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The differences between funding analysts and investment 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 funding analyst and an investment advisor. Additionally, an investment advisor has an average salary of $105,377, which is higher than the $82,744 average annual salary of a funding analyst.
The top three skills for a funding analyst include financial statements, portfolio management and powerpoint. The most important skills for an investment advisor are exceptional client, risk management, and client relationships.
| Funding Analyst | Investment Advisor | |
| Yearly salary | $82,744 | $105,377 |
| Hourly rate | $39.78 | $50.66 |
| Growth rate | 9% | 15% |
| Number of jobs | 62,949 | 63,438 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Average age | 40 | 45 |
| Years of experience | 4 | 4 |
A funding analyst is responsible for conducting financial data analysis and creating reports according to the market performance that will help a financial institution to determine cost estimates and mitigate financial risks. Funding analysts also review the organization's programs and sponsorships, ensuring the adequate allocation of funds and resources to support such activities. They identify business opportunities and other financial services to generate more clients and close deals that would drive more revenues and increase the company's profitability.
An investment advisor is responsible for managing the clients' financial portfolios, advising them of investment options according to their financial goals and objectives, and their ability to handle risks. Investment advisors should have excellent knowledge of the investment policies, providing the clients with the best financial strategies according to their interests. They also determine their expenses, income, and credit scores to identify a comprehensive financial plan. An investment advisor helps the clients with cash management techniques, as well as conducting data analysis on financial market projections.
Funding analysts and investment advisors have different pay scales, as shown below.
| Funding Analyst | Investment Advisor | |
| Average salary | $82,744 | $105,377 |
| Salary range | Between $48,000 And $142,000 | Between $60,000 And $184,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | PitchBook Data | McKinsey & Company Inc |
| Best paying industry | Finance | Telecommunication |
There are a few differences between a funding analyst and an investment advisor in terms of educational background:
| Funding Analyst | Investment Advisor | |
| Most common degree | Bachelor's Degree, 75% | Bachelor's Degree, 76% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Minnesota - Twin Cities |
Here are the differences between funding analysts' and investment advisors' demographics:
| Funding Analyst | Investment Advisor | |
| Average age | 40 | 45 |
| Gender ratio | Male, 57.4% Female, 42.6% | Male, 72.3% Female, 27.7% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.2% White, 72.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 5% |