Bank advisor demographics and statistics in the US
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Bank advisor demographics by:
Bank advisor gender statistics
38.7% of bank advisors are women and 61.3% of bank advisors are men.
- Male, 61.3%
- Female, 38.7%
Bank advisor gender ratio
| Gender | Percentages |
|---|---|
| Male | 61.3% |
| Female | 38.7% |
Bank advisor gender pay gap
Women earn 88¢ for every $1 earned by men
Male income
$89,270
Female income
$78,270
Bank advisor gender ratio over time
This data breaks down the percentage of men and women in bank advisor positions over time. Currently, 38.7% of bank advisors are female.
Bank advisor gender ratio by year
| Year | Male | Female |
|---|---|---|
| 2010 | 61.54% | 38.46% |
| 2011 | 60.62% | 39.38% |
| 2012 | 62.61% | 37.39% |
| 2013 | 60.25% | 39.75% |
| 2014 | 60.30% | 39.70% |
| 2015 | 62.17% | 37.83% |
| 2016 | 61.72% | 38.28% |
| 2017 | 59.00% | 41.00% |
| 2018 | 61.69% | 38.31% |
| 2019 | 62.29% | 37.71% |
| 2020 | 61.60% | 38.40% |
| 2021 | 61.29% | 38.71% |
Bank advisor related jobs gender ratio
We compared bank advisors with similar job titles to see how gender ratios vary. As you can see, renewable energy system finance specialist and chartered finance analyst have the biggest gender ratio gaps.
| Job title | Male | Female |
|---|---|---|
| Escrow Officer | 15% | 85% |
| Customs Verifier | 20% | 80% |
| Credit Assistant | 20% | 80% |
| Bank Advisor | 61% | 39% |
| Head Analyst | 86% | 14% |
| Chartered Finance Analyst | 90% | 10% |
| Renewable Energy System Finance Specialist | 92% | 8% |
Male
Female
100%
75%
50%
25%
0%
0%
25%
50%
75%
100%
Bank advisor demographics by race
The most common ethnicity among bank advisors is White, which makes up 72.1% of all bank advisors. Comparatively, 9.5% of bank advisors are Hispanic or Latino and 8.3% of bank advisors are Asian.
- White, 72.1%
- Hispanic or Latino, 9.5%
- Asian, 8.3%
- Black or African American, 5.6%
- Unknown, 4.4%
- American Indian and Alaska Native, 0.1%
Bank advisor race
| Bank advisor race | Percentages |
|---|---|
| White | 72.1% |
| Hispanic or Latino | 9.5% |
| Asian | 8.3% |
| Black or African American | 5.6% |
| Unknown | 4.4% |
| American Indian and Alaska Native | 0.1% |
Bank advisor race and ethnicity over time
See how bank advisor racial and ethnic diversity trended since 2010 according to the United States Census Bureau data.
Bank advisor race and ethnicity by year
| Year | White | Black or African American | Asian | Hispanic or Latino |
|---|---|---|---|---|
| 2010 | 78.69% | 5.65% | 7.52% | 6.73% |
| 2011 | 78.76% | 5.77% | 7.24% | 6.61% |
| 2012 | 77.87% | 5.62% | 7.88% | 7.02% |
| 2013 | 76.27% | 5.79% | 8.66% | 7.55% |
| 2014 | 76.91% | 6.12% | 8.37% | 7.13% |
| 2015 | 77.46% | 5.63% | 8.37% | 6.92% |
| 2016 | 76.79% | 5.44% | 8.87% | 7.30% |
| 2017 | 75.59% | 5.55% | 9.24% | 7.80% |
| 2018 | 76.61% | 5.42% | 8.16% | 7.93% |
| 2019 | 76.55% | 5.14% | 8.60% | 7.62% |
| 2020 | 73.33% | 5.87% | 8.76% | 8.54% |
| 2021 | 72.12% | 5.64% | 8.31% | 9.46% |
Bank advisor wage gap by race
According to our data, asian bank advisors have the highest average salary compared to other ethnicities. Black or african american bank advisors have the lowest average salary at $81,829.
| Ethnicity | Salary |
|---|---|
| Unknown | $89,584 |
| White | $92,496 |
| Black or African American | $81,829 |
| Asian | $93,154 |
| Hispanic or Latino | $89,756 |
Average bank advisor age
See how the average age of bank advisors varies based on ethnicity and gender.
Male
Female
Bank advisor age by race and gender
| Race | Male age | Female age |
|---|---|---|
| Unknown | 42 | 46 |
| White | 44 | 45 |
| Black or African American | 41.5 | 44 |
| Asian | 42 | 42 |
| Hispanic or Latino | 40 | 45 |
Bank advisor age breakdown
The average age of bank advisors is 40+ years years old, representing 61% of the bank advisor population.
Bank advisor age breakdown
| Bank Advisor Years | Percentages |
|---|---|
| 40+ years | 61% |
| 30-40 years | 28% |
| 20-30 years | 11% |
Bank advisor educational attainment
The most common degree for bank advisors is bachelor's degree, with 64% of bank advisors earning that degree. The second and third most common degree levels are master's degree degree at 15% and master's degree degree at 14%.
