Wondering what the industry average is for a client facing support role to a 401k Advisor? We help with 80 401k plans with assets over $250 million. I have my series 65 license and I feel as if I am under compensated for my experience and being a licensed rep. I have been with the group for 2.5 years now. Thanks!

Posting as :
works at
You are currently posting as works at

I would love to know this as well! I’m in almost the exact same position, with series 65 and CPFA and making $65k in the midwest. Would you mind sharing your comp as well?

like

From what I have been reading in our area $55-$70k is about the standard. My comp. is about $40k a year which is why I wanted to see if others had if that range was standard. I was the first in the role so my agency doesn’t have experience with comp at this level and from where I am to standard is a big jump but if that is what others are paid then it is worth having the conversation.

What's your long-term goal? Have you thought about becoming a financial adviser/rep? Having a license is helpful, but it's not in and of itself a pathway to greater income. You're in a limited role as an adviser to plans and, as such, have limited income potential. I'm not saying that's a bad thing. There's something to be said for not having to prospect and/or run a business. But if it's income you want, why not look bigger?

I'm a series 65, CPFA, and also in the Midwest! My salary is 72.5, but I'm also working on getting my AIF and CFP.

Related Posts

Hows hitachi vantara in terms of career growth , work life balance and work culture? I am in process with them for the role of scrum master. Please guide.

Thoughts on going from a national firm to a smaller one with ~200 employees and $65M in revenue? I’m a first year tax manager and can get a 33% raise by going to this firm.

like

Advice on quitting job with short notice? I’ve always adhered to two-plus weeks notice, however got an offer and essentially want to start next week, can’t stand my current role, however it would be a BIG surprise to coworkers and leave folks short-handed for a while. Thoughts?

like

Hi All

I am looking for a senior product owner role. I have 12 years of experience. All in Tier 1 companies.

Could anyone be kind enough to refer me ?

like

I see lot of posts on hike and performance bonus.. Performance bonus is your variable pay right? Does big 4 really pay more than 100% variable pay!?

I have offer from Deloitte USI and KPMG global services. I am planning to join KPMG.. does KGS also pay good hike amd more than 100% performance bonus like deloitte?

like

I am expecting an offer from Master Card for Senior Software Engineer position in O Fallon MO. Please let me know what kind of base salary I can expect with 11 yrs experience . I don’t wanna undersell but also trying to avoid being aggressive but quote a decent number which will be achievable. Any suggestions will be appreciated. Is 125k $ base a fair value for or I can pitch higher? They have a 15 to 20 % bonus on top of base pay and a 10% match on 401k which the recruiter keep highlighting.

like

Bhai log, Nagarro me automation testing projects kaise hai Kitna automation aur manual hai ?
Project jaldi mil jayega ?
Client interview s difficult hai ? Batado yar please Nagarro

like

If you still believe the election was stolen, you should be fired from your job because no client deserves a consultant with such poor critical thinking skills.

likeupliftingfunny

Hi All, I am working as Consultant in Deloitte USI since 3+ years and now wish to make a change.

I got an offer from BNY Mellon for 28 LPA for Senior Associate 1 position as a Backend Developer. Is BNY a good company considering I am already working as a Full Stack Dev in Deloitte ? Please help and also plz add some points related to benefits, work life balance, quality of work, etc.

like

Hello Everyone, please find the current opening for Mitratech

List if quite Long will be posting one by one
If someone wish to be referred just drop me a dm or connect over LinkedIn for more information

Post Photo
like

Larsen & Toubro Infotech What is the yearly hike % in Larsen & Toubro Infotech ? And how much % of variable pay we can expect?

like

Hi All,
Good day!

I'm planning to search for a job in foreign countries but I have some questions in my mind...
1. What would be my minimum salary
Please be noted that I'm spending 1.5L -1.8L pm for my family expenditures (family of 2) with the similar way of expenditure how much should I earn?
2. Which country would provide better opportunities to Bigdata Engineer?
3. Is it better to stay in India with 21LPA or should I consider relocation to other countries?

Thanks in Advance!!

like

Hi All,

Any Management consulting role vacancy in the big 4 - work location - India (preferably bangalore, Delhi NCR, Mumbai) client location - Anywhere (preferably US)

like

Can someone please tell me what is advance tax analyst rank 44 role in EY gds?

