Financial Planning Analyst salary in Iceland

Average Yearly Salary of Financial Planning Analyst in Iceland is approximately 12,722,450 ISK (89,273 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 Planning Analyst do?

A financial planning analyst is responsible for analyzing and evaluating clients' financial situations to develop comprehensive financial plans. They gather information about clients' income, assets, expenses, and financial goals to create personalized strategies for wealth management, retirement planning, and risk management. Financial planning analysts assess investment options, analyze market trends, and provide recommendations on portfolio diversification. They also assist clients in understanding complex financial concepts and help them make informed decisions regarding tax planning, insurance coverage, and estate planning. Additionally, financial planning analysts monitor and review clients' financial plans regularly to ensure they remain aligned with their changing circumstances and objectives. This occupation requires strong analytical skills, attention to detail, and a deep understanding of financial markets and products.

Skills: financial planning, wealth management, retirement planning, risk management, investment analysis, portfolio management
Job industry: Finance

How much does Financial Planning Analyst make?

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


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Salary comparison to National average

Is Financial Planning Analyst a well paid job?

Yes, our data shows that Financial Planning Analyst 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 Planning Analyst?

High salary for Financial Planning Analyst would be somewhere between 13,994,695 ISK and 18,447,553 ISK. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Planning Analyst 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: 12,722,450 ISK
Estimated Monthly Salary: 1,060,204 ISK
Estimated Weekly Salary: 244,663 ISK per week
Estimated Hourly Salary: 6,117 ISK per hour
By working as Financial Planning Analyst a person can save up to 4,711 USD per month or 56,527 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 Planning Analyst

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 +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 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.

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Data as of 2025

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