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The differences between personal investment advisers and bank 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 personal investment adviser and a bank advisor. Additionally, a personal investment adviser has an average salary of $119,629, which is higher than the $90,014 average annual salary of a bank advisor.
The top three skills for a personal investment adviser include customer service, loan applications and inbound calls. The most important skills for a bank advisor are financial services, CRM, and client relationships.
| Personal Investment Adviser | Bank Advisor | |
| Yearly salary | $119,629 | $90,014 |
| Hourly rate | $57.51 | $43.28 |
| Growth rate | 15% | 15% |
| Number of jobs | 29,147 | 49,437 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Average age | 45 | 45 |
| Years of experience | 4 | 4 |
Personal investment advisers and bank advisors have different pay scales, as shown below.
| Personal Investment Adviser | Bank Advisor | |
| Average salary | $119,629 | $90,014 |
| Salary range | Between $74,000 And $192,000 | Between $56,000 And $143,000 |
| Highest paying City | - | - |
| Highest paying state | - | - |
| Best paying company | - | - |
| Best paying industry | - | - |
There are a few differences between a personal investment adviser and a bank advisor in terms of educational background:
| Personal Investment Adviser | Bank Advisor | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 64% |
| Most common major | Business | Business |
| Most common college | University of Minnesota - Twin Cities | University of Pennsylvania |
Here are the differences between personal investment advisers' and bank advisors' demographics:
| Personal Investment Adviser | Bank Advisor | |
| Average age | 45 | 45 |
| Gender ratio | Male, 48.5% Female, 51.5% | Male, 61.3% Female, 38.7% |
| Race ratio | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 9.5% Asian, 8.3% White, 72.1% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 5% | 5% |