Wealth Advisor salary in Monaco

Average Yearly Salary of Wealth Advisor in Monaco is approximately 287,137 EUR (288,273 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 Wealth Advisor do?

A wealth advisor is a financial professional who provides guidance and advice to individuals or families on how to manage their wealth and achieve their financial goals. They analyze the client's financial situation, including income, expenses, assets, and liabilities, and develop personalized strategies to optimize their wealth. Wealth advisors help clients with various aspects of their finances, such as investment planning, retirement planning, tax planning, estate planning, and risk management. They stay updated on market trends and economic conditions to provide informed recommendations to their clients. Additionally, wealth advisors may collaborate with other professionals, such as tax consultants and estate attorneys, to ensure comprehensive financial planning.

Skills: Wealth advisor, Financial planning, Investment planning, Retirement planning, Tax planning, Estate planning
Job industry: Finance

How much does Wealth Advisor make?

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


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Salary comparison to National average

Is Wealth Advisor a well paid job?

Yes, our data shows that Wealth Advisor 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 Wealth Advisor?

High salary for Wealth Advisor would be somewhere between 315,851 EUR and 416,349 EUR. However this is an estimation based on Gaussian Distribution.

How much can you save working as Wealth Advisor 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: 287,137 EUR
Estimated Monthly Salary: 23,928 EUR
Estimated Weekly Salary: 5,522 EUR per week
Estimated Hourly Salary: 138 EUR per hour
By working as Wealth Advisor a person can save up to 16,580 USD per month or 198,955 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 Wealth Advisor

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

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