Financial consultant salary

What does a Financial Consultant do?

As a Financial Consultant, you work to provide advice and guidance on financial matters. This can include everything from investment strategies to risk management and asset management. Consultants analyze market data, evaluate financial reports, and offer tailored solutions for their clients, which can be both businesses and individuals. The work environment is often dynamic and can involve both office work and travel to meet clients.

Financial Consultant salary

We see that the average salary for a Financial Consultant is 68 500 SEK per month. Men in the profession earn an average of 71 000 SEK while women earn 63,500 SEK, which means that women earn 89% of what men do. The hourly wage for a part-time employee is about 412 SEK.

Salary development over time

It is evident that salaries for Financial Consultants have increased from 66 800 SEK last year to 68 500 SEK this year. The highest salary for a male Financial Consultant is 71,700 SEK, while the highest for a female is 63,500 SEK. On the other hand, the lowest salaries are 52,300 SEK for women and 58,600 SEK for men.

Education and qualifications

To become a Financial Consultant, a post-secondary education in economics or finance is usually required, often taking three years or more. Many have a background as business economists or hold a master's degree in finance.

Common benefits

It is not uncommon for Financial Consultants to be offered benefits such as a company mobile phone, opportunities for remote work, and paid training for skills development.

Competition and challenges

According to the Employment Agency, the job market for Financial Consultants is balanced with moderate job opportunities. Over a five-year period, demand is expected to remain unchanged.

Summary of key facts

• Average salary: 68 500 SEK/month
• Education: Post-secondary education in economics/finance
• Work environment: Dynamic, both office work and client meetings

Tips for those who want to work as a Financial Consultant

To succeed as a Financial Consultant, it is important to stay updated on the latest trends in the financial world. Further education and certifications can also improve your career opportunities. Building a strong professional network can give you an advantage in the profession.

Career paths

After a few years of experience, Financial Consultants can advance to leadership roles such as senior analyst, department head, or specialize in specific areas such as risk management or portfolio management.

Future prospects and demand

According to the Employment Agency, the future prospects are stable with expected unchanged demand over the next five years. The profession falls within a broad occupational group that includes financial analysts and investment advisors.

FAQ - Frequently asked questions about Financial Consultant

• What does a Financial Consultant earn? The average salary is 68 500 SEK per month.
• How do you become a Financial Consultant? Typically, a post-secondary education in economics or finance is required.
• Is it easy to get a job? The opportunities are moderate and the job market is assessed to be balanced.
• Is it stressful to work as a Financial Consultant? Yes, it can be stressful with tight deadlines and high responsibilities.
• What qualities are important as a Financial Consultant? Analytical skills, communication skills, and a strong interest in the financial market are crucial.