Finance counselor vs bank advisor

The differences between finance counselors and bank advisors 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 counselor and a bank advisor. Additionally, a bank advisor has an average salary of $90,014, which is higher than the $40,561 average annual salary of a finance counselor.

The top three skills for a finance counselor include patients, customer service and medical terminology. The most important skills for a bank advisor are financial services, CRM, and client relationships.

Finance counselor vs bank advisor overview

	Finance Counselor	Bank Advisor
Yearly salary	$40,561	$90,014
Hourly rate	$19.50	$43.28
Growth rate	15%	15%
Number of jobs	101,005	49,437
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 47%	Bachelor's Degree, 64%
Average age	45	45
Years of experience	4	4

Finance counselor vs bank advisor salary

Finance counselors and bank advisors have different pay scales, as shown below.

	Finance Counselor	Bank Advisor
Average salary	$40,561	$90,014
Salary range	Between $32,000 And $50,000	Between $56,000 And $143,000
Highest paying City	Glen Cove, NY	-
Highest paying state	New York	-
Best paying company	Morgan Stanley	-
Best paying industry	Health Care	-

Differences between finance counselor and bank advisor education

There are a few differences between a finance counselor and a bank advisor in terms of educational background:

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

Finance counselor vs bank advisor demographics

Here are the differences between finance counselors' and bank advisors' demographics:

	Finance Counselor	Bank Advisor
Average age	45	45
Gender ratio	Male, 21.0% Female, 79.0%	Male, 61.3% Female, 38.7%
Race ratio	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%	Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1%
LGBT Percentage	5%	5%

Differences between finance counselor and bank advisor duties and responsibilities

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.

Bank advisor example responsibilities.

Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.
Carry out excellent profiling, cross-selling of all products, and explaining benefits to each client.
Utilize cross-selling techniques to sell the best product for each customer's needs.
Support banking and lending activity through leveraging securities to provide lending solutions for high net worth clients.
Analyze clients' securities portfolios to ensure diversification and margin ability for credit line/loan approval.
Lead major initiatives in 3concurrent roles successfully manage affluent personal and business portfolio to proactively cross-sell additional products and services.

Finance counselor vs bank advisor skills

Common finance counselor skills

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

Common bank advisor skills

Financial Services, 21%
CRM, 14%
Client Relationships, 13%
Cross-Selling, 6%
Financial Solutions, 5%
Bank Products, 4%