Updated Dec 13, 2021

How much does a Financial Advisor Trainee make?

Updated Dec 13, 2021

Experience

Industry

$102,388 / yrTotal Pay
$67,066 / yrBase Pay
$35,322 / yrAdditional Pay

$102,388

 / yr
$44K$423K
Most Likely Range
Possible Range

The estimated total pay for a Financial Advisor Trainee is $102,388 per year in the United States area, with an average salary of $67,066 per year. These numbers represent the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated additional pay is $35,322 per year. Additional pay could include cash bonus, commission, tips, and profit sharing. The "Most Likely Range" represents values that exist within the 25th and 75th percentile of all pay data available for this role.

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Total Pay Trajectory

For Financial Advisor Trainee

$102,388 /yr
Financial Advisor Trainee
$106,138 /yr
Financial Advisor
See Full Career Path

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Related Job Titles

For Financial Advisor Trainee

Some related job titles are Entry Level Financial Analyst Salaries with median pay of $92,368, Financial Representative Salaries with median pay of $106,858, Financial Advisor Associate Salaries with median pay of $105,203, Financial Consultant Salaries with median pay of $111,613.

What are total pay estimates for a Financial Advisor Trainee at different companies?

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Average Base Salary in (USD)

Range

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Merrill Lynch
3.8

Merrill Lynch

Financial Advisor Trainee

$63,590

 /yr
Range: $31K - $89K

$31K

$89K

$31,204 - $89,013 Range

Edward Jones
3.9

Edward Jones

Financial Advisor Trainee

$47,887

 /yr
Range: $21K - $106K

$21K

$106K

$21,323 - $105,983 Range

Morgan Stanley
4.0

Morgan Stanley

Financial Advisor Trainee

$67,239

 /yr
Range: $37K - $93K

$37K

$93K

$36,593 - $93,362 Range

Wells Fargo
3.6

Wells Fargo

Financial Advisor Trainee

$56,642

 /yr
Range: $30K - $79K

$30K

$79K

$30,177 - $79,182 Range

Bank of America
4.0

Bank of America

Financial Advisor Trainee

$60,311

 /yr
Range: $47K - $94K

$47K

$94K

$47,364 - $94,225 Range

Raymond James Financial
4.0

Raymond James Financial

Financial Advisor Trainee

$70,336

 /yr
Range: $52K - $78K

$52K

$78K

$51,703 - $78,094 Range

UBS
3.9

UBS

Financial Advisor Trainee

$58,930

 /yr
Range: $11K - $74K

$11K

$74K

$11,239 - $73,566 Range

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Edward Jones
3.9

Edward Jones

Financial Advisor Trainee - Hourly Intern

$17

$22

$17 - $22 Range

Merrill Lynch
3.8

Merrill Lynch

Financial Advisor Trainee - Hourly Intern

$15

 /hr
Range: $12 - $24

$12

$24

$12 - $24 Range

First Command Financial Services
4.1

First Command Financial Services

Financial Advisor Trainee - Monthly

$4,209

 /mo
Range: $2K - $5K

$2K

$5K

$2,232 - $4,751 Range

Equitable Advisors
3.9

Equitable Advisors

Financial Advisor Trainee

$53,502

 /yr
Range: $24K - $61K

$24K

$61K

$23,737 - $60,913 Range

Ameriprise
3.9

Ameriprise

Financial Advisor Trainee

$50,864

 /yr
Range: $37K - $100K

$37K

$100K

$36,916 - $99,604 Range

Bank of America Merrill Lynch
4.0

Bank of America Merrill Lynch

Financial Advisor Trainee

$62,304

 /yr
Range: $62K - $74K

$62K

$74K

$61,712 - $73,832 Range

Northwestern Mutual
4.0

Northwestern Mutual

Financial Advisor Trainee - Monthly Intern

$1,646

 /mo
Range: $453 - $4K

$453

$4K

$453 - $3,510 Range

Baird
4.3

Baird

Financial Advisor Trainee

$54,597

 /yr
Range: $50K - $66K

$50K

$66K

$50,279 - $65,728 Range

Waddell & Reed
4.0

Waddell & Reed

Financial Advisor Trainee

$32,078

 /yr
Range: $25K - $51K

$25K

$51K

$25,044 - $50,758 Range

Northwestern Mutual
4.0

Northwestern Mutual

Financial Advisor Trainee

$52,275

 /yr
Range: $36K - $77K

$36K

$77K

$36,087 - $76,830 Range

Morgan Stanley
4.0

Morgan Stanley

Financial Advisor Trainee - Hourly Intern

$14

$20

$14 - $20 Range

UBS
3.9

UBS

Financial Advisor Trainee - Hourly Intern

$12

$15

$12 - $15 Range

American Express
4.3

American Express

Financial Advisor Trainee - Hourly

$9

$15

$9 - $15 Range

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Viewing 1 - 10 of 94,153

Recent User Submitted Salaries for Financial Advisor Trainee in United States of America

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$2,500

/moAvg Base Salary

8 days ago by a Financial Advisor Trainee with 1 to 3 years of experience

$48,000

/yrAvg Base Salary

10 days ago by a Financial Advisor Trainee with less than one year of experience

$30

/hrAvg Base Salary

18 days ago by a Financial Solution Advisor Trainee with 1 to 3 years of experience

$14

/hrAvg Base Salary

21 days ago by a Financial Advisor Trainee with less than one year of experience

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$28

/hrAvg Base Salary

33 days ago by a Financial Advisor Trainee with less than one year of experience

$28

/hrAvg Base Salary

33 days ago by a Financial Advisor Trainee with less than one year of experience

$65,000

/yrAvg Base Salary

35 days ago by a Financial Advisor Trainee with 4 to 6 years of experience

$50,000

/yrAvg Base Salary

39 days ago by a Financial Advisor Trainee with less than one year of experience

$19

/hrAvg Base Salary

40 days ago by a Financial Advisor Trainee with less than one year of experience

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What people are saying about Financial Advisor Trainee salaries

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Compensation

2m

works at 

EY

How common is it for an employer to pro-rate a salary increase if you joined in middle of the year? For context, annual raises are given out in July each year. I joined in January. Normally, I would be getting an 8% raise, but because I came in at about the half year mark, they giving me ~4%. My jaw about just dropped when big boss said this. I mean, inflation doesn't pro-rate. Thoughts on this?

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Frequently asked questions about a Financial Advisor Trainee salaries

The national average salary for a Financial Advisor Trainee is $54,380 per year in United States. Filter by location to see a Financial Advisor Trainee salaries in your area. Salaries estimates are based on 647 salaries submitted anonymously to Glassdoor by a Financial Advisor Trainee employees.

The highest salary for a Financial Advisor Trainee in United States is $80,748 per year.

The lowest salary for a Financial Advisor Trainee in United States is $36,622 per year.

If you are thinking of becoming a Financial Advisor Trainee or planning the next step in your career, find details about the role, the career path and salary trajectory of a Financial Advisor Trainee.

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