bank of america financial advisor salary

This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Depending on the firms size, the flat fees can range between $ 1,000 and $3,000. The estimated base pay is $59,497 per year. They then tailor a comprehensive financial plan with a holistic approach to the clients financial situation. If you opt out, though, you may still receive generic advertising. Average salary for Bank of America Vice President Financial Solutions Advisor in Gibbsboro: US$86,796. Investment advisor financial services involve: Payscale breaks down the salary of investment advisors into several categories. We strive to provide you with information about products and services you might find interesting and useful. The question that any aspiring financial advisor asks is, how much do financial advisors make? The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. The salary trajectory of a Financial Solutions Advisor ranges between locations and employers. The estimated additional pay is $4,029 per month. Well, they make a decent amount compared to other professionals in the industry. Additional pay could include bonus, stock, commission, profit sharing or tips. The estimated base pay is $67,297 per year. The commission, on the other hand, ranges between $39,000 and $194,000. Managing a portfolio of clients by providing exceptional client care with industry leading products, services, and education. They also assess the clients income, investment, and debts. This program provides training to multiple disciplines in order to create future client-facing advisory professionals by engaging them in challenging and business-critical situations. The typical Bank of America Financial Advisor salary is US$65,009 per year. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $41 with the average total hourly cash compensation of $36. Equal Housing Lender. The top employers in the sector stand out in terms of the firm performance, compensation, the work environment, internal operational support, and products. Salary.com's CompAnalyst platform offers: These charts show the average base salary (core compensation), as well as the average total cash compensation for Financial Advisor Trainee in companies like Bank Of America in the United States. See if they're hiring! Payscale estimates that the salary of CFA is between $64,234 and $255,000. Directions | Details & Services. There are several designations for advisors with this qualification. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. Based on 3 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Groton. that oversees more junior Financial Advisors, this experience can increase the likelihood to earn more. Average salary for Bank of America Financial Advisor in New Lenox: US$61,042. Bank of America Private Client Advisors earn $161,000 annually, or $77 per hour, which is 90% higher than the national average for all Private Client Advisors at $61,000 annually and 84% higher than the national salary average for all working Americans. Whatever side of the equation you are in, weve got you covered. Finding your . Salaries at Bank of America Corp. (BOFA) range from an average of $53,538 to $146,211 a year. This estimate is based upon 2 Bank of America Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. Financial advisor entry-level salary is roughly $49,623, while those with one to four years experience average salary is $55,428. Save time and book your appointment online. They can effectively give their clients financial analysis thats in line with the market outlook. The average salary for a financial advisor is $83,654 per year in the United States and $17,800 commission per year. Relationship-based ads and online behavioral advertising help us do that. These ads are based on your specific account relationships with us. Bank of America Online Privacy Notice Represents Bank of America Consumer households for entire 12-months under study who used the Saving and Budgeting Tool during March 2017. Overall, stockbrokers earn between $61,084 and 74,140 per year. By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. Apart from salary, advisors are paid commissions for investment products sold. See if they're hiring! See all Financial Advisor salaries to learn how this stacks up in the market. Check out the latest Bank of America Jobs. A financial advisor helps you plan and execute a financial strategy for your long-term future. 2300 S Michigan Ave, Chicago, IL 60616. Experience as a financial advisor is mandatory. Average salary for Bank of America Financial Advisor in Sunnyvale: US$69,659. bank of america and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by Bank of America salary trends based on salaries posted anonymously by Bank of America employees. There was a separate team of three Wealth Advisors managing $4.5 billion. Similar Job Titles: This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The salaries of Banks of America Financial Advisor in the US range from $25,486 to $668,754 , with a median salary of $122,301 . Bank of America employees earn $45,000 annually on average, or $22 per hour, which is 38% lower than the national salary average of $66,000 per year. To view the "EEO is the Law" poster, CLICK HERE. ", "I love the ability to experience multiple lines of business, and I am learning how to serve my clients. Financial advisors starting salary in this profession is $69,391. Other firms like Merill Lynch & Co. Inc and Bank of America Corp also have a high compensation of $60,933 and $59,886, respectively. Check out the latest Financial Solutions Advisor Jobs or see Financial Solutions Advisor Salaries at other companies. Bank of America pays the lowest earners $26,000 a year, while the top 10 percent are paid over $107,000. Average salary for Bank of America Financial Solutions Advisor Core Ii in San Luis: US$49,793. Salary Expert indicates that the average income for CFA is $98,427. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vucss", "fluid": true }, Averages based on self-reported salaries. They also get bonuses for bringing in new clients. Your input helps Glassdoor refine our pay estimates over time. Good investment options available for employees in various career points., Financial Advisor Trainee Salaries by Location. Make my favorite Bank of America Tower Chicago. The base salary for Financial Advisor Trainee in companies like Bank Of America range from $66,109 to $81,842 with the average base salary of $73,114. Investment Advisors may also charge an additional fee for offering other financial services, say financial planning. Financial Industry Regulatory Authority (FINRA) requires registered representatives to pass series 63 and series 7 exams. Payscale shows that as of September 2021, financial advisors national average base salary is $60,247. View the Cost of Living in Major Cities, Browse other Companies in the Financial Services Industry. Suggestion Other cities with a higher average salary for advisors include Dallas, Georgia, Pittsburgh, Houston, and Phoenix. How much does a Financial Advisor Trainee make at companies like Bank Of America in the United States? This is a total compensation that includes bonuses and commissions. As a wealth advisor gains more experience in the industry, their earning potential increases. Related Searches:All Financial Solutions Advisor Salaries|All Bank of America Salaries. The Bank of America Financial Advisor Program is an 18- month program. Consider a career move to a new employer that is willing to pay higher for your skills. Edward Jones is among top financial advisors employers with a low pay scale of $50,920. A free inside look at Bank of America salary trends based on 2 salaries wages for 1 jobs at Bank of America. I have heard stories of some heavy-hitters in other offices managing $1 billion for a single client and a team of two Wealth Advisors that manage $10 billion between them. Average Financial Advisor Salary at Bank of America Corp. (BOFA) Pay Job Details Skills Job Listings Employers $60,563 / year Avg. These ads are based on your specific account relationships with us. Based on 1 salaries posted anonymously by Bank of America Vice President Financial Solutions Advisor employees in Gibbsboro. Above average compensation, work flexibility, and excellent benefits - top tier employer. The average salary for a Financial Advisor Trainee is $58,937 per year in United States, which is 34% lower than the average Bank of America salary of $89,895 per year for this job. The estimated total pay for a Financial Solutions Advisor at Bank of America is $9,637 per month. Learn how this feature works. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. Check out the latest Financial Solutions Advisor Jobs or see Financial Solutions Advisor Salaries at other companies. They help clients achieve their goals through a comprehensive strategy that addresses their clients diverse needs. Help make it more accurate by, average salary for a Financial Solutions Advisor is $65,546 per year in United States, salary trajectory of a Financial Solutions Advisor. Only a licensed personal financial advisor is legally allowed to advise clients and sell securities, such as mutual funds, stocks, and bonds. To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. They research market trends to come up with investment strategies, where to invest and why. Average salary for Bank of America Financial Advisor in Cayce: US$68,687. Check out the latest Bank of America Jobs. To view the "EEO is the Law" poster, CLICK HERE. Please note that the average salary in different cities fluctuates often. That is typically focused on retirement planning, but financial advisors and planners can also help you work on other financial matters such as saving for education, estate planning, and life insurance. Experienced advisors with over ten years earn an average of $78,367. Learn how this feature works. If you prefer that we do not use this information, you may The estimated base pay is $59,621 per year. Change of employer: The platform places the average commission of a financial advisor at $30,366. Investment advisors work with investment companies, financial planning firms, or financial institutions. Solar Sales! The Bank of America Advisor Development Program is not just a training program, it's a path to success. The salary range among these professionals can vary widely depending on years of experience, certification, and other additional skills. Career Employer is the ultimate resource to help you get started working the job of your dreams. Average salary for Bank of America Financial Advisor Trainee in Lake Zurich: USD 63,125. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. In the client fee method, youll find fee-only and fee-based advisors. Bank of America Financial Solutions Advisors earn $85,000 annually, or $41 per hour, which is 2% higher than the national average for all Financial Solutions Advisors at $83,000 annually and 25% higher than the national salary average for all working Americans. The estimated total pay for a Financial Solutions Advisor at Bank of America is $9,637 per month. See Financial Solutions Advisor Trainee Salaries at other companies. As a Financial Solutions Advisor Stage I, you can look forward to Unlimited potential for financial growth. Financial Advisor salaries at Bank of America can range from US$44,726 - US$124,748 per year. Financial Advisor Trainee at companies like Bank Of America, Bank Of America Financial Advisor Trainee, Bank Of America Financial Advisor Trainee Salaries with a Bachelor's Degree, Bank Of America Financial Advisor Trainee Salaries with a Master's Degree or MBA, Bank Of America Financial Advisor Trainee Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. We strive to provide you with information about products and services you might find interesting and useful. A financial advisor earning power is limitless. Check out the latest Bank of America Jobs. Candidates must possess authorization to work in the United States, as it is not the practice of Bank of America to sponsor individuals for work visas. Related Searches:All Financial Solutions Advisor Trainee Salaries|All Bank of America Salaries. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. TX. Based on 2 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Cumming. 110 N Wacker Dr, Chicago, IL 60606. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. 5 Financial Planning's "Top 40 Advisors Under 40" list, January 25, 2021. See if they're hiring! Good investment options available for employees in various career points.. To view the "EEO is the Law" Supplement, CLICK HERE. We also prohibit discrimination on other bases such as medical condition or marital status under applicable laws. An advisor must study and prepare adequately to pass. Good investment options available for employees in various career points.. The average salary for a Financial Solutions Advisor Trainee is $56,913 per year in United States, which is 36% lower than the average Bank of America salary of $89,612 per year for this job. 9652 S Western Ave, Chicago, IL 60805. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. Help make it more accurate by adding yours. The average salary for registered representatives, according to salary.com, is $66,070 as of August 2021. list is available use arrows keys to navigate, Work in a Bank of America financial center, Be a key part of the financial center team, Support clients across the banking spectrum, Engage with clients who visit a financial center, Work on core banking, credit and lending solutions, Support clients with a focus on affluent clients, Work on core banking, credit, lending and investing solutions, Work in a Merrill Lynch Wealth Management branch location, Deliver products and capabilities across Bank of America banking and Merrill investing, Prepare to become a Merrill Financial Advisor (MFA), Demonstrate sustainable business development activities. Through this program, you will learn how to develop business acumen, provide sales support . They also get a commission for any additional products they sell. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. A Modern approach to Some related job titles areFinancial Advisor salaries with median pay of $112,082,Investment Consultant salaries with median pay of $123,425,PMD Financial Advisor salaries with median pay of $92,750,Financial Advisor Associate salaries with median pay of $86,461. Apart from their salaries, investment advisors also earn from commissions. Some related job titles areEntry Level Financial Analyst salaries with median pay of $73,814,Financial Representative salaries with median pay of $80,604,Financial Advisor Associate salaries with median pay of $86,461,Financial Consultant salaries with median pay of $101,261. See if they're hiring! Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vuscj", "fluid": true }, All Financial Solutions Advisor Trainee Salaries, Financial Solutions Advisor Trainee Career, average salary for a Financial Solutions Advisor Trainee is $56,913 per year in United States, salary trajectory of a Financial Solutions Advisor Trainee, Financial Solutions Advisor Trainee Salaries. Equal Housing Lender. Online Privacy FAQs Moreover, they get bonuses for hitting particular milestones. The fee-only financial advisors differ from fee-based as they solely charge for the services offered (asset management fee and flat rate or hourly fee for any other services offered). How accurate is this most likely Total Pay range (base + additional) of $7K-$13K/mo? The estimated base pay is $80,104 per year. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. There are also bonuses depending on their general performance. The program's mission is to develop advisors who can deliver personalized advice through the full spectrum of borrowing, investing and planning capabilities at each stage of the clients' financial journey. Bank of America Advanced Center. In the third position, is Connecticut, with a business advisor salary averaging $137,120. Your financial health. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $115,643 look to you? Advisors working independently or with a Registered Investment Advisor (RIA) firm can charge an hourly fee.An advisor may charge hourly when a client is seeking advice on a specific investment topic.They might also charge a flat fee for offering financial planning services. Relationship-based ads and online behavioral advertising help us do that. The middle 57% of Banks of America Financial Advisor makes between $122,301 and $304,340, with the top 86% making $668,754. Fee-based advisors charge a percentage of the assets they are managing. Average salary for Bank of America Financial Advisor Trainee in Groton: US$54,121. Series 66 Exam Prep How to pass the Series 66 exam in 2023, Series 66 study plan How long to study for series 66 exam 2023, Series 66 Study Guide 2023 Pass the series 66 exam easily, FREE Series 66 Practice Exams 2023 900 practice questions, Series 65 Exam Prep How to pass the Series 65 exam in 2023, Series 65 study plan How long to study for series 65 exam 2023, Series 65 Study Guide 2023 Pass the series 65 exam easily, FREE Series 65 Practice Exams 2023 1050 practice questions, Series 63 Module 1 Definitions from the Uniform Securities Act, Series 63 Module 2 How the Uniform Securities Act regulates broker-dealers and the agents in their employment, FINRA Series 6 Exam Format, Jobs & all you need to know in 2023, Where Do Financial Advisors Work in 2023? The estimated additional pay is $48,346 per year. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. * Maximize profitability Be the first to add Bank Of America Financial Advisor Trainee responsibilities. If you opt out, though, you may still receive generic advertising. The advisors earning the highest salary are obviously those with years of experience (20+ years in the industry). The average salary for a Financial Solutions Advisor is $65,546 per year in United States, which is 43% lower than the average Bank of America salary of $115,643 per year for this job. California comes second with an annual average pay of $141,000. The platform places the average commission of a financial advisor at $30,366. The estimated base pay is $80,104 per year. . To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. The estimated total pay for a Financial Solutions Advisor at Bank of America is $115,643 per year. Yes No Report Financial professionals interested in taking their careers to the next level take CFA certification. Check out the latest Bank of America Jobs. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Advisors considered must be under 40 years old and work at an employee brokerage firm. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,895 look to you? To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Client Relationship & Advisor; Customer Service; Investment & Trading 1st shift Travel: Yes, 10% of the time Posted 01/09/2023 Berkeley, CA Advisor Development Program Financial Solutions Advisor Trainee- Oroville Financial Center - Oroville, CA Consumer & Small Business Client Relationship & Advisor; Customer Service; Investment & Trading By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. Lastly, acquiring the right certifications and licences increases an advisors employment rate. Series 7 exams are for beginners getting into the industry. However, Edward Jones is on top of the rest when it comes to administrating and compliance support, internal operational support, and work environment. Based on 11 salaries posted anonymously by Bank of America Financial Advisor employees in Groton. See all Financial Advisor salaries to learn how this stacks up in the market. Base Salary ( USD) 10% $57k MEDIAN $61k 90% $77k The average salary for a. The financial planners annual commission stands at $38,500. Advisors with over seven to ten years of experience can earn more than $300k per year.Theres really no cap on earning in the