Salary & Stats (2024)

Why CFP® Certification

Financial planners are in high demand. In today's economy, people are increasingly partnering with financial planners to ensure a confident financial future.

By achievingthe CFP® certification, you can propel your career to the next level by better serving your clients and unlocking additional earning potential.

Earn more with CFP® certification

A career in financial planning is an investment that will impact your income for years to come.
CFP® professionals could earn even more.1

Check out CFP Board's Compensation Study Highlights

11–20 years

$225k

The median income for a financial planner with 10-20 years of experience.1

20+ Years

$325k

The median income for a financial planner with over 20 years of experience.1

Salary & Stats (1)

Salary Calculator

Check out our salary calculator to see what you can earn as a CFP® professional.

Calculate your potential salary

Join the ranks of more than 100,000 CFP® professionals who are enjoying the rewards that come with getting certified. Create your free account to access valuable resources and track you progress.

Start Your free account

Salary & Stats (2)

How are financial planners compensated?

Two of the compensation methods for financial planners are salaries and payouts.

  • Some companies compensate their financial planners as salaried employees.
  • Other companies compensate their financial planners based on a percentage of the revenue they generate. This payout method rewards productivity and business development success.
  • For new advisors, most companies offer some period of time where compensation is guaranteed through salaries.2

U.S. News & World Report

Financial advisors are among the top jobs for 2023, ranked #6 in Best Business Jobs and #21 in Best Jobs.³

Justin on the value of CFP® CERTIFICATION

Play Video

My career would not be where it is without the CFP® [certification]... because it instills so much trust in the relationships I have with my clients and even my colleagues trust me more."

Justin Sullivan

CFP® Professional

CFP® CERTIFICATION SETS YOU APART

Anyone can call themselves a financial advisor. Only those who have met CFP Board's high standards for certification can call themselves a CFP® professional.

FINANCIAL ADVISOR WITHOUT CERTIFICATION CFP® PROFESSIONAL
Anyone can call themselves a financial advisor Meets requirements established by CFP Board
May not have committed to act as a fiduciary Committed to CFP Board to fiduciary duty to act in clients’ best interests
72% client satisfaction 87% client satisfaction
Lower compensation on average Earns 10% more than other financial planners ¹
  • Track your progress with the CFP® Certification Tracker
  • Post your resume at the Career Center
  • Connect with a mentor who can guide you
  • Register and prepare for the exam
  • Find career and financial support
  • Connect with other candidates at our online forum
Salary & Stats (2024)

FAQs

What is the most accurate salary finder? ›

Salary.com is a salary search website where employees can understand their worth, and employers can better determine what they should be paying. Salary.com uses HR-reported aggregate market data to accurately report salary on thousands of jobs.

What is the salary statistic in the US? ›

National average income: The national average salary in the U.S. in Q4 of 2023 was $59,384, according to the U.S. Bureau of Labor Statistics. Average salary by age: The highest average earners are aged between 35 and 44, earning 13.8% more than the national average salary.

What's a good salary in 2024? ›

2024 Average Salaries by Age
Age GroupWeekly IncomeAnnual Income
20-24 years$758$39,416
25-34 years$1,080$56,160
35-44 years$1,303$67,756
45-54 years$1,275$66,300
3 more rows
Jul 12, 2024

What is a good salary in the US? ›

The average salary in the USA in 2024 has been accounted for around USD 59,640 (INR 46.4 L), while the average weekly USA job salary stood at USD 1,070 (INR 89.2 K). The highest average salary for 2023 was recorded at USD 74,984 (INR 62.5 L) for a particular set of working-class people.

What is the best website to calculate salary? ›

Use Payscale's salary calculator to see how your salary measures up. Whether you're relocating to a new town, considering a new position, or negotiating a raise, knowing how much you're worth as a professional can help you make sure you're compensated fairly for the work you do.

What website can I see everyone's salary? ›

OpenPayrolls.com is the largest searchable nationwide public salary database consisting of over 100 million salary records from employers nationwide.

What percentage of Americans make $75,000 a year? ›

Percentage distribution of household income in the United States in 2023
Annual household income in U.S. dollarsPercentage of U.S. households
35,000 to 49,99910.3%
50,000 to 74,99915.7%
75,000 to 99,99912.1%
100,000 to 149,99917%
5 more rows

What salary is top 5% in US? ›

It's a lot easier to count among the nation's top 5% of earners, SmartAsset's data shows. For instance, the U.S. income threshold to join the top 5% is $290,185 — about one-third of the income needed to be a one-percenter.

What percent of Americans make over 100k? ›

One estimate found that the median U.S. household income is $77,397. Only 18% of individual Americans make more than $100,000 a year, according to 2023 data from careers website Zippia. About 34% of U.S. households earn more than $100,000 a year, according to Zippia.

What salary is middle class? ›

Here's how much you have to earn in California to qualify as middle class, study says — between $ 61,270 to $183,810. I feel like this highlights the cost of living discrepancy found in CA.

Is 100k a year middle class? ›

The Pew Research Center defines the middle class as households that earn between two-thirds and double the median U.S. household income, which was $65,000 in 2021, according to the U.S. Census Bureau. 21 Using Pew's yardstick, middle income is made up of people who make between $43,350 and $130,000.

Can you live comfortably on 100k a year? ›

Yes, you can live comfortably on $100,000 per year, though how comfortable you are will depend on a variety of things, including where you reside, your lifestyle, and your financial commitments.

What is a livable salary in us? ›

An analysis of the living wage (as calculated in December 2022 and reflecting a compensation being offered to an individual in 2023), compiling geographically specific expenditure data for food, childcare, health care, housing, transportation, and other necessities, finds that: The living wage in the United States is ...

How much is $100 an hour? ›

$100 hourly is how much per year? If you make $100 per hour, your Yearly salary would be $208,000.

What is a comfortable salary for a single person? ›

Here, a single person needs $110,781 annually or $53.26 in hourly wages to be comfortable, according to the data. For a family of two working adults with two children, a salary of $276,557 is needed.

What is the most accurate way to calculate salary? ›

How to calculate annual income. To calculate an annual salary, multiply the gross pay (before tax deductions) by the number of pay periods per year. For example, if an employee earns $1,500 per week, the individual's annual income would be 1,500 x 52 = $78,000.

How can I find out someone's exact salary? ›

Here are eight best salary research tips:
  1. Search on Glassdoor or Levels.fyi Websites.
  2. Ask a Mentor.
  3. Do a Search on LinkedIn Salary.
  4. Look Into Actual Job Postings.
  5. Ask The Person Directly.
  6. Check The Office of Personnel Management.
  7. Use The Online Site PayScale.
  8. Include Alternative Job Titles in Your Searches.

How accurate is ZipRecruiter salary? ›

ZipRecruiter Compensation Estimates are not verified by the employer posting the job, and the actual compensation range for an advertised position may vary, perhaps considerably, from the estimated range.

How accurate are salaries on salary com? ›

All of Salary.com's data is proprietary and is based on employer-reported data. It does not contain data from individual site users, placement agencies, job postings, nor any other sources that would traditionally be characterized as "unreliable" by compensation or human resource professionals.

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