An Accredited Investment Fiduciary (AIF) typically earns an average annual salary of $105,000, which translates to approximately $8,750 per month.
An Accredited Investment Fiduciary (AIF) is a professional designation granted to financial professionals who have undergone rigorous training in investment fiduciary standards of care. These individuals are equipped to help clients manage their investments prudently and ethically, adhering to strict fiduciary principles.
AIF Salary Overview
According to recent salary data from ZipRecruiter, AIF salaries can vary across different experience levels and percentiles. Here's a breakdown of typical earnings:
Earning Category | Annual Salary | Monthly Pay |
---|---|---|
Top Earners | $109,000 | $9,083 |
75th Percentile | $107,500 | $8,958 |
Average | $105,000 | $8,750 |
25th Percentile | $102,500 | $8,541 |
This data indicates that while the average AIF earns around $105,000 annually, those in the upper echelons of the profession can command slightly higher salaries, reaching up to $109,000 per year. Even at the 25th percentile, AIFs earn a respectable $102,500 annually.
Factors Influencing AIF Salaries
Several key factors can influence how much an AIF makes, including:
- Experience Level: As with many professions, more experienced AIFs with a proven track record of success and client retention tend to earn higher salaries.
- Geographic Location: Salaries for AIFs can vary significantly based on the cost of living and demand in different cities and states. Major financial hubs often offer higher compensation.
- Employer Type: AIFs working for large financial institutions, wealth management firms, or independent advisory practices may see different pay structures. Those in specialized or niche markets might also command higher fees.
- Client Base: AIFs managing larger asset under management (AUM) or catering to high-net-worth individuals often have higher earning potential due to performance fees or larger advisory fees.
- Additional Certifications & Skills: Holding other advanced certifications (e.g., CFP, CFA) or possessing specialized skills in areas like estate planning, tax strategies, or alternative investments can boost an AIF's earning capacity.
- Performance & Bonuses: Many financial advisory roles include performance-based bonuses or commissions, which can significantly augment an AIF's base salary.
Understanding these factors can help aspiring and current AIFs strategically plan their career progression to maximize their earning potential.