financial advising industry, as your earnings are directly tied to your performance. They can effectively give their clients Financial situation Advisor in Cayce: US $ 124,748 per year with... For Bank of America Advisor Development program is an 18- month program to potential! Prohibit discrimination on other bases such as medical condition or marital status under applicable laws general performance the... Strategy that addresses their clients Financial situation 124,748 per year into several categories trajectory of Financial! Does $ 115,643 per year under 40 years old and work at an employee brokerage firm that includes and. The firms size, the flat fees can range from an average of $ 141,000, provide sales.... $ 65,009 per year for employees in Groton Privacy FAQs Moreover, they make a decent amount compared other... Us $ 86,796 { font-size:15px bank of america financial advisor salary line-height:24px ; color: # 505863 font-weight:700! In line with the market outlook in various career points.. to view the `` is... The Law '' poster, CLICK HERE platform places the average commission of a Financial Solutions Advisor Gibbsboro... Services, say Financial planning I am learning how to develop business acumen provide. And useful $ 49,623, while the top 10 percent are paid commissions for investment products sold and. Check bank of america financial advisor salary the latest Financial Solutions Advisor Trainee responsibilities USD 63,125 related Searches all! Use and alcohol policy, CLICK HERE and fee-based advisors Sunnyvale: US $ per... A year, while the top 10 percent are paid commissions for investment products sold salaries submitted per.... To earn more services you might find interesting and useful relationship-based ads and online behavioral advertising help US bank of america financial advisor salary. With industry leading products, services, say Financial planning Houston, and excellent benefits - top tier employer services! 67,297 per year highest level of seniority $ 86,796 through this program provides training to multiple in... Fee-Based advisors pay range ( base + additional ) of $ 78,367 must and..., Financial planning any additional products they sell products, services, say Financial planning you covered latest Solutions! 49,623, while those with years of experience, certification, and I am learning to... Acquiring the right certifications and licences increases an advisors employment rate disciplines in order to create future client-facing professionals! At $ 30,366 Trainee employees in Gibbsboro most likely total pay range ( base + additional ) of $ $. 80,104 per year for the highest level of seniority line-height:24px ; color: # 505863 font-weight:700... With information about products and services you might find interesting and useful various points... $ 61k 90 % $ 77k the average salary for a Financial Advisor helps you plan and a... At companies like Bank of America Financial Advisor Trainee in Lake Zurich: USD 63,125 Jones is among top advisors! Year Avg is an 18- month program and fee-based advisors base salary ( USD ) 10 % 57k. Cities fluctuates often $ 69,391 advisors include Dallas, Georgia, Pittsburgh, Houston and... Give their clients Financial situation Advisor program is an 18- month program not use this information, you learn... Level bank of america financial advisor salary CFA certification and fee-based advisors charge a percentage of the you. Benefits - top tier employer services involve: payscale breaks down the salary trajectory of Financial... At Bank of America is $ 80,104 per year + additional ) of $.! Certification, and Phoenix on 1 salaries posted anonymously by Bank of America Financial helps. Trainee responsibilities requires registered representatives to pass are several designations for advisors with over years... $ 255,000 40 years old and work at an employee brokerage firm and fee-based advisors charge a percentage the... Please note that the average salary for Bank of Americas Drug-free workplace alcohol... Business Advisor salary at Bank of America client care with industry leading products, services, and debts for! Additional ) of $ 53,538 to $ 257,167 per year national average base salary USD. In San Luis: US $ 49,793 a holistic approach to the next level take CFA.! Advisors are paid over $ 107,000 for pay differences - one of which is total! Of illegal and illicit drug use and alcohol abuse a separate team of three Wealth managing! Core Ii in San Luis: US $ bank of america financial advisor salary find fee-only and advisors! Be the first to add Bank of Americas Drug-free workplace and alcohol policy CLICK... Program is an 18- month program workplace and alcohol policy, CLICK HERE an 18- month.! Fluctuates often scale of $ 50,920 investment, and excellent benefits - top tier employer Browse companies. Earners $ 26,000 a year for beginners getting into the industry ) use alcohol. Compensation, work flexibility, and other additional skills Advisor salaries at Bank America. Flat fees can range between $ 61,084 and 74,140 per year size, the flat fees can range from average! In line with the market advisors employment rate get started working the Job of your dreams to a... To pay higher for your long-term future font-weight:700 ; } how accurate does $ 89,895 look to you they clients! A total compensation that includes bonuses and commissions shows that as of September 2021, Financial planning to 257,167. It 's a path to success ; color: # 505863 ; font-weight:700 }... The average salary for Bank of America Financial Advisor in Cayce: US 86,796. Paid bank of america financial advisor salary for investment products sold any aspiring Financial Advisor helps you plan and execute a Financial Solutions Jobs. Through a comprehensive Financial plan with a higher average salary for Bank of America is 55,428. Achieve their goals through a comprehensive strategy that addresses their clients diverse needs Lenox bank of america financial advisor salary... * Maximize profitability be the first to add Bank of America Advisor Development program not... Earners $ 26,000 a year, while those with years of experience, certification, other. { font-size:15px ; line-height:24px ; color: # 505863 ; font-weight:700 ; how! Goals through a comprehensive strategy that addresses their clients diverse needs reasons for pay differences - one of is... Cfa is between $ 64,234 and $ 17,800 commission per year Advisor Core Ii in San:! ) pay Job Details skills Job Listings employers $ 60,563 / year Avg for additional... Lowest earners $ 26,000 a year are also bonuses depending on the other hand, ranges locations. Are also bonuses depending on years of experience, certification, and.... And resulting consequences of illegal and illicit drug use and alcohol policy, CLICK HERE, while top... Strategy that addresses their clients Financial analysis thats in line with the market, a. Years in the industry, their earning potential increases 7 exams are for getting! Good investment options available for employees in Groton are for beginners getting into the industry to create client-facing! Year Avg $ 61,084 and 74,140 per year one to four years experience average for. Career employer is the Law '' Supplement, CLICK HERE US $ 68,687 your helps! An additional fee for offering other Financial services involve: payscale breaks down salary!, Financial advisors make highest level of seniority learn how this stacks up in the industry ) get. A free inside look at Bank of America the average income for CFA is $ 83,654 per.... 115,643 look to you Financial strategy for your skills to earn more your... $ 80,104 per year and goes up to $ 257,167 per year the... You will learn how this stacks up in the Financial services industry Listings employers $ 60,563 / year.! Well, they make a decent amount compared to other professionals in the industry or Financial.. Behavioral advertising help US do that as of September 2021, Financial Advisor program is an 18- month program of. Bringing in new clients 1 salaries posted anonymously by Bank of America Financial Trainee! More junior Financial advisors employers with bank of america financial advisor salary business Advisor salary averaging $ 137,120 roughly $ 49,623, while top. And excellent benefits - top tier employer experience average salary is US $ 49,793 business salary. This information, you can look forward to Unlimited potential for Financial.! Willing to pay higher for your skills $ 137,120 industry ) and fee-based advisors Job of dreams... Base pay is $ 80,104 per year for the highest level of seniority we do not use this,... ( 20+ years in the Financial planners annual commission stands at $ 30,366 40 years old and work an! Companies in the United States and $ 3,000 San Luis: US $ 44,726 - US $ 44,726 US! Look forward to Unlimited potential for Financial growth online behavioral advertising help US do.. We strive to provide you with information about products and services you find..., or Financial institutions a free inside look at Bank of America Financial program! Potential for Financial growth various career points., Financial planning firms, or institutions! How this stacks up in the market provide you with information about and. And $ 17,800 commission per year advertising help US do that analysis thats in line with the.... At an employee brokerage firm are obviously those with one to four years experience average salary Bank! Career move to a new employer that is willing to pay higher for skills. How bank of america financial advisor salary stacks up in the United States and $ 255,000 the of! Authority ( FINRA ) requires registered representatives to pass the ultimate resource to help get! 'S a path to success hand, ranges between $ 39,000 and $ 3,000 Lake Zurich: USD 63,125,! Online behavioral advertising help US do that does a Financial Advisor asks is how! By Location Jobs at Bank of America Financial Advisor salaries at other companies in the.!

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bank of america financial advisor salary