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The differences between fiscal analysts and finance 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 fiscal analyst and a finance advisor. Additionally, a finance advisor has an average salary of $64,993, which is higher than the $51,960 average annual salary of a fiscal analyst.
The top three skills for a fiscal analyst include payroll, financial data and management system. The most important skills for a finance advisor are team support, wealth management, and securities.
| Fiscal Analyst | Finance Advisor | |
| Yearly salary | $51,960 | $64,993 |
| Hourly rate | $24.98 | $31.25 |
| Growth rate | 6% | 15% |
| Number of jobs | 37,053 | 106,311 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Average age | 44 | 45 |
| Years of experience | 4 | 4 |
A fiscal analyst specializes in providing analytical services to help companies monitor and develop budgets and financial activities. Their responsibilities include gathering and analyzing financial data, conducting market research and analysis, arranging spreadsheets, updating databases, and producing regular budget reports and forecasts. To carry out their duties, they typically use special software and programs, coordinate with various departments, and have knowledge in court collections. Moreover, a fiscal analyst may assist staff, all while implementing the company's policies and regulations.
A Financial Advisor specializes in sharing their expertise with an individual or company on how to handle and boost finances. The responsibilities of a Financial Advisor include creating and proposing a strategy to attain financial gains through profits and investments, educating the client about new methods and opportunities, monitor and evaluate progress, and as well as plan policies according to the clients' life changes. Furthermore, it is also the duty of the Financial Advisor to research new investments that would be of great help to the client's assets.
Fiscal analysts and finance advisors have different pay scales, as shown below.
| Fiscal Analyst | Finance Advisor | |
| Average salary | $51,960 | $64,993 |
| Salary range | Between $35,000 And $75,000 | Between $34,000 And $121,000 |
| Highest paying City | Santa Rosa, CA | New York, NY |
| Highest paying state | New Jersey | New York |
| Best paying company | Jacobs Engineering Group | Enbridge |
| Best paying industry | Health Care | Finance |
There are a few differences between a fiscal analyst and a finance advisor in terms of educational background:
| Fiscal Analyst | Finance Advisor | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Minnesota - Twin Cities |
Here are the differences between fiscal analysts' and finance advisors' demographics:
| Fiscal Analyst | Finance Advisor | |
| Average age | 44 | 45 |
| Gender ratio | Male, 39.4% Female, 60.6% | Male, 72.3% Female, 27.7% |
| Race ratio | Black or African American, 8.5% Unknown, 4.0% Hispanic or Latino, 10.8% Asian, 12.2% White, 64.1% American Indian and Alaska Native, 0.5% | 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 | 7% | 5% |