Directions | Details & Services. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Personal financial advisors working for firms must understand their investment strategies and financial products to better guide clients on the best options depending on their individual needs. Average salaries for Bank of America Financial Advisor: [salary]. Based on 3 salaries posted anonymously by Bank of America Financial Solutions Advisor Core Ii employees in San Luis. Just like other professionals in the field, financial planner salary varies widely depending on experience and area of specialization. Moreover, they get bonuses for hitting particular milestones. Bank of America Advantage Savings is the bank's main savings product. San Diego, CA, University of California Santa Cruz - To effectively help clients, advisors interview clients to understand their financial situation. The average salary for a Financial Advisor is $56,536 per year in Canada, which is 7% lower than the average Bank of America salary of $61,059 per year for this job. Check out the latest Financial Advisor Development Program Jobs or see Financial Advisor Development Program Salaries at other companies. Based on 3 salaries posted anonymously by Bank of America Financial Advisor employees in Willow Grove. The highest paid Financial Solutions Advisors work for Bank of America at $85,000 . To become a stockbroker, one must have a bachelors degree in finance or business-related courses. Average salary for Bank of America Vice President Financial Solutions Advisor in Gibbsboro: US$86,796. Finding your . In the Bank of America Situational Judgement Test, you will be given a number of different scenarios which should take you between 20-30 minutes to complete. According to Indeed, the average financial advisor salary is $71,642 per year. Personal financial advisors working independently usually charge a fee for the service offered. Check out the latest Bank of America Jobs. Related Searches:All Financial Solutions Advisor Salaries|All Bank of America Salaries. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $120,643 look to you? They then tailor a comprehensive financial plan with a holistic approach to the clients financial situation. Only a licensed personal financial advisor is legally allowed to advise clients and sell securities, such as mutual funds, stocks, and bonds. Help make it more accurate by, Native Hawaiian or Other Pacific Islander, salary trajectory of a Financial Solutions Advisor. The best-paid 25% made $158,890 that year, while the lowest-paid 25% made $61,200. View the Cost of Living in Major Cities, Browse other Companies in the Financial Services Industry. The financial planners annual commission stands at $38,500. Streamlined solutions for every step of the compensation management journey, Continuously updated compensation datasets from Payscale and our partners, Flexible, customizable services and support for Payscale customers, End comp guesswork with our free job-pricing tool, From collection to validation, our data methodology delivers certainty, Meet the leaders dedicated to empowering better conversations around pay, Track and compare wage-growth by city, industry, company size, and job category, Access helpful tools and insights for career planning and salary negotiation, Explore real-world career trends and advice from the leaders in compensation, Uncover detailed salary data for specific jobs, employers, schools, and more, Take our salary survey to see what you should be earning. The estimated additional pay is $30,274 per year. The average salary for Financial Advisor Trainee at companies like Bank Of America in the United States is $73,114 as of December 27, 2022, but the range typically falls between $66,109 and $81,842. They also advise clients on the different investment options and recommend investment opportunities with the potential for high returns. Salary.com's CompAnalyst platform offers: These charts show the average base salary (core compensation), as well as the average total cash compensation for Financial Advisor Trainee in companies like Bank Of America in the United States. Lastly, acquiring the right certifications and licences increases an advisors employment rate. If professionally done, social media can be a powerful tool to draw in new clients. . Level of Education: Gaining advanced degrees This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The question that any aspiring financial advisor asks is, how much do financial advisors make? Equal Housing Lender. The average salary for a Financial Solutions Advisor is $65,546 per year in United States, which is 43% lower than the average Bank of America salary of $115,643 per year for this job. Compensation data tools, salary structures, surveys and benchmarks. Related Searches:All Financial Solutions Advisor Salaries|All Bank of America Salaries. Based on 3 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Groton. To view the "EEO is the Law" Supplement, CLICK HERE. They research market trends to come up with investment strategies, where to invest and why. The average financial advisors salary varies depending on their designation. The estimated base pay is $5,608 per month. Average salary for Bank of America Merrill Financial Solutions Advisor in Sarasota: US$55,000. . Advisors that work for brokerage firms, financial institutions such as banks, or investment firms are often paid a base salary. Wealth management specialists offer specialized financial services to affluent clients. Similarly, those starting their career are most likely making less than the average. They can effectively give their clients financial analysis thats in line with the market outlook. Bank of America Corp. (BOFA) employees with the job title Executive Director make the most with an. Yes, you can. The program will enable advisors to develop skills in servicing clients across wealth bands and access the deep breadth of relationships across the Enterprise. We look forward to helping you become the Merrill Financial Advisor of the future where you'll be rewarded for helping your clients achieve their financial goals. The salary trajectory of a Financial Solutions Advisor Trainee ranges between locations and employers. The base salary for Financial Advisor Trainee in companies like Bank Of America range from $66,109 to $81,842 with the average base salary of $73,114. As a part of the Big Four, it services approximately 10.73% of all American bank deposits, in direct competition with Citigroup, Wells Fargo, and JPMorgan Chase. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. The average salary for a financial advisor is $83,654 per year in the United States and $17,800 commission per year. Related Searches:All Financial Solutions Advisor Trainee Salaries|All Bank of America Salaries. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. You can click the Return to Bank of America button now to return to the previous page or you can use the Back button on your browser after you leave. Visit PayScale to research financial advisor salaries by city, experience, skill, employer and more. Analysis based on average balances for the 6 months prior to March 2017 ("pre" period) and the 6 months after March 2017 ("post" period). Good investment options available for employees in various career points.. Since they also earn commission and bonuses, their income is lucrative. The total cash compensation, which includes bonus, and annual incentives, can vary anywhere from $67,507 to $84,718 with the average total cash compensation of $75,006. and our The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $32 to $41 with the average total hourly cash compensation of $36. "This program enables people from a wide range of backgrounds and experience levels to become successful advisors. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $54,758 - $67,819 look to you? The Bank of America Corporation (abbreviated as BofA) is an American multinational investment bank and financial services company based in Charlotte, North Carolina with central hubs in New York City, London, Hong Kong, Minneapolis, and Toronto. Schedule an appointment with a specialist to discuss your banking, investments, home loan, or small business needs. The more experienced an advisor is, the higher their annual wage. Salaries by years of experience in the United States View job openings with the years of experience that is relevant to you on Indeed View jobs Is this useful? This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Financial Advisor (Former Employee) - Birmingham, AL - May 15, 2022 Bank of America provides all the tools you need to succeed and grow in your career. The average hourly rate for Financial Advisor Trainee in companies like Bank Of America range from $32 to $39 with the average hourly pay of $35. See if they're hiring! See if they're hiring! 2300 S Michigan Ave, Chicago, IL 60616. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. Based on 2 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Cumming. See user submitted job responsibilities for Financial Advisor Trainee. The estimated base pay is $59,272 per year. Based on 11 salaries posted anonymously by Bank of America Financial Advisor employees in Groton. Make my favorite 23rd & Michigan. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Clients tell us that the delivery of personalized advice across our companys full spectrum of banking, lending, investing and planning capabilities is what they need from a Financial Advisor. Bank of America, N.A. Financial Advisor Trainee at companies like Bank Of America, Bank Of America Financial Advisor Trainee, Bank Of America Financial Advisor Trainee Salaries with a Bachelor's Degree, Bank Of America Financial Advisor Trainee Salaries with a Master's Degree or MBA, Bank Of America Financial Advisor Trainee Salaries with a JD, MD, PhD or Equivalent, Detailed skills and competency reports for specific positions. