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Adviser vs advisor and consultant

The differences between advisers and advisor and consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, an advisor and consultant has an average salary of $80,661, which is higher than the $75,787 average annual salary of an adviser.

The top three skills for an adviser include java, provide technical assistance and workgroup. The most important skills for an advisor and consultant are mutual funds, fixed income, and client relationships.

Adviser vs advisor and consultant overview

AdviserAdvisor And Consultant
Yearly salary$75,787$80,661
Hourly rate$36.44$38.78
Growth rate10%11%
Number of jobs11,37396,691
Job satisfaction--
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 63%
Average age4244
Years of experience-4

What does an adviser do?

An Adviser provides advice and guidance to help people make realistic choices about their education, training, and work. They can work in various locations, such as schools, colleges, and local authorities.

What does an advisor and consultant do?

Advisors and consultants summarize and update the client's top management with accurate information relating to company management and finance. Besides preparing reports and investigating clients' needs, and promoting strong client relationships, advisors and consultants also offer services that result in a holistic technique to solve the current and future issues. They help the organization to have the expertise and specific skills it lacks. Moreover, advisors and consultants guide the organization on diagnosing various problems instead of waiting for the advisors' and consultants' assessments.

Adviser vs advisor and consultant salary

Advisers and advisor and consultants have different pay scales, as shown below.

AdviserAdvisor And Consultant
Average salary$75,787$80,661
Salary rangeBetween $42,000 And $134,000Between $51,000 And $126,000
Highest paying CityHartford, CT-
Highest paying stateNew Jersey-
Best paying companyKirkland & Ellis-
Best paying industryInsurance-

Differences between adviser and advisor and consultant education

There are a few differences between an adviser and an advisor and consultant in terms of educational background:

AdviserAdvisor And Consultant
Most common degreeBachelor's Degree, 56%Bachelor's Degree, 63%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaNorthwestern University

Adviser vs advisor and consultant demographics

Here are the differences between advisers' and advisor and consultants' demographics:

AdviserAdvisor And Consultant
Average age4244
Gender ratioMale, 55.5% Female, 44.5%Male, 71.4% Female, 28.6%
Race ratioBlack or African American, 10.6% Unknown, 3.8% Hispanic or Latino, 14.2% Asian, 3.7% White, 67.0% American Indian and Alaska Native, 0.6%Black or African American, 8.1% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.2% White, 66.1% American Indian and Alaska Native, 0.2%
LGBT Percentage11%12%

Differences between adviser and advisor and consultant duties and responsibilities

Adviser example responsibilities.

  • Manage personal assets using equities and options with a long/short strategy.
  • Manage IEP's to document prerequisites, transfer to subsequent institutions, and financing of education costs.
  • Adhere to BSA & OFAC policies and procedures, and take part in annual BSA & OFAC training
  • Conduct legal analysis of confidential pending international corporate environmental liability litigation.
  • Assist students with the completion of the FAFSA.
  • Gather information and create PowerPoint slides for command briefings.
  • Show more

Advisor and consultant example responsibilities.

  • Manage CSR budget and agency and provide social media monitoring reporting and analysis to business on corporate reputation and brand issues.
  • Develop financial models to determine IRR, ROI, and obtain project financing.
  • Frame initial Facebook strategy and carrier operational requirements for SMS mobile messaging and advertising.
  • Analyze internal knowledge infrastructure and develop optimized information system/organization.
  • Help start-up apply for and secure SBA funding.
  • Provide consulting services relate to funding and strategy for small businesses base on SBA guidelines.
  • Show more

Adviser vs advisor and consultant skills

Common adviser skills
  • Java, 32%
  • Provide Technical Assistance, 27%
  • Workgroup, 12%
  • Outbound Calls, 4%
  • Chemistry, 3%
  • Inbound Calls, 3%
Common advisor and consultant skills
  • Mutual Funds, 12%
  • Fixed Income, 12%
  • Client Relationships, 11%
  • Business Plan, 9%
  • Capital Markets, 6%
  • Financial Analysis, 6%

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