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Salaries that financial advisors: expectations and reality
Recently, we have looked at the salaries that financial advisors can expect to receive.
This is always a difficult analysis to do even though there is more and more available data nowadays.
Of course, the salary or total compensation you can expect varies greatly depending on where you are based.
In Switzerland for example, salaries are much higher than in the rest of Europe.
On average, a Financial Advisor based in Switzerland earns 6800 CHF per month. At today’s exchange rates, that is equivalent to 6000 euros per month or 6800 USD. On a different note, it is interesting to notice the perfect parity between CHF and USD.
Half of the financial advisers earn between CHF 5375 and CHF 8000.
10 % earn less than 4380 CHF per month but 10 % earn 10200 CHF or more.
All posted salaries are based on a full-time workload and a payment of 13 monthly salaries.
The gross salary (before social contributions) is displayed.
If you are based in Geneva, salaries go even higher and the average salary for a financial advisor gets close to CHF 130k per year.
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