Home > Salary > Iceland > Financial Advisor Trainee
A financial advisor trainee is an individual who is undergoing training to become a financial advisor. They work under the guidance and supervision of experienced financial advisors to learn about the various aspects of the profession. Their main responsibilities include assisting in client meetings, conducting research on investment opportunities, analyzing financial data, preparing reports, and learning about financial planning strategies. They may also assist in developing and implementing financial plans for clients, providing advice on investment options, and monitoring market trends.
Estimated Yearly Salary: 9,790,407 ISK
Estimated Monthly Salary: 815,867 ISK
Estimated Weekly Salary: 188,277 ISK per week
Estimated Hourly Salary: 4,707 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 788,645 ISK
Estimated Weekly Salary: 181,995 ISK per week
Estimated Hourly Salary: 4,550 ISK per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 68,650 USD
Estimated Monthly Salary: 5,721 USD
Estimated Weekly Salary: 1,320 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
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: 9,790,407 ISK
Estimated Monthly Salary: 815,867 ISK
Estimated Weekly Salary: 188,277 ISK per week
Estimated Hourly Salary: 4,707 ISK per hour
By working as Financial Advisor Trainee a person can save up to 2,992 USD per month or 35,904 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.
Estimated Yearly Salary for Financial Advisor Trainee
Last revision of data: 2025-01-04
Data as of 2025
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Financial Advisor Trainee salary in Iceland
Average Yearly Salary of Financial Advisor Trainee in Iceland is approximately 9,790,407 ISK (68,650 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 Trainee do?
A financial advisor trainee is an individual who is undergoing training to become a financial advisor. They work under the guidance and supervision of experienced financial advisors to learn about the various aspects of the profession. Their main responsibilities include assisting in client meetings, conducting research on investment opportunities, analyzing financial data, preparing reports, and learning about financial planning strategies. They may also assist in developing and implementing financial plans for clients, providing advice on investment options, and monitoring market trends.
Skills: financial advisor trainee, finance, investment, financial planning, client management, market analysis
Job industry: Finance
Job industry: Finance
How much does Financial Advisor Trainee make?
Salary details
How much does Financial Advisor Trainee make?Estimated Yearly Salary: 9,790,407 ISK
Estimated Monthly Salary: 815,867 ISK
Estimated Weekly Salary: 188,277 ISK per week
Estimated Hourly Salary: 4,707 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 9,463,740 ISKEstimated Monthly Salary: 788,645 ISK
Estimated Weekly Salary: 181,995 ISK per week
Estimated Hourly Salary: 4,550 ISK per hour
Last revision of data: 2024-01-03Financial Advisor Trainee estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 68,650 USD
Estimated Monthly Salary: 5,721 USD
Estimated Weekly Salary: 1,320 USD per week
Estimated Hourly Salary: 33 USD per hour
Difference in salary year over year or average salary increase is approximately
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.
Want to check how your salary compares? Submit your own salary here
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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 Trainee job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Advisor Trainee in Iceland earns on average:
1.09 times the average salary (or 109% of average salary).
Estimated national average yearly salary is 8,949,782 ISK (68,220 USD). Value indicated is pre-tax. Below graph shows estimated Financial Advisor Trainee job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Advisor Trainee in Iceland earns on average:
1.09 times the average salary (or 109% of average salary).
Is Financial Advisor Trainee a well paid job?
Yes, our data show that Financial Advisor Trainee is an averagely well paid job that still allows for some yearly savings. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Financial Advisor Trainee?
High salary for Financial Advisor Trainee would be somewhere between 10,769,448 ISK and 14,196,090 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Advisor Trainee 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: 9,790,407 ISK
Estimated Monthly Salary: 815,867 ISK
Estimated Weekly Salary: 188,277 ISK per week
Estimated Hourly Salary: 4,707 ISK per hour
By working as Financial Advisor Trainee a person can save up to 2,992 USD per month or 35,904 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 Trainee
Norway is 95,600 USD
United Kingdom is 44,901 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 Iceland
(101,519,791 ISK per year, pre-tax.)
2. Cardiologist
(84,892,494 ISK per year, pre-tax.)
(82,036,676 ISK per year, pre-tax.)
4. Neurosurgeon
(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.)
9. Oncologist
(77,260,671 ISK per year, pre-tax.)
(77,231,503 ISK per year, pre-tax.)
Data as of 2025Random salary:
Water resource consultant (13,504,491 ISK per year, pre-tax.)
Optician (6,167,447 ISK per year, pre-tax.)
Director hospice (17,226,209 ISK per year, pre-tax.)
Associate veterinarian (16,354,759 ISK per year, pre-tax.)
Pmo analyst (8,856,944 ISK per year, pre-tax.)
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