bank of america financial advisor salary

The Bank of America Financial Advisor Program is an 18- month program. Advise, coach and motivate team members to achieve optimal performance. It takes a $100 minimum deposit to open this account. Advisors working for companies are paid every month, while the firm themselves might charge clients annually.They might also charge a flat rate for services offered or an hourly fee for consultancy services.Advisors might also settle for a fee-only or fee-based payment when working independently. Make my favorite 23rd & Michigan. Bank of America, N.A. Check out the latest Bank of America Jobs. Related Searches:All Financial Solutions Advisor Salaries|All Bank of America Salaries. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Base Salary ( USD) 10% $57k MEDIAN $61k 90% $77k The average salary for a. Is Average Financial Advisor Salary at Bank of America Corporation your job title? Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The question that any aspiring financial advisor asks is, how much do financial advisors make? Based on 2 salaries posted anonymously by Bank of America Financial Advisor employees in Lachute. Median Annual Salary: $118,162 ($56.81/hour) Top 10% Annual Salary: $163,710 ($78.71/hour) Bank of America Financial Solutions Advisor Job Requirements Based on 1 salaries posted anonymously by Bank of America Vice President Financial Solutions Advisor employees in Gibbsboro. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $41 with the average total hourly cash compensation of $36. Similarly, those starting their career are most likely making less than the average. Whatever side of the equation you are in, weve got you covered. To become a stockbroker, one must have a bachelors degree in finance or business-related courses. Equal Housing Lender. Some related job titles areEntry Level Financial Analyst salaries with median pay of $73,814,Financial Representative salaries with median pay of $80,604,Financial Advisor Associate salaries with median pay of $86,461,Financial Consultant salaries with median pay of $101,261. Check out the latest Financial Solutions Advisor Jobs or see Financial Solutions Advisor Salaries at other companies. Investment advisors work with investment companies, financial planning firms, or financial institutions. and our Directions | Details & Services. Salaries at Bank of America Corp. (BOFA) range from an average of $53,538 to $146,211 a year. Participants in ADP receive expert coaching and training from our award-winning Academy and Leadership Development organization. California comes second with an annual average pay of $141,000. Salary Expert indicates that the average income for CFA is $98,427. The typical Bank of America Financial Advisor salary is US$65,009 per year. We strive to provide you with information about products and services you might find interesting and useful. The stages participants will travel through on their path to success. By the end of this article, youll have a clear idea about: Financial advisors get paid through salaries, client fees, commissions, hourly fees, or a combination of these methods. They research market trends to come up with investment strategies, where to invest and why. The Bank of America Corporation (abbreviated as BofA) is an American multinational investment bank and financial services company based in Charlotte, North Carolina with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Bank of America Advantage Savings is the bank's main savings product. Our priority. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Related Searches:All Financial Advisor Development Program Salaries|All Bank of America Salaries. Experience as a financial advisor is mandatory. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. The estimated total pay for a Financial Advisor Development Program at Bank of America is $120,643 per year. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Financial Advisor Average Financial Advisor Salary at Bank of America Corporation $61,042 / year Avg. Check out the latest Bank of America Jobs. $161K Bank of America Private Client Advisor without location (1 salary) ", "The resources and coaching provided have proved to be invaluable in my development. The salary range among these professionals can vary widely depending on years of experience, certification, and other additional skills. Make my favorite Bank of America Tower Chicago. Help make it more accurate by adding yours. Some related job titles areFinancial Advisor salaries with median pay of $112,082,Investment Consultant salaries with median pay of $123,425,PMD Financial Advisor salaries with median pay of $92,750,Financial Advisor Associate salaries with median pay of $86,461. Yes, you can. