Certified finance planner vs individual pension consultant

The differences between certified finance planners and individual pension consultants 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 an individual pension consultant. Additionally, a certified finance planner has an average salary of $75,400, which is higher than the $43,775 average annual salary of an individual pension consultant.

The top three skills for a certified finance planner include estate planning, securities and investment management. The most important skills for an individual pension consultant are financial issues, insurance products, and life insurance.

Certified finance planner vs individual pension consultant overview

	Certified Finance Planner	Individual Pension Consultant
Yearly salary	$75,400	$43,775
Hourly rate	$36.25	$21.05
Growth rate	15%	15%
Number of jobs	117,578	8,112
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 77%
Average age	45	45
Years of experience	4	4

Certified finance planner vs individual pension consultant salary

Certified finance planners and individual pension consultants have different pay scales, as shown below.

	Certified Finance Planner	Individual Pension Consultant
Average salary	$75,400	$43,775
Salary range	Between $41,000 And $138,000	Between $26,000 And $73,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between certified finance planner and individual pension consultant education

There are a few differences between a certified finance planner and an individual pension consultant in terms of educational background:

	Certified Finance Planner	Individual Pension Consultant
Most common degree	Bachelor's Degree, 73%	Bachelor's Degree, 77%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Minnesota - Twin Cities

Certified finance planner vs individual pension consultant demographics

Here are the differences between certified finance planners' and individual pension consultants' demographics:

	Certified Finance Planner	Individual Pension Consultant
Average age	45	45
Gender ratio	Male, 62.6% Female, 37.4%	Male, 59.8% Female, 40.2%
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, 9.4% Asian, 8.3% White, 72.2% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between certified finance planner and individual pension consultant 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.

Individual pension consultant example responsibilities.

Manage files from origination to closing, and accurately organize and review all documents for processing.
Provide financial products and services to assist the investors with their financial needs like loans, after tax annuities and IRAs.
Review and implement terms of QDRO for retirement annuities in marital dissolution proceedings.
Manage files from origination to closing, and accurately organize and review all documents for processing.
Remain current on IRA regulations and policies.
Develop fee-based blotter reporting program to address AUM reporting and compliance suitability.

Certified finance planner vs individual pension consultant skills

Common certified finance planner skills

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

Common individual pension consultant skills

Financial Issues, 38%
Insurance Products, 14%
Life Insurance, 9%
Annuities, 7%
Asset Retention, 5%
Retirement Accounts, 5%

Certified Finance Planner vs. similar jobs

Certified Finance Planner related careers

Certified Finance Planner related jobs

What similar roles do

Zippia Careers
Business and Financial Industry
Certified Finance Planner
Certified Finance Planner vs Individual Pension Consultant

Updated January 8, 2025

Browse business and financial jobs