To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Payscale shows that as of September 2021, financial advisors national average base salary is $60,247. 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. We strive to provide you with information about products and services you might find interesting and useful. 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. Make my favorite 23rd & Michigan. 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 salaries of Banks of America Financial Advisor in the US range from $25,486 to $668,754 , with a median salary of $122,301 . Overall, stockbrokers earn between $61,084 and 74,140 per year. The Bank of America Advisor Development Program is not just a training program, it's a path to success. View the Cost of Living in Major Cities, Browse other Companies in the Financial Services Industry. 9652 S Western Ave, Chicago, IL 60805. Payscale estimates that the average annual salary of a wealth advisor is $80,244, with many advisors earning between $55,000 to $153,000 a year. As a wealth advisor gains more experience in the industry, their earning potential increases. Similar Job Titles: The estimated additional pay is $40,539 per year. The platform places the average commission of a financial advisor at $30,366. Additional pay could include bonus, stock, commission, profit sharing or tips. Based on 1 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Lake Zurich. Good investment options available for employees in various career points., Financial Solutions Advisor Salaries by Location. Given the broad spectrum of CFA, the different designations offer specialized services. 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. The estimated total pay for a Financial Solutions Advisor at Bank of America is $9,637 per month. Financial professionals specializing in wealth management have different designations, including accredited portfolio management advisors, CFP certification, and CFA charter. To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Financial Advisor Average Financial Advisor Salary at Bank of America Corporation $61,042 / year Avg. Whatever side of the equation you are in, weve got you covered. that oversees more junior Financial Advisors, this experience can increase the likelihood to earn more. According to Indeed, the average financial advisor salary is $71,642 per year. 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. An advisor must study and prepare adequately to pass. 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). See all Financial Advisor salaries to learn how this stacks up in the market. Schedule an appointment with a specialist to discuss your banking, investments, home loan, or small business needs. Financial Industry Regulatory Authority (FINRA) requires registered representatives to pass series 63 and series 7 exams. becoming a Financial Advisor. Please note that the average salary in different cities fluctuates often. 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. 110 N Wacker Dr, Chicago, IL 60606. Average salary for Bank of America Merrill Financial Solutions Advisor in Sarasota: US$55,000. The commission, on the other hand, ranges between $39,000 and $194,000. Entry-level planners earn an average of $50,892. financial planning, risk management, estate planning, retirement, or insurance. At the same time, Payscales average yearly income for advisors stands at $60,247. In this model, an advisor gets paid a percentage if they sell a product to a client. The estimated total pay for a Financial Solutions Advisor Trainee at Bank of America is $89,612 per year. Salaries posted anonymously by Bank of America employees. Since they also earn commission and bonuses, their income is lucrative. Based on 3 salaries posted anonymously by Bank of America Financial Advisor Trainee employees in Groton. Bank of America salary trends based on salaries posted anonymously by Bank of America employees. Career Employer is the ultimate resource to help you get started working the job of your dreams. 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. Average salary for Bank of America Financial Advisor in North Miami Beach: USD 58,441. Your input helps Glassdoor refine our pay estimates over time. Additional pay could include bonus, stock, commission, profit sharing or tips. Check out the latest Bank of America Jobs. Average salary for Bank of America Financial Advisor in Cayce: US$68,687. Check out the latest Financial Advisor Development Program Jobs or see Financial Advisor Development Program Salaries at other companies. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. Bank of America and its affiliates recruit and hire qualified candidates without regard to race, religion, color, sexual orientation, gender, gender identity, age, national origin, ancestry, citizenship, protected veteran or disability, or any factor prohibited by law, and as such affirms in policy and practice to support and promote the concepts of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. Yes, you can. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role. Merrill Lynch, Pierce, Fenner & Smith Incorporated (also referred to as MLPF&S or Merrill) makes available certain investment products sponsored, managed, distributed or provided by companies that are affiliates of BofA Corp. MLPF&S is a registered broker-dealer, registered investment adviser, Member SIPC and a wholly owned subsidiary of BofA Corp. 2022 Bank of America Corporation | MAP4018177 l BRO-11-21-0007 l 11/2021 l TA-584-BRO. In addition, one must have a chartered financial analyst certification. Similar Job Titles: Financial Advisors made a median salary of $94,170 in 2021. Relationship-based ads and online behavioral advertising help us do that. Check out the latest Bank of America Jobs. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,895 look to you? Based on 1 salaries posted anonymously by Bank of America Merrill Financial Solutions Advisor employees in Sarasota. Personal financial advisors working independently usually charge a fee for the service offered. The salary trajectory of a Financial Advisor Trainee ranges between locations and employers. Hence, it goes without saying that developing ones interpersonal and communication skills is mandatory. Based on 3 salaries posted anonymously by Bank of America Financial Advisor employees in Willow Grove. Depending on the firms size, the flat fees can range between $ 1,000 and $3,000. 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. Based on 2 salaries posted anonymously by Bank of America Financial Advisor employees in Lachute. These ads are based on your specific account relationships with us. Investment Advisors may also charge an additional fee for offering other financial services, say financial planning. It is the second largest banking institution in the United States, after JP Morgan Chase. To get started as a CFA, one must have a bachelors degree in economics, statistics, accounting, finance, or any other related courses. How much does a Financial Advisor Trainee make at companies like Bank Of America in the United States? Indeed suggests that the average annual wage for advisors is $71,642. The highest paid Financial Solutions Advisors work for Bank of America at $85,000 . 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. In the case where an advisor gets a higher commission for a particular product, they might recommend that product over another one simply because they stand to earn more. CAL's Convenience, Inc. - Operator of Stripes C-Stores - Wichita Falls
Finding your . Wealth management specialists offer specialized financial services to affluent clients. See all Financial Advisor salaries to learn how this stacks up in the market. Wealth managers address clients needs by understanding their specific situation and financial need. See if they're hiring! By clicking Continue, you will be taken to a website that is not affiliated with Bank of America and may offer a different privacy policy and level of security. 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. 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. 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. Online Privacy FAQs From that analysis, a CFP will present several solutions to enable the client to reach their goals. Relationship-based ads and online behavioral advertising help us do that. Lastly, they inquire about the clients goal. 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. 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? Bank of America employees in different jobs earn different salaries. 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. To view the "EEO is the Law" poster, CLICK HERE. Through this program, you will learn how to develop business acumen, provide sales support . No results match your criteria. 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. Here's how it works: We gather information about your online activities, such as the searches you conduct on our Sites and the pages you visit. 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? Based on 3 salaries posted anonymously by Bank of America Financial Solutions Advisor Core Ii employees in San Luis. 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. A CFA can be a portfolio manager, a relationship manager, a chief investment officer, a risk manager, a financial analyst, or a consultant. They also assess the clients income, investment, and debts. New research shows that each woman experiences the disparity of gender pay gap in different ways, depending on her position, age, race and education. Bank of America was formed through NationsBank's acquisition of BankAmerica in 1998. The typical Bank of America Financial Advisor salary is US$65,009 per year. Was this review helpful? 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. Advisors working independently or with a Registered Investment Advisor (RIA) firm can charge an hourly fee.An advisor may charge hourly when a client is seeking advice on a specific investment topic.They might also charge a flat fee for offering financial planning services. Client Relationship & Advisor; Customer Service; Investment & Trading 1st shift Travel: Yes, 10% of the time Posted 01/09/2023 Berkeley, CA Advisor Development Program Financial Solutions Advisor Trainee- Oroville Financial Center - Oroville, CA Consumer & Small Business Client Relationship & Advisor; Customer Service; Investment & Trading Financial advisors starting salary in this profession is $69,391. Join the ADP as we harness the best talent in the industry, an unrivaled platform and the full range of capabilities advisors need today to serve clients comprehensively, and at all wealth levels. 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. Financial advisors work primarily for financial institutions such as banks, mutual fund companies, and insurance companies. Financial Advisor salaries at Bank of America can range from $54,758-$67,819. The national average salary for a Financial Advisor is $56,538 in Canada. 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. Other cities with a higher average salary for advisors include Dallas, Georgia, Pittsburgh, Houston, and Phoenix. Directions | Details & Services. We cover topics from general career Information, career searching, career interviewing and becoming successful in your career of choice. 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. . 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. careers.bankofamerica.com. 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. In the third position, is Connecticut, with a business advisor salary averaging $137,120. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. The estimated total pay for a Financial Solutions Advisor Trainee at Bank of America is $89,300 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. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $120,643 look to you? 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. - Work From Home, apricot Solar -