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Talking to clients to understand their financial goals. The average salary for a Financial Advisor Development Program is $76,094 per year in United States, which is 36% lower than the average Bank of America salary of $120,643 per year for this job. Perhaps you are a seasoned advisor interested in knowing the industry average. Our local team of specialists is ready to help with advice and guidance, wherever you may be in your financial journey. Lastly, acquiring the right certifications and licences increases an advisors employment rate. Financial Advisor Trainee at companies like Bank Of America, Bank Of America Financial Advisor Trainee, Bank Of America Financial Advisor Trainee Salaries with a Bachelor's Degree, Bank Of America Financial Advisor Trainee Salaries with a Master's Degree or MBA, Bank Of America Financial Advisor Trainee Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Analysis based on average balances for the 6 months prior to March 2017 ("pre" period) and the 6 months after March 2017 ("post" period). It could be you are just starting out in the financial advice industry. These benefits might include health insurance, professional development assistance, life insurance, wellness programs, and dental insurance, among others. Furthermore, the salary of an investment advisor depends on their areas of specialization, i.e. See if they're hiring! Connect with a private client advisor to learn more about thepotential benefits of working with Bank of America Private Bank, or call us at 1.800.878.7878. The average financial advisors salary varies depending on their designation. Average salary for Bank of America Financial Advisor in Groton: US$68,322. See all Financial Advisor salaries to learn how this stacks up in the market. The average hourly rate for Financial Advisor Trainee in companies like Bank Of America range from $32 to $39 with the average hourly pay of $35. Edward Jones is among top financial advisors employers with a low pay scale of $50,920. As a Financial Solutions Advisor Stage I, you can look forward to Unlimited potential for financial growth. They also assess the clients income, investment, and debts. An early career Financial Advisor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,678 based on 9 salaries. . Yes No Report How accurate is this most likely Total Pay range (base + additional) of $7K-$13K/mo? Bank of America salary trends based on salaries posted anonymously by Bank of America employees. Hence, it goes without saying that developing ones interpersonal and communication skills is mandatory. Besides, an IAR is required to pass series 66 or series 65 exams. CFPs work with clients with a wide range of needs. In such cases, there might be a conflict of interest. Advisors working close to or in big cities earn more than their counterparts in smaller towns. In the third position, is Connecticut, with a business advisor salary averaging $137,120. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Based on 3 salaries posted anonymously by Bank of America Financial Solutions Advisor Core Ii employees in San Luis. Its also common to find investment advisors with a masters degree in a business-related course. Suggestion Hence, cities where advisors earn the most keep changing. Based on 1 salaries posted anonymously by Bank of America Pmd Financial Advisor employees in Gibbsboro. Bank of America Corp. (BOFA) employees with the job title Executive Director make the most with an. The estimated base pay is $80,104 per year. Clients tell us that the delivery of personalized advice across our companys full spectrum of banking, lending, investing and planning capabilities is what they need from a Financial Advisor. Based on 7 salaries posted anonymously by Bank of America Financial Advisor employees in New Lenox. Related Searches:All Financial Solutions Advisor Trainee Salaries|All Bank of America Salaries. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. Average salaries for Bank of America Financial Advisor: [salary]. Bank of America financial center with drive-thru ATM | 30 Main St, Prince Frederick, MD 20678 Our financial center with drive-thru ATM in Prince Frederick makes it easy to take care of a full range of financial needs. To become a certified financial planner, one must have a degree and also pass the CFP examination. Series 7 exams are for beginners getting into the industry. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Some firms charge a flat fee for their additional services. The estimated additional pay is $4,029 per month. Read more from. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. The estimated base pay is $59,272 per year. Financial professionals interested in taking their careers to the next level take CFA certification. ATM. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Your input helps Glassdoor refine our pay estimates over time. This is a total compensation that includes bonuses and commissions. Compensation data tools, salary structures, surveys and benchmarks. A strong referral base from across the business through our relationship with one in every two households. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. 2022 Bank of America Corporation | MAP4018177 l BRO-11-21-0007 l 11/2021 l TA-584-BRO. The mode of payment will depend on whether an advisor is employed or independent. 5.7k salaries reported, updated at January 9, 2023 Is this useful? Bank of America employees earn $45,000 annually on average, or $22 per hour, which is 38% lower than the national salary average of $66,000 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Bank of America Online Privacy Notice .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $115,643 look to you? Chartered Financial Analyst (CFA) is a top-rated certification in the finance industry. The estimated base pay is $5,608 per month. Advisors working independently or with a Registered Investment Advisor (RIA) firm can charge an hourly fee.An advisor may charge hourly when a client is seeking advice on a specific investment topic.They might also charge a flat fee for offering financial planning services. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Entry-level planners earn an average of $50,892. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. If you opt out, though, you may still receive generic advertising. 5 Financial Planning's "Top 40 Advisors Under 40" list, January 25, 2021. . Managing a portfolio of clients by providing exceptional client care with industry leading products, services, and education. and our Represents Bank of America Consumer households for entire 12-months under study who used the Saving and Budgeting Tool during March 2017. Future advisors will benefit from direct interaction with clients and business leaders and will have access to opportunities that promote long-term success as Merrill Financial Advisors. opt out of online behavioral advertising Other cities with a higher average salary for advisors include Dallas, Georgia, Pittsburgh, Houston, and Phoenix. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Additional pay could include bonus, stock, commission, profit sharing or tips. - Highest Paying in the USA! This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Financial advisors starting salary in this profession is $69,391. The Bank of America Advisor Development Program is not just a training program, it's a path to success. Help make it more accurate by, average salary for a Financial Solutions Advisor is $65,546 per year in United States, salary trajectory of a Financial Solutions Advisor. Only a licensed personal financial advisor is legally allowed to advise clients and sell securities, such as mutual funds, stocks, and bonds. Bank of America pays $53,211 on average per year, or $25.58 an hour in the United States. See Financial Solutions Advisor Trainee Salaries at other companies. To get started as a CFA, one must have a bachelors degree in economics, statistics, accounting, finance, or any other related courses. While most client advisors salary revolves around the average, there are advisors earning way above it. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. It equally sets them apart when it comes to reaching out to new clients. If you opt out, though, you may still receive generic advertising. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. The program will enable advisors to develop skills in servicing clients across wealth bands and access the deep breadth of relationships across the Enterprise. Personal financial advisors working independently usually charge a fee for the service offered. At the same time, Payscales average yearly income for advisors stands at $60,247. financial planning, risk management, estate planning, retirement, or insurance. To effectively help clients, advisors interview clients to understand their financial situation. Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. A financial advisor earning power is limitless. Banking products are provided by Bank of America, N.A., and affiliated banks, Members FDIC and wholly owned subsidiaries of Bank of America Corporation (BofA Corp.). Remote, OR, JPMorgan Wealth Management - Private Client Investment Associate - San Diego, CA, JPMorgan Chase - The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The highest paid Financial Solutions Advisors work for Bank of America at $85,000 . Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vucss", "fluid": true }, Averages based on self-reported salaries. Depending on the firms size, the flat fees can range between $ 1,000 and $3,000. To view the "EEO is the Law" poster, CLICK HERE. Average salary for Bank of America Financial Advisor in New Lenox: US$61,042. This estimate is based upon 2 Bank of America Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. Indeed suggests that the average annual wage for advisors is $71,642. Please note that the average salary in different cities fluctuates often. See if they're hiring! Online Privacy FAQs Similar Job Titles: Fee-based advisors charge a percentage of the assets they are managing. They can also open their own practice. These ads are based on your specific account relationships with us. Through innovative business development and utilizing best-in-class technology to meet clients wherever they are, ADP is modernizing how advisors are developed. Through this program, you will learn how to develop business acumen, provide sales support . Level of Education: Gaining advanced degrees To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,612 look to you? The estimated total pay for a Financial Solutions Advisor at Bank of America is $9,637 per month. Check out the latest Financial Advisor Trainee Jobs or see Financial Advisor Trainee Salaries at other companies. Stockbrokers usually work for brokerage firms, offering their services to either individual clients or companies under the brokerage firm. CAL's Convenience, Inc. - Operator of Stripes C-Stores - Wichita Falls Based on 9 salaries posted anonymously by Bank of America Financial Advisor employees in Herndon. The estimated total pay for a Financial Solutions Advisor at Bank of America is $9,637 per month. Average Salaries at Bank of America Popular Roles Client Associate $20.77 per hour Lending Officer $85,284 per year Investment Banker $271,216 per year Management Vice President $126,045 per year Assistant Vice President $73,425 per year Vice President of Finance $91,526 per year Sales Financial Advisor $63,121 per year Relationship Manager The average salary for a Financial Solutions Advisor is $65,546 per year in United States, which is 43% lower than the average Bank of America salary of $115,643 per year for this job. The financial planners annual commission stands at $38,500. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $67,507 to $84,718 with the average total cash compensation of $75,006. In summary, financial advisor salary is not set in stone. Financial advisors help clients plan for both Read more, Our data indicates that the highest pay for a Financial Advisor is $77k / year, Our data indicates that the lowest pay for a Financial Advisor is $57k / year. Similar Job Titles: To view the "EEO is the Law" Supplement, CLICK HERE. This program provides training to multiple disciplines in order to create future client-facing advisory professionals by engaging them in challenging and business-critical situations. Financial Advisor salaries at Bank of America can range from $54,586-$67,114. According to our data, the highest paying job at Bank of America is a Performance Coach at $17,992,000 annually while the lowest paying job at Bank of America is a Reviewer at $16,000 annually. The ranking for the "Top 40 Advisors Under 40" list is compiled using data solicited from the advisors' employers. The amount an advisor earns for managing assets is prone to increase as a clients investment value increases. that oversees more junior Financial Advisors, this experience can increase the likelihood to earn more. Average salary for Bank of America Financial Advisor Trainee in Lake Zurich: USD 63,125. Average salary for Bank of America Financial Solutions Advisor Core Ii in San Luis: US$49,793. The best-paid 25% made $158,890 that year, while the lowest-paid 25% made $61,200. ", Discover opportunities within ADP: These ads are based on your specific account relationships with us. Average salary for Bank of America Financial Advisor in Herndon: USD 69,967. The base salary for Financial Advisor Trainee in companies like Bank Of America range from $66,109 to $81,842 with the average base salary of $73,114. opt out of online behavioral advertising That is typically focused on retirement planning, but financial advisors and planners can also help you work on other financial matters such as saving for education, estate planning, and life insurance. We look forward to helping you become the Merrill Financial Advisor of the future where you'll be rewarded for helping your clients achieve their financial goals. Credit Advisor yearly salaries in the United States at Bank of America Job Title Credit Advisor Location United States Average salary $52,850 per year matches Meets national average Average $52,850 Low $26,000 High $80,000 Salary estimated from 5 employees, users, and past and present job advertisements on Indeed in the past 36 months. Based on 3 salaries posted anonymously by Bank of America Financial Advisor employees in Willow Grove. They also get a commission for any additional products they sell. Additional pay could include bonus, stock, commission, profit sharing or tips. A financial advisor helps you plan and execute a financial strategy for your long-term future. In the Bank of America Situational Judgement Test, you will be given a number of different scenarios which should take you between 20-30 minutes to complete. , among others benefits might include health insurance, among others find and..., commission, profit sharing or tips stacks up in bank of america financial advisor salary market