How Much Do Investment Consultants Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary investment consultants make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for investment consultants and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of investment consultants are offering as compensation.
Keep reading to learn more about how much investment consultants can expect to make in the United States.
At a Glance: Salary & Jobs for Investment Consultants
According to data from 2022, there were about 290,834 positions for investment consultants in the United States. In terms of salary, the national median salary for investment consultants was reported to be $95,389. Additionally, when examining job demand, employers across the country posted 59,098 job postings related to positions for investment consultants.
How Much Money Do Investment Consultants Make?
Median salary is just one data point. To build a better understanding of how much money investment consultants and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for investment consultants.
Annual Salary for Investment Consultants
According to the BLS, the lowest earners for investment consultants and related professions earned about $46,696 per year in 2022. Meanwhile, at the other end of the spectrum, the highest earners made about $246,107 annually.
As mentioned previously, the median salary for investment consultants in the United States in 2022 was $95,389.
Annual Salary Range For Investment Consultants In 2022
Hourly Salary for Investment Consultants
The BLS also breaks down compensation for investment consultants by hourly salary, and the median average hourly pay for investment consultants in 2022 was $46. Lowest hourly earners took home $22 while the highest reported hourly salaries for investment consultants was $118.
Hourly Salary Range For Investment Consultants In 2022
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Advertised Compensation for Investment Consultants
Data from the BLS is one way to dig into compensation for investment consultants, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for investment consultants.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Investment Consultants
Advertised Annual Salary
During a review of 89,729 job postings related to investment consultants, advertised salary was included in 15,260 of them, which was 17%. Based on those postings, the median advertised salary for investment consultants was $69,504 per year.
Hourly Salary from Job Postings for Investment Consultants
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for investment consultants. Based on 26% of postings with advertised compensation, the median hourly salary for open positions for investment consultants in the United States is about $33.
Salary Trend for Investment Consultants
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for investment consultants. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for investment consultants dating back to September 2019, advertised salaries for investment consultants have decreased 12%.
Advertised Wage Trend For Investment Consultants
What's the Job Growth for Investment Consultants?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for investment consultants over the next 10 years.
According to the data obtained through Lightcast,™ there were 291,026 jobs for investment consultants in the United States in 2022. By 2032, it is expected that about 64,941 jobs will be added. That's a 22.3% increase over the next 10-year period.
Employment Projections For Investment Consultants
Additional Links
Ready to dig deeper into career information about investment consultants? Visit our other pages focused on salary and education for investment consultants.
What do investment consultants do?
Investment Consultants: How do you become one?
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