1. What is the average salary of a Financial Advisor I?
The average annual salary of Financial Advisor I is $55,408.
In case you are finding an easy salary calculator,
the average hourly pay of Financial Advisor I is $27;
the average weekly pay of Financial Advisor I is $1,066;
the average monthly pay of Financial Advisor I is $4,617.
2. Where can a Financial Advisor I earn the most?
A Financial Advisor I's earning potential can vary widely depending on several factors, including location, industry, experience, education, and the specific employer.
According to the latest salary data by Salary.com, a Financial Advisor I earns the most in San Jose, CA, where the annual salary of a Financial Advisor I is $69,886.
3. What is the highest pay for Financial Advisor I?
The highest pay for Financial Advisor I is $64,924.
4. What is the lowest pay for Financial Advisor I?
The lowest pay for Financial Advisor I is $41,106.
5. What are the responsibilities of Financial Advisor I?
Develops individualized wealth management financial plans and recommendations to help clients attain financial goals by selecting investment solutions to minimize risk and grow wealth. Uses broad knowledge of investment products to educate clients on available investment options and create planning scenarios for retirement, education savings, and other financial objectives. Keeps abreast of economic conditions and new financial products to inform and advise clients on potential enhancements to existing financial plans and create up-sell opportunities. Monitors client portfolios to ensure appropriate risk profile. Follows all regulatory and organizational policies and procedures. May be involved with selling or coordinating the purchase of additional financial products or services to clients. Requires a bachelor's degree in finance, accounting, business or equivalent. May have or be working towards the Certified Financial Planner (CFP) designation. Typically reports to a manager. Work is closely managed. Works on projects/matters of limited complexity in a support role. Typically requires 0-2 years of related experience.