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. These benefits might include health insurance, professional development assistance, life insurance, wellness programs, and dental insurance, among others. Good investment options available for employees in various career points., Financial Advisor Trainee Salaries by Location. Future advisors will benefit from direct interaction with clients and business leaders and will have access to opportunities that promote long-term success as Merrill Financial Advisors. Advisors working for companies are paid every month, while the firm themselves might charge clients annually.They might also charge a flat rate for services offered or an hourly fee for consultancy services.Advisors might also settle for a fee-only or fee-based payment when working independently. Beyond the overall income, advisors have several other benefits depending on the employer. Remote, OR, JPMorgan Wealth Management - Private Client Investment Associate - San Diego, CA, JPMorgan Chase - The estimated total pay for a Financial Solutions Advisor at Bank of America is $115,643 per year. Similar Job Titles: There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Average salary for Bank of America Financial Advisor Trainee in Cumming: USD 73,696. Please try broadening your parameters to see results. Financial Advisor Average Financial Advisor Salary at Bank of America Corporation $61,042 / year Avg. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $48,346 per year. A CFA can be a portfolio manager, a relationship manager, a chief investment officer, a risk manager, a financial analyst, or a consultant. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,895 look to you? Financial Industry Regulatory Authority (FINRA) requires registered representatives to pass series 63 and series 7 exams. Additional pay could include bonus, stock, commission, profit sharing or tips. Client Relationship & Advisor; Customer Service; Investment & Trading. Change of employer: Average salary for Bank of America Financial Solutions Advisor Core Ii in San Luis: US$49,793. In this model, an advisor gets paid a percentage if they sell a product to a client. Based on 1 salaries posted anonymously by Bank of America Merrill Financial Solutions Advisor employees in Sarasota. In terms of compensation, Ameriprise Financial Inc ranks top with an average of $61,277. Financial advisor entry-level salary is roughly $49,623, while those with one to four years experience average salary is $55,428. Some related job titles areFinancial Advisor salaries with median pay of $112,082,Investment Consultant salaries with median pay of $123,425,PMD Financial Advisor salaries with median pay of $92,750,Financial Advisor Associate salaries with median pay of $86,461. Managing a portfolio of clients by providing exceptional client care with industry leading products, services, and education. CFA consultants help clients make informed investments decisions. Financial Advisor salaries at Bank of America can range from $54,758-$67,819. We also prohibit discrimination on other bases such as medical condition or marital status under applicable laws. Pay, Whether you are hiring a single employee , or an entire department of, The labor market is a strange place right now. Advisors working close to or in big cities earn more than their counterparts in smaller towns. opt out of online behavioral advertising The platform places the average commission of a financial advisor at $30,366. Relationship-based ads and online behavioral advertising help us do that. In addition, one must have a chartered financial analyst certification. Based on 3 salaries posted anonymously by Bank of America Financial Advisor employees in Cayce. To view the "EEO is the Law" poster, CLICK HERE. Financial advisors help clients plan for both Read more, Our data indicates that the highest pay for a Financial Advisor is $77k / year, Our data indicates that the lowest pay for a Financial Advisor is $57k / year. Based on 2 salaries posted anonymously by Bank of America Financial Advisor employees in Lachute. Client Relationship & Advisor; Customer Service 1st shift Travel: Yes, 5% of the time Posted 01/09/2023 Multiple Locations Consumer Investments Financial Solutions Advisor Development Program - Franklin Park Financial Center, Franklin Park, IL Consumer & Small Business Client Relationship & Advisor; Customer Service; Investment & Trading Indeed suggests that the average annual wage for advisors is $71,642. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Social media platforms like LinkedIn and Facebook are great for reaching out to high net worth prospects. Similarly, experienced advisors with 10-19 years get an average pay of $92,839. The salary trajectory of a Financial Solutions Advisor ranges between locations and employers. It is the second largest banking institution in the United States, after JP Morgan Chase. Our local team of specialists is ready to help with advice and guidance, wherever you may be in your financial journey. The amount an advisor earns for managing assets is prone to increase as a clients investment value increases. To become a certified financial planner, one must have a degree and also pass the CFP examination. and our Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vunjp", "fluid": true }, Averages based on self-reported salaries. Bank of America is not responsible for and does not endorse, guarantee or monitor content, availability, viewpoints, products or services that are offered or expressed on other websites. We strive to provide you with information about products and services you might find interesting and useful. The average salary for an Entry-Level Financial Advisor at Bank of America Corp. (BOFA) is $57,391. It takes a $100 minimum deposit to open this account. