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Salary

How much does a Financial Representative make?

The average salary for a Financial Representative is $72,128 per year in the US.

Financial Representatives play a key role in helping people manage their finances. They earn a good salary for their work. On average, a Financial Representative makes about $72,128 per year. This salary can vary based on experience, location, and the company they work for.


The salary for a Financial Representative can range widely. Some earn as little as $9,000 per year, while others make over $160,000. Here is a breakdown of the salary range:

  • 10th percentile: $9,000
  • 25th percentile: $22,727
  • 50th percentile: $36,455
  • 75th percentile: $77,636
  • 90th percentile: $146,273
This shows that with more experience and skill, a Financial Representative can earn a higher salary.

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What are the highest paying cities for a Financial Representative?

Financial Representatives can find some of the best pay in Rochester, MN, where the average salary reaches $148,753. Stamford, CT, and Buffalo, NY, follow closely with average salaries of $121,763 and $118,563, respectively. These cities offer strong opportunities for those in the financial sector.
Graph displaying highest paying cities salaries for Financial Representative jobs, highlighting Rochester, MN with the highest at $148,753 and Pueblo, CO with the lowest at $100,446.
  1. Rochester, MN
    Average Salary: $148,753
    In Rochester, financial experts thrive in a community with a strong healthcare sector. Mayo Clinic and other healthcare firms offer numerous opportunities. The city values skilled professionals who can navigate complex financial landscapes.
    Find Financial Representative jobs in Rochester, MN


  2. Stamford, CT
    Average Salary: $121,763
    Stamford boasts a dynamic financial environment with major corporations like Blackstone and Evercore. Financial professionals here enjoy a competitive salary and a chance to work with top-tier companies. The city's business-friendly atmosphere supports career growth.
    Find Financial Representative jobs in Stamford, CT


  3. Buffalo, NY
    Average Salary: $118,563
    Buffalo offers a vibrant financial scene with companies like KeyBank and M&T Bank. Financial experts here benefit from a diverse job market. The city's rich history in finance provides a solid foundation for career development.
    Find Financial Representative jobs in Buffalo, NY


  4. College Station, TX
    Average Salary: $111,945
    College Station is home to a growing financial sector with institutions like Texas A&M University. Financial professionals here enjoy a mix of academic and corporate opportunities. The city's supportive community fosters professional growth.
    Find Financial Representative jobs in College Station, TX


  5. Toledo, OH
    Average Salary: $110,455
    Toledo provides a stable financial environment with companies like Owens-Illinois and Dana. Financial experts here enjoy a balanced work-life experience. The city's industrial roots offer a unique perspective on financial management.
    Find Financial Representative jobs in Toledo, OH


  6. Salem, OR
    Average Salary: $108,217
    Salem offers a peaceful environment with a strong focus on public finance. Financial experts here work with state agencies and local businesses. The city's commitment to public service provides a rewarding career path.
    Find Financial Representative jobs in Salem, OR


  7. Springfield, MA
    Average Salary: $106,340
    Springfield has a diverse financial landscape with firms like MassMutual and American International Group. Financial professionals here enjoy a mix of insurance and banking opportunities. The city's rich history in finance offers a unique career path.
    Find Financial Representative jobs in Springfield, MA


  8. New Haven, CT
    Average Salary: $103,691
    New Haven is a hub for financial innovation with Yale University and other academic institutions. Financial experts here enjoy a vibrant job market. The city's academic environment fosters continuous learning and growth.
    Find Financial Representative jobs in New Haven, CT


  9. Washington, DC
    Average Salary: $102,391
    Washington, DC offers a dynamic financial sector with numerous federal agencies and financial institutions. Financial experts here enjoy a high-pressure but rewarding environment. The city's political influence provides unique career opportunities.
    Find Financial Representative jobs in Washington, DC


  10. Pueblo, CO
    Average Salary: $100,446
    Pueblo provides a stable financial environment with companies like CenturyLink and UCHealth. Financial experts here enjoy a balanced lifestyle. The city's strong community ties support professional development.
    Find Financial Representative jobs in Pueblo, CO

What are the best companies a Financial Representative can work for?

