How Much Does A Financial Advisor Make Yearly The average Financial Advisor salary in the United States is 93 573 as of July 29 2024 The range for our most popular Financial Advisor positions listed below typically falls between 52 002 and 135 145 Keep in mind that salary ranges can vary widely depending on many important factors including position education certifications additional skills and the number of years you have
Annual Wage 47 570 61 200 94 170 158 890 208 000 As you can see above the lowest 10th percentile of financial advisors earned just 44 100 Meanwhile the top 10th percentile made over 208 000 or about five times as much One factor that drives this gap is industry concentration as financial advisors often wear many different How Much Does a Financial Advisor Make Financial Advisors made a median salary of 95 390 in 2022 The best paid 25 made 165 590 that year while the lowest paid 25 made 61 960 The
How Much Does A Financial Advisor Make Yearly
How Much Does A Financial Advisor Make Yearly
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90 118k The average salary for a Financial Advisor is 67 729 in 2024 Base Salary 43k 118k Bonus 2k 34k Profit Sharing A Financial Advisor in US can expect to see an entry level salary range of 36 621 to 80 747 per year based on 647 salary contributions At the highest seniority level an experienced Financial Advisor in US can make a salary range of 33 471 to 104 831 with at least 5 years of experience based on 12 316 salary contributions
How much does a Financial Advisor make in the United States Average base salary Data source tooltip for average base salary Average 71 932 Low 36 043 High 143 554 Commission 17 800 per year The average salary for a financial advisor is 71 932 per year in the United States and 17 800 commission per year 16 2k salaries reported In 2022 the median pay for financial advisors was 95 390 per year The top 10 of earners make more than 239 000 while the bottom 10 earn less than 46 700 Alaska New York New Jersey Pennsylvania and Massachusetts are the top paying states with annual rates above the median salary A bachelor s degree is a minimum requirement for
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42 Louisiana 93 600 Vermont is New England s one outlier in terms of financial advisor salary In every other New England state financial advisors earn an average annual wage in excess of The average annual profit sharing compensation ranges from 995 to 18 000 The average annual commission compensation ranges from 4 000 to 182 000 The average total pay for financial advisors
According to a 2021 Advisory HQ study on average you can expect to pay between 0 59 and 1 18 for an advisor who charges asset based fees An advisor who charges by the hour on the other hand might fall into the 120 to 300 range For advisors who charge a flat fee the cost may range from 7 500 to 55 000 How much does a Financial Advisor make As of Aug 11 2024 the average annual pay for a Financial Advisor in the United States is 102 134 a year Just in case you need a simple salary calculator that works out to be approximately 49 10 an hour This is the equivalent of 1 964 week or 8 511 month
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How Much Does A Financial Advisor Make Yearly - But they don t offer their advice for free While the typical annual financial advisor fee is thought to be 1 according to a 2023 study by Advisory HQ the average financial advisor fee is 0 59 to 1 18 per year However rates typically decrease the more money you invest You might be wondering whether it s worth paying a financial