Personal Financial Advisors
Advise clients on financial plans using knowledge of tax and investment strategies, securities, insurance, pension plans, and real estate. Duties include assessing clients' assets, liabilities, cash flow, insurance coverage, tax status, and financial objectives. May also buy and sell financial assets for clients.
SOC: 13-2052.00
Common Job Titles
Certified Financial Planner (CFP)Financial AdvisorFinancial PlannerPortfolio Manager
Wage Data According to the Bureau of Labor Statistics
Annual wage data for Personal Financial Advisors (2024)
Estimated Total Employment (U.S.)
270,480
Wage Distribution by Percentile
| Metric | U.S. |
|---|---|
| 10% of workers earn the following or less | $49,990 |
| 10% of workers earn the following or more | $239,200+ |
| Workers on average earn | $160,210 |
+ indicates wage is at or above the BLS reporting cap ($239,200/year)
Skills & Requirements
Key competencies for this occupation, ranked by importance
- Customer and Personal Service4.4/5
- Economics and Accounting4.1/5
- English Language3.9/5
- Mathematics3.7/5
- Psychology3.1/5
Tools & Technology
Equipment and software commonly used in this occupation
In-Demand Technology
Frequently requested by employers in job postings
Microsoft AccessMicrosoft DynamicsMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft PowerPointMicrosoft ProjectMicrosoft SQL ServerMicrosoft Visual BasicMicrosoft WordSalesforce softwareStructured query language SQLSwift
Technology Skills
ACT! ACT4AdvisorsASI Client Acquisition SolutionAdvent AxysAdviceAmerica AdvisorVisionAdvisory World ICEAsset allocation softwareAutomatic Data Processing ProxyEdgeBrentmark Stock Option Risk Analyzer
Tools & Equipment
10-key calculatorsDesktop computersNotebook computersPersonal computersPersonal digital assistants PDATablet computers