The FPA 2010 Financial Planning Salary Survey was open for member participation from May 1 to May 24, 2010. More than 1,000 planners completed the survey. Learn more about the 2010 edition of the salary survey here, which is available for purchase in the FPA Store—at a significant discount to FPA members. [For information on the 2009 edition, please click here.]
This interactive Excel file enables you to calculate the average salary, bonus, incentive and total pay for 22 positions in a financial planning practice. Members can access this resource free here. [On Security Warning bar above the matrix, click the Options button and click "enable content" to begin.]
This interactive Excel file enables you to calculate a custom compensation range. Learn based on your location, firm size, revenue, AUM, service model, number of client households served, individual years of experience and a variety of educational qualifications and licenses what the appropriate compensation range is for you and your employees. Purchase the complete report for access (www.ShopFPA.org).
This short excerpt from the 2010 Financial Planning Salary Survey shows common hiring strategies and the percent of firms that intend to hire additional staff in the next 12 months.
In the Observer section of the September Journal of Financial Planning, learn about how compensation compares between a couple of job positions and various geographic regions.