Home > Salary > Iceland > Financial Counselor
A financial counselor is a professional who provides guidance and advice to individuals or businesses on managing their finances effectively. They help clients develop budgets, create savings plans, and make informed decisions about investments, loans, and insurance. Financial counselors analyze clients' financial situations, assess their goals, and provide personalized strategies to achieve them. They may also educate clients about financial literacy, including topics such as debt management, retirement planning, and tax strategies.
Estimated Yearly Salary: 6,802,154 ISK
Estimated Monthly Salary: 566,846 ISK
Estimated Weekly Salary: 130,811 ISK per week
Estimated Hourly Salary: 3,270 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 549,394 ISK
Estimated Weekly Salary: 126,783 ISK per week
Estimated Hourly Salary: 3,170 ISK per hour
Last revision of data: 2024-01-07
Estimated Yearly Salary: 47,832 USD
Estimated Monthly Salary: 3,986 USD
Estimated Weekly Salary: 920 USD per week
Estimated Hourly Salary: 23 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: 6,802,154 ISK
Estimated Monthly Salary: 566,846 ISK
Estimated Weekly Salary: 130,811 ISK per week
Estimated Hourly Salary: 3,270 ISK per hour
By working as Financial Counselor a person can save up to 1,257 USD per month or 15,086 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 Counselor
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Financial Counselor salary in Iceland
Average Yearly Salary of Financial Counselor in Iceland is approximately 6,802,154 ISK (47,832 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 Counselor do?
A financial counselor is a professional who provides guidance and advice to individuals or businesses on managing their finances effectively. They help clients develop budgets, create savings plans, and make informed decisions about investments, loans, and insurance. Financial counselors analyze clients' financial situations, assess their goals, and provide personalized strategies to achieve them. They may also educate clients about financial literacy, including topics such as debt management, retirement planning, and tax strategies.
Skills: financial counselor, financial advisor, financial planning, budgeting, debt management, investment advice
Job industry: Finance
Job industry: Finance
How much does Financial Counselor make?
Salary details
How much does Financial Counselor make?Estimated Yearly Salary: 6,802,154 ISK
Estimated Monthly Salary: 566,846 ISK
Estimated Weekly Salary: 130,811 ISK per week
Estimated Hourly Salary: 3,270 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 6,592,729 ISKEstimated Monthly Salary: 549,394 ISK
Estimated Weekly Salary: 126,783 ISK per week
Estimated Hourly Salary: 3,170 ISK per hour
Last revision of data: 2024-01-07Financial Counselor estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 47,832 USD
Estimated Monthly Salary: 3,986 USD
Estimated Weekly Salary: 920 USD per week
Estimated Hourly Salary: 23 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
Compare salary to other countries
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Country:
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 Counselor job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Counselor in Iceland earns on average:
0.76 times the average salary (or 76% 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 Counselor job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Counselor in Iceland earns on average:
0.76 times the average salary (or 76% of average salary).
Is Financial Counselor a well paid job?
No, our data shows that Financial Counselor is typically not a well-paid job. The salary varies based on experience. Meaning that even though Financial Counselor might be a low paying job, with experience the salary might increase to satisfactory levels.What is considered a high salary for Financial Counselor?
High salary for Financial Counselor would be somewhere between 7,482,369 ISK and 9,863,123 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Counselor 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: 6,802,154 ISK
Estimated Monthly Salary: 566,846 ISK
Estimated Weekly Salary: 130,811 ISK per week
Estimated Hourly Salary: 3,270 ISK per hour
By working as Financial Counselor a person can save up to 1,257 USD per month or 15,086 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 Counselor
Norway is 66,747 USD
United Kingdom is 31,388 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:
Fire inspector investigator (9,015,174 ISK per year, pre-tax.)
Boiler mechanic (7,517,843 ISK per year, pre-tax.)
Residential program director (8,681,236 ISK per year, pre-tax.)
Research and development (rd), lab technician (6,175,376 ISK per year, pre-tax.)
Atmospheric space scientist (15,644,537 ISK per year, pre-tax.)
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