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The differences between advisor and consultants and executive consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become an advisor and consultant, becoming an executive consultant takes usually requires 8-10 years. Additionally, an executive consultant has an average salary of $131,331, which is higher than the $80,661 average annual salary of an advisor and consultant.
The top three skills for an advisor and consultant include mutual funds, fixed income and client relationships. The most important skills for an executive consultant are healthcare, business development, and financial services.
| Advisor And Consultant | Executive Consultant | |
| Yearly salary | $80,661 | $131,331 |
| Hourly rate | $38.78 | $63.14 |
| Growth rate | 11% | 10% |
| Number of jobs | 96,691 | 118,432 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Average age | 44 | 39 |
| Years of experience | 4 | 10 |
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.
An executive consultant gives support and guidance to the company's management team. Their duties may vary depending on each client's needs. Other companies hire consultants to solve a particular problem or assist with operations, employees, or strategic planning. They advise partner companies in business development opportunities to pursue financial goals and financial growth. They can also provide consulting services for non-profit organizations to act as an executive member.
Advisor and consultants and executive consultants have different pay scales, as shown below.
| Advisor And Consultant | Executive Consultant | |
| Average salary | $80,661 | $131,331 |
| Salary range | Between $51,000 And $126,000 | Between $90,000 And $190,000 |
| Highest paying City | - | South San Francisco, CA |
| Highest paying state | - | Washington |
| Best paying company | - | Mayo Clinic |
| Best paying industry | - | Technology |
There are a few differences between an advisor and consultant and an executive consultant in terms of educational background:
| Advisor And Consultant | Executive Consultant | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between advisor and consultants' and executive consultants' demographics:
| Advisor And Consultant | Executive Consultant | |
| Average age | 44 | 39 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 67.2% Female, 32.8% |
| Race ratio | 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% | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 10% |