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Estate planning counselor vs individual pension consultant

The differences between estate planning counselors and individual pension 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 planning counselor and an individual pension consultant. Additionally, an estate planning counselor has an average salary of $75,847, which is higher than the $43,775 average annual salary of an individual pension consultant.

The top three skills for an estate planning counselor include reservations, real estate and customer issues. The most important skills for an individual pension consultant are financial issues, insurance products, and life insurance.

Estate planning counselor vs individual pension consultant overview

Estate Planning CounselorIndividual Pension Consultant
Yearly salary$75,847$43,775
Hourly rate$36.46$21.05
Growth rate15%15%
Number of jobs49,0648,112
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 77%
Average age4545
Years of experience44

Estate planning counselor vs individual pension consultant salary

Estate planning counselors and individual pension consultants have different pay scales, as shown below.

Estate Planning CounselorIndividual Pension Consultant
Average salary$75,847$43,775
Salary rangeBetween $35,000 And $159,000Between $26,000 And $73,000
Highest paying City--
Highest paying state--
Best paying company--
Best paying industry--

Differences between estate planning counselor and individual pension consultant education

There are a few differences between an estate planning counselor and an individual pension consultant in terms of educational background:

Estate Planning CounselorIndividual Pension Consultant
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 77%
Most common majorBusinessBusiness
Most common collegeUniversity of Minnesota - Twin CitiesUniversity of Minnesota - Twin Cities

Estate planning counselor vs individual pension consultant demographics

Here are the differences between estate planning counselors' and individual pension consultants' demographics:

Estate Planning CounselorIndividual Pension Consultant
Average age4545
Gender ratioMale, 46.0% Female, 54.0%Male, 59.8% Female, 40.2%
Race ratioBlack or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 6.8% White, 72.4% American Indian and Alaska Native, 0.1%Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.3% White, 72.2% American Indian and Alaska Native, 0.1%
LGBT Percentage5%5%

Differences between estate planning counselor and individual pension consultant duties and responsibilities

Estate planning counselor example responsibilities.

  • Manage various types of litigation matters and supervise outside counsel on all aspects of litigation.
  • Prepare monthly reports for FHA and VA, dealing with loans and delinquent accounts
  • Deliver financial expertise to accredit international clients on financial plans, which include taxes, investment strategies, and securities.
  • Utilize solid judgment, product knowledge, problem solving, offering detail insight and alternatives to assist owners in booking vacations.
  • Assist with checking availability and booking reservations for owners and also giving information on any current promotions.
  • Identify owner reservation needs, check availability of owner occupy reservations, and find alternative dates or accommodations if need.
  • Show more

Individual pension consultant example responsibilities.

  • Manage files from origination to closing, and accurately organize and review all documents for processing.
  • Provide financial products and services to assist the investors with their financial needs like loans, after tax annuities and IRAs.
  • Review and implement terms of QDRO for retirement annuities in marital dissolution proceedings.
  • Manage files from origination to closing, and accurately organize and review all documents for processing.
  • Remain current on IRA regulations and policies.
  • Develop fee-based blotter reporting program to address AUM reporting and compliance suitability.

Estate planning counselor vs individual pension consultant skills

Common estate planning counselor skills
  • Reservations, 21%
  • Real Estate, 16%
  • Customer Issues, 10%
  • Booking, 10%
  • Inbound Calls, 10%
  • Estate Planning, 7%
Common individual pension consultant skills
  • Financial Issues, 38%
  • Insurance Products, 14%
  • Life Insurance, 9%
  • Annuities, 7%
  • Asset Retention, 5%
  • Retirement Accounts, 5%

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