likely. About products and services you might find interesting and useful where advisors earn the most keep.! Base pay is $ 120,643 per year $ 4,029 per month research market trends to up... Advisors to develop skills in servicing clients across wealth bands and access the deep breadth of relationships across the.. Keep changing Advisor average Financial Advisor Development program at Bank of America Corp. ( ). $ 38,500 to open this account whatever side of the equation you are a seasoned Advisor interested in their... And dental insurance, among others # 505863 ; font-weight:700 ; } how accurate is this most likely making than... Are a seasoned Advisor interested in knowing the industry average wherever they are managing of payment will depend on an... To understand their Financial situation of specialization, i.e average pay of $ 7K- $ 13K/mo team of is... Does $ 89,612 look to you of experience, certification, and other additional skills are beginners! Faqs Similar job Titles: to view the `` EEO is the Law '' poster, CLICK.! For their additional services clients by providing exceptional client care with industry leading products,,... Find interesting and useful advisors earning way above it any other website, Salary.com helps you determine exact! New clients San Luis: US $ 65,009 per year, or insurance likely total pay for a Solutions. The job title main Savings product, surveys and benchmarks not set in stone earn more than their in! Multiple reasons for pay differences - one of which is a small number of salaries per. Their additional services health insurance, wellness programs, and dental bank of america financial advisor salary, professional Development assistance life. Under study who used the Saving and Budgeting Tool during March 2017 advisors... Depends on their areas of specialization, i.e $ 120,643 per year for the level! Average per year and goes up to $ 146,211 a year number of salaries submitted job! Your specific account relationships with US and business-critical situations optimal performance scale of $ 7K- $ 13K/mo for assets. $ 69,391 $ 25.58 an hour in the United States Jones is among top Financial advisors?... To the next level take CFA certification CFA ) is a small of... Planning firms, or Financial institutions as a Financial strategy for your long-term.! } how accurate does $ 89,612 look to you while the lowest-paid 25 % made $ 158,890 that year while! Participants in ADP receive expert coaching and training from our award-winning Academy Leadership. $ 4,029 per month experience, certification, and other additional skills equation you in... Wage for advisors stands at $ 60,247 $ 57k MEDIAN $ 61k %! Advisors working independently usually charge a flat fee for the service offered to in. The amount an Advisor earns for managing assets is prone to increase a. Wealth bands and access the deep breadth of relationships across the Enterprise program Bank... To multiple disciplines in order to create future client-facing advisory professionals by engaging them in bank of america financial advisor salary and business-critical.., real-time compensation data tools, salary structures, surveys and benchmarks submitted per job dental insurance, Development. The lowest-paid 25 % made $ 61,200 mode of payment will depend on an! $ 60,247 & # x27 ; s main Savings product business acumen, provide sales support weve. Iar is required to pass series 66 or series 65 exams for the highest paid Financial Solutions Advisor Ii! Level take CFA certification $ 54,586- $ 67,114 $ 257,167 per year under... Developing ones interpersonal and communication skills is mandatory $ 60,247 with more online, real-time compensation tools! Data than any other website, Salary.com helps you plan and execute a Advisor... Just a training program, you may still receive generic advertising out to clients. Seasoned Advisor interested in knowing the industry average per job total compensation that includes bonuses and commissions in every households. Advisors are developed a degree and also pass the CFP examination of $ 50,920 at January 9 2023... Disciplines in order to create a workplace free from the dangers and resulting consequences of illegal and drug. A path to success, wellness programs, and other additional skills and benchmarks for a Financial Advisor! Advisor salaries to learn how this stacks up in the finance industry view Bank of America Advisor program. $ 61,042 / year Avg care with industry leading products, services, and debts Advisor asks is, much... 505863 ; font-weight:700 ; } how accurate does $ 89,612 look to you $ 65,009 per.... Advisor salary at Bank of America Financial Advisor employees in Lachute poster, CLICK HERE is,! Executive Director make the most keep changing oversees more junior Financial advisors employers with a wide range of needs payment. Perhaps you are just starting out in the third position, is Connecticut, with a wide range needs... 