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. ", "The resources and coaching provided have proved to be invaluable in my development. showing results for all locations, Advisor Development Program Financial Solutions Advisor Trainee- Eastshore Financial Center - Berkeley, CA, Advisor Development Program Financial Solutions Advisor Trainee- Atascadero Financial Center- Atascadero, CA, Advisor Development Program - Financial Solutions Advisor - Speedway FC, Indianapolis, IN, Advisor Development Program - Financial Solutions Advisor - Ypsilanti FC, Ypsilanti, MI, Advisor Development Program Financial Solutions Advisor Trainee - South Texas Locations, Advisor Development Program Financial Solutions Advisor Trainee- Petaluma Financial Center - Petaluma, CA, Advisor Development Program Financial Solutions Advisor Trainee- Tracy Financial Center - Tracy, CA, Advisor Development Program Financial Solutions Advisor Trainee - Gulfgate Financial Center - Houston, TX, Advisor Development Program Financial Solutions Advisor Trainee- Placerville Financial Center - Placerville, CA, Advisor Development Program Financial Solutions Advisor Trainee - Lindsay & McKellips Financial Center - Mesa, AZ, Advisor Development Program Financial Solutions Advisor Trainee - East Bremerton Financial Center - Bremerton, WA, Financial Solutions Advisor - Participant Services, Advisor Development Program Financial Solutions Advisor Trainee- Oroville Financial Center - Oroville, CA, Advisor Development Program Financial Solutions Advisor Trainee - Jackson Financial Center - Jackson, CA, Advisor Development Program Financial Solutions Advisor Trainee- Fruitvale Financial Center - Oakland, CA, Advisor Development Program Financial Solutions Advisor Trainee- Anaheim Main Financial Center- Anaheim, CA. Help make it more accurate by adding yours. Their aim is to help clients meet their financial goals, whether its saving for childrens college, diversifying investment portfolios, planning for retirement, or saving for the future. Bank of America financial center with drive-thru ATM | 30 Main St, Prince Frederick, MD 20678 Our financial center with drive-thru ATM in Prince Frederick makes it easy to take care of a full range of financial needs. Indeed estimates that the national average salary of a certified financial planner (CFP) is $70,639. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. The estimated total pay for a Financial Advisor Trainee at Bank of America is $89,895 per year. Average Salaries at Bank of America Popular Roles Client Associate $20.77 per hour Lending Officer $85,284 per year Investment Banker $271,216 per year Management Vice President $126,045 per year Assistant Vice President $73,425 per year Vice President of Finance $91,526 per year Sales Financial Advisor $63,121 per year Relationship Manager Check out the latest Bank of America Jobs. As a Financial Solutions Advisor Stage I, you can look forward to Unlimited potential for financial growth. Suppose an advisor is managing assets worth $1,000,000 and charges 2% for AUM. Investment advisors work with investment companies, financial planning firms, or financial institutions. I have heard stories of some heavy-hitters in other offices managing $1 billion for a single client and a team of two Wealth Advisors that manage $10 billion between them. Apart from the base salary, an advisor may get a commission if they sell an investment product or hit a particular milestone. The Bank of America Advisor Development Program Advisor Development Program (Relationship Manager) 8 months Work in a Bank of America financial center Be a key part of the financial center team Support clients across the banking spectrum Engage with clients who visit a financial center Work on core banking, credit and lending solutions Financial The salary starts at $57,682 per year and goes up to $257,167 per year for the highest level of seniority. See if they're hiring! Overall, stockbrokers earn between $61,084 and 74,140 per year. Talking to clients to understand their financial goals. If an advisor is committed to learning and growing their career, they can increase their income several folds. The salary trajectory of a Financial Advisor Development Program ranges between locations and employers. The national average salary for a Financial Advisor is $56,538 in Canada. In ADP, you can enter the program from the beginning, or join us where your skills and experience align. Your input helps Glassdoor refine our pay estimates over time. Source: Wikipedia (as of 04/17/2019). Transform pay with our enterprise-grade comp platform, Automate compensation with our full-suite solution, Payscale's employer-reported salary data network, The world`s largest employee-submitted pay database, Annual survey salary data from HR industry publishers, The crowdsourced compensation data API for developers, 100% company submitted data from 2,000+ businesses, Schedule a personalized demo to feel the power of Payscale, Find salary information for similar job titles and locations, Comp Planning Business Case Pitch Deck By clicking Download Pitch Deck, you. Our Drug-Free Workplace and Alcohol Policy (Policy) establishes requirements to prevent the presence or use of illegal or illicit drugs or unauthorized alcohol on Bank of America premises and to provide a safe work environment. Step-By-Step Pay Equity Analysis Guide Product Guide By clicking Download Product Guide, Do you know what your employees really want for the holidays? Learn how this feature works. The salary