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Planner vs finance planner

The differences between planners and finance planners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a planner, becoming a finance planner takes usually requires 2-4 years. Additionally, a finance planner has an average salary of $71,607, which is higher than the $63,161 average annual salary of a planner.

The top three skills for a planner include customer service, exceptional client and logistics. The most important skills for a finance planner are financial aid, financial services, and client facing.

Planner vs finance planner overview

PlannerFinance Planner
Yearly salary$63,161$71,607
Hourly rate$30.37$34.43
Growth rate4%15%
Number of jobs15,26991,557
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 73%
Average age4245
Years of experience24

What does a planner do?

As the name entails, planners assist in creating a broad vision for a community. They conduct research, design, and advanced programs. Some of them focus on a few roles, such as planning transportation, while some will most likely work at different planning types throughout their profession. They develop a plan through data analysis, determine the project's goals or the community, and form a specific vision. They also identify the strategies to help the city realized its goals and vision.

What does a finance planner do?

A financial planner is responsible for handling client accounts and providing financial advice to determine the best investment options according to the clients' interests and risk appetite. Financial planners record the clients' living expenses as a part of their portfolio, identifying their long-term goals and objectives, and giving tax advice. They also educate clients with investment options and opportunities to improve the clients' account performance and sell financial products. A financial planner must have excellent analytical and communication skills to conduct data and statistical analysis, especially in researching financial instruments in the market.

Planner vs finance planner salary

Planners and finance planners have different pay scales, as shown below.

PlannerFinance Planner
Average salary$63,161$71,607
Salary rangeBetween $45,000 And $88,000Between $42,000 And $120,000
Highest paying CitySan Francisco, CASpringfield, MA
Highest paying stateCaliforniaMassachusetts
Best paying companyMetaNorthern Trust
Best paying industryTechnologyInsurance

Differences between planner and finance planner education

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

PlannerFinance Planner
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 73%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Planner vs finance planner demographics

Here are the differences between planners' and finance planners' demographics:

PlannerFinance Planner
Average age4245
Gender ratioMale, 54.4% Female, 45.6%Male, 62.0% Female, 38.0%
Race ratioBlack or African American, 4.9% Unknown, 4.7% Hispanic or Latino, 12.7% Asian, 9.6% White, 67.4% American Indian and Alaska Native, 0.8%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 Percentage13%5%

Differences between planner and finance planner duties and responsibilities

Planner example responsibilities.

  • Develop and managing the database for CDBG applicants.
  • Key role in managing and planning projects from sketch to approve plans.
  • Manage creation of replenishment loads (purchase or DRP) that are optimize to minimize logistical costs.
  • Assist with forecasting machines, accessories, and coffee with various departments in order to achieve monthly KPI's.
  • Develop and manage all types of inventory from finish goods, WIP (work in process) to raw material.
  • Manage RFQ process - gather quotations, examine bids with engineering and management, negotiate prices with suppliers and make awards.
  • Show more

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.
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Planner vs finance planner skills

Common planner skills
  • Customer Service, 13%
  • Exceptional Client, 8%
  • Logistics, 8%
  • Project Management, 6%
  • Excellent Interpersonal, 4%
  • Strong Analytical, 4%
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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