$51,331
/ year
Avg. Base
Salary
(
USD
)
10%
$34k
MEDIAN
$51k
90%
$94k
The average salary for a Financial Advisor is $51,331 in 2024
Base Salary
$34k - $94k
Bonus
$3k - $117k
Profit Sharing
$2k - $26k
Commission
$10k - $395k
$44k - $455k
Based on 36 salary profiles
(last updated
Mar 07 2023
)
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What is the Pay by Experience Level for Financial Advisors?
An entry-level Financial Advisor with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of $55,813 based on 12 salaries. An early career Financial Advisor with 1-4 years of experience earns an average total compensation of $50,083 based on 16 salaries. A …Read more
What Do Financial Advisors Do?
Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Generally, they work with individuals or institutional clients to assess their financial needs and help them achieve financial goals, such as choosing investments (money market, real estate investments, stocks and bonds), and they also explain tax laws relevant to certain investments and help with insurance decisions.
Financial advisors help clients plan for both …Read more
Find your market worth –how it works:
Common Health Benefits for a Financial Advisor
Medical
89
%
Dental
86
%
Vision
89
%
None
11
%
Gender Breakdown for Financial Advisors
Male
72.4
%
Female
27.6
%
FAQs About Financial Advisors
What is the highest pay for Financial Advisors?
Our data indicates that the highest pay for a Financial Advisor is $94k / year
What is the lowest pay for Financial Advisors?
Our data indicates that the lowest pay for a Financial Advisor is $34k / year
How can Financial Advisors increase their salary?
Increasing your pay as a Financial Advisor 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 Financial Advisor that oversees more junior Financial Advisors, this experience can increase the likelihood to earn more.
