Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between advisor and consultants and senior advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, a senior advisor has an average salary of $119,558, 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 a senior advisor are healthcare, project management, and risk management.
| Advisor And Consultant | Senior Advisor | |
| Yearly salary | $80,661 | $119,558 |
| Hourly rate | $38.78 | $57.48 |
| Growth rate | 11% | 10% |
| Number of jobs | 96,691 | 45,673 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 58% |
| Average age | 44 | 44 |
| Years of experience | 4 | - |
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.
A senior advisor's responsibilities will vary on the type of industry where one is involved. However, most of it will revolve around sharing extensive expertise and knowledge that is vital in a company's decision-making processes. A senior advisor must also conduct research and analysis, inspect issues, implement policies, and devise strategies that will benefit the company. Furthermore, as a senior advisor, they may have the task of mentoring less experienced professionals in their joint effort to bring more profit and significant results to the company.
Advisor and consultants and senior advisors have different pay scales, as shown below.
| Advisor And Consultant | Senior Advisor | |
| Average salary | $80,661 | $119,558 |
| Salary range | Between $51,000 And $126,000 | Between $87,000 And $162,000 |
| Highest paying City | - | Richmond, CA |
| Highest paying state | - | California |
| Best paying company | - | Kirkland & Ellis |
| Best paying industry | - | Professional |
There are a few differences between an advisor and consultant and a senior advisor in terms of educational background:
| Advisor And Consultant | Senior Advisor | |
| Most common degree | Bachelor's Degree, 63% | Bachelor's Degree, 58% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Western Carolina University |
Here are the differences between advisor and consultants' and senior advisors' demographics:
| Advisor And Consultant | Senior Advisor | |
| Average age | 44 | 44 |
| Gender ratio | Male, 71.4% Female, 28.6% | Male, 68.2% Female, 31.8% |
| 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, 6.4% Unknown, 4.6% Hispanic or Latino, 9.4% Asian, 8.8% White, 70.4% American Indian and Alaska Native, 0.4% |
| LGBT Percentage | 12% | 11% |