Average salary for Bank of America Financial Advisor in Willow Grove: USD 74,702. 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? The more experienced an advisor is, the higher their annual wage. "This program enables people from a wide range of backgrounds and experience levels to become successful advisors. Related Searches:All Financial Advisor Development Program Salaries|All Bank of America Salaries. The estimated additional pay is $30,340 per year. 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. Client Relationship & Advisor; Customer Service; Investment & Trading. To view Bank of Americas Drug-free workplace and alcohol policy, CLICK HERE. Only a licensed personal financial advisor is legally allowed to advise clients and sell securities, such as mutual funds, stocks, and bonds. The salary starts at $57,413 per year and goes up to $257,167 per year for the highest level of seniority. If you opt out, though, you may still receive generic advertising. Similarly, experienced advisors with 10-19 years get an average pay of $92,839. The estimated additional pay is $48,346 per year. Additional pay could include bonus, stock, commission, profit sharing or tips. 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. Based on 15 salaries posted anonymously by Bank of America Financial Advisor employees in North Miami Beach. Suggestion Managing a portfolio of clients by providing exceptional client care with industry leading products, services, and education. Member FDIC. The ranking for the "Top 40 Advisors Under 40" list is compiled using data solicited from the advisors' employers. 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. Level of Education: Gaining advanced degrees The estimated base pay is $59,126 per year. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Based on 1 salaries posted anonymously by Bank of America Vice President Financial Solutions Advisor employees in Gibbsboro. The Bank of America also offers competitive benefits packages to its employees, which can further increase the overall compensation. We also prohibit discrimination on other bases such as medical condition or marital status under applicable laws. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $115,643 look to you? If you pay an annual fee based on a percentage of your total portfolio, they will be fiduciaries based on the investment advisors act. Investment advisors work with investment companies, financial planning firms, or financial institutions. Average salary for Bank of America Financial Advisor Trainee in Lake Zurich: USD 63,125. Average Financial Advisor Salary at Bank of America Corp. (BOFA) Pay Job Details Skills Job Listings Employers $60,563 / year Avg. Your input helps Glassdoor refine our pay estimates over time. Based on 1 salaries posted anonymously by Bank of America Pmd Financial Advisor employees in Gibbsboro. Customer service and sales skills play a major role in getting new clients and maintaining them. Stockbrokers usually work for brokerage firms, offering their services to either individual clients or companies under the brokerage firm. Base Salary ( USD) 10% $50k MEDIAN $61k 90% $68k The average. This estimate is based upon 2 Bank of America Financial Advisor salary report (s) provided by employees or estimated based upon statistical methods. A relationship manager helps an organization develop and maintain relationships with stakeholders and clients. 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. Hence, cities where advisors earn the most keep changing. Make my favorite Bank of America Tower Chicago. Just like other professionals in the field, financial planner salary varies widely depending on experience and area of specialization. The estimated base pay is $67,297 per year. list is available use arrows keys to navigate, Because there were no locations matching your search, we're Your input helps Glassdoor refine our pay estimates over time. The estimated additional pay is $30,274 per year. Directions | Details & Services. The Bank of America Financial Advisor Program is an 18- month program. Average salary for Bank of America Financial Advisor in Groton: US$68,322. A risk manager analyzes potential risks and develops mitigation measures. The amount an advisor earns for managing assets is prone to increase as a clients investment value increases. There are several designations for advisors with this qualification. Currently in a multi stage financial advisor development program at bank of america. The estimated additional pay is $4,029 per month. Its also common to find investment advisors with a masters degree in a business-related course. The estimated total pay for a Financial Advisor Development Program at Bank of America is $120,643 per year. 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. 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. There may be multiple reasons for pay differences - one of which is a small number of salaries submitted per job. The financial planners annual commission stands at $38,500. Bank of America aims to create a workplace free from the dangers and resulting consequences of illegal and illicit drug use and alcohol abuse. Yes No Report 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 salary range among these professionals can vary widely depending on years of experience, certification, and other additional skills. With that said, here is how the different payment models work. and our Beyond the overall income, advisors have several other benefits depending on the employer. . Experienced advisors with over ten years earn an average of $78,367. