Financial Analysts vs Financial Specialists salary

The US Bureau of Labor Statistics has reported that Financial Analysts have an average annual salary of $103,020, whereas Financial Specialists earn an average of $87,350 annually. This indicates that Financial Analysts earn more than Financial Specialists.

However, it's important to mention that the amount of pay an employee receives can be influenced by factors like location, experience, and the specific setting in which they work. For example, Financial Analysts working in New York (with a wage of $131,690 on average) may have higher salaries than those in Utah ($71,760).

Financial Analysts vs Financial Specialists overview

Financial Analysts and Financial Specialists are fundamental to the Securities and Financial Investments industry. People are often interested in learning about the differences between these occupations, as well as the average pay for each.

Financial Analyst job description

Alternative names: Financial and Investment Analysts

Financial Analysts conduct quantitative analyses of information involving investment programs or financial data of public or private institutions, including valuation of businesses.

Financial Analyst average salary

The US Bureau of Labor Statistics has reported that in 2021, there were 291,880 Financial Analysts working in the United States, and on average, they earned $103,020 per year. The bottom 10 percent had earnings of $57,900 or less, and the top 10 percent had earnings of $166,560 or more.

Do Financial Analysts make good money?

The average salary of Financial Analysts is 77% higher than the average wage in the United States ($58,260). However, they earn 13% less than the average wage of the Securities and Financial Investments industry ($119,040).

The average salary of Financial Analysts is 77% higher than the average wage in the United States ($58,260).

Financial Specialist average salary

As stated by the US Bureau of Labor Statistics, the United States employed 2.9M Financial Specialists in 2021, and the average income they earned annually was $87,350. The bottom 10 percent had earnings of $43,720 or less, and the top 10 percent had earnings of $140,710 or more. The average salary has an increase of 2.2% in comparison to the previous year.

Do Financial Specialists make good money?

The mean salary of Financial Specialists is about a half above the average pay in the United States ($58,260). However, they make 4% less than the mean earnings of the Professional, Scientific, and Technical Services industry ($91,150).

The mean salary of Financial Specialists is about a half above the average pay in the United States ($58,260).

Financial Specialists job growth

In 2021, there have been 145,370 more Financial Specialist job opportunities than the previous year across the nation, and that shows an increase of 5.3%. The average job growth rate for the past 3 years has been 2.5%.

FAQ

Do Financial Analysts or Financial Specialists make more?

Financial Analysts make 18% more than Financial Specialists. Financial Specialists average around $87,350 per year, while Financial Analysts make $103,020 per year.