Salary for Personal Financial Advisors
Also known as: Certified Financial Planner, Estate Planner, Estate Planning Counselor, Financial Counselor, Individual Pension Adviser, Individual Pension Consultant, Personal Financial Advisor, Personal Financial Planner, Personal Investment Adviser
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SEE MORE SALARIES FOR FINANCE PROFESSIONALSIndividuals seeking to improve their financial status may turn to personal financial advisors for help. These professionals use their knowledge of the financial industry and investment options to evaluate the financial standing of their clients and to help create realistic financial plans based on the client's goals. Professionals in this industry may suggest the need for changes to individual habits or lifestyle, and may work to accommodate the core values and risk tolerance of their clients. Professional certification may be required in this field, and most professionals in this occupation have their Bachelor's or Master's degrees. Some may also have doctorates in related fields.
A Personal Financial Advisor can get a pay level on a scale from 72000 - 108000 depending on education and experience. Personal Financial Advisors earn wages of Ninety One Thousand Six Hundred dollars annually.
Personal Financial Advisors are compensated most highly in New York, which has an average pay rate of close to $146460. These employees have the highest salaries in Finance and Insurance, which has pay of $93430.
The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 10.84 percent nationwide in that time.
Personal Financial Advisors tend to make the most in the following industries:
In general, they earn less within the industries below: