Estate planner vs finance consultant

The differences between estate planners and finance consultants 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 finance consultant. Additionally, an estate planner has an average salary of $96,182, which is higher than the $77,551 average annual salary of a finance consultant.

The top three skills for an estate planner include financial products, financial analysis and term care. The most important skills for a finance consultant are customer service, financial services, and financial statements.

Estate planner vs finance consultant overview

	Estate Planner	Finance Consultant
Yearly salary	$96,182	$77,551
Hourly rate	$46.24	$37.28
Growth rate	15%	15%
Number of jobs	25,710	94,259
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 72%
Average age	45	45
Years of experience	4	4

Estate planner vs finance consultant salary

Estate planners and finance consultants have different pay scales, as shown below.

	Estate Planner	Finance Consultant
Average salary	$96,182	$77,551
Salary range	Between $58,000 And $157,000	Between $54,000 And $110,000
Highest paying City	-	New York, NY
Highest paying state	-	New York
Best paying company	-	Apple
Best paying industry	-	Technology

Differences between estate planner and finance consultant education

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

	Estate Planner	Finance Consultant
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Estate planner vs finance consultant demographics

Here are the differences between estate planners' and finance consultants' demographics:

	Estate Planner	Finance Consultant
Average age	45	45
Gender ratio	Male, 62.8% Female, 37.2%	Male, 68.5% Female, 31.5%
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, 5.7% Unknown, 4.4% Hispanic or Latino, 9.6% Asian, 8.5% White, 71.8% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between estate planner and finance consultant 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.

Finance consultant example responsibilities.

Lead new hire training for FINRA test preparation and consultative sales model.
Manage client's portfolio to ensure proper taxation of gains/losses on exercise stock options.
Provide expert advice to clients to achieve their financial planning goals in conjunction with an independent RIA.
Lead and organize a weekly macro meeting with multi-asset strategists to discuss and challenge the team's positioning.
Focuse on separately manage accounts, mutual fund and ETF wrap programs, variable annuities, and alternative strategies.
Manage all employee relate matters, including stock options, benefits , 401K, payroll administration and human resources.

Estate planner vs finance consultant skills

Common estate planner skills

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

Common finance consultant skills

Customer Service, 14%
Financial Services, 10%
Financial Statements, 5%
CPA, 4%
Business Development, 4%
Wealth Management, 3%