What is a Senior Advisory

It's no coincidence that "advisory" sounds a lot like "advice" - most of what a senior advisory does can be classified as giving advice professionally. Clients turn to the senior advisory in order to get help in managing their business or assets.

The senior advisory needs to have excellent technical skills and experience in their field, whether financial or IT consulting. They also need to be great at communication so they can share those excellent technical skills with their clients. They might also have to manage people in more junior positions.

After a meeting with a good senior advisory, a client walks away feeling as if all their questions have been answered and they have control over the future.

There is more than meets the eye when it comes to being a Senior Advisory. For example, did you know that they make an average of $51.24 an hour? That's $106,586 a year!

Between 2018 and 2028, the career is expected to grow 6% and produce 90,700 job opportunities across the U.S.

What Does a Senior Advisory Do

There are certain skills that many Senior Advisories have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed Creativity, Analytical skills and Communication skills.

Learn more about what a Senior Advisory does

How To Become a Senior Advisory

If you're interested in becoming a Senior Advisory, one of the first things to consider is how much education you need. We've determined that 69.4% of Senior Advisories have a bachelor's degree. In terms of higher education levels, we found that 19.0% of Senior Advisories have master's degrees. Even though most Senior Advisories have a college degree, it's impossible to become one with only a high school degree or GED.

Choosing the right major is always an important step when researching how to become a Senior Advisory. When we researched the most common majors for a Senior Advisory, we found that they most commonly earn Bachelor's Degree degrees or Master's Degree degrees. Other degrees that we often see on Senior Advisory resumes include High School Diploma degrees or Diploma degrees.

You may find that experience in other jobs will help you become a Senior Advisory. In fact, many Senior Advisory jobs require experience in a role such as Internship. Meanwhile, many Senior Advisories also have previous career experience in roles such as Senior Technical Recruiter or Vice President.

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Average Salary
$106,586
Average Salary
Job Growth Rate
6%
Job Growth Rate
Job Openings
32,218
Job Openings
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Average Salary for a Senior Advisory

Senior Advisories in America make an average salary of $106,586 per year or $51 per hour. The top 10 percent makes over $147,000 per year, while the bottom 10 percent under $76,000 per year.
Average Salary
$106,586
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Senior Advisory Demographics

Senior Advisory Gender Statistics

male

50.4 %

female

49.6 %

Senior Advisory Ethnicity Statistics

White

62.7 %

Hispanic or Latino

15.1 %

Asian

11.4 %

Senior Advisory Foreign Languages Spoken Statistics

Russian

20.0 %

Arabic

20.0 %

Carrier

20.0 %
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Senior Advisory Education

Senior Advisory Majors

23.8 %
14.9 %

Senior Advisory Degrees

Bachelors

69.4 %

Masters

19.0 %

High School Diploma

5.8 %

Top Colleges for Senior Advisorys

1. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

2. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

3. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

4. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

5. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

6. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

7. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177

8. Boston University

Boston, MA • Private

In-State Tuition
$53,948
Enrollment
17,238

9. SUNY Stony Brook

Stony Brook, NY • Private

In-State Tuition
$9,625
Enrollment
17,407

10. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339
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Top Skills For a Senior Advisory

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 20.3% of Senior Advisories listed Advisory Services on their resume, but soft skills such as Creativity and Analytical skills are important as well.

  • Advisory Services, 20.3%
  • Financial Statements, 10.1%
  • Business Development, 8.2%
  • Internal Audit, 8.0%
  • Sell Side, 7.4%
  • Other Skills, 46.0%

Best States For a Senior Advisory

Some places are better than others when it comes to starting a career as a Senior Advisory. The best states for people in this position are Oregon, Washington, New Jersey, and New York. Senior Advisories make the most in Oregon with an average salary of $115,566. Whereas in Washington and New Jersey, they would average $114,360 and $112,580, respectively. While Senior Advisories would only make an average of $112,350 in New York, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Pennsylvania

Total Senior Advisory Jobs:
358
Highest 10% Earn:
$150,000
Location Quotient:
0.79
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Oregon

Total Senior Advisory Jobs:
106
Highest 10% Earn:
$155,000
Location Quotient:
0.66
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Senior Advisory Jobs:
260
Highest 10% Earn:
$155,000
Location Quotient:
0.91
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Senior Advisories

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