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Financial Advisors & Managers Salary & Career Info

There are generally two types of financial advisors and managers. The first are individuals that work with personal finances. For example, a personal financial advisor may help bank customers plan for retirement or finance a home. The second type are individuals that work as corporate financial advisors. These individuals manage, maintain, and forecast financial models for businesses and their investments. Both career paths can be very rewarding and are in high demand. For instance, the job outlook for financial analysts and those with degrees in finance is expected to grow faster than average—according to data from the U.S. Bureau of Labor Statistics.

Business professionals that work in finance are skilled with mathematical calculations (such as valuation models, financial model analysis, and market assessments). Some employers require that employees hold additional industry certifications and licenses as well in order to comply with regulations.

Average Salaries for Financial Advisors & Managers

Type of Financial Advisor or Manager Average Salary (USD) Source
Business and Financial Operations Occupations 72,410 U.S. Bureau of Labor Statistics
Financial Analysts
92,250 U.S. Bureau of Labor Statistics
Personal Financial Advisors
108,090 U.S. Bureau of Labor Statistics

Additional Resources for Financial Advisors & Managers

Financial Industry Regulatory Authority (FIRA)
The largest independent securities regulator in the U.S. The FIRA provides a variety of resources and licenses for U.S. financial professionals.