Financial Planner Salary in Australia
$60K
20% Low Band Avg
AUD $76K
Average
$91K
80% High Band Avg
- Bonus: 7,653
- Commission: 13K
Salaries based on experience level
The Average Entry Level salary of Financial Planner in Australia is AUD $68K/yr, this salary increases 18% to $80K/yr when reach Mid Level Career.
From Mid to Senior Level the average salary increases 22% from $80K/yr to $98K/yr.
Salary Compared to Australia National Average Salary
- Financial Planner in Australia Salary
- vs
- Australia National Average Salary
The Average Salary of Financial Planner in Australia is $76K/yr. This is +4% higher ($3,187) compared to Australia national average salary of $73K/yr.
Financial Planner job description
Job Title: Financial Planner
Overview/Summary of the Role:
A financial planner is a professional who offers advice to clients on investment, tax, insurance, and retirement planning. They work with individuals, families, and businesses to help them reach their financial goals by developing a comprehensive financial plan that takes into account their current financial situation, future goals, and risk tolerance.
Responsibilities and Duties:
- Meet with clients to understand their financial situation and goals
- Develop a comprehensive financial plan that outlines steps to reach clients' goals
- Recommend investment strategies, insurance plans, and tax-saving measures to clients
- Regularly review and adjust clients' investment portfolios based on market conditions and clients' changing needs
Financial Planner interview questions
Interviewer: Good morning, it's great to have you here today. Can you please tell us a bit about your background and experience in financial planning?
Candidate: Hello, it's great to be here. I have a degree in finance and have been a financial planner for the past 5 years. During this time I have helped clients with retirement planning, investments and risk management.
Interviewer: Can you tell us about your approach to financial planning?
Candidate: My approach is to really get to know my client's goals and objectives, so that I can help them create a personalized plan. This includes analyzing their finances, setting up a budget, and selecting the right investment products that align with their risk tolerance.
Interviewer: Have you ever dealt with a difficult client? How did you handle the situation?
Candidate: Yes, I have dealt with difficult clients in the past. I try to understand their concerns and find out what their expectations are. Then, I try to find ways to address their concerns and come up with a solution that meets their needs.
Financial Planner Salaries by cities in Australia
The highest salary for Financial Planner in Australia can be found in Cairns, followed by Adelaide 2nd, and Hobart 3rd.