Post job

Finance assistance advisor vs finance planner

The differences between finance assistance advisors 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 a finance assistance advisor and a finance planner. Additionally, a finance assistance advisor has an average salary of $79,349, which is higher than the $71,607 average annual salary of a finance planner.

The top three skills for a finance assistance advisor include customer service, financial assistance and financial data. The most important skills for a finance planner are financial aid, financial services, and client facing.

Finance assistance advisor vs finance planner overview

Finance Assistance AdvisorFinance Planner
Yearly salary$79,349$71,607
Hourly rate$38.15$34.43
Growth rate15%15%
Number of jobs99,34191,557
Job satisfaction--
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 73%
Average age4545
Years of experience44

Finance assistance advisor vs finance planner salary

Finance assistance advisors and finance planners have different pay scales, as shown below.

Finance Assistance AdvisorFinance Planner
Average salary$79,349$71,607
Salary rangeBetween $42,000 And $147,000Between $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 finance assistance advisor and finance planner education

There are a few differences between a finance assistance advisor and a finance planner in terms of educational background:

Finance Assistance AdvisorFinance Planner
Most common degreeBachelor's Degree, 69%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Finance assistance advisor vs finance planner demographics

Here are the differences between finance assistance advisors' and finance planners' demographics:

Finance Assistance AdvisorFinance Planner
Average age4545
Gender ratioMale, 35.5% Female, 64.5%Male, 62.0% Female, 38.0%
Race ratioBlack 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%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 Percentage5%5%

Differences between finance assistance advisor and finance planner duties and responsibilities

Finance assistance advisor example responsibilities.

  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Conduct initial and ongoing meetings with prospects and clients profiling and developing comprehensive wealth management strategies.
  • Analyze and test derivative modeling and dynamic hedging methods.

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.
  • Show more

Finance assistance advisor vs finance planner skills

Common finance assistance advisor skills
  • Customer Service, 28%
  • Financial Assistance, 13%
  • Financial Data, 13%
  • Financial Aid Eligibility, 11%
  • Financial Aid, 10%
  • Client Service, 3%
Common finance planner skills
  • Financial Aid, 21%
  • Financial Services, 9%
  • Client Facing, 8%
  • Retirement Planning, 7%
  • Estate Planning, 6%
  • Life Insurance, 6%

Browse business and financial jobs