Salary for Personal Financial Advisors

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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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Individuals 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 gets a salary of between $44,100 - $208,000 depending on seniority. usually get an average wage of one hundred and twenty-two thousand four hundred and ninety dollars on a yearly basis.

are paid most highly in New York, where they earn average job salaries of close to $169,310. People working these jobs can get the best compensation in Real Estate and Rental and Leasing, where they can earn job pay of $126,780.

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The national wage distribution is shown below. To overlay local salaries for a Personal Financial Advisor, please select your state.
Annual salary
Hourly rate
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SALARY TREND

The annual compensation for this career has gone up since 2004. Salaries have increased by an average of 48.58 percent nationwide in that time.

INDUSTRIES

Personal Financial Advisors tend to make the most in the following industries:

Real Estate and Rental and Leasing
$126,780
Finance and Insurance
$124,150
Management of Companies and Enterprises
$109,840
Administrative, Support and Waste Management Services
$101,590
Professional, Scientific, and Technical Services
$100,200
Construction
$97,530

In general, they earn less within the industries below:

Educational Services
$56,370
Health Care and Social Assistance
$62,320
Public Administration
$70,210
Wholesale Trade
$71,110
Retail Trade
$85,840
Other Services (except Public Administration)
$86,800