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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?

occupation personasA 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


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: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 120,547,544 ECS
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



Financial 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 up arrow 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.

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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).

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 USDup arrow 3%
Details on Financial Services Representative salary in Colombia
Last revision of data: 2025-01-04

Salary 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 up arrow+12% salary increase
    6 to 10 years of experience yields up arrow+25% salary increase
    11 to 15 years of experience yields up arrow+16% salary increase
    16 to 25 years of experience yields up arrow+9% salary increase
    more than 25 years of experience yields up arrow+10% salary increase
NOTE: Details based on limited set of data. Percentages may vary. The salary increase over years of experience can vary widely based on factors such as job industry, job role, location, company size, and individual performance. To gain even larger increase in salary one is advised to switch jobs and / or employer.

Top 10 highest salaries in Ecuador

(1,855,980,438 ECS per year, pre-tax.)
(1,555,155,042 ECS per year, pre-tax.)
(1,492,481,780 ECS per year, pre-tax.)
(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.)
(1,414,323,101 ECS per year, pre-tax.)
(1,413,729,680 ECS per year, pre-tax.)

Data as of 2025

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The salary figures presented here are intended for reference purposes only. While we strive to ensure correctness, we cannot guarantee all figures is flawless. Users are advised to research salary details with official authorities before making important financial decisions. Salary ranges may change due to economic shifts, demand variations, and regional factors. We deny responsibility for inaccuracies in the compensation data displayed.
The salary data on this site is designed for informational purposes exclusively. We provide salary insights derived from multiple datasets, but do not guarantee absolute precision. Users should consistently verify salary details with other reliable sources before making career-related decisions. Variations in salary amounts may occur due to various circumstances, including location, experience, and industry. We do not extend any warranty regarding the completeness of the provided salary information. Use of this website implies acceptance of these conditions.