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Salary data for country: Nigeria
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Banking

Salary for position Financial Advisor in Nigeria

Gross salary in Nigeria is
An employee's salary is influenced by several factors, primarily the region in which they work, length of experience, company size, and more.
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80% of people earn:
105 - 354 USD
10% earn less lthan 105 USD
10% earns more than 354 USD
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Salaries in the survey are expressed in gross.

Based on the Paylab.com salary survey, 80% of people on the Financial Advisor position in the Nigeria earn between 105 USD and 354 USD monthly gross.

10% of employees earn less than 105 USD and 10% of people earn more than 354 USD.

The survey is based on data from employees, cleaned of extreme and duplicate values. By taking a free, anonymous survey, you will get a more accurate salary comparison with other people working in the same position as you.
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What kind of work does Financial Advisor typically do

  • Providing personalized financial advice to clients based on their individual financial situations and goals.
  • Analyzing clients' financial information to develop tailored investment strategies and plans.
  • Educating clients on various financial products and services, including investments, insurance, and retirement planning.
  • Monitoring clients' portfolios and making recommendations for adjustments as needed to optimize performance.
  • Building and maintaining strong relationships with clients to ensure high levels of satisfaction and trust.
  • Staying up-to-date with market trends, economic developments, and changes in financial regulations to provide informed advice.
  • Preparing and presenting financial plans and reports to clients in a clear and understandable manner.
  • Collaborating with other financial professionals, such as accountants and tax advisors, to provide comprehensive services.
  • Conducting regular reviews with clients to assess their financial goals and progress.
  • Actively seeking new clients through networking, referrals, and marketing efforts to grow the business.

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The most common career path of an employee

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Position Financial Advisor in the labour market

In the salary ranking,
the job position takes

296. place

Women representation in position

n/a

Average age of respondent by position

n/a

681. place

Nursery School Teacher Assistant

Education, Science & Research

Salary group 1

65 - 142 USD

297. place

Assistant Financial Controller

Economy, Finance, Accountancy

Salary group 2

110 - 343 USD

296. place

Financial Advisor

Banking

Salary group 2

105 - 354 USD

295. place

HR Generalist

Human Resources

Salary group 2

145 - 297 USD

1. place

Software Engineer

Information Technology

Salary group 3

339 - 2,159 USD

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  • A breakdown of all monitored non-financial benefits
  • Analysis of financial benefits
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Frequently asked Questions

Frequently asked questions and answers about the salary for the position Financial Advisor.

The total gross salary for the position Financial Advisor ranges between 120,940 USD and 861,598 USD per month. For an accurate comparison, we recommend checking your salary through the questionnaire on Paylab.com to get a more precise view of the salary, considering the region where you work.

The highest-earning employees in the position Financial Advisor have a total gross salary of at least 354 USD per month.

10% of the highest-earning employees in this position have a total gross salary higher than 354 USD per month, and 10% of the lowest-earning employees in this position have a total gross salary lower than 105 USD per month. By participating in our salary survey, you will get an accurate comparison of your salary with the market average, considering the region where you work.

After working for 5 years, the position Financial Advisor earns 250 USD per month gross.

You need to be well prepared for salary negotiations. During salary negotiation, we recommend focusing on the following aspects:
  • find out the current market value of the position – on Paylab.com you can check it for free and anonymously
  • highlight your experience and achievements – it is good to time the salary discussion well
  • expanded responsibilities – if you work beyond your role and assigned duties
  • prepare alternatives – if a salary increase is not possible, there are other options (bonuses, extra vacation, etc.)

The salary data comes from a pay survey where everyone can anonymously compare their salary with other employees working in the same position. We clean and process this data according to our methodology. For the position Financial Advisor, we currently have less than 20 verified respondents collected.