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Estate planning counselor vs investment counselor

The differences between estate planning counselors and investment 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 planning counselor and an investment counselor. Additionally, an investment counselor has an average salary of $120,817, which is higher than the $75,847 average annual salary of an estate planning counselor.

The top three skills for an estate planning counselor include reservations, real estate and customer issues. The most important skills for an investment counselor are client service, capital markets, and client relationships.

Estate planning counselor vs investment counselor overview

Estate Planning CounselorInvestment Counselor
Yearly salary$75,847$120,817
Hourly rate$36.46$58.09
Growth rate15%15%
Number of jobs49,06433,016
Job satisfaction--
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 78%
Average age4545
Years of experience44

Estate planning counselor vs investment counselor salary

Estate planning counselors and investment counselors have different pay scales, as shown below.

Estate Planning CounselorInvestment Counselor
Average salary$75,847$120,817
Salary rangeBetween $35,000 And $159,000Between $68,000 And $213,000
Highest paying City-New York, NY
Highest paying state-New York
Best paying company-Citi
Best paying industry-Finance

Differences between estate planning counselor and investment counselor education

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

Estate Planning CounselorInvestment Counselor
Most common degreeBachelor's Degree, 41%Bachelor's Degree, 78%
Most common majorBusinessBusiness
Most common collegeUniversity of Minnesota - Twin CitiesUniversity of Minnesota - Twin Cities

Estate planning counselor vs investment counselor demographics

Here are the differences between estate planning counselors' and investment counselors' demographics:

Estate Planning CounselorInvestment Counselor
Average age4545
Gender ratioMale, 46.0% Female, 54.0%Male, 74.0% Female, 26.0%
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, 8.1% White, 72.5% American Indian and Alaska Native, 0.1%
LGBT Percentage5%5%

Differences between estate planning counselor and investment counselor 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

Investment counselor example responsibilities.

  • Manage $3MM private investment portfolio consisting of mid-cap/large-cap equities.
  • Adjust sector exposure to express personal macro views, selecting single stocks within sector base on fundamental analysis and technical indicators.
  • Monitor preparation of asset/liability management report.

Estate planning counselor vs investment counselor skills

Common estate planning counselor skills
  • Reservations, 21%
  • Real Estate, 16%
  • Customer Issues, 10%
  • Booking, 10%
  • Inbound Calls, 10%
  • Estate Planning, 7%
Common investment counselor skills
  • Client Service, 13%
  • Capital Markets, 11%
  • Client Relationships, 10%
  • Securities, 10%
  • Wealth Management, 8%
  • Brokerage, 7%

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