Investment advisors in America often earn lucrative salaries, especially those working at reputable financial institutions. According to recent industry surveys, the median salary for investment advisors at American trust companies is around $100,000 per year. However, salaries can vary greatly depending on factors like experience, qualifications, firm size and location.
Base salaries for junior investment advisors average $60-80k at American trust firms
Entry-level investment advisors at American trust companies typically start with base salaries in the range of $60,000 to $80,000. However, total compensation can be much higher with performance bonuses. Large trust banks tend to pay better, while small local firms may pay less.
Experienced advisors earn $100-150k on average at American trusts
Investment advisors with 5-10 years of experience often earn between $100,000 to $150,000 in base pay at American trust companies and banks. Additional compensation from assets under management and performance incentives can boost total pay to over $200k for some seasoned advisors.
Senior advisors at big American trusts make $150-300k total compensation
High performing senior investment advisors at major American trust banks take home total compensation packages ranging from $150,000 at small firms to over $300,000 at large national companies. Geographic location also plays a role.
Many factors impact American trust investment advisor salaries
Salaries for investment advisors at American trust firms vary substantially based on credentials like the CFA, experience level, assets under management, firm size, location and more. Advisors who generate more revenue through clients tend to earn higher compensation.
In summary, investment advisor salaries at American trust companies range widely from around $60k for junior roles up to over $300k total compensation for top performers at big firms, with a median around $100k.