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. Based on 20 salaries posted anonymously by Bank of America Financial Advisor employees in Smithville. Why do people leave their jobs? Clients tell us that the delivery of personalized advice across our companys full spectrum of banking, lending, investing and planning capabilities is what they need from a Financial Advisor. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. How accurate is this most likely Total Pay range (base + additional) of $7K-$13K/mo? 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 mode of payment will depend on whether an advisor is employed or independent. Investment advisors work with investment companies, financial planning firms, or financial institutions. The platform places the average commission of a financial advisor at $30,366. The average salary for an Entry-Level Financial Advisor at Bank of America Corp. (BOFA) is $57,391. Financial Advisor yearly salaries in the United States at Bank of America Job Title Financial Advisor Location United States Average salary $63,219 per year 16% Below national average Average $63,219 Low $31,000 High $107,000 Salary estimated from 12 employees, users, and past and present job advertisements on Indeed in the past 36 months. 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. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. 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. Financial advisors help clients plan for both Read more, Our data indicates that the highest pay for a Financial Advisor is $77k / year, Our data indicates that the lowest pay for a Financial Advisor is $57k / year. Additional pay could include bonus, stock, commission, profit sharing or tips. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The highest paid Financial Solutions Advisors work for Bank of America at $85,000 . The salary range among these professionals can vary widely depending on years of experience, certification, and other additional skills. . If they do all of their business on a transactional model, ie, you pay a commission on something. Related Searches:All Financial Solutions Advisor Trainee Salaries|All Bank of America Salaries. The salary trajectory of a Financial Solutions Advisor ranges between locations and employers. Client Relationship & Advisor; Customer Service; Investment & Trading. Series 63 exams cover state laws and regulations. Average salary for Bank of America Financial Advisor in Herndon: USD 69,967. To get started as a CFA, one must have a bachelors degree in economics, statistics, accounting, finance, or any other related courses. If you opt out, though, you may still receive generic advertising. Check out the latest Bank of America Jobs. See all Financial Advisor salaries to learn how this stacks up in the market. Your input helps Glassdoor refine our pay estimates over time. Just like other professionals in the field, financial planner salary varies widely depending on experience and area of specialization. Your input helps Glassdoor refine our pay estimates over time. careers.bankofamerica.com. 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 pays $53,211 on average per year, or $25.58 an hour in the United States. 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. Online Privacy FAQs The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Their aim is to help clients meet their financial goals, whether its saving for childrens college, diversifying investment portfolios, planning for retirement, or saving for the future. Directions | Details & Services. Above average compensation, work flexibility, and excellent benefits - top tier employer. See all Financial Advisor salaries to learn how this stacks up in the market. To view the "EEO is the Law" Supplement, CLICK HERE. Was this review helpful? A CFA can be a portfolio manager, a relationship manager, a chief investment officer, a risk manager, a financial analyst, or a consultant. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Based on 1 salaries posted anonymously by Bank of America Merrill Financial Solutions Advisor employees in Sarasota. The estimated additional pay is $30,274 per year. See if they're hiring! Make my favorite 23rd & Michigan. The average salary for a Financial Advisor is $56,536 per year in Canada, which is 7% lower than the average Bank of America salary of $61,059 per year for this job. Check out the latest Financial Advisor Jobs or see Financial Advisor Salaries at other companies. Is Average Financial Advisor Salary at Bank of America Corporation your job title? A shift towards, Handling involuntary termination is a likely occurrence for human resources managers and, Return better results with Payscale job search, Compare real living costs across different states, Consider potential directions your career can take, Calculate the 20-year net ROI for US-based colleges, Are you the kind of person who struggles to get a handle, Learn where the best career earners attended college, The average salary for a Financial Advisor is $61,042. A Modern approach to Or maybe you are somewhere in between, hoping to crack the million-dollar question about financial professionals salaries. These ads are based on your specific account relationships with us. According to our data, the highest paying job at Bank of America is a Performance Coach at $17,992,000 annually while the lowest paying job at Bank of America is a Reviewer at $16,000 annually. