Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between individual pension consultants 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 an individual pension consultant and an investment advisor. Additionally, an investment advisor has an average salary of $105,377, which is higher than the $43,775 average annual salary of an individual pension consultant.
The top three skills for an individual pension consultant include financial issues, insurance products and life insurance. The most important skills for an investment advisor are exceptional client, risk management, and client relationships.
| Individual Pension Consultant | Investment Advisor | |
| Yearly salary | $43,775 | $105,377 |
| Hourly rate | $21.05 | $50.66 |
| Growth rate | 15% | 15% |
| Number of jobs | 8,112 | 63,438 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 76% |
| Average age | 45 | 45 |
| Years of experience | 4 | 4 |
Individual pension consultants and investment advisors have different pay scales, as shown below.
| Individual Pension Consultant | Investment Advisor | |
| Average salary | $43,775 | $105,377 |
| Salary range | Between $26,000 And $73,000 | Between $60,000 And $184,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | McKinsey & Company Inc |
| Best paying industry | - | Telecommunication |
There are a few differences between an individual pension consultant and an investment advisor in terms of educational background:
| Individual Pension Consultant | Investment Advisor | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Minnesota - Twin Cities | University of Minnesota - Twin Cities |
Here are the differences between individual pension consultants' and investment advisors' demographics:
| Individual Pension Consultant | Investment Advisor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 72.3% Female, 27.7% |
| Race ratio | Black 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, 5.6% Unknown, 4.4% Hispanic or Latino, 9.4% Asian, 8.2% White, 72.3% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 5% | 5% |