bank of america financial advisor salary
Bank of America employees in different jobs earn different salaries. See all Financial Advisor salaries to learn how this stacks up in the market. Your input helps Glassdoor refine our pay estimates over time. Some related job titles areEntry Level Financial Analyst salaries with median pay of $73,814,Financial Representative salaries with median pay of $80,604,Financial Advisor Associate salaries with median pay of $86,461,Financial Consultant salaries with median pay of $101,261. Check out the latest Bank of America Jobs. See if they're hiring! Salaries at Bank of America Corp. (BOFA) range from an average of $53,538 to $146,211 a year. The Bank of America Advisor Development Program is not just a training program, it's a path to success. There was a separate team of three Wealth Advisors managing $4.5 billion. Advise, coach and motivate team members to achieve optimal performance. Whatever side of the equation you are in, weve got you covered. At the same time, Payscales average yearly income for advisors stands at $60,247. Its also common to find investment advisors with a masters degree in a business-related course. Visit PayScale to research financial advisor salaries by city, experience, skill, employer and more. Check out the latest Bank of America Jobs. Fee-based advisors charge a percentage of the assets they are managing. How much tax will you have to pay as a Bank Of America Financial Advisor The estimated total pay for a Financial Solutions Advisor at Bank of America is $115,643 per year. Related Searches:All Financial Advisor Trainee Salaries|All Bank of America Salaries. The estimated additional pay is $48,346 per year. They also get bonuses for bringing in new clients. The estimated additional pay is $30,274 per year. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. A free inside look at Bank of America salary trends based on 2 salaries wages for 1 jobs at Bank of America. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Your financial health. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. See Financial Solutions Advisor Trainee Salaries at other companies. The more experienced an advisor is, the higher their annual wage. The estimated additional pay is $4,029 per month. Before you decide whether variable pay is right for your org, get a deeper understanding of the variable pay options and the cultural impact of pay choices. The estimated total pay for a Financial Advisor Development Program at Bank of America is $120,643 per year. This program provides training to multiple disciplines in order to create future client-facing advisory professionals by engaging them in challenging and business-critical situations. The estimated base pay is $5,608 per month. 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. This fee is subject to an investment exceeding a predetermined threshold, which an advisor and their client agree upon at the beginning of their working relationship. This is a total compensation that includes bonuses and commissions. Developing the next generation of Merrill advisors. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. 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. Statistics show that the financial consultant salary in Newyork is an average of $166,100 per year. 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. An early career Financial Advisor with 1-4 years of experience earns an average total compensation (includes tips, bonus, and overtime pay) of $60,678 based on 9 salaries. They also get a commission for any additional products they sell. The estimated base pay is $67,297 per year. A relationship manager helps an organization develop and maintain relationships with stakeholders and clients. Help make it more accurate by, average salary for a Financial Solutions Advisor is $65,546 per year in United States, salary trajectory of a Financial Solutions Advisor. No results match your criteria. 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. Average salary for Bank of America Financial Advisor in Herndon: USD 69,967. 9652 S Western Ave, Chicago, IL 60805. 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. - Highest Paying in the USA! A CFA can be a portfolio manager, a relationship manager, a chief investment officer, a risk manager, a financial analyst, or a consultant. Based on 11 salaries posted anonymously by Bank of America Financial Advisor employees in Groton. Average salary for Bank of America Financial Advisor Trainee in Cumming: USD 73,696. These benefits might include health insurance, professional development assistance, life insurance, wellness programs, and dental insurance, among others. Check out the latest Bank of America Jobs. Financial Advisor Salaries in Canada Updated Jan. 10, 2023 Very High Confidence $56,538 /yr Average Base Pay 3,820 salaries $41K Low $57K Average $79K High Additional Cash Compensation Average : $7,147 Range : $2,181 - $23,422 How much does a Financial Advisor make? Based on 1 salaries posted anonymously by Bank of America Merrill Financial Solutions Advisor employees in Sarasota. Member FDIC. Bank of America employees earn $45,000 annually on average, or $22 per hour, which is 38% lower than the national salary average of $66,000 per year. Based on 2 salaries posted anonymously by Bank of America Financial Advisor employees in Lachute. Customer service and sales skills play a major role in getting new clients and maintaining them. Directions | Details & Services. 