- Bachelor's, 64%
- Master's, 15%
- Associate, 14%
- High School Diploma, 4%
- Other Degrees, 3%
Bank advisors by degree level
| Bank advisor degree | Percentages |
|---|---|
| Bachelor's | 64% |
| Master's | 15% |
| Associate | 14% |
| High School Diploma | 4% |
| Other Degrees | 3% |
Bank advisor jobs you might like
Bank advisor wage gap by degree level
According to the data, bank advisors with a Doctorate degree earn more than those without, at $107,043 annually. With a Master's degree, bank advisors earn a median annual income of $100,195 compared to $93,278 for bank advisors with an Bachelor's degree.
| Education | Salary |
|---|---|
| Master's Degree | $100,195 |
| Bachelor's Degree | $93,278 |
| Doctorate Degree | $107,043 |
Bank advisor employment statistics
Most bank advisors work for a public in the finance industry.
Company size where bank advisors work
Below, you can see the size of companies where bank advisors work.
Bank advisor jobs by employer size
| Company size | Percentages |
|---|---|
| < 50 employees | 2% |
| 50 - 100 employees | 14% |
| 100 - 500 employees | 11% |
| 500 - 1,000 employees | 8% |
| 1,000 - 10,000 employees | 24% |
| > 10,000 employees | 41% |
Bank advisor jobs by company type
Employees with the bank advisor job title have their preferences when it comes to working for a company. For instance, most bank advisors prefer to work at public companies over private companies.
Bank advisor jobs by sector
| Company type | Percentages |
|---|---|
| Education | 2% |
| Public | 49% |
| Private | 46% |
| Government | 2% |
Bank advisor jobs by industry
The most common industries for bank advisors are finance, professional and technology.
Bank advisor industry statistics
| Industry | Percentages |
|---|---|
| Finance | 48% |
| Fortune 500 | 18% |
| Professional | 9% |
| Technology | 5% |
| Media | 3% |
| Internet | 2% |
| Manufacturing | 2% |
| Health Care | 2% |
| Education | 2% |
| Retail | 1% |
| Transportation | 1% |
| Government | 1% |
| Real Estate | 1% |
| Construction | 1% |
| Hospitality | 1% |
| Insurance | 1% |
Bank advisor turnover and employment statistics
Bank advisor unemployment rate over time
The unemployment rate for bank advisors between 2008 and the most recent data has varied, according to the Bureau of Labor Statistics.
Bank advisor unemployment rate by year
| Year | Bank advisor unemployment rate |
|---|---|
| 2010 | 3.85% |
| 2011 | 3.28% |
| 2012 | 2.62% |
| 2013 | 2.79% |
| 2014 | 1.97% |
| 2015 | 1.35% |
| 2016 | 1.21% |
| 2017 | 1.18% |
| 2018 | 1.95% |
| 2019 | 1.59% |
| 2020 | 1.85% |
| 2021 | 1.87% |
Average bank advisor tenure
The average bank advisor stays at their job for 1-2 years, based on the 339 bank advisors resumes in Zippia's database.
Bank advisor tenure statistics
| Number of years | Percentages |
|---|---|
| Less than 1 year | 23% |
| 1-2 years | 39% |
| 3-4 years | 13% |
| 5-7 years | 13% |
| 8-10 years | 6% |
| 11+ years | 6% |
Bank advisor LGBT ratio compared to similar jobs
Review the percent of bank advisors that are members of the LGBT community. You can see how this compares to similar jobs in the chart below.
| Job title | LGBT | Job openings |
|---|---|---|
| Bank Advisor | 4.53% | - |
| Bank Analyst | 7.33% | 62,983 |
| Auditor/Consultant | 7.40% | 29,062 |
| Income Tax Advisor | 7.56% | 65,420 |
| Tax Examiner | 7.65% | 40,004 |
| Budget Examiner | 12.94% | 2,896 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Similar bank advisor jobs LGBT demographics
| Profession | Percentages of LGBT | Job openings |
|---|---|---|
| Bank Analyst | 7.33% | 62,983 |
| Auditor/Consultant | 7.40% | 29,062 |
| Income Tax Advisor | 7.56% | 65,420 |
| Tax Examiner | 7.65% | 40,004 |
| Budget Examiner | 12.94% | 2,896 |
| Community Reinvestment ACT Officer | 19.38% | 66,311 |
Foreign languages spoken by bank advisors
The most common foreign language among bank advisors is Spanish at 34.6%. The second-most popular foreign language spoken is Portuguese at 15.4% and French is the third-most popular at 11.5%.
- Spanish, 34.6%
- Portuguese, 15.4%
- French, 11.5%
- Russian, 11.5%
- Swedish, 3.8%
- Other, 23.2%
Bank advisor languages spoken
| Foreign language | Percentages |
|---|---|
| Spanish | 34.6% |
| Portuguese | 15.4% |
| French | 11.5% |
| Russian | 11.5% |
| Swedish | 3.8% |
| Other | 23.2% |