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Financial Advisor salary in Iceland

Average Yearly Salary of Financial Advisor in Iceland is approximately 11,751,666 ISK (82,512 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 Advisor do?

occupation personasA financial advisor is a professional who provides guidance and advice on various aspects of personal finance to individuals, families, and businesses. They help clients in managing their investments, creating financial plans, and making informed decisions about savings, retirement, insurance, taxes, and estate planning. Financial advisors analyze a client's financial situation, goals, and risk tolerance, and then develop strategies to help them achieve their objectives.

Skills: financial advisor, investment management, financial planning, retirement planning, wealth management, personal finance
Job industry: Finance


How much does Financial Advisor make?

Salary details
How much does Financial Advisor make?
Estimated Yearly Salary: 11,751,666 ISK
Estimated Monthly Salary: 979,306 ISK
Estimated Weekly Salary: 225,994 ISK per week
Estimated Hourly Salary: 5,650 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04

Comparing salary to last year:
Estimated Yearly Salary: 11,377,795 ISK
Estimated Monthly Salary: 948,150 ISK
Estimated Weekly Salary: 218,804 ISK per week
Estimated Hourly Salary: 5,470 ISK per hour
Last revision of data: 2024-01-05



Financial Advisor estimated salary in USD
For easier comparison here is an estimated salary in USD:
Estimated Yearly Salary: 82,512 USD
Estimated Monthly Salary: 6,876 USD
Estimated Weekly Salary: 1,587 USD per week
Estimated Hourly Salary: 40 USD per hour


Difference in salary year over year or average salary increase is approximately up arrow 3 %

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

Iceland, a Nordic island country located in the North Atlantic Ocean, is known for its stunning natural landscapes and unique geological features. With a population of approximately 366,000 people, Iceland is one of the least densely populated countries in Europe. The country covers an area of about 103,000 square kilometers, making it the 18th largest island in the world.

Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Financial Advisor job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Advisor in Iceland earns on average:
1.31 times the average salary (or 131% of average salary).

Is Financial Advisor a well paid job?

Yes, our data shows that Financial Advisor is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.

What is considered a high salary for Financial Advisor?

High salary for Financial Advisor would be somewhere between 12,926,833 ISK and 17,039,916 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Advisor in Iceland?

Living in Iceland the approximate monthly expenses are: 2,729 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: 11,751,666 ISK
Estimated Monthly Salary: 979,306 ISK
Estimated Weekly Salary: 225,994 ISK per week
Estimated Hourly Salary: 5,650 ISK per hour
By working as Financial Advisor a person can save up to 4,147 USD per month or 49,766 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 Iceland, see costs of living in Iceland.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Norway, Faroe Islands, United Kingdom.
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 Advisor

Norway is 114,936 USDup arrow 39%
Details on Financial Advisor salary in Norway
United Kingdom is 54,102 USDdown arrow 34%
Details on Financial Advisor salary in United Kingdom
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 Iceland

(101,519,791 ISK per year, pre-tax.)
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
(79,530,435 ISK per year, pre-tax.)
(79,217,486 ISK per year, pre-tax.)
(77,544,423 ISK per year, pre-tax.)
(77,443,218 ISK per year, pre-tax.)
(77,278,803 ISK per year, pre-tax.)
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)

Data as of 2025

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The salary estimates on optisalary.com are meant for informational use only.
This website compiles salary information for educational purposes exclusively. While we strive to deliver correct figures, we do not ensure their absolute reliability. Users are highly advised to check with additional sources before finalizing career-related plans. Salary amounts fluctuate based on several factors, such as location, job role, and individual qualifications. We make no guarantees as to the validity of the provided data. Your use of this site acknowledges agreement of this notice.
Salary data displayed on this site is informational only. Our figures are compiled various sources, but we do not guarantee their accuracy. Users must always double-check salary details with additional resources before making job-related decisions. Salaries fluctuate due to individual experience, market demand, and employer policies. We cannot offer any assurances about the validity of the provided salary data. By navigating this site, you agree these terms.