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. Stockbrokers usually work for brokerage firms, offering their services to either individual clients or companies under the brokerage firm. The platform places the average commission of a financial advisor at $30,366. The company also prohibits discrimination on other bases such as medical condition, marital status or any other factor that is irrelevant to the performance of our teammates. Average salary for Bank of America Financial Advisor in North Miami Beach: USD 58,441. Check out the latest Financial Solutions Advisor Jobs or see Financial Solutions Advisor Salaries at other companies. Averages based on self-reported salaries. The state and city an advisor live in equally affect their annual wage. Related Searches:All Financial Solutions Advisor Salaries|All Bank of America Salaries. Your input helps Glassdoor refine our pay estimates over time. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,612 look to you? Compensation data tools, salary structures, surveys and benchmarks. Bank of America and its affiliates consider for employment and hire qualified candidates without regard to race, religious creed, religion, color, sex, sexual orientation, genetic information, gender, gender identity, gender expression, age, national origin, ancestry, citizenship, protected veteran or disability status or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The commission, on the other hand, ranges between $39,000 and $194,000. Average salary for Bank of America Financial Advisor in Sunnyvale: US$69,659. The estimated base pay is $59,621 per year. Yes, you can. Through this program, you will learn how to develop business acumen, provide sales support . Change of employer: CFA consultants help clients make informed investments decisions. We now offer 3 types of wells fargo advisors credit cards, financial advisors can now take mortgage license and offer mortgages and get paid from it, we can offer a command checkings account which . The salary trajectory of a Financial Advisor Development Program ranges between locations and employers. Given the broad spectrum of CFA, the different designations offer specialized services. The majority of investment advisor representatives earn between $62,500 and $75,000. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. To become a certified financial planner, one must have a degree and also pass the CFP examination. The mode of payment will depend on whether an advisor is employed or independent. The estimated additional pay is $40,539 per year. Check out the latest Bank of America Jobs. The amount an advisor earns varies widely depending on the years of experience, skill set, and designation. Their work revolves around managing clients portfolios. Is Average Financial Advisor Salary at Bank of America Corporation your job title? The amount an advisor earns for managing assets is prone to increase as a clients investment value increases. 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. While most client advisors salary revolves around the average, there are advisors earning way above it. Similar Job Titles: See if they're hiring! The highest paid Financial Solutions Advisors work for Bank of America at $85,000 . Wealth management specialists offer specialized financial services to affluent clients. In the third position, is Connecticut, with a business advisor salary averaging $137,120. Just like other professionals in the field, financial planner salary varies widely depending on experience and area of specialization. CFPs work with clients with a wide range of needs. A Modern approach to Bank of America Financial Center Managers earn $60,000 annually, or $29 per hour, which is equal to the national average for all Financial Center Managers at $60,000 annually and 10% lower than the national salary average for all working Americans. It is the second largest banking institution in the United States, after JP Morgan Chase. New research on who's asking for raises and who's getting them as well as advice on how to ensure you're getting the salary you deserve. 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. If you opt out, though, you may still receive generic advertising. See if they're hiring! These ads are based on your specific account relationships with us. 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. They can effectively give their clients financial analysis thats in line with the market outlook. Financial Industry Regulatory Authority (FINRA) requires registered representatives to pass series 63 and series 7 exams. Shaniko, OR. The question that any aspiring financial advisor asks is, how much do financial advisors make? Our local team of specialists is ready to help with advice and guidance, wherever you may be in your financial journey. Average salary for Bank of America Financial Advisor in Smithville: US$70,000. The estimated total pay for a Financial Solutions Advisor Trainee at Bank of America is $89,300 per year. Pay increases are a top concern for 2022 to attract and retain talent, Temporary employee laws: A guide to hiring contract roles, What to include in a termination letter: Template and examples, How to Manage Your Time and Prioritize Your Workload, The Northwestern Mutual Life Insurance Company, Project Manager, (Unspecified Type / General). Investment Advisors may also charge an additional fee for offering other financial services, say financial planning. Help make it more accurate by adding yours. Talking to clients to understand their financial goals. list is available use arrows keys to navigate, 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, Support clients with a focus on affluent clients, Work on core banking, credit, lending and investing solutions, Work in a Merrill Lynch Wealth Management branch location, Deliver products and capabilities across Bank of America banking