trajectory of a Financial Solutions Advisor ranges between locations and employers. Directions | Details & Services. Copyright 20082023, Glassdoor, Inc. "Glassdoor" and logo are registered trademarks of Glassdoor, Inc. { "name": "Native_infosite_salary_detail_fluid_en-US","id": "div-AdSlot-ld1vuscj", "fluid": true }, All Financial Solutions Advisor Trainee Salaries, Financial Solutions Advisor Trainee Career, average salary for a Financial Solutions Advisor Trainee is $56,913 per year in United States, salary trajectory of a Financial Solutions Advisor Trainee, Financial Solutions Advisor Trainee Salaries. , they can increase their income several folds discuss your banking, investments, loan... Advisor ranges between locations and employers Diego, CA, University of California Santa Cruz - to effectively clients..., Chicago, IL 60616 49,623, while those with one to four years average... Their career are Most Likely making less than the average Financial advisors working close to or in big Cities more... Big Cities earn more than their counterparts in smaller towns service ; investment & Trading '',... Or in big Cities earn more than their counterparts in smaller towns multiple! $ 57,413 per year by Location per month the different investment options and recommend investment opportunities the! Guide product Guide, do you know what your employees really want for the service.! Unlimited potential for Financial growth experience average salary for Bank of America is $ 5,608 per month salary.... Dental insurance, wellness programs, and education it more accurate by, Native Hawaiian or other Pacific Islander salary. City, experience, skill, employer and more, or investment firms are often paid a percentage they. Helps Glassdoor refine our pay estimates over time Browse other companies 48,346 per year Native or. Apart from the base salary, an Advisor gets paid a base salary making less than the average Advisor... You may be multiple reasons for pay differences - one of which is a small number of submitted. Inc ranks top with an 61,042 / year Avg Jobs or see Financial Advisor salaries Bank... Employees in Groton assets worth $ 1,000,000 and charges 2 % for AUM earn commission bonuses. Field, Financial planner ( CFP ) is $ 57,391 the highest level of.! Series 7 exams is roughly $ 49,623, while those with one to four years experience salary! America is $ 55,428 and recommend investment opportunities with the job title Executive Director make the with... Representatives to pass series 63 and series 7 exams, their income is.... Additional pay is $ 5,608 per month national average salary is $ 59,272 per year [ salary ] $ look... Increases an advisors employment rate include health insurance, among others a if... Learning and growing their career, they can increase their income several folds `` Most Likely Range represents... Services Industry can look forward to Unlimited potential for high returns experience average salary for of! America salaries How accurate does $ 120,643 look to you in terms of compensation, Ameriprise Financial Inc top! Is roughly $ 49,623, while those with one to four years experience average for... Team of specialists is ready to help with advice and guidance, wherever you may be multiple reasons pay. Diego, CA, University of California Santa Cruz - to effectively help clients, advisors have other. Provide you with information about products and services you might find interesting and useful, wellness programs and. Trainee at Bank of America Corporation $ 61,042 / year Avg number of salaries submitted per.! Clients to understand their Financial situation 49,623, while the lowest-paid 25 % made $ 158,890 that,... Related Searches: All Financial Solutions Advisor Salaries|All Bank of America Financial Advisor employees in San Luis US! Become a certified Financial planner ( CFP ) is $ 71,642 per.... Portfolio of clients by providing exceptional client care with Industry leading products,,! Planner salary varies depending on experience and area of specialization specialists offer Financial. $ 59,272 per year, the average salary for Bank of America Advantage Savings is the Law '' poster CLICK... On 11 salaries posted anonymously by Bank of America Corporation $ 61,042 / year Avg,... America can Range from $ 54,758- $ 67,819, University of California Santa Cruz to..., services, and education a comprehensive Financial plan with a holistic approach the... Pay could include bonus, stock, commission, profit sharing or tips you find! Of relationships across the Enterprise and growing their career, they can increase their income several folds advisors several! ) requires registered representatives to pass series 63 and series 7 exams be invaluable in my Development advisors develop! And 74,140 per year in the field, Financial institutions such as banks or! With a specialist to discuss your banking, investments, home loan, or join US where your and. Stockbroker, one must have a chartered Financial analyst certification a holistic approach to clients! Can increase their income is lucrative across the Enterprise people from a Range... Percentage if they sell an investment product or hit a particular milestone a to!, they get bonuses for hitting particular milestones Download product Guide by clicking Download Guide! Become a certified Financial planner ( CFP ) is $ 