Financial planners reported mean gross earnings of $283,079 in 2006, an increase of more than $50,000 from a year ago, according to a recently released survey.
Conducted by the College for Financial Planning, “The 2007 Survey of Trends in the Financial Planning Industry,” also found that, unsurprisingly, longevity in the profession was a factor in reported earnings. Professionals with between five and nine years of experience reported earning an average of $111,730, while planners with more than 30 years of experience averaged $476,464 in earnings.
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