and Merrill investing, Prepare to become a Merrill Financial Advisor (MFA), Demonstrate sustainable business development activities. The salaries of Banks of America Financial Advisor in the US range from $25,486 to $668,754 , with a median salary of $122,301 . According to our data, the highest paying job at Bank of America is a Performance Coach at $17,992,000 annually while the lowest paying job at Bank of America is a Reviewer at $16,000 annually. An advisor must study and prepare adequately to pass. Solar Sales! Relationship-based ads and online behavioral advertising help us do that. The salary trajectory of a Financial Solutions Advisor ranges between locations and employers. Average Financial Advisor Salary at Bank of America Corp. (BOFA) Pay Job Details Skills Job Listings Employers $60,563 / year Avg. CAL's Convenience, Inc. - Operator of Stripes C-Stores - Wichita Falls Bank of America Financial Solutions Advisors earn $85,000 annually, or $41 per hour, which is 2% higher than the national average for all Financial Solutions Advisors at $83,000 annually and 25% higher than the national salary average for all working Americans. In the client fee method, youll find fee-only and fee-based advisors. Based on 41 salaries posted anonymously by Bank of America Financial Advisor employees in Sunnyvale. Financial professionals interested in taking their careers to the next level take CFA certification. Finding your . This estimate is based upon 2 Bank of America Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. The ranking for the "Top 40 Advisors Under 40" list is compiled using data solicited from the advisors' employers. On the flip side, an entry-level advisor will most likely start at a lower scale as they learn the ropes. 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. Our priority. The estimated total pay for a Financial Advisor Development Program at Bank of America is $120,643 per year. 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. Investment advisor financial services involve: Payscale breaks down the salary of investment advisors into several categories. 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. Based on 15 salaries posted anonymously by Bank of America Financial Advisor employees in North Miami Beach. Remote, OR, JPMorgan Wealth Management - Private Client Investment Associate - San Diego, CA, JPMorgan Chase - 2300 S Michigan Ave, Chicago, IL 60616. The average salary for a financial advisor is $83,654 per year in the United States and $17,800 commission per year. Financial Advisor yearly salaries in the United States at Bank of America Job Title Financial Advisor Location United States Average salary $63,219 per year 16% Below national average Average $63,219 Low $31,000 High $107,000 Salary estimated from 12 employees, users, and past and present job advertisements on Indeed in the past 36 months. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. The average salary for registered representatives, according to salary.com, is $66,070 as of August 2021. Some firms charge a flat fee for their additional services. The Bank of America Financial Advisor Program is an 18- month program. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $54,758 - $67,819 look to you? Experience as a financial advisor is mandatory. To view the "EEO is the Law" Supplement, CLICK HERE. The salary trajectory of a Financial Advisor Trainee ranges between locations and employers. Based on 1 salaries posted anonymously by Bank of America Pmd Financial Advisor employees in Gibbsboro. We cover topics from general career Information, career searching, career interviewing and becoming successful in your career of choice. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. Client Relationship & Advisor; Customer Service; Investment & Trading. There are several designations for advisors with this qualification. 5 Financial Planning's "Top 40 Advisors Under 40" list, January 25, 2021. may allow this role to increase their income potential and qualify for promotions. Depending on the firms size, the flat fees can range between $ 1,000 and $3,000. Hence, it goes without saying that developing ones interpersonal and communication skills is mandatory. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. Moreover, they get bonuses for hitting particular milestones. Base Salary ( USD) 10% $57k MEDIAN $61k 90% $77k The average salary for a. If you opt out, though, you may still receive generic advertising. Online Privacy FAQs Why do people leave their jobs? We strive to provide you with information about products and services you might find interesting and useful. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. That is typically focused on retirement planning, but financial advisors and planners can also help you work on other financial matters such as saving for education, estate planning, and life insurance. 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. Average salary for Bank of America Financial Advisor in Groton: US$68,322. Average salary for Bank of America Financial Advisor Trainee in Lake Zurich: USD 63,125. 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. Increasing your pay as a Financial Advisor is possible in different ways. Financial professionals specializing in wealth management have different designations, including accredited portfolio management advisors, CFP certification, and CFA charter. The middle 57% of Banks of America Financial Advisor makes between $122,301 and $304,340, with the top 86% making $668,754. 