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.
Senior Advisory Overview
Senior Advisory Careers
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 $52.68 an hour? That's $109,577 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.
When it comes to the most important skills required to be a senior advisory, we found that a lot of resumes listed 20.3% of senior advisories included advisory services, while 10.1% of resumes included financial statements, and 8.2% of resumes included business development. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the senior advisory job title. But what industry to start with? Most senior advisories actually find jobs in the education and professional industries.
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 44.6% of senior advisories have a bachelor's degree. In terms of higher education levels, we found that 40.5% of senior advisories have master's degrees. Even though most senior advisories have a college degree, it's possible 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 doctoral degree 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 for a Senior Advisory
Senior Advisories in America make an average salary of $109,577 per year or $53 per hour. The top 10 percent makes over $144,000 per year, while the bottom 10 percent under $83,000 per year.
Average Salary
$109,577
Best Paying Cities
City
Average Salary
$75k
$153k
Recently Added Salaries
Job TitleCompany  | Company | Start Date | Salary |
|---|---|---|---|
Colorado State Senior Health Policy Advisory-Office of Saving People Money On Healthcare Senior Health Policy Advisory-Office of Saving People Money On Healthcare | Colorado State Colorado State | 07/23/2020 07/23/2020 | $70,00007/23/2020 $70,000 |
Brookdale Senior Living Senior Advisory Senior Advisory | Brookdale Senior Living Brookdale Senior Living | 08/29/2019 08/29/2019 | $33,39208/29/2019 $33,392 |
U.S. Agency for International Development Senior Advisory Senior Advisory | U.S. Agency for International Development U.S. Agency for International Development | 08/29/2019 08/29/2019 | $99,17208/29/2019 $99,172 |
Robert Half Senior Advisory Senior Advisory | Robert Half Robert Half | 08/28/2019 08/28/2019 | $45,91408/28/2019 $45,914 |
Cuny Senior Advisory Senior Advisory | Cuny Cuny | 08/27/2019 08/27/2019 | $47,34008/27/2019 $47,340 |
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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 • Public
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 • Public
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 • Public
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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Full Time
Part Time
Internship
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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% See All Senior Advisory Skills
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 Washington, Oregon, California, and Nevada. Senior advisories make the most in Washington with an average salary of $115,381. Whereas in Oregon and California, they would average $114,849 and $109,821, respectively. While senior advisories would only make an average of $106,879 in Nevada, 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. Washington
Total Senior Advisory Jobs:
260
Highest 10% Earn:
$176,000
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
$115,381
Avg. Salary
2. Oregon
Total Senior Advisory Jobs:
106
Highest 10% Earn:
$177,000
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
$114,849
Avg. Salary
3. Nevada
Total Senior Advisory Jobs:
73
Highest 10% Earn:
$173,000
Location Quotient:
0.89
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
$106,879
Avg. Salary