Financial Consulting Salary
- The annual salary for financial advisers ranges from $33,790 to $116,580. The median 50th percentile on average make around $68,200 a year. Average wage for these professionals in the U.S. depends on the industry, type of work and location.
- Financial advisers employed by various financial services companies are the top moneymakers earning $110,130 a year. These firms also employ the largest number of the professionals in the country, 52,400 as of 2009. Security and commodity brokerage houses are the second best place to work for where consultants can make an annual wage of $104,840. Advisers helping clients with tax preparation, accounting and payroll come third with an average salary of $95,850 a year. Insurance agencies are in both top five by the number of employed, 4,340, and annual mean salary, $89,920, as of 2009.
- New York is the number one state in terms of the number of employed financial consultants, 23,130, and annual mean salary, $146,460, as of 2009. Massachusetts pays the second highest salary of $139,390 a year with 5,120 employed in 2009. Pennsylvania, Alabama and Connecticut are in the top five highest paying states with annual salaries of $97,090, $108,240 and $125,210 respectively.
- BLS reports that in 2009, Worcester, Massachusetts, had the highest annual mean salary paid to financial consultants, $152,790. However, there were only 200 consultants employed in 2009 in this city. New York, New York came second with $151,510 a year. The other top five metropolises for the advisers to work in are Boston, Massachusetts, San Francisco, California, and Trenton, New Jersey. The annual salary in these cities ranges from $143,270 to $147,450, a year. New York, New York and San Francisco, California, also have some of the highest concentrations of financial advisers, 3.918 and 3.898 per thousand workers, respectively, as of 2009.
Financial Consulting Salary
Industry
U.S. States
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