Financial Advisor Trainee salary in Monaco

Average Yearly Salary of Financial Advisor Trainee in Monaco is approximately 187,094 EUR (186,305 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

How much does Financial Advisor Trainee make?

Difference in salary year over year or average salary increase is approximately 4 %


Want to check how your salary compares? Submit your own salary here

Salary comparison to National average

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 205,803 EUR and 271,286 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Financial Advisor Trainee in Monaco?

Living in Monaco the approximate monthly expenses are: 7,443 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: 187,094 EUR
Estimated Monthly Salary: 15,591 EUR
Estimated Weekly Salary: 3,598 EUR per week
Estimated Hourly Salary: 90 EUR per hour
By working as Financial Advisor Trainee a person can save up to 8,082 USD per month or 96,987 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 Monaco, see costs of living in Monaco.

Salary comparison to region and neighbouring coutries

Country's neighbours are: France, Italy.
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

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.

Top 10 highest salaries in Monaco

Data as of 2025

Random salary:
Network operations center (noc), engineer (218,333 EUR per year, pre-tax.)
Professor of history (271,788 EUR per year, pre-tax.)
Resident medical officer (141,464 EUR per year, pre-tax.)
Landscape architecture designer (211,826 EUR per year, pre-tax.)
Real estate appraiser assistant (86,863 EUR per year, pre-tax.)

Feedback about these results