Financial Planner Salary

Salary of a Financial Planner

These days the need of financial planners is more in dealing with various aspects in the financial matters. A student, employee or a homy, everyone needs these professionals to help them out in the financial processes. A financial planner acts like an advisor in your investments and savings. This article focuses mainly on the financial planner’s salary and gives details about other benefits in this profession.

Salary $28,940 – $95,865
Bonus $515 – $29,445
Profit Sharing $720 – $117,450
Commission $3,525 – $148,090
Total Pay $30,660 – $116,150

Average annual pay of a Financial Planner by Experience:

Experience Annual Wage Range
Less than 1 year $24,540 – $59,805
1-4 years $26,980 – $70,155
5-9 years $36,875 – $116,660
10-19 years $42,415 – $108,890
20 years or more $27,505 – $148,500

Average annual pay of a Financial Planner by City:

City Annual Wage Range
New York, New York $45,005 – $65,500
Houston, Texas $35,610 – $108,095
Atlanta, Georgia $34,025 – $41,120
San Diego, California $24,745 – $47,600
Minneapolis, Minnesota $49,600 – $89,005
Irvine, California $48,985 – $65,990
San Francisco, California $31,405 – $90,005

Average annual pay of a Financial Planner by State:

State Annual Wage Range
California $25,535 – $83,195
New York $29,365 – $142,520
Texas $27,895 – $112,345
Florida $30,915 – $78,000
Michigan $24,920 – $72,720
Illinois $25,345 – $73,975
Georgia $32,505 – $45,005

Average annual pay of a Financial Planner by Industry:

Industry Annual Wage Range
Financial Services $25,255 – $87,175
Financial Planning $31,205 – $79,345
Insurance & Financial Services $25,015 – $88,505
Investment Services $35,005 – $144,005
Asset Management $34,255 – $51,970
Banking $30,525 – $74,585
Education, College/University $32,005 – $36,305

Average annual pay of a Financial Planner by Employer Type:

Employer Type Annual Wage Range
Company $27,910 – $90,430
Private Practice/Firm $32,000 – $105,705
Self-Employed $45,005 – $116,925
College / University $31,110 – $37,135
Non-Profit Organization $37,505 – $80,070

Average annual and hourly pay of a Financial Planner by Perks:

Benefits Annual Wage Range Hourly Wage Range
401(k) $30,930 – $98,415 $11.10 – $29.90
Paid Holidays / Vacation $30,055 – $99,670 $12.05 – $20.05
Life Insurance/Disability $31,745 – $116,355 $13.55 – $20.05
Paid Sick Leave $30,205 – $108,725 $12.05 – $20.05
Education/Training $30,515 – $122,085 -
Free Drinks/Coke/Juice/Water $29,935 – $120,810 -
Casual Dress/Atmosphere $30,795 – $139,625 -

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