Home > Salary > Ecuador > Financial Services Representative
A financial services representative is a professional who assists individuals and businesses in managing their financial needs. They provide advice and guidance on various financial products and services, such as investments, insurance, retirement planning, and estate planning. Their primary responsibilities include assessing clients' financial goals, analyzing their current financial situation, recommending suitable financial solutions, and helping clients make informed decisions.
Financial services representatives also help clients with account management, processing transactions, and resolving any issues or concerns. They build and maintain relationships with clients, ensuring that they receive personalized and relevant financial advice. They stay updated on industry trends and regulations to provide accurate and up-to-date information to clients.
Estimated Yearly Salary: 124,893,434 ECS
Estimated Monthly Salary: 10,407,786 ECS
Estimated Weekly Salary: 2,401,797 ECS per week
Estimated Hourly Salary: 60,045 ECS per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 10,045,629 ECS
Estimated Weekly Salary: 2,318,222 ECS per week
Estimated Hourly Salary: 57,956 ECS per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 4,429 USD
Estimated Monthly Salary: 369 USD
Estimated Weekly Salary: 85 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 124,893,434 ECS
Estimated Monthly Salary: 10,407,786 ECS
Estimated Weekly Salary: 2,401,797 ECS per week
Estimated Hourly Salary: 60,045 ECS per hour
By working as Financial Services Representative a person can save up to 117 USD per month or 1,400 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Estimated Yearly Salary for Financial Services Representative
Last revision of data: 2025-01-04
Data as of 2025
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Financial Services Representative salary in Ecuador
Average Yearly Salary of Financial Services Representative in Ecuador is approximately 124,893,434 ECS (4,429 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Financial Services Representative do?
A financial services representative is a professional who assists individuals and businesses in managing their financial needs. They provide advice and guidance on various financial products and services, such as investments, insurance, retirement planning, and estate planning. Their primary responsibilities include assessing clients' financial goals, analyzing their current financial situation, recommending suitable financial solutions, and helping clients make informed decisions.
Financial services representatives also help clients with account management, processing transactions, and resolving any issues or concerns. They build and maintain relationships with clients, ensuring that they receive personalized and relevant financial advice. They stay updated on industry trends and regulations to provide accurate and up-to-date information to clients.
Skills: financial services, financial advisor, investment advisor, insurance agent, retirement planner, estate planner
Job industry: Finance
Job industry: Finance
How much does Financial Services Representative make?
Salary details
How much does Financial Services Representative make?Estimated Yearly Salary: 124,893,434 ECS
Estimated Monthly Salary: 10,407,786 ECS
Estimated Weekly Salary: 2,401,797 ECS per week
Estimated Hourly Salary: 60,045 ECS per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 120,547,544 ECSEstimated Monthly Salary: 10,045,629 ECS
Estimated Weekly Salary: 2,318,222 ECS per week
Estimated Hourly Salary: 57,956 ECS per hour
Last revision of data: 2024-01-09Financial Services Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 4,429 USD
Estimated Monthly Salary: 369 USD
Estimated Weekly Salary: 85 USD per week
Estimated Hourly Salary: 2 USD per hour
Difference in salary year over year or average salary increase is approximately
4 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Ecuador is a country located in South America, bordered by Colombia to the north, Peru to the east and south, and the Pacific Ocean to the west. It has a population of approximately 17 million people and covers an area of about 283,561 square kilometers.
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Financial Services Representative job salary compared to average salary in Ecuador.
Comparison shows that a person working as Financial Services Representative in Ecuador earns on average:
0.76 times the average salary (or 76% of average salary).
Estimated national average yearly salary is 163,662,470 ECS (6,310 USD). Value indicated is pre-tax. Below graph shows estimated Financial Services Representative job salary compared to average salary in Ecuador.
Comparison shows that a person working as Financial Services Representative in Ecuador earns on average:
0.76 times the average salary (or 76% of average salary).
Is Financial Services Representative a well paid job?
No, our data shows that Financial Services Representative is typically not a well-paid job. The salary varies based on experience. Meaning that even though Financial Services Representative might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Financial Services Representative?
High salary for Financial Services Representative would be somewhere between 137,382,777 ECS and 181,095,479 ECS. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Services Representative in Ecuador?
Living in Ecuador the approximate monthly expenses are: 252 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 124,893,434 ECS
Estimated Monthly Salary: 10,407,786 ECS
Estimated Weekly Salary: 2,401,797 ECS per week
Estimated Hourly Salary: 60,045 ECS per hour
By working as Financial Services Representative a person can save up to 117 USD per month or 1,400 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ecuador, see costs of living in Ecuador.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Colombia, Peru. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Financial Services Representative
Colombia is 4,557 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ecuador
(1,855,980,438 ECS per year, pre-tax.)
2. Cardiologist
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
4. Neurosurgeon
(1,451,252,556 ECS per year, pre-tax.)
(1,445,038,889 ECS per year, pre-tax.)
(1,418,984,151 ECS per year, pre-tax.)
(1,418,715,651 ECS per year, pre-tax.)
(1,416,409,138 ECS per year, pre-tax.)
9. Oncologist
(1,414,323,101 ECS per year, pre-tax.)
10. Urologist
(1,413,729,680 ECS per year, pre-tax.)
Data as of 2025Random salary:
Senior communications specialist (253,526,537 ECS per year, pre-tax.)
Mortgage originator (127,263,283 ECS per year, pre-tax.)
Helicopter pilot (266,397,633 ECS per year, pre-tax.)
Banker analyst (215,820,814 ECS per year, pre-tax.)
Web developer (208,046,289 ECS per year, pre-tax.)
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