Estate planner vs finance counselor

The differences between estate planners and finance counselors 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 counselor. Additionally, an estate planner has an average salary of $96,182, which is higher than the $40,561 average annual salary of a finance counselor.

The top three skills for an estate planner include financial products, financial analysis and term care. The most important skills for a finance counselor are patients, customer service, and medical terminology.

Estate planner vs finance counselor overview

	Estate Planner	Finance Counselor
Yearly salary	$96,182	$40,561
Hourly rate	$46.24	$19.50
Growth rate	15%	15%
Number of jobs	25,710	101,005
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 47%
Average age	45	45
Years of experience	4	4

Estate planner vs finance counselor salary

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

	Estate Planner	Finance Counselor
Average salary	$96,182	$40,561
Salary range	Between $58,000 And $157,000	Between $32,000 And $50,000
Highest paying City	-	Glen Cove, NY
Highest paying state	-	New York
Best paying company	-	Morgan Stanley
Best paying industry	-	Health Care

Differences between estate planner and finance counselor education

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

	Estate Planner	Finance Counselor
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 47%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Estate planner vs finance counselor demographics

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

	Estate Planner	Finance Counselor
Average age	45	45
Gender ratio	Male, 62.8% Female, 37.2%	Male, 21.0% Female, 79.0%
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, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 5.8% White, 73.4% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between estate planner and finance counselor 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 counselor example responsibilities.

Lead cleanup of company database and files with pending patient and insurance payments through Meditech software program.
Work one on one with the nurses to insure all patients are registered and treat with dignity and compassion.
Develop ad implement in-house software financial aid college work-study program.
Collect student paperwork to verify FAFSA applications to award accurate financial aid.
Provide excellent customer service reflecting respect and compassion towards every patient and visitor.
Interview and train college work-study personnel, and counsele students/parents for eligibility for financial aid.

Estate planner vs finance counselor skills

Common estate planner skills

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

Common finance counselor skills

Patients, 28%
Customer Service, 11%
Medical Terminology, 6%
Insurance Benefits, 5%
Insurance Coverage, 4%
Payment Arrangements, 4%