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The differences between tax attorneys and finance 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 tax attorney and a finance advisor. Additionally, a tax attorney has an average salary of $85,681, which is higher than the $64,993 average annual salary of a finance advisor.
The top three skills for a tax attorney include litigation, law firm and real estate. The most important skills for a finance advisor are team support, wealth management, and securities.
| Tax Attorney | Finance Advisor | |
| Yearly salary | $85,681 | $64,993 |
| Hourly rate | $41.19 | $31.25 |
| Growth rate | 10% | 15% |
| Number of jobs | 33,760 | 106,311 |
| Job satisfaction | - | - |
| Most common degree | Doctoral Degree, 42% | Bachelor's Degree, 74% |
| Average age | 46 | 45 |
| Years of experience | 4 | 4 |
A tax attorney specializes in assisting clients in understanding tax laws. Their responsibilities typically revolve around conducting extensive research, meeting with clients to conduct initial assessments and interviews, understanding their needs, and helping them make business decisions by providing legal taxation advice. A tax attorney may also help clients to find ways to minimize their tax deductions. Furthermore, aside from working with individuals, a tax attorney may also work for companies as part of their legal team.
A Financial Advisor specializes in sharing their expertise with an individual or company on how to handle and boost finances. The responsibilities of a Financial Advisor include creating and proposing a strategy to attain financial gains through profits and investments, educating the client about new methods and opportunities, monitor and evaluate progress, and as well as plan policies according to the clients' life changes. Furthermore, it is also the duty of the Financial Advisor to research new investments that would be of great help to the client's assets.
Tax attorneys and finance advisors have different pay scales, as shown below.
| Tax Attorney | Finance Advisor | |
| Average salary | $85,681 | $64,993 |
| Salary range | Between $50,000 And $146,000 | Between $34,000 And $121,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Akin Gump Strauss Hauer & Feld | Enbridge |
| Best paying industry | - | Finance |
There are a few differences between a tax attorney and a finance advisor in terms of educational background:
| Tax Attorney | Finance Advisor | |
| Most common degree | Doctoral Degree, 42% | Bachelor's Degree, 74% |
| Most common major | Law | Business |
| Most common college | University of Southern California | University of Minnesota - Twin Cities |
Here are the differences between tax attorneys' and finance advisors' demographics:
| Tax Attorney | Finance Advisor | |
| Average age | 46 | 45 |
| Gender ratio | Male, 62.7% Female, 37.3% | Male, 72.3% Female, 27.7% |
| Race ratio | Black or African American, 5.6% Unknown, 4.4% Hispanic or Latino, 7.8% Asian, 6.4% White, 75.5% American Indian and Alaska Native, 0.3% | 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 | 10% | 5% |