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This question is about finance consultant salaries.

Do financial consultants make good money?

By Zippia Team - Jan. 22, 2022

Yes, financial consultants make good money. The average financial consultant earns around $88,000 a year ($42.74 an hour).

However, there is a considerable range in how much a financial consultant can make, starting from as little as $58,000 to as much as $134,000 a year. Factors such as company type, years of experience, and location impact how much a financial consultant can earn.

The highest-paid financial consultants are from the companies Regions Bank, TIAA-CREF, and Deloitte. Reported salaries are highest at EY (Ernst Young), where the average pay is $78,266 a year.

Other companies that offer high salaries for this role include Deloitte and Fidelity Investments, earning on average $73,813 and $72,925 a year. Conversely, Regions Bank pays the lowest at around $42,726 a year, followed by TD Ameritrade, Inc, and TIAA-CREF, which average $52,445 and $64,116, respectively.

Highest paying states for financial consultants:

  • New York averages $101,367 a year ($48.73 an hour)

  • Washington averages $101,118 a year ($48.61 an hour)

  • Maine averages $100,916 a year ($48.52 an hour)

  • District of Columbia averages $97,639 a year ($46.94 an hour)

  • Texas averages $96,836 a year ($46.56 an hour)

Lowest paying states for financial consultants:

  • Alaska averages $40,640 a year ($19.54 an hour)

  • Oklahoma averages $50,390 a year ($24.23 an hour)

  • Missouri averages $51,951 a year ($24.98 an hour)

  • Kentucky averages $52,323 a year ($25.16 an hour)

  • Arkansas averages $56,923 a year ($27.37 an hour)

Industry type and financial consultant salary:

  • Insurance averages $101,950 a year

  • Technology averages $94,265 a year

  • Finance averages $80,590 a year

  • Health Care averages $75,427 a year

  • Retail averages $72,755 a year

Do financial consultants make good money?

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