Salary by Education Level
What the Data Shows
For Personal Financial Advisors positions, filings requiring a Master's degree carried an average declared salary of $131,254 versus $129,630 for those requiring a Bachelor's - a premium of +1.3%. Across all certified filings with a stated education level, 78.2% accepted a Bachelor's degree as the minimum requirement.
Education vs Salary
| Education Level | Average Salary | Filings | % of Total |
|---|---|---|---|
| Other | $185,000 | 1 | 0.6% |
| None | $135,911 | 4 | 2.6% |
| Master's | $131,254 | 28 | 17.9% |
| Bachelor's | $129,630 | 122 | 78.2% |
| Associate's | $108,389 | 1 | 0.6% |
Education by Top Employer
| Employer | Most Common Minimum | % Bachelor's | % Master's | Median Salary |
|---|---|---|---|---|
| JPMorgan Chase & Co | N/A | N/A | N/A | $130,000 |
| MERRILL LYNCH | Bachelor's | 100% | 0% | $56,430 |
| Banco Santander International | Bachelor's | 100% | 0% | $145,750 |
| Citibank, N.A. | Bachelor's | 50% | 50% | $141,000 |
| JP Morgan Chase & Co | Bachelor's | 84.6% | 15.4% | $150,946 |
| UBS Financial Services Inc | Bachelor's | 100% | 0% | $82,597 |
| JP MORGAN CHASE CO | Bachelor's | 80% | 20% | $157,602 |
| East West Bank | Bachelor's | 100% | 0% | $63,070 |
| Morgan Stanley Smith Barney LLC | Bachelor's | 66.7% | 33.3% | $100,000 |
| MONEX SECURITIES INC. | Bachelor's | 100% | 0% | $90,813 |
| Credit Suisse Securities (USA) LLC | N/A | N/A | N/A | $100,000 |
| Taos Global Group, Inc. | N/A | N/A | N/A | $48,194 |
| Allied Consultants Inc. | Bachelor's | 66.7% | 33.3% | $43,200 |
| Safra National Bank of New York | None | 0% | 0% | $115,000 |
| Entholpy EMC Inc. | Bachelor's | 100% | 0% | $48,006 |
| Bank of America N.A. | N/A | N/A | N/A | $162,500 |
| Citi International Financial Services, LLC | Bachelor's | 100% | 0% | $80,000 |
| Actinver Securities, Inc. | Bachelor's | 100% | 0% | $55,000 |
| CGIS Securities LLC | N/A | N/A | N/A | $75,219 |
| WELLS FARGO ADVISORS, LLC | Bachelor's | 100% | 0% | $135,013 |