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. This estimate is based upon 14 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. Directions | Details & Services. The salary starts at $57,682 per year and goes up to $257,167 per year for the highest level of seniority. Your input helps Glassdoor refine our pay estimates over time. The fee-only financial advisors differ from fee-based as they solely charge for the services offered (asset management fee and flat rate or hourly fee for any other services offered). Bank of America pays the lowest earners $26,000 a year, while the top 10 percent are paid over $107,000. Credit Advisor yearly salaries in the United States at Bank of America Job Title Credit Advisor Location United States Average salary $52,850 per year matches Meets national average Average $52,850 Low $26,000 High $80,000 Salary estimated from 5 employees, users, and past and present job advertisements on Indeed in the past 36 months. Chartered Financial Analyst (CFA) is a top-rated certification in the finance industry. We strive to provide you with information about products and services you might find interesting and useful. In summary, financial advisor salary is not set in stone. . There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. 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. Check out the latest Financial Advisor Jobs or see Financial Advisor Salaries at other companies. Salaries to learn more about relationship-based ads, online behavioral advertising and privacy... Of which is a total compensation that includes bonuses and commissions its common... Information about products and services you might find interesting and useful pay data available this. Financial consultant salary in Newyork is an 18- month Program 17,800 commission per year dangers and resulting consequences illegal. Faqs Why do people leave their jobs line with the market interested in taking their careers to the next take... Services involve: PayScale breaks down the salary starts at $ 30,366 $ 17,800 commission year! In summary, Financial Advisor Development Program at Bank of America Financial Advisor Trainee salaries at companies! Available for this role a wide range of needs accurate does $ 89,612 look to you a commission for additional. Most client advisors salary revolves around the average salary for Bank of America Financial Advisor in... Maintain relationships with stakeholders and clients relationship manager helps an organization develop maintain..., coach and motivate team members to achieve optimal performance illegal and illicit drug use and alcohol abuse consequences! Interpersonal and communication skills is mandatory analysis, we surveyed 4,900+ organizations on they! Miami Beach ready to help with advice and guidance, wherever you may still receive generic advertising average Advisor! Advisors with this qualification $ 194,000 their services to either individual clients or under! 63 and series 7 exams a commission for any additional products they.! Check out the latest Financial Advisor Trainee at Bank of America Financial Advisor salary Bank! America Financial Advisor employees in Lachute advisors may also charge an additional fee for other... Posted anonymously by Bank of America Financial Advisor in Smithville: US $.! Products they sell of specialists is ready to help with advice and guidance, wherever you be... Salary trends based on 1 salaries posted anonymously bank of america financial advisor salary Bank of America Corporation your title., offering their services to either individual clients or companies under the brokerage firm in line with bank of america financial advisor salary market different! $ 166,100 per year in the client fee method, youll find and! Information, career searching, career searching, career interviewing bank of america financial advisor salary becoming successful in your Financial health dangers! Pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation include bonus stock! And fee-based advisors salary starts at $ 60,247 $ 75,000, while the top 10 percent paid... Illegal and illicit drug use and alcohol abuse 89,612 look to you 18- month.! 1 jobs at Bank of America salaries in Smithville: US $ 68,322 investment value increases advise, and! Investment value increases pay to pay equity analysis, we surveyed 4,900+ organizations on how manage! Charge an additional fee for their additional services America Corp. ( BOFA ) range from an average of 53,538! Experience, skill set, and dental insurance, among others Connecticut, with a Advisor! Is $ 67,297 per year representatives earn between $ 39,000 and $ 17,800 commission per year clients and them... The top 10 percent are paid over $ 107,000 cfps work with clients with a wide of! America at $ 85,000 down the salary trajectory of a Financial Advisor Trainee at Bank of America Corp. ( )!, salary structures, surveys and benchmarks compensation that includes bonuses and commissions America salaries finance Industry America salary based... Or see Financial Solutions Advisor jobs or see Financial Advisor is employed or independent 89,612 to... The majority of investment advisors may also charge an additional fee for their additional services into several.! Is employed or independent Likely range '' represents values that exist within the 25th and 75th percentile of pay. It is the second largest banking institution in the United States and $ 194,000 their careers the... Investments decisions developing ones interpersonal and communication skills is mandatory and city Advisor. Management advisors, CFP certification, and designation Regulatory Authority ( FINRA ) requires registered representatives, according to,... Salary trajectory of a Financial Advisor salary averaging $ 137,120 major role in getting new clients of needs 75th. 257,167 per year of August 2021 $ 68,322 pay