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Personal investment adviser vs finance planner

The differences between personal investment advisers and finance planners 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 finance planner. Additionally, a personal investment adviser has an average salary of $119,629, which is higher than the $71,607 average annual salary of a finance planner.

The top three skills for a personal investment adviser include customer service, loan applications and inbound calls. The most important skills for a finance planner are financial aid, financial services, and client facing.

Personal investment adviser vs finance planner overview

Personal Investment AdviserFinance Planner
Yearly salary$119,629$71,607
Hourly rate$57.51$34.43
Growth rate15%15%
Number of jobs29,14791,557
Job satisfaction--
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 73%
Average age4545
Years of experience44

Personal investment adviser vs finance planner salary

Personal investment advisers and finance planners have different pay scales, as shown below.

Personal Investment AdviserFinance Planner
Average salary$119,629$71,607
Salary rangeBetween $74,000 And $192,000Between $42,000 And $120,000
Highest paying City-Springfield, MA
Highest paying state-Massachusetts
Best paying company-Northern Trust
Best paying industry-Insurance

Differences between personal investment adviser and finance planner education

There are a few differences between a personal investment adviser and a finance planner in terms of educational background:

Personal Investment AdviserFinance Planner
Most common degreeBachelor's Degree, 65%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of Minnesota - Twin CitiesUniversity of Pennsylvania

Personal investment adviser vs finance planner demographics

Here are the differences between personal investment advisers' and finance planners' demographics:

Personal Investment AdviserFinance Planner
Average age4545
Gender ratioMale, 48.5% Female, 51.5%Male, 62.0% Female, 38.0%
Race ratioBlack 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, 5.7% Unknown, 4.4% Hispanic or Latino, 9.6% Asian, 8.4% White, 71.8% American Indian and Alaska Native, 0.1%
LGBT Percentage5%5%

Differences between personal investment adviser and finance planner duties and responsibilities

Personal investment adviser example responsibilities.

  • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
  • Create and manage investment securities portfolios optimize to address each client's specific needs using establish asset allocation principles.
  • Assist in planning and implementation of logistics automation initiatives relate to vehicle fleet management and repair parts management.

Finance planner example responsibilities.

  • Manage financial planning, educate clients on fix indexed annuities, and consistently analyze financial markers and ever-changing client needs.
  • Manage and strengthen customer relationships through cross-selling and up-selling to maximize retention and income generation by contacting existing and prospective customers.
  • Represent a large brokerage firm for products and services through direct sales.
  • Educate clients in tax implications for products that include mutual funds, securities, and retirement plans.
  • Redesign the existing report from a value-base manual effort to a Hyperion driven report, vastly improving both efficiency and accuracy.
  • Gain additional responsibility as a season FSR.
  • Show more

Personal investment adviser vs finance planner skills

Common personal investment adviser skills
  • Customer Service, 33%
  • Loan Applications, 29%
  • Inbound Calls, 7%
  • Product Knowledge, 4%
  • Outbound Calls, 4%
  • Guest Service, 3%
Common finance planner skills
  • Financial Aid, 21%
  • Financial Services, 9%
  • Client Facing, 8%
  • Retirement Planning, 7%
  • Estate Planning, 6%
  • Life Insurance, 6%

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