Financial Planner Salary Guide

Financial Planners assess clients' financial situations, set goals, create comprehensive plans (retirement, investments, tax, insurance, estate), monitor progress, and advise on investment and savings strategies to help clients meet short- and long-term objectives.

What is the average Financial Planner salary?

Entry Level

$50,000 - $70,000

Mid Level

$75,000 - $115,000

Senior Level

$120,000 - $200,000+

How does Financial Planner salary grow with experience?

$45,000 - $60,000
0-1
$60,000 - $85,000
2-4
$85,000 - $130,000
5-9
$120,000 - $250,000++
10+
Base (min)
Top of range (max)
Max: $250k

Financial Planner salary by location

New York, NY$95,000 - $200,000+
San Francisco Bay Area, CA$100,000 - $210,000+
Chicago, IL$80,000 - $160,000
Dallas / Austin, TX$70,000 - $140,000
Miami, FL$75,000 - $150,000
Base (min)
Top of range (max)

What factors affect a Financial Planner's salary?

  • Assets under management (AUM) and client base quality
  • Certifications and credentials (e.g., CFP, CFA, CPA)
  • Compensation model (fee-only, commission, salary + bonus)
  • Employer type and size (bank, independent RIA, wirehouse, family office)
  • Geographic location and local cost of living

Frequently Asked Questions About Financial Planner Salaries

How much does a Financial Planner make on average?

On average in the U.S., Financial Planners earn between $70,000 and $120,000 annually, with entry-level roles around $50K–$70K and senior planners often $120K–$200K+ depending on AUM and commissions.

What increases a Financial Planner's salary the most?

The biggest pay drivers are assets under management (AUM), professional credentials (e.g., CFP), working at a large firm or private wealth practice, and whether compensation is fee-based, commission, or salary-plus-bonus.

Do Financial Planners earn more in cities like New York or San Francisco?

Yes. Major financial hubs such as New York and San Francisco typically pay 15–40% above the national median due to higher client wealth, cost of living, and concentration of large advisory firms.

Is certification like CFP worth it for pay?

Yes. Earning a CFP often results in higher credibility and earnings: CFP holders commonly see compensation premiums of 10–25% compared with non-certified peers over time.

Earn what you're worth as a Financial Planner

A strong resume gets you to the negotiation table. Build one tailored to your role and level.

Build Your Resume Now

Explore Related Salary Guides

See how salaries compare across similar roles in the same field.