How much make financial advisors?

Even though the number of financial advisors per inhabitant varies greatly by country (with the big differences being of course between developed countries and developing countries), based on our experiences in the field it is possible to give rough numbers. Our estimate is that in developed countries there are currently roughly around 150,000 financial advisors for a country with 100 million inhabitants. There are roughly 100 000 financial advisors in countries like the United Kingdom, France or Italy. In term of incomes, differences are great depending on the country where these financial advisors are based. In most European counties, a financial advisor makes on average around 50,000 euros (roughly 60 000 USD) per month. We are here talking about incomes before taxes. Of course, this is only an average. Some financial advisors earn less than that especially the young ones, but some financial advisors make fortunes too. It is indeed not unusual to meet some successful financial advisors making several hundreds of thousands of dollars a year.