Home > Salary > Monaco > 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: 175,875 EUR
Estimated Monthly Salary: 14,656 EUR
Estimated Weekly Salary: 3,382 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 14,198 EUR
Estimated Weekly Salary: 3,276 EUR per week
Estimated Hourly Salary: 82 EUR per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 176,694 USD
Estimated Monthly Salary: 14,725 USD
Estimated Weekly Salary: 3,398 USD per week
Estimated Hourly Salary: 85 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: 175,875 EUR
Estimated Monthly Salary: 14,656 EUR
Estimated Weekly Salary: 3,382 EUR per week
Estimated Hourly Salary: 85 EUR per hour
By working as Financial Representative a person can save up to 7,281 USD per month or 87,376 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.
Estimated Yearly Salary for Financial Representative
Last revision of data: 2025-01-04
Data as of 2025
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Financial Representative salary in Monaco
Average Yearly Salary of Financial Representative in Monaco is approximately 175,875 EUR (176,694 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: 175,875 EUR
Estimated Monthly Salary: 14,656 EUR
Estimated Weekly Salary: 3,382 EUR per week
Estimated Hourly Salary: 85 EUR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 170,375 EUREstimated Monthly Salary: 14,198 EUR
Estimated Weekly Salary: 3,276 EUR per week
Estimated Hourly Salary: 82 EUR 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: 176,694 USD
Estimated Monthly Salary: 14,725 USD
Estimated Weekly Salary: 3,398 USD per week
Estimated Hourly Salary: 85 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
Monaco is a small sovereign city-state located on the French Riviera. With a population of approximately 38,000 people, it is the second smallest country in the world by population. Covering an area of just 2.02 square kilometers, Monaco is also one of the most densely populated countries globally.
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Financial Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Representative in Monaco earns on average:
1.03 times the average salary (or 103% of average salary).
Estimated national average yearly salary is 170,319 EUR (186,080 USD). Value indicated is pre-tax. Below graph shows estimated Financial Representative job salary compared to average salary in Monaco.
Comparison shows that a person working as Financial Representative in Monaco 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 193,463 EUR and 255,019 EUR. However this is an estimation based on Gaussian Distribution.How much can you save working as Financial Representative 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: 175,875 EUR
Estimated Monthly Salary: 14,656 EUR
Estimated Weekly Salary: 3,382 EUR per week
Estimated Hourly Salary: 85 EUR per hour
By working as Financial Representative a person can save up to 7,281 USD per month or 87,376 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 Representative
France is 43,536 USD
Italy is 35,590 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 Monaco
(1,948,030 EUR per year, pre-tax.)
2. Cardiologist
(1,613,197 EUR per year, pre-tax.)
(1,564,314 EUR per year, pre-tax.)
4. Neurosurgeon
(1,512,413 EUR per year, pre-tax.)
(1,512,144 EUR per year, pre-tax.)
(1,480,748 EUR per year, pre-tax.)
7. Urologist
(1,478,011 EUR per year, pre-tax.)
(1,476,615 EUR per year, pre-tax.)
9. Oncologist
(1,474,879 EUR per year, pre-tax.)
(1,470,635 EUR per year, pre-tax.)
Data as of 2025Random salary:
Laboratory assistant (121,448 EUR per year, pre-tax.)
Project manager multimedia (165,543 EUR per year, pre-tax.)
Game design manager (336,655 EUR per year, pre-tax.)
Acid etch operator (117,640 EUR per year, pre-tax.)
Technical advisor (332,637 EUR per year, pre-tax.)
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Please note:The salary data presented here are meant for informational purposes solely.
This website aggregates salary data for reference use only. While we endeavor to present accurate estimates, we do not ensure their full reliability. Users are highly encouraged to check with additional databases before finalizing financial plans. Salary figures fluctuate based on multiple conditions, such as location, job role, and individual qualifications. We do not offer any claims as to the validity of the provided information. Your use of this site acknowledges agreement of this disclaimer.
optisalary.com aggregates salary data for reference use exclusively. While we endeavor to present accurate figures, we cannot ensure their absolute precision. Users are strongly encouraged to check with other sources before making financial decisions. Salary figures vary based on multiple factors, such as location, job role, and individual qualifications. We do not offer any claims as to the validity of the provided information. Your use of this site acknowledges acceptance of this disclaimer.