%
$30k
MEDIAN
$44k
90%
$56k
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United States (change)
Salary
$30k - $56k
Bonus
$986 - $8k
Profit Sharing
$0 - $6k
Commission
$0 - $58k
Total Pay
$29k - $60k

Your Market Worth Over Time

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Job Description for Financial Representative

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

3.5 out of 5
(33)
Highly Satisfied
4Reviews

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

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Popular Skills for Financial Representative

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.
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.
Entry Level
21.8%
Early Career
55.0%
Mid Career
11.1%
Experienced
9.9%
Late Career
2.3%