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Fee Only Financial Advisor Jobs (NOW HIRING)

Burton Enright Welch

Advisor

Walnut Creek, CA · On-site

$110K - $165K/yr

I. MISSION Founded in 1989, Burton Enright Welch (BEW) is an independent, fee-only financial ... The Advisor will assist Senior and Lead Advisors in meetings and present analyses and ...

Burton Enright Welch

Advisor

Walnut Creek, CA · On-site

I. MISSION Founded in 1989, Burton Enright Welch (BEW) is an independent, fee-only financial ... The Advisor will assist Senior and Lead Advisors in meetings and present analyses and ...

XYPN

Director of Policy and Regulatory Affairs

$100K - $142K/yr

About XYPN XYPN is the only turnkey advice and planning platform that makes it possible for fee-only financial advisors to build the independent firm of their dreams with complete autonomy. We do ...

Ivy Way Placements

Lead Financial Advisor

Bellingham, WA · On-site

$150K/yr

Are you an experienced Financial Advisor seeking a new opportunity to join an independent, fee-only fiduciary wealth management firm? Ivy Way Placements has partnered up with a fast-growing RIA ...

The Misch Group

Wealth Advisor

New York, NY · On-site

$90K - $350K/yr

Insurance & Financial Services Employment Type: Full Time Location: New York Compensation: $90,000 ... A preference for fee-only, fee-based, hybrid, W2 or 1099 models depending on the firm * A client ...

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Fee Only Financial Advisor information

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$36K

$102.1K

$144K

How much do fee only financial advisor jobs pay per year?

As of Jul 24, 2026, the average yearly pay for fee only financial advisor in the United States is $102,134.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $131,000.00 per year, depending on experience, location, and employer.

What is the average fee for a fee-only financial advisor?

Fee-only financial advisors typically charge between 0.5% and 1% of assets under management annually. Some may offer flat fees or hourly rates, especially for financial planning services. The fee structure often depends on the advisor's experience, client assets, and the scope of services provided.

What is the difference between Fee Only Financial Advisor vs Fee-Based Financial Advisor?

AspectFee Only Financial AdvisorFee-Based Financial Advisor
CompensationCharges only fees directly from clients, no commissionsCharges fees and may earn commissions from product sales
Conflicts of InterestLower potential for conflicts due to fee-only structurePotential conflicts due to commission-based earnings
Regulation & CertificationOften holds CFP, CFA, or similar credentialsMay hold similar credentials but with additional licensing for commissions
Work EnvironmentIndependent or affiliated with fee-only firmsOften affiliated with firms selling financial products

Fee Only Financial Advisors charge clients directly for their advice without earning commissions, promoting transparency and reducing conflicts of interest. Fee-Based Financial Advisors, on the other hand, earn both fees and commissions, which can create potential conflicts. Understanding these differences helps clients choose advisors aligned with their interests and needs.

What are the key skills and qualifications needed to thrive as a Fee Only Financial Advisor, and why are they important?

To thrive as a Fee Only Financial Advisor, you need a solid background in financial planning, investment analysis, and regulatory compliance, often supported by a CFP or similar credential. Familiarity with financial planning software (such as eMoney or MoneyGuidePro), portfolio management tools, and CRM systems is essential. Exceptional interpersonal skills, ethical judgment, and the ability to build trust are crucial soft skills in this role. These skills ensure that advisors provide unbiased, client-focused advice and build long-term relationships based on integrity and transparency.

Are fee-only financial advisors worth it?

Fee-only financial advisors are compensated solely by client fees, which can reduce conflicts of interest and promote transparency. They often charge a flat fee or a percentage of assets under management, making their advice potentially more objective compared to commission-based advisors. Their value depends on the advisor's expertise, fee structure, and the client's financial needs.

What is a fee-only financial advisor?

A fee-only financial advisor is a financial professional who is compensated solely by the fees paid directly by their clients, rather than earning commissions or incentives for selling specific products. This compensation structure is designed to reduce potential conflicts of interest, as the advisor’s only financial motivation is to provide advice that is in the best interest of the client. Fee-only advisors typically charge hourly, flat, or percentage-based fees for their services. Many people choose fee-only advisors for greater transparency and objective financial guidance.

How many financial advisors make $500,000 a year?

Fee-only financial advisors typically earn between $60,000 and $200,000 annually, with top earners in the industry making over $500,000. Achieving this level often requires extensive experience, a large client base, and specialized skills or certifications such as the CFP or CFA. Very few financial advisors reach the $500,000 annual income mark.

Is $200,000 enough to work with a financial advisor?

A fee-only financial advisor typically requires a minimum investment or fee, which can range from $1,000 to $10,000 or more, depending on the advisor and services provided. With $200,000, you generally have sufficient assets to work with a financial advisor, especially if they charge a percentage of assets under management or flat fees, making personalized financial planning accessible at this level.

How does a fee-only financial advisor typically collaborate with other professionals to serve clients?

As a fee-only financial advisor, you will often work closely with professionals such as accountants, estate attorneys, and tax specialists to provide holistic financial planning for clients. This collaborative approach ensures that clients receive well-rounded advice tailored to their unique financial situations. Regular communication and coordination with these professionals is common, especially when developing tax strategies, estate plans, or handling complex investment portfolios. Being proactive in building and maintaining these relationships is crucial for delivering comprehensive and seamless client service.
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Fee Only Financial Advisor jobs near you
Infographic showing various Fee Only Financial Advisor job openings in the United States as of July 2026, with employment types broken down into 90% Full Time, 8% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $102,134 per year, or $49.1 per hour.

Financial Advisor-Downers Grove, IL and Milwaukee, WI

RK Partners

Chicago, IL • On-site

$100K - $135K/yr

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 24 days ago

Job description

Financial Advisor
Location: Downers Grove, IL and/or Greater Milwaukee Area
Pay Range: $100,000 - $135,000 per year
Our client is one of the largest independently owned fee-based wealth management firms in the Midwest. They provide wealth management services to corporate executives and high net worth individuals. Investment News recently announced the firm as Best Places to Work for Financial Advisors for 2021-2025.
We are in search of a full-time Financial Advisor who can service clients in Wisconsin, specifically in the Milwaukee/Madison area. In addition to the same role in Downers Grove, IL. As the firm continues to expand their geographic footprint, this is a great business opportunity for an advisor who might be looking to join a fee-only planning firm with an established reputation and infrastructure.
The Financial Advisor must have knowledge in all areas of comprehensive financial planning and at least 5 years of client facing experience. Advisors assess and manage the financial needs of individuals and help them with decisions on, but not limited to, employer benefits, investments, income tax, retirement planning, charitable giving, estate planning, and insurance. Advisors help clients plan for short- and long-term goals to achieve their personal financial objectives. Advisors will have supervisory responsibilities for a support team.
Qualifications Required:
  • Minimum 5 years of client facing experience
  • CFP® designation (Certified Financial Planner)
  • CFA® and/or CPA designations acceptable
  • Extensive knowledge of finance, income taxes, investments, asset allocation and estate planning concepts
  • Proficient in basic computer skills especially Microsoft Office

Education: Bachelor's Degree in Personal Financial Planning, Finance, Economics, Accounting, or Business
Compensation: Exempt position, eligible for bonuses and full benefits including health, dental, vision, life, long-term disability, 401(k), and ownership potential. This is not a sales position.

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