Estate planner vs finance planner

The differences between estate planners and finance planners 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 planner. Additionally, an estate planner has an average salary of $96,182, which is higher than the $71,607 average annual salary of a finance planner.

The top three skills for an estate planner include financial products, financial analysis and term care. The most important skills for a finance planner are financial aid, financial services, and client facing.

Estate planner vs finance planner overview

	Estate Planner	Finance Planner
Yearly salary	$96,182	$71,607
Hourly rate	$46.24	$34.43
Growth rate	15%	15%
Number of jobs	25,710	91,557
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 73%
Average age	45	45
Years of experience	4	4

Estate planner vs finance planner salary

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

	Estate Planner	Finance Planner
Average salary	$96,182	$71,607
Salary range	Between $58,000 And $157,000	Between $42,000 And $120,000
Highest paying City	-	Springfield, MA
Highest paying state	-	Massachusetts
Best paying company	-	Northern Trust
Best paying industry	-	Insurance

Differences between estate planner and finance planner education

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

	Estate Planner	Finance Planner
Most common degree	Bachelor's Degree, 64%	Bachelor's Degree, 73%
Most common major	Business	Business
Most common college	University of Pennsylvania	University of Pennsylvania

Estate planner vs finance planner demographics

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

	Estate Planner	Finance Planner
Average age	45	45
Gender ratio	Male, 62.8% Female, 37.2%	Male, 62.0% Female, 38.0%
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, 5.7% Unknown, 4.4% Hispanic or Latino, 9.6% Asian, 8.4% White, 71.8% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between estate planner and finance planner 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 planner example responsibilities.

Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
Represent a large brokerage firm for products and services through direct sales.
Educate clients in tax implications for products that include mutual funds, securities, and retirement plans.
Redesign the existing report from a value-base manual effort to a Hyperion driven report, vastly improving both efficiency and accuracy.
Gain additional responsibility as a season FSR.

Estate planner vs finance planner skills

Common estate planner skills

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

Common finance planner skills

Financial Aid, 21%
Financial Services, 9%
Client Facing, 8%
Retirement Planning, 7%
Estate Planning, 6%
Life Insurance, 6%