How much does a Financial Advisor Trainee make?

Updated Jul 21, 2021

Industry

Employer Size

Experience

$53,434 /yr
Average Base Pay

634 salaries

$36K

Low

$53K

Average

$79K

High

No additional cash compensation has been reported for this role

The national average salary for Financial Advisor Trainee is $53,434 per year in United States. Filter by location to see Financial Advisor Trainee salaries in your area. Salaries estimates are based on 634 salaries submitted anonymously to Glassdoor by Financial Advisor Trainee employees.

Seniority Levels

L1
Financial Advisor Trainee$53,434 /yr
L2
Financial Advisor$57,614 /yr
Career Path

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Related Job Titles

Financial Analyst Entry Level

$64,777

per year

Financial Representative

$46,232

per year

Financial Advisor Associate

$56,755

per year

Financial Consultant

$66,123

per year

Salaries by Company

Location

or

Find a Specific Employer

Sort:

Company

Average Base Salary in (USD)

Range

Merrill Lynch
3.9

Merrill Lynch

Financial Advisor Trainee

$58,202

 /yr
Range: $29K - $85K
226 salaries
See 240 salaries from all locations

$29K

$85K

$28,900 - $85,085 Range

Edward Jones
3.9

Edward Jones

Financial Advisor Trainee

$42,627

 /yr
Range: $20K - $97K

$20K

$97K

$19,748 - $96,794 Range

Morgan Stanley
4

Morgan Stanley

Financial Advisor Trainee

$62,620

 /yr
Range: $27K - $84K

$27K

$84K

$27,364 - $84,478 Range

Wells Fargo
3.6

Wells Fargo

Financial Advisor Trainee

$52,664

 /yr
Range: $28K - $73K

$28K

$73K

$27,687 - $73,338 Range

Bank of America
4

Bank of America

Financial Advisor Trainee

$58,602

 /yr
Range: $47K - $88K

$47K

$88K

$46,809 - $87,998 Range

Raymond James Financial
4

Raymond James Financial

Financial Advisor Trainee

$65,729

 /yr
Range: $50K - $72K

$50K

$72K

$50,201 - $72,326 Range

UBS
3.8

UBS

Financial Advisor Trainee

$54,577

 /yr
Range: $10K - $68K

$10K

$68K

$10,409 - $68,132 Range

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Edward Jones
3.9

Edward Jones

Financial Advisor Trainee - Hourly Intern

$20

 /hr
Range: $16 - $21

$16

$21

$16 - $21 Range

Merrill Lynch
3.9

Merrill Lynch

Financial Advisor Trainee - Hourly Intern

$14

 /hr
Range: $11 - $22

$11

$22

$11 - $22 Range

Ameriprise
3.8

Ameriprise

Financial Advisor Trainee

$47,107

 /yr
Range: $34K - $92K

$34K

$92K

$34,190 - $92,246 Range

First Command Financial Services
4

First Command Financial Services

Financial Advisor Trainee - Monthly

$4,000

 /mo
Range: $2K - $4K

$2K

$4K

$2,236 - $4,400 Range

Northwestern Mutual
4

Northwestern Mutual

Financial Advisor Trainee - Monthly Intern

$1,524

 /mo
Range: $419 - $3K

$419

$3K

$419 - $3,250 Range

Equitable Advisors
4.1

Equitable Advisors

Financial Advisor Trainee

$41,850

 /yr
Range: $22K - $56K

$22K

$56K

$21,984 - $56,414 Range

Waddell & Reed
3.8

Waddell & Reed

Financial Advisor Trainee

$29,708

 /yr
Range: $23K - $47K

$23K

$47K

$23,195 - $47,009 Range

Morgan Stanley
4

Morgan Stanley

Financial Advisor Trainee - Hourly Intern

$14

 /hr
Range: $13 - $19

$13

$19

$13 - $19 Range

Northwestern Mutual
4

Northwestern Mutual

Financial Advisor Trainee

$40,948

 /yr
Range: $33K - $71K

$33K

$71K

$33,422 - $71,155 Range

Bank of America
4

Bank of America

Financial Advisor Trainee - Hourly Intern
About 

$11 -$12

 hourly

$11

$12

$11 - $12 Range

American Express
4.2

American Express

Financial Advisor Trainee - Hourly
About 

$8 -$12

 hourly

$8

$12

$8 - $12 Range

UBS
3.8

UBS

Financial Advisor Trainee - Hourly Intern
About 

$11 -$14

 hourly

$11

$14

$11 - $14 Range

Merrill Lynch
3.9

Merrill Lynch

Financial Advisor Trainee - Contractor
About 

$59K -$78K

$59K

$78K

$58,995 - $78,154 Range

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Frequently asked questions about a Financial Advisor Trainee salaries

The national average salary for a Financial Advisor Trainee is $53,434 per year in United States. Filter by location to see a Financial Advisor Trainee salaries in your area. Salaries estimates are based on 634 salaries submitted anonymously to Glassdoor by a Financial Advisor Trainee employees.

The highest salary for a Financial Advisor Trainee in United States is $79,350 per year.

The lowest salary for a Financial Advisor Trainee in United States is $35,982 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.

Recent Salary Reports

Below are the most recent financial advisor trainee salary reports. Employer name has been removed to protect anonymity.

$50,000
per year
A Financial Advisor Trainee in the Indianapolis, IN Area area reported making $50,000 per year
Job Highlights
Indianapolis, IN Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$50,000
per year
A Financial Advisor Trainee in the Nashville, TN Area area reported making $50,000 per year
Job Highlights
Nashville, TN Area area
Full-time
 
10000+ employees
Company - Public
$25,000
per year
A Financial Advisor Trainee in the New York City, NY Area area reported making $25,000 per year
Additional Pay
$500 commissions
Job Highlights
1-2 years experience
New York City, NY Area area
Full-time
 
10000+ employees
Company - Public
$65,000
per year
A Financial Advisor Trainee in the Miami-Fort Lauderdale, FL Area area reported making $65,000 per year
Job Highlights
1-2 years experience
Miami-Fort Lauderdale, FL Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$11
hourly
A Financial Advisor Trainee in the Peoria, IL Area area reported making $11 per hour
Job Highlights
Peoria, IL Area area
Contract
 
51 to 200 employees
Company - Private
$70,000
per year
A Financial Advisor Trainee in the Chicago, IL Area area reported making $70,000 per year
Additional Pay
$144k commissions
Job Highlights
3-4 years experience
Chicago, IL Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$65,000
per year
A Financial Advisor Trainee in the Baltimore, MD Area area reported making $65,000 per year
Job Highlights
1-2 years experience
Baltimore, MD Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$62,500
per year
A Financial Advisor Trainee in the Atlanta, GA Area area reported making $62,500 per year
Job Highlights
Atlanta, GA Area area
Full-time
 
10000+ employees
Company - Public
$54,959
per year
A Financial Advisor Trainee in the Bridgeport, CT Area area reported making $54,959 per year
Job Highlights
Bridgeport, CT Area area
Full-time
 
10000+ employees
Subsidiary or Business Segment
$62,500
per year
A Financial Advisor Trainee in the Philadelphia, PA Area area reported making $62,500 per year
Job Highlights
1-2 years experience
Philadelphia, PA Area area
Full-time
 
10000+ employees
Company - Private
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