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Salary

How much does a Financial Representative make?

The average salary for a Financial Representative is $69,722 per year in the US.

The salary for a Financial Representative can vary based on experience and location. On average, they earn about $69,722 per year. This role offers growth opportunities as experience increases. The lowest 10% earn around $22,727, while the highest 10% earn more than $146,000. Most representatives fall between $36,455 and $91,364 annually.

Factors influencing salary include years in the field, education level, and the specific company. For example, those with advanced degrees or certifications often see higher pay. Large financial firms usually offer higher salaries compared to smaller local agencies. Location also plays a role, with higher costs of living often leading to higher salaries. A Financial Representative working in a high-cost area may earn more than one in a lower-cost region.

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What are the highest paying cities for a Financial Representative?

Financial representatives enjoy lucrative opportunities in cities like Rochester, MN, and Stamford, CT. The average salary in Rochester hits a high of $143,573, making it a prime location for this role. Stamford, CT, offers close behind with an average salary of $123,600. These cities offer competitive salaries for financial representatives. Buffalo, NY, and Springfield, MA, also stand out with averages of $114,673 and $114,408 respectively. Job seekers aiming for top earnings should consider these cities among their search options.
Graph displaying highest paying cities salaries for Financial Representative jobs, highlighting Rochester, MN with the highest at $143,573 and Houston, TX with the lowest at $98,297.
  1. Rochester, MN
    Average Salary: $143,573
    In Rochester, working as a Financial Representative involves helping clients manage their wealth. The presence of Mayo Clinic and other healthcare institutions creates a demand for financial expertise. You’ll find plenty of opportunities with local banks and investment firms.
    Find Financial Representative jobs in Rochester, MN


  2. Stamford, CT
    Average Salary: $123,600
    Stamford offers a vibrant atmosphere for financial professionals. Companies like Xerox and United Technologies Corporation create a strong demand for financial expertise. The city's business-friendly environment provides numerous growth opportunities.
    Find Financial Representative jobs in Stamford, CT


  3. Buffalo, NY
    Average Salary: $114,673
    Buffalo is known for its diverse economy, including healthcare, manufacturing, and finance. Working here offers exposure to various financial sectors. Major employers like KeyBank and M&T Bank provide robust career paths.
    Find Financial Representative jobs in Buffalo, NY


  4. Springfield, MA
    Average Salary: $114,408
    Springfield has a rich history of manufacturing and finance. Being a Financial Representative here allows you to work with both long-established companies and growing startups. The city’s supportive business community fosters career development.
    Find Financial Representative jobs in Springfield, MA


  5. College Station, TX
    Average Salary: $112,799
    College Station benefits from its proximity to Texas A&M University. This setting leads to a high demand for financial services, especially from students and faculty. Working here offers a mix of dynamic projects and community engagement.
    Find Financial Representative jobs in College Station, TX


  6. Toledo, OH
    Average Salary: $110,543
    Toledo boasts a strong manufacturing base, particularly in automotive and glass industries. As a Financial Representative, you'll find ample opportunities with local financial institutions. The city’s emphasis on industry creates a steady flow of professional prospects.
    Find Financial Representative jobs in Toledo, OH


  7. New Haven, CT
    Average Salary: $104,078
    New Haven is home to Yale University, which boosts the demand for financial services. Working here means you’ll engage with a diverse client base, from students to faculty. Major financial institutions in the area provide excellent career advancement.
    Find Financial Representative jobs in New Haven, CT


  8. Washington, DC
    Average Salary: $102,216
    The nation’s capital offers a unique blend of opportunities in finance and government. Working as a Financial Representative here means you’ll interact with clients from various sectors, from political campaigns to corporate giants. The dynamic environment fosters continuous learning.
    Find Financial Representative jobs in Washington, DC


  9. Pueblo, CO
    Average Salary: $99,129
    Pueblo has a strong economy with a mix of manufacturing and retail. Financial Representatives here benefit from a supportive community and steady demand for financial services. Working in Pueblo means you’ll contribute to a thriving local economy.
    Find Financial Representative jobs in Pueblo, CO


