Avg. Base Salary (USD)
The average salary for a Personal Financial Advisor is $68,725
What is the Pay by Experience Level for Personal Financial Advisors?
An entry-level Personal Financial Advisor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $44,560 based on 19 salaries. An early career Personal Financial Advisor with 1-4 years of experience earns an average total compensation of $60,729 based on 70 …Read more
What Do Personal Financial Advisors Do?
A personal financial advisor assists individuals with reaching financial objectives and educational goals, retirement and estate planning, and other investing decisions, and they make insurance/risk management recommendations for their clients. Entry into the financial advising field generally requires a bachelor's degree, preferably in accounting, finance, or a related field. The certified financial planner (CFP) designation is the preferred professional qualification. Additional licensing …Read more
- Guide clients through financial self-analysis, including goal setting and advice to reach goals.
- Assist clients with estate management, tax returns, budgets, or other financial tasks.
- Follow-up with clients on plans, track successes, and inform about modifications.