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The differences between investment consultants and estate planning counselors can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an investment consultant and an estate planning counselor. Additionally, an investment consultant has an average salary of $109,300, which is higher than the $75,847 average annual salary of an estate planning counselor.
The top three skills for an investment consultant include financial services, FINRA and financial products. The most important skills for an estate planning counselor are reservations, real estate, and customer issues.
| Investment Consultant | Estate Planning Counselor | |
| Yearly salary | $109,300 | $75,847 |
| Hourly rate | $52.55 | $36.46 |
| Growth rate | 15% | 15% |
| Number of jobs | 48,111 | 49,064 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 41% |
| Average age | 45 | 45 |
| Years of experience | 4 | 4 |
Investment consultants and estate planning counselors have different pay scales, as shown below.
| Investment Consultant | Estate Planning Counselor | |
| Average salary | $109,300 | $75,847 |
| Salary range | Between $60,000 And $196,000 | Between $35,000 And $159,000 |
| 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 investment consultant and an estate planning counselor in terms of educational background:
| Investment Consultant | Estate Planning Counselor | |
| Most common degree | Bachelor's Degree, 77% | Bachelor's Degree, 41% |
| Most common major | Business | Business |
| Most common college | University of Minnesota - Twin Cities | University of Minnesota - Twin Cities |
Here are the differences between investment consultants' and estate planning counselors' demographics:
| Investment Consultant | Estate Planning Counselor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 79.7% Female, 20.3% | Male, 46.0% Female, 54.0% |
| Race ratio | 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% | Black or African American, 6.1% Unknown, 4.4% Hispanic or Latino, 10.1% Asian, 6.8% White, 72.4% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 5% | 5% |