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The differences between individual pension consultants and investment consultants 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 consultant. Additionally, an investment consultant has an average salary of $109,300, 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 consultant are financial services, FINRA, and financial products.
| Individual Pension Consultant | Investment Consultant | |
| Yearly salary | $43,775 | $109,300 |
| Hourly rate | $21.05 | $52.55 |
| Growth rate | 15% | 15% |
| Number of jobs | 8,112 | 48,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 77% |
| Average age | 45 | 45 |
| Years of experience | 4 | 4 |
Individual pension consultants and investment consultants have different pay scales, as shown below.
| Individual Pension Consultant | Investment Consultant | |
| Average salary | $43,775 | $109,300 |
| Salary range | Between $26,000 And $73,000 | Between $60,000 And $196,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | - | New York |
| Best paying company | - | Bailey & Glasser |
| Best paying industry | - | Finance |
There are a few differences between an individual pension consultant and an investment consultant in terms of educational background:
| Individual Pension Consultant | Investment Consultant | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 77% |
| 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 consultants' demographics:
| Individual Pension Consultant | Investment Consultant | |
| Average age | 45 | 45 |
| Gender ratio | Male, 59.8% Female, 40.2% | Male, 79.7% Female, 20.3% |
| 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, 5.7% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.4% White, 71.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 5% | 5% |