Average salary, compensation, and wages for Financial analysts and personal financial advisors in the United StatesMedian annual earnings of financial analysts were $57,100 in 2002. The middle 50 percent earned between $43,660 and $76,620. The lowest 10 percent earned less than $34,570, and the highest 10 percent earned more than $108,060. Median annual earnings in the industries employing the largest numbers of financial analysts in 2002 were as follows:
Median annual earnings of personal financial advisors were $56,680 in 2002. The middle 50 percent earned between $36,180 and $100,540. Median annual earnings in the industries employing the largest number of personal financial advisors in 2002 were as follows:
Many financial analysts receive a bonus in addition to their salary, and the bonus can add substantially to their earnings. Usually, the bonus is based on how well their predictions compare to the actual performance of a benchmark investment. Personal financial advisors who work for financial services firms are generally paid a salary plus bonus. Advisors who work for financial-planning firms or who are self-employed either charge hourly fees for their services or charge one set fee for a comprehensive plan, based on its complexity. Advisors who manage a client�s assets usually charge a percentage of those assets. A majority of advisors receive commissions for financial products they sell, in addition to charging a fee. More information on Financial analysts and personal financial advisors from The U.S. Department of Labor Bureau of Labor Statistics Occupational Outlook Handbook Overview of Financial analysts and personal financial advisors occupation Number of Financial analysts and personal financial advisors in the U.S. Salary and earnings for Financial analysts and personal financial advisors Working conditions for Financial analysts and personal financial advisors Significant points for Financial analysts and personal financial advisors Training requirements for Financial analysts and personal financial advisors Labor Information Home | Occupational data by city | Search Rainforests | Madagascar | What's new |