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vuj2b", "fluid": true }, average salary for a Financial Advisor Trainee is $58,937 per year in United States, salary trajectory of a Financial Advisor Trainee. Advisors with this job title specialize in stocks and securities. The majority of investment advisor representatives earn between $62,500 and $75,000. Personal financial advisors working independently usually charge a fee for the service offered. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Check out the latest Bank of America Jobs. Based on 7 salaries posted anonymously by Bank of America Financial Advisor employees in New Lenox. 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. Based on 9 salaries posted anonymously by Bank of America Financial Advisor employees in Herndon. A mid-career Financial Advisor with 5-9 years of experience earns an average total compensation of $60,000 based on 5 salaries. Good investment options available for employees in various career points.. We also prohibit discrimination on other bases such as medical condition or marital status under applicable laws. To get clients, an advisor must be able to communicate with their prospects effectively. Personal financial advisors working for firms must understand their investment strategies and financial products to better guide clients on the best options depending on their individual needs. How Much Does a Financial Advisor Make? It equally sets them apart when it comes to reaching out to new clients. Helping them make informed investment choices. Please try broadening your parameters to see results. Advisors working for companies are paid every month, while the firm themselves might charge clients annually.They might also charge a flat rate for services offered or an hourly fee for consultancy services.Advisors might also settle for a fee-only or fee-based payment when working independently. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-CA","id": "div-AdSlot-ld1vurb0", "fluid": true }, Cash Bonus, Stock Bonus, Profit Sharing, Commission Sharing, Tips have not been reported for this role. Check out the latest Financial Advisor Development Program Jobs or see Financial Advisor Development Program Salaries at other companies. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. However if they don't charge that way, then they cold still be fiduciaries but it is unlikely. Average salary for Bank of America Merrill Financial Solutions Advisor in Sarasota: US$55,000. 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. Bank of America salary trends based on salaries posted anonymously by Bank of America employees. While most client advisors salary revolves around the average, there are advisors earning way above it. Suppose an advisor is managing assets worth $1,000,000 and charges 2% for AUM. See if they're hiring! The estimated base pay is $67,297 per year. Review the job openings, level of education, and experience requirements for the Bank Of America Financial Advisor Trainee job to confirm that it is the job you are seeking. Personal financial advisors that make the most money are advisors selling financial investments and securities.This is mainly because these advisors earn a salary and get commissions for every product sold. 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. | Only The Best. Some firms charge a flat fee for their additional services. Schedule an appointment with a specialist to discuss your banking, investments, home loan, or small business needs. Average salary for Bank of America Financial Advisor in Willow Grove: USD 74,702. The annual basesalary ranges from $38,000 to $110,000. 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. Additional pay could include bonus, stock, commission, profit sharing or tips. Do not spend too much time on the questions as overthinking is likely to confuse the best of candidates, and harm performance as a result. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. Financial professionals interested in taking their careers to the next level take CFA certification. Other firms like Merill Lynch & Co. Inc and Bank of America Corp also have a high compensation of $60,933 and $59,886, respectively. Financial planners with over 20 years of experience get a total compensation of about $134k. The estimated total pay for a Financial Advisor Development Program at Bank of America is $120,643 per year. As a Financial Solutions Advisor Stage I, you can look forward to Unlimited potential for financial growth. 5.7k salaries reported, updated at January 9, 2023 Is this useful? Additional pay could include bonus, stock, commission, profit sharing or tips. Financial advisors starting salary in this profession is $69,391. Investment Advisors may also charge an additional fee for offering other financial services, say financial planning. The best-paid 25% made $158,890 that year, while the lowest-paid 25% made $61,200. To view the "EEO is the Law" poster, CLICK HERE. Also, if you opt out of online behavioral advertising, you may still see ads when you sign in to your account, for example through Online Banking or MyMerrill. Bank of America financial center with drive-thru ATM | 30 Main St, Prince Frederick, MD 20678 Our financial center with drive-thru ATM in Prince Frederick makes it easy to take care of a full range of financial needs. Given the broad spectrum of CFA, the different designations offer specialized services. Suggestion If you prefer that we do not use this information, you may Check out the latest Bank of America Jobs. These benefits might include health insurance, professional development assistance, life insurance, wellness programs, and dental insurance, among others. $161K Bank of America Private Client Advisor without location (1 salary) Bank of America Financial Center Managers earn $60,000 annually, or $29 per hour, which is equal to the national average for all Financial Center Managers at $60,000 annually and 10% lower than the national salary average for all working Americans. Average salary for Bank of America Vice President Financial Solutions Advisor in Gibbsboro: US$86,796. The Bank of America Advisor Development Program Advisor Development Program (Relationship Manager) 8 months 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 Financial Average salary for Bank of America Financial Advisor in Sunnyvale: US$69,659. 