Avg. Base Salary (USD)
The average salary for a Paraplanner is $49,424 in 2023
What is the Pay by Experience Level for Paraplanners?
An entry-level Paraplanner with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,989 based on 51 salaries. An early career Paraplanner with 1-4 years of experience earns an average total compensation of $48,438 based on 351 salaries. A mid-career …Read more
What Do Paraplanners Do?
A paraplanner is the junior member of a financial planning team, usually working under the direction of a senior financial planner. The paraplanner performs several of the necessary tasks in developing a financial plan for a customer. First, they gather financial reports and records from the client. Next, the paraplanner reviews the client's financial records and starts creating and modeling different possible financial scenarios. In the process of creating these scenarios, the paraplanner …Read more
How do Paraplanners Rate Their Jobs?
FAQs About Paraplanners
What is the highest pay for Paraplanners?
Our data indicates that the highest pay for a Paraplanner is $65k / year
What is the lowest pay for Paraplanners?
Our data indicates that the lowest pay for a Paraplanner is $37k / year
How can Paraplanners increase their salary?
Increasing your pay as a Paraplanner is possible in different ways. Change of employer: Consider a career move to a new employer that is willing to pay higher for your skills. Level of Education: Gaining advanced degrees may allow this role to increase their income potential and qualify for promotions. Managing Experience: If you are a Paraplanner that oversees more junior Paraplanners, this experience can increase the likelihood to earn more.