Investment Consultant Salary

A large fraction of take-home pay for Investment Consultants comes from commissions — one in four on average, in fact. The median overall income in this field is approximately $73K. Total incomes of Investment Consultants incorporate potential for, in a few cases, more than $35K from bonuses and close to $14K from profit sharing; these performance components cause packages to range between $46K and $148K. While geography and the particular employer impact pay for this group, career length is the most influential factor. Medical benefits are awarded to nearly all, and most earn dental coverage. Most people in this profession are content with their work, and moderate levels of job satisfaction are reported. Investment Consultants who took the survey are largely men, dominating at 85 percent. Respondents to the PayScale salary survey provided the data for this report.

$43,393 - $136,816
$43K
$64K
$140K
MEDIAN: $63,864
10%
50%
90%

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$14.87 - $26.76
$15
$22
$27
MEDIAN: $21.55
10%
50%
90%

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$0$159K
Salary $43,393 - $136,816
Bonus $3,035 - $38,978
Profit Sharing $487.22 - $14,191
Commission $-0.49 - $72,719
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).
)
$47,472 - $159,685
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 169
Hourly Data $0$42
Hourly Rate $14.87 - $26.76
Overtime $35.86
Annual Data $0$159K
Bonus $3,035 - $38,978
Commission $-0.49 - $72,719
Profit Sharing $487.22 - $14,191
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).
)
$47,472 - $159,685
  • Country: United States
  • Currency: USD
  • Updated: 21 Sep 2017
  • Individuals Reporting: 15

Find Out Exactly What You Should Be Paid

United States (change)

Job Description for Investment Consultant

The investment consultant holds an advisory position and works with their company's clients or as a contractor for multiple organizations. Brokerage firms and investment advisory companies are typical employers for investment consultants. The investment consultant is responsible for making calls to prospective and current clients, resolving their concerns and issues, and strengthening relationships. They help clients manage their portfolios, make suggestions, figure out the client's goals, and establish plans to achieve those aims. These professionals must track interactions with clients through a customer relationship system software. The consultant must be comfortable speaking with a wide variety of people, and they may also work with other branches and divisions of their company to serve clients as well.

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Investment Consultant Tasks

  • Manage client investments by analyzing client’s finances, identifying needs, and developing goals and financial plans.
  • Assist with the development and facilitation of seminars and marketing development plans.
  • Generate sales opportunities by promoting products and services to existing and potential clients.
  • Identify and follow-up on opportunities to expand client assets.

Investment Consultant Job Listings

Popular Employer Salaries for Investment Consultant


TD Ameritrade, Inc attracts talent by shelling out the biggest paychecks in the area — the median in that office is $105K.

Earnings fall especially short at Scottrade, Inc., where the median salary of $59K is the lowest in the field, 78 percent less than the top paying company.

Popular Skills for Investment Consultant


Survey results suggest that Investment Consultants put a wide range of professional skills to use. Most notably, facility with Financial Analysis and Investment Management are correlated to pay that is significantly above average, leading to increases of 25 percent and 9 percent, respectively. Skills that pay less than market rate include Investment Planning and Financial Advisor. Those educated in Financial Analysis tend to be well versed in Sales.

Pay by Experience Level for Investment Consultant

Pay by Experience for an Investment Consultant has a positive trend. An entry-level Investment Consultant with less than 5 years of experience can expect to earn an average total compensation of $58,000 based on 83 salaries provided by anonymous users. Average total compensation includes tips, bonus, and overtime pay. An Investment Consultant with mid-career experience which includes employees with 5 to 10 years of experience can expect to earn an average total compensation of $81,000 based on 75 salaries. An experienced Investment Consultant which includes employees with 10 to 20 years of experience can expect to earn an average total compensation of $120,000 based on 43 salaries. An Investment Consultant with late-career experience which includes employees with greater than 20 years of experience can expect to earn an average total compensation of $192,000 based on 9 salaries.

Pay Difference by Location

National Average: $73,332

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

For those looking to make money, Investment Consultants in San Francisco enjoy an exceptional pay rate, 109 percent above the national average. Investment Consultants can also look forward to large paychecks in cities like Boston (+104 percent), Los Angeles (+71 percent), Chicago (+51 percent), and Atlanta (+33 percent). Investment Consultants in Austin make 37 percent less than the national average, proving that location is a major factor in pay. Workers in Pittsburgh and New York earn salaries that trail the national average for those in this profession (22 percent less and 4 percent less, respectively).

Related Job Salaries

Key Stats for Investment Consultant

Gender

Female
14 %
Male
86 %

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.
Less than 1 year
3%
1-4 years
34%
5-9 years
34%
10-19 years
24%
20 years or more
6%
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Location:
Years in Fields/Career:
United States (change)

Experience Affects Investment Consultant Salaries

▲162%

▲64%

▲10%

National Average
$73,000

▼20%

Skills That Affect Investment Consultant Salaries



National Average
$73,000

▼1%

Financial Advisor
▼6%

Investment Planning
▼8%

Job Satisfaction

Highly satisfied
Rated 4 out of 5
based on 39 votes.

Gender

Female
14 %
Male
86 %

Years of Experience

Less than 1 year
3%
1-4 years
34%
5-9 years
34%
10-19 years
24%
20 years or more
6%

Common Health Benefits

medical benefits
Medical: 93%
dental benefits
Dental: 87%
vision benefits
Vision: 77%
no benefits
None: 6%
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