5,608 per month a chartered Financial analyst.. Get a commission if they sell a product to a client 89,895 look to you our pay estimates over.. Bands and access the deep breadth of relationships across the Enterprise we prohibit. Media platforms like LinkedIn and Facebook are great for reaching out to high net prospects. Trainee in Cumming: USD 73,696 for the holidays Executive Director make the Most with an CFP examination Financial with. Pay Equity analysis Guide product Guide by clicking Download product Guide by clicking Download product Guide clicking... A degree and also pass the CFP examination on 1 salaries posted anonymously by Bank of America Financial asks... In Lachute discrimination on other bases such as medical condition or marital status under laws! Guide, do you know what your employees really want for the highest paid Financial Solutions Advisor employees. Institution in the Financial planners annual commission stands at $ 85,000, surveys and benchmarks Solutions advisors for... Development Program salaries at other companies America Merrill Financial Solutions Advisor Most with bank of america financial advisor salary which! America is $ 55,428 a bachelors degree in finance or business-related courses a tool! Be multiple reasons for pay differences - one of which is a small number of submitted. Do you know what your employees really want for the highest level of seniority programs. ``, `` the resources and coaching provided have proved to be invaluable in my Development online! Range from $ 54,758- $ 67,819 market trends to come up with investment strategies, where to invest why. Firms are often paid a base salary year and goes up to $ 257,167 year. Tailor a comprehensive Financial plan with a specialist to discuss your banking, investments, home,! For an entry-level Financial Advisor asks is, How much do Financial advisors make ) is $ 30,274 year! Financial institutions `` EEO is the Law '' poster, CLICK HERE services you might find interesting useful! Servicing clients across wealth bands and access the deep breadth of relationships the. Become a stockbroker, one must have a chartered Financial analyst certification be invaluable in my Development making less the. Want for the service offered clients Financial situation asks is, How much do Financial working. To become a certified Financial planner ( CFP ) is $ 30,274 year! Submitted job responsibilities for Financial growth it is the second largest banking institution in the field Financial... Open this account and access the deep breadth of relationships across the Enterprise of a Financial Development! Successful advisors salary of a Financial Solutions Advisor Industry Regulatory Authority ( FINRA ) requires representatives... Advertising the platform places the average salary for Bank of America Financial Advisor in... Become successful advisors average Financial advisors working independently usually charge a fee for the service offered such! America is $ 71,642 per year salary varies depending on experience and area of.. $ 56,538 in Canada Advisor asks is, the higher their annual wage investment work... In Cumming: USD 73,696 ``, `` the resources and coaching have... Differences - one of which is a small number of salaries submitted per job particular milestone loan, or US! Estimated total pay for a Financial Solutions Advisor Trainee salaries by Location where skills. Interview clients to understand their Financial situation the market outlook prone to increase a. Your Financial journey $ 49,793 % for AUM America bank of america financial advisor salary Range from 54,758-... Other professionals in the field, Financial planning firms, Financial Advisor at Bank of America was through. In Sarasota structures, surveys and benchmarks the question that any aspiring Financial Advisor at Bank of Financial! 158,890 that year, while the lowest-paid 25 % made $ 61,200:. Any aspiring Financial Advisor average Financial Advisor employees in Groton to the clients situation... $ 85,000 income, advisors interview clients to understand their Financial situation Cost of in... Other companies what your employees really want for the highest level of seniority what your employees really want the... Advisor Salaries|All Bank of America at $ 30,366 asks is, How much do Financial advisors make investment strategies where! This Program enables people from a wide Range of bank of america financial advisor salary and experience levels to successful! Experience and area of specialization and charges 2 % for AUM Hawaiian or other Islander! Input helps Glassdoor refine our pay estimates over time in Sarasota with 10-19 years get an average pay $! Assets worth $ 1,000,000 and charges 2 % for AUM the service offered, acquiring right! Up with investment companies, Financial planning firms, Financial planning firms or! Roughly $ 49,623, while those with one to four years experience average salary of a Solutions. Is prone to increase as a clients investment value increases to help with advice and guidance, wherever you be! Financial institutions such as bank of america financial advisor salary, or Financial institutions such as medical condition or marital status applicable. Strive to provide you with information about products and services you might interesting!

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