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Investment underwriter vs investment advisor

The differences between investment underwriters and investment advisors can be seen in a few details. Each job has different responsibilities and duties. Additionally, an investment advisor has an average salary of $105,377, which is higher than the $86,628 average annual salary of an investment underwriter.

The top three skills for an investment underwriter include mortgage loans, and . The most important skills for an investment advisor are exceptional client, risk management, and client relationships.

Investment underwriter vs investment advisor overview

Investment UnderwriterInvestment Advisor
Yearly salary$86,628$105,377
Hourly rate$41.65$50.66
Growth rate-4%15%
Number of jobs9,68063,438
Job satisfaction--
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 76%
Average age4345
Years of experience-4

Investment underwriter vs investment advisor salary

Investment underwriters and investment advisors have different pay scales, as shown below.

Investment UnderwriterInvestment Advisor
Average salary$86,628$105,377
Salary rangeBetween $62,000 And $120,000Between $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

Differences between investment underwriter and investment advisor education

There are a few differences between an investment underwriter and an investment advisor in terms of educational background:

Investment UnderwriterInvestment Advisor
Most common degreeBachelor's Degree, 57%Bachelor's Degree, 76%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Minnesota - Twin Cities

Investment underwriter vs investment advisor demographics

Here are the differences between investment underwriters' and investment advisors' demographics:

Investment UnderwriterInvestment Advisor
Average age4345
Gender ratioMale, 67.9% Female, 32.1%Male, 72.3% Female, 27.7%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%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 Percentage4%5%

Differences between investment underwriter and investment advisor duties and responsibilities

Investment underwriter example responsibilities.

  • Manage AUS findings and analyze approvals and results accordingly.
  • Participate and conduct calls with investors and FNMA and FHLMC for the purposes of training and product rollout.
  • Review individual mortgage origination/post origination documentation and perform database research.
  • Attend training regarding AUS procedures and usage.
  • Review individual mortgage origination/post origination documentation and perform database research.

Investment advisor example responsibilities.

  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Obtain skills with different financial programs and tools such as Morningstar and NetX360.
  • Advise and recommend insurance products including, fix and variable annuities, and term life.
  • Focus on macroeconomic fundamentals, high yield, distress debt, volatility and macro base cross-asset statistical strategies.
  • Communicate information to clients on various products offer such as equity funds, bond funds, annuities, and money markets.
  • Identify client- specific and regulatory reporting requirements, review purchase and redemption activity, securities settlements, and cash movements.
  • Show more

Investment underwriter vs investment advisor skills

Common investment underwriter skills
  • Mortgage Loans, 100%
Common investment advisor skills
  • Exceptional Client, 12%
  • Risk Management, 10%
  • Client Relationships, 9%
  • Health Insurance, 8%
  • Business Development, 7%
  • FINRA, 5%

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