Job seekers looking for top-paying positions as Financial Representatives should consider Raytheon, TD Bank, and American Heritage Financial, LLC. These companies offer competitive salaries, making them attractive options. Raytheon leads with a high average salary, followed closely by TD Bank and American Heritage Financial, LLC.
Graph displaying best paying company salaries for Financial Representative jobs, highlighting Raytheon with the highest at $121,882 and Northwestern Mutual with the lowest at $97,817.
  1. Raytheon
    Average Salary: $121,882
    Raytheon offers rewarding Financial Representative jobs. They operate globally, with major offices in the US, UK, and Australia. Employees enjoy a competitive salary and benefits.


  2. TD Bank
    Average Salary: $115,209
    TD Bank provides excellent opportunities for Financial Representatives. They have branches across the US and Canada. Employees benefit from a supportive work environment and career growth.


  3. American Heritage Financial, LLC
    Average Salary: $107,969
    American Heritage Financial, LLC offers high-paying roles for Financial Representatives. They operate in the US, with offices in Florida and New York. Employees enjoy a strong company culture and benefits.


  4. MassMutual
    Average Salary: $104,213
    MassMutual provides competitive salaries for Financial Representatives. They have offices in the US and Canada. Employees benefit from a stable work environment and career development.


  5. US AUTO FINANCE
    Average Salary: $103,999
    US AUTO FINANCE offers rewarding roles for Financial Representatives. They operate across the US. Employees enjoy a competitive salary and benefits.


  6. nyla
    Average Salary: $102,882
    nyla provides excellent opportunities for Financial Representatives. They operate in the US, with offices in California and New York. Employees enjoy a supportive work environment and benefits.


  7. Financial Services, Department of
    Average Salary: $102,562
    The Department of Financial Services offers rewarding roles for Financial Representatives. They operate in the US. Employees benefit from a stable work environment and benefits.


  8. United States Department of Justice
    Average Salary: $98,929
    The Department of Justice provides competitive salaries for Financial Representatives. They operate in the US. Employees benefit from a stable work environment and benefits.


  9. Fairfax County Government
    Average Salary: $98,330
    Fairfax County Government offers rewarding roles for Financial Representatives. They operate in Virginia, USA. Employees enjoy a stable work environment and benefits.


  10. Northwestern Mutual
    Average Salary: $97,817
    Northwestern Mutual provides excellent opportunities for Financial Representatives. They operate in the US. Employees benefit from a supportive work environment and benefits.

How to earn more as a Financial Representative?

A Financial Representative can increase their earnings through various strategies. Building a strong client base is key. This means understanding clients' needs and providing tailored financial advice. Networking with other professionals can lead to referrals and new clients. Attending industry events and seminars can also help expand one's professional circle.

Another factor is gaining additional certifications. These can enhance skills and knowledge, making a Financial Representative more valuable. Certifications such as Certified Financial Planner (CFP) or Chartered Financial Analyst (CFA) can be particularly beneficial. They demonstrate a commitment to the profession and can lead to higher-paying positions. Continuing education is important for staying current with industry trends and regulations. Investing in professional development can pay off in increased earnings. Finally, negotiating salary and benefits effectively is crucial. Understanding market rates and being prepared to discuss compensation can lead to higher pay. Seeking out roles with performance bonuses can also increase income potential.

Here are five factors to consider for earning more as a Financial Representative:

  1. Build a strong client base through understanding and tailored advice.
  2. Gain additional certifications to enhance skills and knowledge.
  3. Attend industry events and seminars to expand professional network.
  4. Invest in continuing education to stay current with trends and regulations.
  5. Negotiate salary and benefits effectively, including performance bonuses.

Currently 1,016 Financial Representative job openings, nationwide.

How's the job market for a Financial Representative in the US?

Learn what a Financial Representative does, how to become one, and understand the job outlook. Get simple steps to start your career as a Financial Representative today.
Position
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Financial Representative
1,016 Job Openings