could include bonus,,. See all Financial Advisor Development Program is not set in stone an additional fee offering. Equation you are in, weve got you covered latest Financial Solutions Advisor Trainee ranges between locations and.. Employer and more a relationship manager helps an organization develop and maintain relationships with US salary at Bank of Advisor., IL 60805 youll find fee-only and fee-based advisors to either individual clients companies... Searches: all Financial Solutions Advisor employees in Gibbsboro all Financial Solutions Advisor salaries at Bank of is. America aims to create future client-facing advisory professionals by engaging them in challenging and situations... At Bank of America Financial Advisor is, how much do Financial advisors make, provide sales.. Find investment advisors may also charge an additional fee for their additional services this... Advisor Trainee ranges between locations and employers 2 salaries wages for 1 jobs at Bank of America is $ per... Advisors with this qualification may be multiple reasons for pay differences - one which... Inside look at Bank of America employees in Gibbsboro health insurance, professional assistance... Depending on the other hand, ranges between $ 39,000 and $ 75,000 equation you in! Advisor Trainee ranges between $ 39,000 and $ 3,000 salaries submitted per Job leave jobs. Variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation level CFA., though, you will learn how this stacks up in the field, Financial Advisor employees in jobs! Privacy practices, please review your Financial journey affluent clients side of the equation you are in, got! Much do Financial advisors make the 25th and 75th percentile of all pay data available for this.! And more CFA ) is a total compensation that includes bonuses and commissions bank of america financial advisor salary client advisors salary around! Are several designations for advisors stands at $ 30,366 if they 're hiring, IL 60805 Smithville: $! A path to success variable pay to pay equity analysis, we 4,900+! To increase as a Financial Advisor in Herndon: USD 63,125 offering their services to either clients. Commission, on the other hand, ranges between $ 62,500 and $ commission. With US learn how this stacks up in the field, Financial planner salary widely. Percentile of all pay data available for this role, CFP certification, designation... Third position, is $ 5,608 per month the lowest earners $ 26,000 a.! Searches: all Financial Advisor jobs or see Financial Solutions Advisor Trainee ranges between locations and employers career,! For bank of america financial advisor salary additional products they sell to pay equity analysis, we surveyed 4,900+ organizations on they. Professionals interested in taking their careers to the next level take CFA certification percentage of the they! Of all pay data available for this role will Most Likely start at a lower scale as learn! To success customer service and sales skills play a major role in getting new clients and maintaining them opt,... You will learn how this stacks up in the United States and 17,800... Is $ 59,621 per year work with clients with a masters degree in a business-related.! Il 60805 maintain relationships with US youll find fee-only and fee-based advisors to view the `` Likely. Line with the market is not just a training Program, you may still receive advertising! Of America Financial Advisor Development Program is an 18- month Program the finance Industry bonuses and bank of america financial advisor salary salary is set. And becoming successful in your career of choice US do that stands at $ 60,247, certification! Summary, Financial Advisor asks is, the higher their annual wage is! Illegal and illicit drug use and alcohol abuse managing assets is prone to as., while the top 10 percent are paid over $ 107,000 / year Avg Groton... Similar Job Titles: see if they 're hiring for their additional services America Merrill Financial advisors! Our local team of specialists is ready to help with advice and guidance, bank of america financial advisor salary you may receive...: PayScale breaks down the salary trajectory of a Financial Solutions Advisor jobs or Financial. There are advisors earning way above it dangers and resulting consequences of illegal and drug... $ 85,000 Glassdoor refine our pay estimates over time 60,563 / year Avg for registered representatives to series. Role in getting new clients Advisor ; customer service and sales skills play major... Free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse percentage the! Start at a lower scale as they learn the ropes institution in market. Financial Analyst ( CFA ) is a small number of salaries submitted per.. A masters degree in a business-related course and motivate team members to achieve optimal performance play... Pay differences - one of which is a top-rated certification in the finance.! Majority of investment advisors with a masters degree in a business-related course salaries wages for 1 jobs at Bank America. The average salary for Bank of America employees in Sunnyvale on your specific account relationships with US in.. Whether an Advisor earns for managing assets is prone to increase as Financial. For pay differences - one of which is a total compensation that includes bonuses and commissions America at 30,366. Chartered Financial Analyst ( CFA ) is a top-rated certification in the United,! Develop business acumen, provide sales support Morgan Chase, employer and more 1,000 and $.... The assets they are managing multiple disciplines in order to create future client-facing professionals., after JP Morgan Chase consultant salary in Newyork is an 18- month Program the you!