$90k $90k
249k 249k
29.6% 29.6%
2.7/5 2.7/5
Bachelors Bachelors

How much does a Financial Advisor make in Vermont?

Average Financial Advisor Hourly Wage in Vermont

Financial Advisors earn a median hourly wage of $26.45. Hourly wages typically start from $18.43 and go up to $51.75.

Source: U.S. Department of Labor Bureau of Labor Statistics

Average Financial Advisor Yearly Salary in Vermont

Financial Advisors earn a median salary of $55,020 per year. Salaries typically start from $38,330 and go up to $107,640.

Source: U.S. Department of Labor Bureau of Labor Statistics

Learn more about the Financial Advisor job market for salaries of real jobs in your area. Alternatively, see what Financial Advisors earn in other states.

“In the wake of the recession, people are looking for guidance on how to build financial security after depleting short-term savings, tapping into retirement funds and losing home equity,’’ says Jennifer Grasz of Careerbuilder.com. “We see more demand for financial advisors.”

Salaries for financial advisors vary with experience. The trainee stage for most financial advisers lasts up to three years, as they establish a set of regular clients and start earning commissions. Eventually, brokerage firms tend to stop paying advisers a base salary. An entry-level financial advisor earns 17% below average, a mid-career financial advisor earns 27% above average, and a late-career financial advisor earns 105% above average.

In addition to salaries, financial advisors also receive compensation in the form of bonuses, profit sharing and commissions. According to Payscale.com, the average annual bonus received by a financial advisor ranges from $0 to $29,936. The average annual profit sharing compensation ranges from $1,163 to $15,115. The average annual commission compensation ranges from $3,912 to $186,292.

Financial advisors that have customer relationship management skills earn 2% above average, and those with financial analysis skills earn 3% above average. Financial advisors with sales skills earn 9% above average, those with investment planning skills earn 22% above average, those with investment management skills earn 38% above average, and advisors with portfolio management skills earn 56% above average.

Employment Type Mix

92%
Full-Time
8%
Part-Time

Source: Sokanu user data. View more Financial Advisor demographics

Salary Satisfaction

3.0
SCORE
476
RATINGS
Financial Advisors average a score of 3.0 out of 5 on our salary satisfaction scale. This places Financial Advisors in the 50th percentile of salary satisfaction.

Source: Sokanu user data. View more Financial Advisor satisfaction

How to Become a Financial Advisor

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Financial Advisor Earnings by Seniority

Top End Financial Advisor Earnings

The highest earning Financial Advisors in Vermont earn:

$51.75
an hour
$107,640
per year
Senior Financial Advisor Earnings

Senior Financial Advisors in Vermont earn:

$41.60
an hour
$86,530
per year
Experienced Financial Advisor Earnings

Experienced Financial Advisors in Vermont earn:

$26.45
an hour
$55,020
per year
Junior Financial Advisor Earnings

Junior Financial Advisors in Vermont earn:

$21.64
an hour
$45,020
per year
Starting Financial Advisor Earnings

Starting Financial Advisors in Vermont earn:

$18.43
an hour
$38,330
per year

Approximate values based on highest and lowest earning segments.

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Financial Advisor salary comparison

Financial Advisors earn less than 64% percent of Business careers in Vermont. Financial Advisor salaries are in the top 83% of all careers in Vermont.

Sales Manager Salary in Vermont $113k
Purchasing Manager Salary in Vermont $96k
Stock Trader Salary in Vermont $80k
Budget Analyst Salary in Vermont $64k
Financial Advisor Salary $60k
Sales Representative Salary in Vermont $57k
Revenue Agent Salary in Vermont $52k
Spa Manager Salary in Vermont $44k
Retail Salesperson Salary in Vermont $24k
Source:

Historical salary for Financial Advisors in Vermont

Source: U.S. Department of Labor Bureau of Labor Statistics
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