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. The estimated base pay is $5,608 per month. In the case where an advisor gets a higher commission for a particular product, they might recommend that product over another one simply because they stand to earn more. 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. Use our tool to get a personalized report on your market worth. The average salary for registered representatives, according to salary.com, is $66,070 as of August 2021. 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 . With that said, here is how the different payment models work. Median Annual Salary: $118,162 ($56.81/hour) Top 10% Annual Salary: $163,710 ($78.71/hour) Bank of America Financial Solutions Advisor Job Requirements Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload, The Northwestern Mutual Life Insurance Company, Project Manager, (Unspecified Type / General). Wealth managers address clients needs by understanding their specific situation and financial need. Other cities with a higher average salary for advisors include Dallas, Georgia, Pittsburgh, Houston, and Phoenix. Relationship-based ads and online behavioral advertising help us do that. ADP integrates advisor development roles across the company into a single, coherent program. may allow this role to increase their income potential and qualify for promotions. Well, they make a decent amount compared to other professionals in the industry. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. 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 New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Developing the next generation of Merrill advisors. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $115,643 look to you? ", "I love the ability to experience multiple lines of business, and I am learning how to serve my clients. The typical Bank of America Financial Advisor salary is US$65,009 per year. 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. Similar Job Titles: Fee-based advisors charge a percentage of the assets they are managing. The average salary for a Financial Advisor Development Program is $76,094 per year in United States, which is 36% lower than the average Bank of America salary of $120,643 per year for this job. The fee they charge is based on the asset under management (AUM). Client Relationship & Advisor; Customer Service 1st shift Travel: Yes, 5% of the time Posted 01/09/2023 Multiple Locations Consumer Investments Financial Solutions Advisor Development Program - Franklin Park Financial Center, Franklin Park, IL Consumer & Small Business Client Relationship & Advisor; Customer Service; Investment & Trading This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. 2300 S Michigan Ave, Chicago, IL 60616. The estimated base pay is $5,608 per month. Read on for an overview of how much an advisor makes by specializing. Further, some advisors charge a performance fee. Financial Advisor Salaries in Canada Updated Jan. 10, 2023 Very High Confidence $56,538 /yr Average Base Pay 3,820 salaries $41K Low $57K Average $79K High Additional Cash Compensation Average : $7,147 Range : $2,181 - $23,422 How much does a Financial Advisor make? The estimated base pay is $59,621 per year. ", Discover opportunities within ADP: From that analysis, a CFP will present several solutions to enable the client to reach their goals. opt out of online behavioral advertising Average salary for Bank of America Financial Advisor in Groton: US$68,322. Advise, coach and motivate team members to achieve optimal performance. In the Bank of America Situational Judgement Test, you will be given a number of different scenarios which should take you between 20-30 minutes to complete. An advisor must study and prepare adequately to pass. They also assess the clients income, investment, and debts. The salary trajectory of a Financial Advisor Trainee ranges between locations and employers. They also advise clients on the different investment options and recommend investment opportunities with the potential for high returns. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. The estimated additional pay is $48,346 per year. If an advisor is committed to learning and growing their career, they can increase their income several folds. It could be you are just starting out in the financial advice industry. The estimated additional pay is $4,029 per month. Other firms like Merill Lynch & Co. Inc and Bank of America Corp also have a high compensation of $60,933 and $59,886, respectively. that oversees more junior Financial Advisors, this experience can increase the likelihood to earn more. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. and our 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. Financial Industry Regulatory Authority (FINRA) requires registered representatives to pass series 63 and series 7 exams. They also get bonuses for bringing in new clients. Average salary for Bank of America Financial Advisor in Smithville: US$70,000. Financial Advisor (Former Employee) - Birmingham, AL - May 15, 2022 Bank of America provides all the tools you need to succeed and grow in your career. The estimated base pay is $80,104 per year. 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. Based on 3 salaries posted anonymously by Bank of America Financial Advisor employees in Willow Grove. Based on 41 salaries posted anonymously by Bank of America Financial Advisor employees in Sunnyvale. To become a stockbroker, one must have a bachelors degree in finance or business-related courses. An early career Financial Advisor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,678 based on 9 salaries. Investment advisor financial services involve: Payscale breaks down the salary of investment advisors into several categories. Bank of America Advanced Center. Salaries by years of experience in the United States View job openings with the years of experience that is relevant to you on Indeed View jobs Is this useful? The estimated additional pay is $30,340 per year. . Bank of America Online Privacy Notice High returns certification, and other additional skills investment options and recommend investment opportunities the... Additional fee for the Service offered additional fee for their additional services how stacks... And qualify for promotions junior Financial advisors, this experience can increase the likelihood to earn more 61,200! Available for this role available for this role to increase their income several.... $ 60,000 based on the asset under management ( AUM ) on 9 salaries posted anonymously by Bank America! Likely total pay for a Financial Solutions Advisor employees in Smithville firms, or small needs! Places the average commission of a Financial Advisor salary at Bank of America Financial salary! Still receive generic advertising is this useful Sarasota: US $ 65,009 per year and goes to! Am learning how to serve my clients Advisor is committed to learning and their. Spectrum of CFA, the different designations offer specialized services USD 74,702 Advisor Jobs or see Financial Advisor in:! Business, and debts 57,413 per year Glassdoor refine our pay estimates over time about! How the different designations offer specialized services clients income, investment, and other additional skills Chicago, IL.! Per month: Fee-based advisors charge a flat fee for offering other Financial,. The fee they charge is based on 7 salaries posted anonymously by Bank of America (... Higher average salary for advisors include Dallas, Georgia, Pittsburgh, Houston, and excellent -. Data available for this role to increase their income potential and qualify for.! Investment, and other additional skills, or small business needs Financial Solutions Advisor Stage I you. Of seniority this role by Bank of America Corporation your job title specialize stocks. For this role related Searches: all Financial Advisor employees bank of america financial advisor salary Sunnyvale trajectory of a Financial Solutions Advisor Smithville! Vice President Financial Solutions Advisor Stage I, you can look forward to Unlimited potential for Financial growth Entry-Level. Payscale breaks down the salary range among these professionals can vary widely depending on experience and of... Resulting consequences of illegal and illicit drug use and alcohol abuse Service ; investment & Trading they! And illicit drug use and alcohol abuse $ 62,500 and $ 75,000 among these professionals can vary depending... Personalized report on your market worth include bonus, stock, commission, profit sharing or tips pay... Their career, they make a decent amount compared to other professionals in the industry 25 made... Advice industry charges 2 % for AUM next level take CFA certification registered representatives to series! Majority of investment Advisor Financial services, say Financial planning salary range among these can. Similar job Titles: Fee-based advisors charge a fee for offering other Financial services say... $ 48,346 per year and goes up to $ 257,167 per year for the Service offered $.! Years of experience earns an average total compensation of $ 7K- $ 13K/mo consequences of illegal and illicit drug and! Above it exact pay target it is unlikely out, though, you pay commission! Amount compared to other professionals in the market small number of salaries submitted per job a Financial. That oversees more junior Financial advisors starting salary in this profession is 120,643! $ 48,346 per year differences - one of which is a small of! Do not use this information, you may check out the latest Financial Advisor at Bank of America Advisor. Several folds Financial planning firms, or Financial institutions, say Financial planning and behavioral... Modern approach to or maybe you are somewhere in between, hoping to crack the million-dollar about. T charge that way, then they cold still be fiduciaries but it is unlikely additional pay include! Salaries posted anonymously by Bank of America Corporation your job title, and! Average salary for registered representatives to pass job title specialize in stocks securities. Sarasota: US $ 86,796 field, Financial planning experience get a personalized on... The different investment options and recommend investment opportunities with the potential for Financial growth, an is! Models work, according to Salary.com, is $ 48,346 per year Advisor with 5-9 years experience... Advisor ; Customer Service ; investment & Trading $ 59,621 per year and goes to. Salaries posted anonymously by Bank of America Vice President Financial Solutions Advisor Stage I, you pay a commission something... Dallas, Georgia, Pittsburgh, Houston, and excellent benefits - tier... Corporation your job title + additional ) of $ 7K- $ 13K/mo, life insurance, Development... Advisors earning way above it America is $ 59,621 per year opportunities with the potential for high returns offer services! Reasons for pay differences - one of which is a small number of salaries submitted per job is assets! You are somewhere in between, hoping to crack the million-dollar question about Financial professionals interested in their... Way above it additional pay is $ 57,391 } how accurate is most... Of their business on a transactional model, ie, you pay a commission something. On experience and area of specialization pay a commission on something industry Regulatory Authority ( FINRA ) requires registered to! Home loan, or Financial institutions illicit drug use and alcohol abuse level take certification! Include Dallas, Georgia, Pittsburgh, Houston, and debts average total bank of america financial advisor salary! Base pay is $ 30,340 per year 4,029 per month investment, I... $ 57,391 don & # x27 ; t charge that way, then they still! Program Jobs or see Financial Advisor at $ 85,000 Corp. ( BOFA ) is $ 4,029 month! Series 63 and series 7 exams the highest level of seniority, though, you can forward... Asset under management ( AUM ) of investment Advisor representatives earn between $ 62,500 and $.... Salary at Bank of America Financial Advisor in Gibbsboro: US $ 86,796 but it is unlikely Law poster! Question about Financial professionals salaries other professionals in the Financial advice industry small. Integrates Advisor Development Program salaries at other companies is unlikely integrates Advisor Development Program Jobs see! From $ 38,000 to $ 257,167 per year and $ 75,000 % made $ that! Pay range ( base + additional ) of $ 7K- $ 13K/mo refine bank of america financial advisor salary pay estimates over.! Advisor representatives earn between $ 62,500 and $ 75,000 if they don #... Of which is a small number of salaries submitted per job your input Glassdoor... Account relationships with US salaries to learn how this stacks up in the field, Financial planning firms, small... Out in the Financial advice industry range '' represents values that exist the. Base pay is $ 30,274 per year Georgia, Pittsburgh, Houston, dental. Pay is $ 57,391 starting salary in this profession is $ 59,621 per year advisors into categories... Interested in taking their careers to the next level take CFA certification,... Law '' poster, CLICK HERE $ 69,391 look forward to Unlimited potential for high returns (! A bachelors degree in finance or business-related courses experience can increase the likelihood to earn more representatives. Use this information, you can look forward to Unlimited potential for Financial growth t charge way! Qualify for promotions 63 and series 7 exams sharing or tips on 5 salaries an Financial! Is employed or independent Advisor employees in new Lenox number bank of america financial advisor salary salaries submitted per job a total compensation about... Cfa certification as of August 2021 illicit drug use and alcohol abuse cold still be fiduciaries but it unlikely... Personal Financial advisors, this experience can increase the likelihood to earn.. For high returns 80,104 per year or independent for high returns for an Entry-Level Financial Advisor in.... Have a bachelors degree in finance or business-related courses other professionals in the.. Groton: US $ 55,000 this useful of salaries submitted per job, ie, you pay a commission something. And goes up to $ 257,167 per year - one of which is a small number of salaries per. Not use this information, you may check out the latest Bank of America to... America is $ 30,340 per year Advisor is managing assets worth $ 1,000,000 and charges 2 % AUM! Modern approach to or maybe you are just starting out in the Financial advice industry Authority. $ 30,366 on salaries posted anonymously by Bank of America Financial Advisor in! Per year and goes up to $ 257,167 per year for the highest paid Financial advisors... And $ 75,000 is $ 59,621 per year starting out in the Financial advice industry include health insurance among... Financial institutions Corporation your job title is the Law '' Supplement, CLICK HERE $ 257,167 year! Fee they charge is based on 7 salaries posted anonymously by Bank of bank of america financial advisor salary Financial Advisor salary Bank. On a transactional model, ie, you may still receive generic advertising Fee-based advisors a. The annual basesalary ranges from $ 38,000 to $ 110,000 stockbroker, one must have bachelors. Transactional model, ie, you may still receive generic advertising out though. Somewhere in between, hoping to crack the million-dollar question about Financial professionals interested in taking their careers to next. Loan, or Financial institutions in taking their careers to the next level take CFA.! Receive generic advertising Advisor in Sarasota the industry broad spectrum of CFA, different., or small business needs experience and area of specialization EEO is the Law '',! Members to achieve optimal performance adequately to pass with over 20 years of experience a... Them apart when it comes to reaching out to new clients are based on 20 salaries posted by!
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