  10. Houston, TX
    Average Salary: $98,297
    Houston’s diverse economy, particularly in energy and healthcare, creates a high demand for financial expertise. As a Financial Representative, you’ll work with major corporations and enjoy a dynamic work environment. The city’s growth offers numerous opportunities for career advancement.
    Find Financial Representative jobs in Houston, TX

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

Companies like KPMG, Raytheon, and TD Bank offer some of the highest salaries for financial representative roles. KPMG leads the pack with an impressive average salary of $142,328. Following closely are Raytheon and TD Bank, with average salaries of $122,533 and $117,231, respectively. Job seekers looking for strong financial opportunities may find these companies particularly attractive. Additionally, American Heritage Financial, LLC, MassMutual, and the Department of Financial Services also provide competitive salaries for financial representatives. American Heritage Financial offers an average salary of $115,000, while MassMutual and the Department of Financial Services offer $106,317 and $100,695, respectively. These companies demonstrate a commitment to rewarding their financial representatives with attractive compensation packages.
Graph displaying best paying company salaries for Financial Representative jobs, highlighting KPMG with the highest at $142,328 and LPL Financial with the lowest at $90,291.
  1. KPMG
    Average Salary: $142,328
    KPMG provides audit, tax, and advisory services. Financial Representatives work in various sectors, including banking and insurance. KPMG operates globally, with offices in major cities.


  2. Raytheon
    Average Salary: $122,533
    Raytheon focuses on defense, security, and civil markets. Financial Representatives support the company's financial strategies and investments. Raytheon has offices worldwide, including the U.S. and Europe.


  3. TD Bank
    Average Salary: $117,231
    TD Bank offers banking and financial services across the U.S. and Canada. Financial Representatives help clients with investment planning and financial management. The bank has branches across these regions.


  4. American Heritage Financial, LLC
    Average Salary: $115,000
    American Heritage Financial provides investment and insurance services. Financial Representatives assist clients with retirement planning and investment strategies. The company operates in the U.S.


  5. MassMutual
    Average Salary: $106,317
    MassMutual is an insurance company that offers life insurance, annuities, and investment products. Financial Representatives work with clients to create personalized financial plans. The company has offices across the U.S.


  6. Financial Services, Department of
    Average Salary: $100,695
    This department oversees the financial sector and economic policy. Financial Representatives support various projects and initiatives. The department operates nationally, with offices in Washington, D.C.


  7. New York Life
    Average Salary: $99,215
    New York Life provides life insurance and investment products. Financial Representatives help clients with financial planning and investments. The company operates across the U.S.


  8. Fairfax County Government
    Average Salary: $98,581
    Fairfax County Government offers various public services. Financial Representatives manage the county's financial operations and budgets. The county is located in Virginia, U.S.


  9. Fairfax County
    Average Salary: $97,590
    Fairfax County is a local government entity providing public services. Financial Representatives manage the county's finances and budgets. The county is located in Virginia, U.S.


  10. LPL Financial
    Average Salary: $90,291
    LPL Financial provides investment advisory and brokerage services. Financial Representatives help clients with investment planning. The company operates across the U.S.

How to earn more as a Financial Representative?

Earning more as a Financial Representative involves understanding key areas for improvement and growth. Focus on these areas to boost income and job satisfaction. Achieving higher earnings often requires dedication, continuous learning, and strategic planning.

Here are five essential factors to consider for increasing earnings:

  • Education and Certifications: Completing relevant courses and earning certifications can make a representative more knowledgeable and competitive. Employers often value these credentials and may offer higher pay for skilled professionals.
  • Experience: Gaining experience in the financial industry leads to a deeper understanding of market trends and client needs. More experienced representatives can often secure higher positions with better pay.
  • Client Relationships: Building strong relationships with clients can lead to repeat business and referrals. Happy clients often lead to more business, which can increase earnings.
  • Sales Skills: Improving sales techniques can lead to better performance and higher commissions. Representatives who can effectively sell financial products typically earn more.
  • Network and Connections: Having a strong professional network can lead to new opportunities and higher-paying positions. Networking with other industry professionals can open doors to better job offers.

Currently 901 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.
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Financial Representative
901 Job Openings