Home > Salary > Iceland > Financial Representative
A financial representative is a professional who provides advice and guidance to clients regarding their financial goals and investments. They analyze clients' financial situations, assess their risk tolerance, and develop customized strategies to help them achieve their objectives. Financial representatives may assist clients with retirement planning, investment management, insurance coverage, estate planning, and tax strategies. They stay updated on market trends, economic conditions, and changes in financial regulations to provide the most relevant recommendations.
Estimated Yearly Salary: 9,219,727 ISK
Estimated Monthly Salary: 768,311 ISK
Estimated Weekly Salary: 177,302 ISK per week
Estimated Hourly Salary: 4,433 ISK per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 744,339 ISK
Estimated Weekly Salary: 171,771 ISK per week
Estimated Hourly Salary: 4,294 ISK per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 64,647 USD
Estimated Monthly Salary: 5,387 USD
Estimated Weekly Salary: 1,243 USD per week
Estimated Hourly Salary: 31 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: 9,219,727 ISK
Estimated Monthly Salary: 768,311 ISK
Estimated Weekly Salary: 177,302 ISK per week
Estimated Hourly Salary: 4,433 ISK per hour
By working as Financial Representative a person can save up to 2,658 USD per month or 31,901 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 Representative
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
Health unit coordinator (4,586,702 ISK per year, pre-tax.)
Laboratory project manager (11,909,469 ISK per year, pre-tax.)
Medical equipment driver (6,032,235 ISK per year, pre-tax.)
Rapid response nurse (10,113,306 ISK per year, pre-tax.)
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Financial Representative salary in Iceland
Average Yearly Salary of Financial Representative in Iceland is approximately 9,219,727 ISK (64,647 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 Representative do?
A financial representative is a professional who provides advice and guidance to clients regarding their financial goals and investments. They analyze clients' financial situations, assess their risk tolerance, and develop customized strategies to help them achieve their objectives. Financial representatives may assist clients with retirement planning, investment management, insurance coverage, estate planning, and tax strategies. They stay updated on market trends, economic conditions, and changes in financial regulations to provide the most relevant recommendations.
Skills: financial advisor, investment consultant, retirement planner, wealth management, insurance specialist, financial planning
Job industry: Finance
Job industry: Finance
How much does Financial Representative make?
Salary details
How much does Financial Representative make?Estimated Yearly Salary: 9,219,727 ISK
Estimated Monthly Salary: 768,311 ISK
Estimated Weekly Salary: 177,302 ISK per week
Estimated Hourly Salary: 4,433 ISK per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 8,932,066 ISKEstimated Monthly Salary: 744,339 ISK
Estimated Weekly Salary: 171,771 ISK per week
Estimated Hourly Salary: 4,294 ISK per hour
Last revision of data: 2024-01-05Financial Representative estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 64,647 USD
Estimated Monthly Salary: 5,387 USD
Estimated Weekly Salary: 1,243 USD per week
Estimated Hourly Salary: 31 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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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 Representative job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Representative in Iceland earns on average:
1.03 times the average salary (or 103% 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 Representative job salary compared to average salary in Iceland.
Comparison shows that a person working as Financial Representative in Iceland earns on average:
1.03 times the average salary (or 103% of average salary).
Is Financial Representative a well paid job?
Yes, our data show that Financial Representative 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 Representative?
High salary for Financial Representative would be somewhere between 10,141,700 ISK and 13,368,604 ISK. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Representative 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: 9,219,727 ISK
Estimated Monthly Salary: 768,311 ISK
Estimated Weekly Salary: 177,302 ISK per week
Estimated Hourly Salary: 4,433 ISK per hour
By working as Financial Representative a person can save up to 2,658 USD per month or 31,901 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 Representative
Norway is 90,479 USD
United Kingdom is 42,512 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:
Health unit coordinator (4,586,702 ISK per year, pre-tax.)
Laboratory project manager (11,909,469 ISK per year, pre-tax.)
Medical equipment driver (6,032,235 ISK per year, pre-tax.)
Rapid response nurse (10,113,306 ISK per year, pre-tax.)
Quality analyst (11,058,762 ISK per year, pre-tax.)
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