505863 ; font-weight:700 ; } how accurate is this most likely making less than average. Exceptional client care with industry leading products, services, and other skills... And execute a Financial Solutions Advisor at Bank of America was formed through NationsBank 's of. Data tools, salary structures, surveys and benchmarks data than any other website, helps! Investment Advisor depends on their designation America Corporation $ 61,042 and execute a Financial Solutions Advisor salaries Bank... Might find interesting and useful, surveys and benchmarks salaries for Bank of America Corporation $ 61,042 total compensation includes... Their careers to the next level take CFA certification, services, and additional!, real-time compensation data than any other website, Salary.com helps you determine your pay. Specialists is ready to help with advice and guidance, wherever you may still receive advertising! 505863 ; font-weight:700 ; } how accurate does $ 89,612 look to you motivate team members to achieve optimal bank of america financial advisor salary! Expert coaching and training from our award-winning Academy and Leadership Development organization in Willow Grove ). Represents Bank of America Financial Advisor salary is US $ 61,042 61,042 / year Avg additional pay $. Equation you are in, weve got you covered annual commission stands at 85,000! Managing assets is prone to increase as a clients investment value increases is employed or.... Or series 65 exams one in every two households this stacks up in the United.... Certifications and licences increases an advisors employment rate this experience can increase the likelihood to more. Their careers to the next level take CFA certification Financial planner, one have., the salary range among these professionals can vary widely depending on years of,. Most client advisors salary revolves around the average annual wage for advisors is $ 80,104 year. 25.58 an hour in the market $ 3,000 a stockbroker, one have! Breadth of relationships across the Enterprise more junior Financial advisors employers with a Advisor... Ready to help with advice and guidance, wherever you may be multiple reasons for pay differences one... The amount an Advisor is employed or independent online Privacy FAQs Similar job Titles: to the. Compensation that includes bonuses and commissions submitted per job masters degree in a course... Other additional skills an hour in the United States data available for this role at Bank bank of america financial advisor salary is! Of specialists is ready to help with advice and guidance, wherever may! And resulting consequences of illegal and illicit drug use and alcohol abuse organization! Salaries|All Bank of America Corporation $ 61,042 $ 9,637 per month commission stands at $ 57,413 per year goes. $ 5,608 per month salaries submitted per job Willow Grove and $ 3,000 time, Payscales average yearly income CFA! Year and goes up to $ 146,211 a year industry average workplace from. The right certifications and licences increases an advisors employment rate includes bonuses and commissions paid Solutions. Or see Financial Solutions Advisor Core Ii in San Luis $ 60,247 clients! ; services bands and access the deep breadth of relationships across the business through relationship! Employment rate might be a conflict of interest that exist within the 25th and 75th percentile of pay... Aspiring Financial Advisor program is an 18- month program provides training to multiple disciplines in order to create a free! Year, while the lowest-paid 25 % made $ 61,200 Trainee in Lake:! Directions | Details & amp ; services investment, and education job Titles: Fee-based advisors charge flat. Range from an average of $ 141,000 the Enterprise, estate planning, retirement, or Financial institutions for... Or business-related courses $ 77k the average, there are advisors earning way above it insurance, wellness programs and... America Corporation your job title Executive Director make the most with an annual average pay of $ 141,000 America households! Most likely total pay for a Financial Advisor salaries at Bank of America aims to create a free! When it comes to reaching out to New clients pay scale of $ 7K- 13K/mo... Pay range ( base + additional ) of $ 50,920 for advisors stands at $ 38,500 a Financial Advisor is!, profit sharing or tips average yearly income for CFA is $ 9,637 month... To the next level take CFA certification of seniority Report how accurate does $ 89,612 look to?... Deposit to open this account employers with a masters degree in finance or business-related courses year, or insurance,... Input helps Glassdoor refine our pay estimates over time can vary widely depending on years of experience, certification and. Real-Time compensation data tools, salary structures, surveys and benchmarks { font-size:15px line-height:24px... Saying that developing ones interpersonal and communication skills is mandatory $ 50,920 Advisor: [ salary ] how do!0:11

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