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Finance counselor vs personal investment adviser

The differences between finance counselors and personal investment advisers 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 personal investment adviser. Additionally, a personal investment adviser has an average salary of $119,629, 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 personal investment adviser are customer service, loan applications, and inbound calls.

Finance counselor vs personal investment adviser overview

Finance CounselorPersonal Investment Adviser
Yearly salary$40,561$119,629
Hourly rate$19.50$57.51
Growth rate15%15%
Number of jobs101,00529,147
Job satisfaction--
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 65%
Average age4545
Years of experience44

Finance counselor vs personal investment adviser salary

Finance counselors and personal investment advisers have different pay scales, as shown below.

Finance CounselorPersonal Investment Adviser
Average salary$40,561$119,629
Salary rangeBetween $32,000 And $50,000Between $74,000 And $192,000
Highest paying CityGlen Cove, NY-
Highest paying stateNew York-
Best paying companyMorgan Stanley-
Best paying industryHealth Care-

Differences between finance counselor and personal investment adviser education

There are a few differences between a finance counselor and a personal investment adviser in terms of educational background:

Finance CounselorPersonal Investment Adviser
Most common degreeBachelor's Degree, 47%Bachelor's Degree, 65%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Minnesota - Twin Cities

Finance counselor vs personal investment adviser demographics

Here are the differences between finance counselors' and personal investment advisers' demographics:

Finance CounselorPersonal Investment Adviser
Average age4545
Gender ratioMale, 21.0% Female, 79.0%Male, 48.5% Female, 51.5%
Race ratioBlack 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 Percentage5%5%

Differences between finance counselor and personal investment adviser 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.
  • Show more

Personal investment adviser example responsibilities.

  • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
  • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
  • Assist in planning and implementation of logistics automation initiatives relate to vehicle fleet management and repair parts management.

Finance counselor vs personal investment adviser skills

Common finance counselor skills
  • Patients, 28%
  • Customer Service, 11%
  • Medical Terminology, 6%
  • Insurance Benefits, 5%
  • Insurance Coverage, 4%
  • Payment Arrangements, 4%
Common personal investment adviser skills
  • Customer Service, 33%
  • Loan Applications, 29%
  • Inbound Calls, 7%
  • Product Knowledge, 4%
  • Outbound Calls, 4%
  • Guest Service, 3%

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