Hi,
I have 5 yoe in Java with 5.65 lpa.
How much hike i can expect .
I got a call from a recruiter and I said my expected CTC is 14 lpa, she said according to the current market, they can provide max 30-40% hike
How much I can expect according to the current trend .

like

Looking for an entry level position in finance/accounting. I have 5+ years of experience in mortgage lending and analyzing financial statements.

like

Looking for a media job very similar to klick health - equal pay & benefits. What other media agencies specialize in US pharma?

like

Can someone help me with referral for Oracle Database Administrator, location Hungary

I have got excellence review as "Highly Valuable".
What percent of hike i can expect with this review.

likesmart

Hi folks,

Can I switch my role from a Java Developer to a Salesforce dev in the company itself?
Need views on this.

like

More Posts

Hi, am interested in applying to Putnam UK via positions shown on Linkedin. Anyone willing to chat or perhaps provide a referral? Thanks in advance!

like

With all of these changes and teaching live 3 or 4 times a day how are teachers supposed to have time to assess students? Most of the assessing is done one on one
Ideas? Is your admin letting the live sessions to be done precorded for a few days in order to have the time to actually do this?

like

After binging Netflix all night knowing damn well I have to lead an 8AM meeting

Post Photo
likefunny

Does anyone getting similar mail daily :Know Your IBM January'22 - Register Now ?

0 motivation to get out for a run today

like

Apparently I can’t message someone until I have a load of ‘likes’. Anyone wanna help a brother out and help me hit those 15 likes fishbowl needs me to have. Thanks! 😀

like

I want to exit to MBB but if that’s not a possibility what are the next best consulting firms? Looking for at least midsize firms (non-boutiques).

like

Received an offer from Capgemini invent but have seen mixed reviews.. Would anyone be able to share their experience? How do Capgemini invent grades compare to D?

like

Had my virtual on-site for an S&O L3 role 3.5 weeks ago (NYC, 5 YOE). I haven’t heard back on a decision yet, and was wondering how long it typically takes? I also know that I was one of the very first candidates to interview for this specific role, and there are atleast 2 more people scheduled for onsites. Does the recruiter typically wait for all candidates to finish their onsites before communicating a decision? Or if I haven’t heard back yet, it’s probably a reject?

like

Everyone in my firm try so hard to be politically correct😍feel so included.

Is it difficult to move without a reference. I got all the skills needed in current job market. But looks like getting a job call itself is difficult.
Or is it because of My H1B visa status.

What does a good nurse leader look like?

like

Any thoughts on BNP M&A in nyc

like

My current package is 15 LPA fixed 5 years of experience. How much should I ask in the next switch?

Herbs. What do you keep inside vs outside and what region are you located in?

like

Need recommendations for keyboarding program to use with 8th graders

like

Any recommendations (or watch outs) for au pair agencies? CT/NY area if it matters. TIA!

like

Hey folks! Anyone know of any charities that encourage girls/women in tech & business that need volunteers in Charlotte NC ??

like

Additional Posts in Retirement Plan Advisors

Which firms do good actuarial work for cash balance plans?

Which Investment Analysis and Reporting System do you use? What are the pros/cons?

What percentage of your clients are choosing to permit the CARES Act provisions into their 401(k) Plan?

like

For those who cold call on 401k plans, what is your approach?

like

Where do you need the most support in your RP practice?

I’m 9 years in. Currently taking the educational requirement for CFP through American College. I feel like I can’t focus because I am not really learning anything. Any tips to keep eyes on prize?

like

Hi all! We are looking for help with our retirement plan team! Looking for coordinators to assist with managing the plans. Offices in many locations. If you know of anyone, message me!

likesmart

Does anyone have thoughts on RPAG? Is it worth the cost? Is there something better?

Please ask more to join. Would like to get some more feedback from other Retirement Plan Consultants. For example:

What recordkeepers do you find to be easiest to work with and hardest to work with?

What databases is everybody using to lookup current plans and are you successful with this database taking over existing plans?

like

Are u allowed to be an insurance agent while at PwC

like

With interest rates rising, I Bonds are back in the discussion. Thoughts?

What are you doing to ensure profitability for small plans with limited comp?

I currently use adp platform, reach out to me. Bill 6314129500

Hi all- new to fishbowl. Not really sure how to use and explore the app yet but I saw this bowl and figured I would introduce myself. I am a wholesaler for 401K and I am able to partner with advisors who currently uncover 401K opportunities or are looking to learn how to. Reply if you are an advisor in the NYC area and interested in learning about how to expand your business.

likeuplifting

No pitch, just some research for a client of mine.

Aside from referrals, what is your biggest source of leads?

Facebook?
Google?
Physical Mailers?
Radio ads?
Your own radio program?
Something else?

helpful

Has anyone used the Warton Group to purchase 401k leads? How was your experience?

With social security potentially running out, why couldn’t it be an option for the govt to put $5k for every baby that is born in a year into an account Invested in a govt share class S&P 500 fund. Historical average is 10%+, which would provide roughly $2.7 million for a baby born today. Eventually, this would eliminate the need for soc sec tax, and would only cost $18 Billion a year instead of several trillion a year being deposited into the trust.

like

What is the best setup for Retirement Plan Advisors? RIA? B/D? Hybrid? Other?

like

What is the future value proposition of the 401k Advisor in your opinion?

likehelpful

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal