How Much Does an Investment Consultant at Fidelity Investments Earn?

An investment consultant is a professional who provides financial advice and guidance to clients on various aspects of investing, such as asset allocation, portfolio management, risk management, retirement planning, and tax strategies. Investment consultants typically work for financial institutions, such as banks, brokerage firms, or investment companies.

One of the largest and most reputable investment companies in the United States is Fidelity Investments, which offers a wide range of products and services to individual and institutional investors, such as mutual funds, ETFs, IRAs, 401(k)s, annuities, wealth management, brokerage, and advisory. Fidelity Investments has over 35 million customers and manages more than $10 trillion in assets.

If you are interested in pursuing a career as an investment consultant at Fidelity Investments, you may wonder how much you can expect to earn in this role. In this article, we will explore the average salary, bonus, stock, commission, and profit sharing for an investment consultant at Fidelity Investments, based on data from Glassdoor, Salary.com, and other sources.

Average Salary

According to Glassdoor, the average base salary for an investment consultant at Fidelity Investments is $93,676 per year, based on 5K salaries submitted by employees or estimated by statistical methods. The base salary range typically falls between $73K and $120K per year.

The base salary is the fixed amount of money that an employee receives for performing their job duties. It does not include any additional or variable compensation, such as bonuses, stock, commission, profit sharing, or tips.

Additional Pay

In addition to the base salary, an investment consultant at Fidelity Investments may also receive additional or variable compensation that depends on their performance, the company’s performance, or other factors. According to Glassdoor, the average additional pay for an investment consultant at Fidelity Investments is $92,010 per year, based on 5K salaries submitted by employees or estimated by statistical methods. The additional pay range typically falls between $69K and $129K per year.

The additional pay may consist of the following components:

• Bonus: A bonus is a lump-sum payment that is awarded to an employee for achieving certain goals or exceeding expectations. According to Glassdoor, the average bonus for an investment consultant at Fidelity Investments is $21,537 per year, based on 1K salaries submitted by employees or estimated by statistical methods. The bonus range typically falls between $16K and $30K per year.
• Stock: A stock is a share of ownership in a company that may entitle the holder to dividends or capital gains. According to Glassdoor, the average stock for an investment consultant at Fidelity Investments is $14,278 per year, based on 1K salaries submitted by employees or estimated by statistical methods. The stock range typically falls between $11K and $20K per year.
• Commission: A commission is a percentage of the revenue or profit that is generated by an employee’s sales or referrals. According to Glassdoor, the average commission for an investment consultant at Fidelity Investments is $46,788 per year, based on 1K salaries submitted by employees or estimated by statistical methods. The commission range typically falls between $35K and $66K per year.
• Profit Sharing: A profit sharing is a portion of the company’s profits that is distributed to eligible employees based on their contribution or seniority. According to Glassdoor, the average profit sharing for an investment consultant at Fidelity Investments is $9,406 per year, based on 1K salaries submitted by employees or estimated by statistical methods. The profit sharing range typically falls between $7K and $13K per year.

Total Pay

The total pay for an investment consultant at Fidelity Investments is the sum of the base salary and the additional pay. According to Glassdoor, the average total pay for an investment consultant at Fidelity Investments is $185,686 per year, based on 5K salaries submitted by employees or estimated by statistical methods. The total pay range typically falls between $142K and $249K per year.

The total pay represents the median value of all pay data available for this role on GlassdoorThe median value is the midpoint of the ranges from Glassdoor’s proprietary Total Pay Estimate model. The model gets smarter over time as more people share salaries on Glassdoor.

Conclusion

An investment consultant at Fidelity Investments is a well-paid professional who can earn a competitive salary and a generous additional pay that depends on their performance and the company’s performance. The average total pay for an investment consultant at Fidelity Investments is $185,686 per year, which is higher than the national average for this role in the United States, which is $140,569 per year.

However, the salary and the additional pay for an investment consultant at Fidelity Investments can vary widely depending on many important factors, such as education, certifications, additional skills, the number of years of experience, the location, the size of the company, the industry, and the market conditions. Therefore, it is advisable to conduct thorough research and compare different offers before accepting a job as an investment consultant at Fidelity Investments or any other company.