Client advisor vs bank advisor

The differences between client advisors and bank 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 client advisor and a bank advisor. Additionally, a bank advisor has an average salary of $90,014, which is higher than the $71,135 average annual salary of a client advisor.

The top three skills for a client advisor include customer service, business development and CRM. The most important skills for a bank advisor are financial services, CRM, and client relationships.

Client advisor vs bank advisor overview

	Client Advisor	Bank Advisor
Yearly salary	$71,135	$90,014
Hourly rate	$34.20	$43.28
Growth rate	15%	15%
Number of jobs	86,363	49,437
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Average age	45	45
Years of experience	4	4

Client advisor vs bank advisor salary

Client advisors and bank advisors have different pay scales, as shown below.

	Client Advisor	Bank Advisor
Average salary	$71,135	$90,014
Salary range	Between $40,000 And $123,000	Between $56,000 And $143,000
Highest paying City	New York, NY	-
Highest paying state	New York	-
Best paying company	BP America Inc	-
Best paying industry	-	-

Differences between client advisor and bank advisor education

There are a few differences between a client advisor and a bank advisor in terms of educational background:

	Client Advisor	Bank Advisor
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Minnesota - Twin Cities	University of Pennsylvania

Client advisor vs bank advisor demographics

Here are the differences between client advisors' and bank advisors' demographics:

	Client Advisor	Bank Advisor
Average age	45	45
Gender ratio	Male, 66.8% Female, 33.2%	Male, 61.3% Female, 38.7%
Race ratio	Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.0% Asian, 7.5% White, 71.9% 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 client advisor and bank advisor duties and responsibilities

Client advisor example responsibilities.

Manage financial portfolios, loan equities, lease maturities, and intake all lease returns.
Manage multiple complex healthcare treasury service implementations for clients and prospects.
Position require the ability to educate consumers on the BMW product line including its comparison to other high-line vehicles.
Maintain a high level of volume sales as well as CSI ranking.
Maintain higher than dealer average CSI, parts, accessories and FANDI commissions.
Utilize cross-selling and up-selling of products and services to enhance the customer's experience.

Bank advisor example responsibilities.

Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
Carry out excellent profiling, cross-selling of all products, and explaining benefits to each client.
Utilize cross-selling techniques to sell the best product for each customer's needs.
Support banking and lending activity through leveraging securities to provide lending solutions for high net worth clients.
Analyze clients' securities portfolios to ensure diversification and margin ability for credit line/loan approval.
Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.

Client advisor vs bank advisor skills

Common client advisor skills

Customer Service, 18%
Business Development, 8%
CRM, 8%
Wealth Management, 7%
Client Service, 6%
BMW, 4%

Common bank advisor skills

Financial Services, 21%
CRM, 14%
Client Relationships, 13%
Cross-Selling, 6%
Financial Solutions, 5%
Bank Products, 4%