Certified finance planner vs finance advisor

The differences between certified finance planners and finance advisors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a certified finance planner and a finance advisor. Additionally, a certified finance planner has an average salary of $75,400, which is higher than the $64,993 average annual salary of a finance advisor.

The top three skills for a certified finance planner include estate planning, securities and investment management. The most important skills for a finance advisor are team support, wealth management, and securities.

Certified finance planner vs finance advisor overview

	Certified Finance Planner	Finance Advisor
Yearly salary	$75,400	$64,993
Hourly rate	$36.25	$31.25
Growth rate	15%	15%
Number of jobs	117,578	106,311
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 74%
Average age	45	45
Years of experience	4	4

Certified finance planner vs finance advisor salary

Certified finance planners and finance advisors have different pay scales, as shown below.

	Certified Finance Planner	Finance Advisor
Average salary	$75,400	$64,993
Salary range	Between $41,000 And $138,000	Between $34,000 And $121,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Enbridge
Best paying industry	-	Finance

Differences between certified finance planner and finance advisor education

There are a few differences between a certified finance planner and a finance advisor in terms of educational background:

	Certified Finance Planner	Finance Advisor
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 74%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Minnesota - Twin Cities

Certified finance planner vs finance advisor demographics

Here are the differences between certified finance planners' and finance advisors' demographics:

	Certified Finance Planner	Finance Advisor
Average age	45	45
Gender ratio	Male, 62.6% Female, 37.4%	Male, 72.3% Female, 27.7%
Race ratio	Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.0% Asian, 7.1% White, 72.3% American Indian and Alaska Native, 0.1%	Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between certified finance planner and finance advisor duties and responsibilities

Certified finance planner example responsibilities.

Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
Assist individuals whom invest monies in variable annuities.
Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
Analyze and test derivative modeling and dynamic hedging methods.

Finance advisor example responsibilities.

Manage all budget and forecast submissions into Hyperion.
Manage $3MM private investment portfolio consisting of mid-cap/large-cap equities.
Structure and manage investment portfolios using a range of financial instruments, including equity securities and fix income instruments.
Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
Research eligibility and status of all Medicare and Medicaid patients.
Perform portfolio analysis using MorningStar workstation and complete cost basis research project.

Certified finance planner vs finance advisor skills

Common certified finance planner skills

Estate Planning, 16%
Securities, 7%
Investment Management, 7%
Life Insurance, 6%
Tax Planning, 5%
Retirement Planning, 5%

Common finance advisor skills

Team Support, 7%
Wealth Management, 7%
Securities, 6%
Strong Computer, 6%
Financial Services, 6%
Client Facing, 5%

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Certified Finance Planner
Certified Finance Planner vs Finance Advisor

Updated January 8, 2025

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