Position
Salary

How much does a Financial Representative make?

The average salary for a Financial Representative is $67,269 per year in the US.

A Financial Representative helps people with their money. They advise on investments, insurance, and other financial choices. The average yearly salary for a Financial Representative is $67,269. This means that, on average, someone in this job earns about $32.34 per hour.

Different experiences and skills can lead to different salaries. Some Financial Representatives start at about $22,364 a year, while others reach up to $156,000. Here are some typical yearly earnings at various points in a career:

  • $9,000: Entry-level positions
  • $22,364: Early career with a few years of experience
  • $35,727: Mid-career with several years of experience
  • $49,091: Experienced in the field
  • $62,455: Senior level with significant experience
  • $75,818: High-level positions
  • $89,182: Top-level positions
  • $102,545: Very experienced and specialized roles
  • $115,909: Highly specialized and senior positions
  • $129,273: Top executive or leadership roles
  • $142,636: Very top-level positions
  • $156,000: Peak earnings in the field
View Financial Representative jobs nearby

What are the highest paying cities for a Financial Representative?

Financial representatives can find excellent opportunities in several top-tier cities. Rochester, MN, offers the highest average salary at $148,258. For those looking at Connecticut, Stamford provides a competitive average of $114,777. Just across the river in Ohio, Toledo offers a solid $112,500 for these positions. In addition to these, cities like San Francisco and Houston offer strong financial prospects, with average salaries around $105,603 and $104,830 respectively. These cities provide not only good salaries but also vibrant job markets for financial representatives.
Graph displaying highest paying cities salaries for Financial Representative jobs, highlighting Rochester, MN with the highest at $148,258 and Washington, DC with the lowest at $101,519.
  1. Rochester, MN
    Average Salary: $148,258
    In Rochester, a Financial Representative works with leading healthcare and insurance firms. These roles focus on providing financial advice and managing investments. Companies like Mayo Clinic offer great opportunities for growth.
    Find Financial Representative jobs in Rochester, MN


  2. Stamford, CT
    Average Salary: $114,777
    Stamford offers diverse roles in finance, often with banks and financial services firms. These roles involve client relationship management and providing tailored financial solutions. Prominent companies include UBS and Citigroup.
    Find Financial Representative jobs in Stamford, CT


  3. Toledo, OH
    Average Salary: $112,500
    Working in Toledo, Financial Representatives find jobs with major financial institutions. Roles here often involve loan processing and customer service. Companies like Fifth Third Bank offer solid career paths.
    Find Financial Representative jobs in Toledo, OH


  4. Buffalo, NY
    Average Salary: $112,206
    Buffalo has a strong financial sector, with many jobs in banking and insurance. Financial Representatives here focus on helping clients with their financial needs. Key employers include M&T Bank and New York Life.
    Find Financial Representative jobs in Buffalo, NY


  5. Springfield, MA
    Average Salary: $106,262
    In Springfield, Financial Representatives work with local and national financial institutions. These roles emphasize client education and investment planning. Companies like MassMutual offer robust career development.
    Find Financial Representative jobs in Springfield, MA


  6. San Francisco, CA
    Average Salary: $105,603
    San Francisco presents exciting opportunities in tech-driven finance. Financial Representatives collaborate with innovative companies. Roles often involve stock trading and investment advisory. Companies like Charles Schwab are prominent here.
    Find Financial Representative jobs in San Francisco, CA


  7. Houston, TX
    Average Salary: $104,830
    Houston offers dynamic roles in finance, especially in energy and oil sectors. Financial Representatives manage portfolios and offer investment advice. Major employers include JPMorgan Chase and Wells Fargo.
    Find Financial Representative jobs in Houston, TX


  8. Pueblo, CO
    Average Salary: $102,280
    Pueblo provides stable job opportunities in finance with local banks and credit unions. Financial Representatives here focus on personal and business loans. Companies like Bank of the West offer good career growth.
    Find Financial Representative jobs in Pueblo, CO


  9. College Station, TX
    Average Salary: $101,815
    In College Station, Financial Representatives find roles with educational and local financial institutions. These jobs often involve student loan management and investment planning. Prominent employers include local credit unions.
    Find Financial Representative jobs in College Station, TX


  10. Washington, DC
    Average Salary: $101,519
    Washington, DC, offers diverse roles in finance, often with federal and private financial firms. Financial Representatives here manage investments and provide financial planning services. Major employers include Fannie Mae and Wells Fargo.
    Find Financial Representative jobs in Washington, DC

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

KPMG, Deloitte, and Raytheon offer top salaries for Financial Representative jobs. A position at KPMG pays an average of $148,079, while Deloitte offers $131,247 and Raytheon pays $121,643. New York Life and Fairfax County Government also provide attractive compensation for this role.
Graph displaying best paying company salaries for Financial Representative jobs, highlighting KPMG with the highest at $148,079 and Edward Jones with the lowest at $86,125.
  1. KPMG
    Average Salary: $148,079
    At KPMG, Financial Representatives help clients manage their finances. KPMG operates in many major cities across the country. They offer a dynamic work environment and opportunities for growth.


  2. Deloitte
    Average Salary: $131,247
    Deloitte offers diverse roles for Financial Representatives. They focus on advisory and consulting services. Deloitte is present in major financial hubs like New York, Chicago, and San Francisco.


  3. Raytheon
    Average Salary: $121,643
    Raytheon provides opportunities for Financial Representatives in defense and technology. They have offices in key locations such as Virginia, Colorado, and California.


  4. New York Life
    Average Salary: $110,410
    New York Life offers a stable environment for Financial Representatives. They specialize in life insurance and retirement services. The company has a strong presence in major cities like New York, Boston, and Chicago.


  5. Fairfax County Government
    Average Salary: $99,122
    Fairfax County Government provides solid career opportunities for Financial Representatives. They focus on public service and community development. Fairfax County is located in Virginia.


  6. Fairfax County
    Average Salary: $98,206
    Similar to Fairfax County Government, Fairfax County offers a reliable career path. They emphasize community growth and financial management. Fairfax County is in Virginia.


  7. LPL Financial
    Average Salary: $90,456
    LPL Financial supports Financial Representatives in financial planning and investment services. They have a nationwide presence, with major offices in San Diego, Denver, and New York.


  8. New Jersey Courts
    Average Salary: $87,170
    New Jersey Courts provides opportunities in financial and administrative roles. They focus on delivering justice. The courts operate primarily in New Jersey.


  9. Modern Woodmen of America
    Average Salary: $86,232
    Modern Woodmen of America offers roles that focus on financial services and insurance. They have offices in major cities like Davenport, Iowa, and across the country.


  10. Edward Jones
    Average Salary: $86,125
    Edward Jones provides opportunities for Financial Representatives in investment and financial planning. They have a strong presence in areas like St. Louis, Missouri, and throughout the U.S.

How to earn more as a Financial Representative?

Financial representatives play a key role in helping clients manage their money. Increasing your earnings in this role can be achieved through various strategies. These strategies require dedication and a focus on professional growth. Here are some steps to consider in your journey to earn more as a financial representative.

First, continuous learning is essential. Attend workshops, take additional certifications, and stay updated on market trends. This knowledge enhances your ability to advise clients. It also positions you as a knowledgeable expert in your field. Second, building a strong network can lead to more opportunities. Connect with other professionals and attend industry events. Networking can introduce you to new clients and potential partners.

Expanding your client base is another effective way to increase earnings. Aim to serve a diverse group of clients. This approach not only increases income but also provides a broader range of experiences. Offering specialized services can also attract high-value clients. For example, retirement planning or estate planning services can command higher fees. Lastly, effective marketing of your services can draw in more clients. Utilize social media, a professional website, and email campaigns to showcase your expertise.

Here are five factors to consider in earning more as a financial representative:

  • Continuous Education: Stay updated with courses and certifications.
  • Networking: Connect with other professionals to find new opportunities.
  • Client Base Expansion: Serve a wider range of clients to increase income.
  • Specialized Services: Offer niche services like retirement or estate planning.
  • Effective Marketing: Use online platforms to showcase your expertise.

Currently 636 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
636 Job Openings