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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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.
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.
Personal Financial Advisors tend to make the most in the following industries:
In general, they earn less within the industries below: