Personal Financial Advisor salary in Nigeria

Average Yearly Salary of Personal Financial Advisor in Nigeria is approximately 6,362,099 NGN (7,616 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 Personal Financial Advisor do?

A personal financial advisor is a professional who provides guidance and advice to individuals on how to manage their finances effectively. They assess their clients' financial goals and objectives, analyze their current financial situation, and develop personalized strategies to help them achieve their goals. Personal financial advisors provide assistance in various areas such as budgeting, investment planning, retirement planning, tax planning, and risk management. They stay updated with the latest market trends and financial products to provide accurate and relevant advice to their clients.

Skills: Personal finance, Financial advice, Wealth management, Investment planning, Retirement planning, Risk management
Job industry: Finance

How much does Personal Financial Advisor make?

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


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Salary comparison to National average

Is Personal Financial Advisor a well paid job?

Yes, our data shows that Personal Financial 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 Personal Financial Advisor?

High salary for Personal Financial Advisor would be somewhere between 6,998,309 NGN and 9,225,044 NGN. However this is an estimation based on Gaussian Distribution.

How much can you save working as Personal Financial Advisor in Nigeria?

Living in Nigeria the approximate monthly expenses are: 206 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: 6,362,099 NGN
Estimated Monthly Salary: 530,175 NGN
Estimated Weekly Salary: 122,348 NGN per week
Estimated Hourly Salary: 3,059 NGN per hour
By working as Personal Financial Advisor a person can save up to 429 USD per month or 5,149 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 Nigeria, see costs of living in Nigeria.

Salary comparison to region and neighbouring coutries

Country's neighbours are: Niger, Chad, Cameroon, Benin.
To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).

Estimated Yearly Salary for Personal Financial 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 Nigeria

Data as of 2025

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