Estate planner vs bank advisor

The differences between estate planners 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 an estate planner and a bank advisor. Additionally, an estate planner has an average salary of $96,182, which is higher than the $90,014 average annual salary of a bank advisor.

The top three skills for an estate planner include financial products, financial analysis and term care. The most important skills for a bank advisor are financial services, CRM, and client relationships.

Estate planner vs bank advisor overview

	Estate Planner	Bank Advisor
Yearly salary	$96,182	$90,014
Hourly rate	$46.24	$43.28
Growth rate	15%	15%
Number of jobs	25,710	49,437
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Average age	45	45
Years of experience	4	4

Estate planner vs bank advisor salary

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

	Estate Planner	Bank Advisor
Average salary	$96,182	$90,014
Salary range	Between $58,000 And $157,000	Between $56,000 And $143,000
Highest paying City	-	-
Highest paying state	-	-
Best paying company	-	-
Best paying industry	-	-

Differences between estate planner and bank advisor education

There are a few differences between an estate planner and a bank advisor in terms of educational background:

	Estate Planner	Bank Advisor
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 64%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Estate planner vs bank advisor demographics

Here are the differences between estate planners' and bank advisors' demographics:

	Estate Planner	Bank Advisor
Average age	45	45
Gender ratio	Male, 62.8% Female, 37.2%	Male, 61.3% Female, 38.7%
Race ratio	Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.0% Asian, 5.5% White, 73.9% 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 estate planner and bank advisor duties and responsibilities

Estate planner example responsibilities.

Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
Develop fee-based blotter reporting program to address AUM reporting and compliance suitability.

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.

Estate planner vs bank advisor skills

Common estate planner skills

Financial Products, 27%
Financial Analysis, 19%
Term Care, 12%
Life Insurance, 12%
Annuities, 7%
Probate, 6%

Common bank advisor skills

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