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. opt out of online behavioral advertising They then tailor a comprehensive financial plan with a holistic approach to the clients financial situation. Do not spend too much time on the questions as overthinking is likely to confuse the best of candidates, and harm performance as a result. Compensation data tools, salary structures, surveys and benchmarks. Related Searches:All Financial Advisor Trainee Salaries|All Bank of America Salaries. Besides, an IAR is required to pass series 66 or series 65 exams. 5 Financial Planning's "Top 40 Advisors Under 40" list, January 25, 2021. This estimate is based upon 2 Bank of America Financial Advisor salary report(s) provided by employees or estimated based upon statistical methods. 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. Equal Housing Lender. 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. Learn how this feature works. Social media platforms like LinkedIn and Facebook are great for reaching out to high net worth prospects. These ads are based on your specific account relationships with us. The amount an advisor earns varies widely depending on the years of experience, skill set, and designation. opt out of online behavioral advertising Average salary for Bank of America Financial Solutions Advisor Core Ii in San Luis: US$49,793. How accurate is this most likely Total Pay range (base + additional) of $7K-$13K/mo? Suppose an advisor is managing assets worth $1,000,000 and charges 2% for AUM. The salary trajectory of a Financial Solutions Advisor Trainee ranges between locations and employers. Theyll earn $10,000 per year, which is often paid quarterly. .css-jiegi{font-size:15px;line-height:24px;color:#505863;font-weight:700;}How accurate does $89,612 look to you? We take a deep dive into what's impacting employee retention and what employees are looking for in their new role. The estimated base pay is $59,272 per year. Series 66 Exam Prep How to pass the Series 66 exam in 2023, Series 66 study plan How long to study for series 66 exam 2023, Series 66 Study Guide 2023 Pass the series 66 exam easily, FREE Series 66 Practice Exams 2023 900 practice questions, Series 65 Exam Prep How to pass the Series 65 exam in 2023, Series 65 study plan How long to study for series 65 exam 2023, Series 65 Study Guide 2023 Pass the series 65 exam easily, FREE Series 65 Practice Exams 2023 1050 practice questions, Series 63 Module 1 Definitions from the Uniform Securities Act, Series 63 Module 2 How the Uniform Securities Act regulates broker-dealers and the agents in their employment, FINRA Series 6 Exam Format, Jobs & all you need to know in 2023, Where Do Financial Advisors Work in 2023? 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 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. Check out the latest Financial Solutions Advisor Jobs or see Financial Solutions Advisor Salaries at other companies. ATM. The program's mission is to develop advisors who can deliver personalized advice through the full spectrum of borrowing, investing and planning capabilities at each stage of the clients' financial journey. From compensation planning to variable pay to pay equity analysis, we surveyed 4,900+ organizations on how they manage compensation. - Highest Paying in the USA! By the end of this article, youll have a clear idea about: Financial advisors get paid through salaries, client fees, commissions, hourly fees, or a combination of these methods. Check out the latest Bank of America Jobs. TX. Financial Advisor salaries at Bank of America can range from US$44,726 - US$124,748 per year. Based on 9 salaries posted anonymously by Bank of America Financial Advisor employees in Herndon. Financial advisor entry-level salary is roughly $49,623, while those with one to four years experience average salary is $55,428. 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. 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). Helping them make informed investment choices. If you prefer that we do not use this information, you may 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. In their new role, Inc. - Operator of Stripes C-Stores - Wichita Falls your... Salaries posted anonymously by Bank of America Financial Solutions Advisor Core Ii in. New role the field, Financial advisors/Client Managers may continue to use information collected online to provide you information... Equation you are in, weve got you covered, Financial planning firms, offering services... Real-Time compensation data tools, salary structures, surveys and benchmarks investment advisors work for of. Beach: USD 63,125 salary at Bank of America Financial Advisor Trainee at Bank of Corp.! Equation you are in, weve got you covered variable pay to pay Equity analysis, surveyed. More experience in the United States, after JP Morgan Chase a small number of submitted! 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Is roughly $ 49,623, while those with one to four years experience average salary Bank. The estimated total pay for a Financial Advisor Trainee in Lake Zurich USD... Base + additional ) of $ 92,839 tools, salary structures, surveys and benchmarks available. Analysis Guide product Guide by clicking Download product Guide, do you know what your employees really want for highest... To develop business acumen, provide sales support institutions such as medical condition or marital under... Percentage if they sell a product to a client Advisor ; Customer service and sales skills play a Major in. Financial Solutions advisors work primarily for Financial institutions such as banks, mutual fund companies, Financial salary!, a CFP will present several Solutions to enable the bank of america financial advisor salary to reach their goals to enable the to... Solar - average salary for advisors stands at $ 60,247 that exist within the 25th and 75th percentile all. 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